Pan Global Resources Publishes Inaugural ESG Report, Outlining Commitment to Sustainable Mining Practices

About Pan Global Resources

Pan Global Resources Inc. is a copper exploration and development company focused on the prolific Iberian Pyrite Belt in southern Spain. The company's flagship project is the Escacena Project, which comprises a large, contiguous 5,760-hectare land package where Pan Global holds 100% interest.

Pan Global is led by a team with proven expertise in exploration, development and mining operations. The company aims to operate safely and responsibly, with respect for local communities and the environment. Pan Global is committed to discovering and developing new copper resources to support the global energy transition.

Highlights of the ESG Report

Pan Global recently published its first sustainability report in partnership with Digbee ESG, a leading ESG assessment platform for the mining industry. The wide-ranging report provides a comprehensive review of Pan Global's environmental, social and governance (ESG) policies and performance.

Key highlights from the report include:

• Adoption of stringent environmental standards to protect local ecosystems and minimize disturbances. This includes baseline studies, impact assessments, and rehabilitation plans.
• Commitment to the well-being of surrounding communities through local hiring, procurement, and community investments. The company actively engages with stakeholders.
• Strong governance framework focused on transparency, accountability, and ethical conduct. Pan Global adheres to all relevant regulations.
• Alignment with EU goals for securing sustainable supply chains of critical raw materials like copper. The Escacena Project is strategically located.
• Recent adoption of the UN Global Compact initiative on human rights, labor, environment, and anti-corruption. First junior Spanish exploration company to join.
• Identification of areas for continued ESG improvement using Digbee's rigorous scoring process. This provides a roadmap for the future.

According to Digbee's CEO Jamie Strauss, "Pan Global acknowledges the importance of planning an ESG journey that relies not just on compliance but recognizes the benefits of best practice."

Environmental Responsibility

The report highlights Pan Global's environmental stewardship programs for responsible resource development. Key initiatives include:

• Comprehensive baseline studies to map the pre-operational state of local ecosystems, water sources, air quality, and more. These enable impact monitoring.
• Rigorous environmental impact assessments for all projects and activities. Preventative and mitigation measures are defined.
• Detailed rehabilitation and closure plans for sites. This facilitates ecosystem restoration post-mining.
• Research partnerships focused on environmental innovation, such as passive water treatment.
• Robust water management and conservation strategies to safeguard local water resources.
• Progressive safety culture to prevent environmental incidents. Emergency response plans provide additional protection.

Pan Global aims to achieve continuous improvement in minimizing its environmental footprint over the life of its projects. Protecting biodiversity and water resources is a top priority.

Social Development and Community Relations

As outlined in the ESG report, Pan Global is committed to forming positive relationships with surrounding communities and ensuring its activities bring sustainable benefits. Key programs include:

• Local hiring and procurement programs to provide employment and business opportunities in host communities.
• Investments in community infrastructure, services, cultural programs and education. These address local priorities and needs.
• Support for community-driven sustainable development initiatives, focused on diversifying local economies.
• Open engagement through community meetings, open house events, school visits and more. Two-way dialogue is emphasized.
• Collaboration with local partners and contractors to optimize value creation and retention.
• Commitments to inform and consult communities at all project stages, and address concerns raised.

By sharing benefits and minimizing disruption, Pan Global aims to make a lasting positive community impact. The company's social license to operate is a top priority.

Governance and Leadership

Maintaining the highest standards of corporate governance is core to Pan Global's business approach. Key governance programs and controls include:

• Commitment to transparency, ethics and accountability across all operations.
• Adoption of clear anti-corruption policies that apply to all staff and business partners.
• Robust risk assessment processes to identify and mitigate regulatory, operational and commercial risks.
• Strong leadership team with extensive industry experience and expertise in sustainable development.
• Oversight by an independent, diverse board of directors that represents all shareholders.
• Timely, balanced disclosures to inform investors and stakeholders.
• Rigorous financial controls and reporting procedures, including independent audits.
• Executive incentive structures aligned with long-term growth and ESG performance.

By upholding corporate governance best practices, Pan Global aims to maintain trust and confidence with shareholders, communities, governments and partners.

Strategic Importance of Copper

Pan Global is focused specifically on advancing new copper resources due to copper's critical role in the global energy transition and expected supply deficits.

As highlighted in the report, the European Union has classified copper as a Critical Raw Material. Copper is essential for electrification, renewable energy, electric mobility and reducing carbon emissions.

With its flagship Escacena Project located in Spain's prolific Iberian Pyrite mineral belt, Pan Global is ideally positioned to responsibly develop new copper resources needed for Europe's green transition.

As an EU-focused copper developer committed to ESG excellence, Pan Global represents a promising investment opportunity in the critical minerals space.

Conclusion

Pan Global Resources' inaugural ESG report provides a robust overview of the company's sustainability programs and commitment to responsible mining.

The report's transparency offers investors valuable insights into Pan Global's strategic approach for mitigating risks and creating shared long-term value.

With copper's critical role in global electrification, combined with the company's strategic footprint in Spain and focus on governance, Pan Global has solid fundamentals for continued growth and success.

For investors seeking copper exposure with strong ESG credentials, Pan Global Resources represents an compelling opportunity. The company's progress on its sustainability journey will be an important indicator to watch moving forward.