Pan American Silver joins Voluntary Principles on Security and Human Rights

VANCOUVER, BC, May 31, 2022 /PRNewswire/ – Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (“Pan American” or the “Company”) is happy to announce that it has formally been confirmed as a signatory to the Voluntary Principles (“VPs”) on Security and Human Rights. The VPs are a set of pointers by which firms within the extractive sector can keep the security and safety of their operations whereas guaranteeing respect for human rights and elementary freedoms.

Since late 2020, Pan American has been implementing the VPs in any respect its operations, together with the Escobal web site in Guatemala that’s on care and upkeep. As of January 2022, all the Company’s operations had been compliant with the VPs on Security and Human Rights. Training and audits will probably be carried out on an annual foundation and progress reported upon in Pan American’s annual sustainability report.

“Pan American has all the time been dedicated to sustainable company practices and social duty,” stated Michael Steinmann, President and CEO. “Implementing requirements, such because the VPs on Security and Human Rights, offers assurance to our stakeholders that our practices are aligned with international finest practices.”

“We welcome this chance to be a part of a constructive dialogue on {industry} challenges and the way forward for safety and human rights within the extractive sector,” stated Brent Bergeron, Senior Vice President of Corporate Affairs and Sustainability. “Pan American’s admission by authorities, NGOs and company contributors to the VPs reinforces our sturdy dedication to implement and advance these essential human rights ideas.”

Pan American can also be happy to announce that it has been accepted as Observers of the International Code of Conduct Association (“ICoCA”) for Security Providers. Pan American has requested that every one our contracted safety suppliers qualify as a member of excellent standing of ICoCA, and the Observer standing permits us to watch the implementation of procedures and practices by our contracted safety suppliers to adjust to ICoCA’s International Code of Conduct. Pan American’s Communities and Sustainable Development Committee of the Board of Directors frequently evaluations safety issues, incidents, and actions throughout the Company.

For additional data on Pan American’s efforts and efficiency within the areas of setting, social and governance, please see our 2021 Sustainability Report at Pan American can also be planning to host its annual ESG name on September 22, 2022 at 11:00 am ET (8:00 am PT). Further particulars will probably be offered nearer to the date.

About Pan American Silver

Pan American owns and operates silver and gold mines positioned in Mexico, Peru, Canada, Argentina and Bolivia. We additionally personal the Escobal mine in Guatemala that’s presently not working. Pan American offers enhanced publicity to silver by a big base of silver reserves and sources, in addition to main catalysts to develop silver manufacturing. We have a 28-year historical past of working in Latin America, incomes an industry-leading popularity for sustainability efficiency, operational excellence and prudent monetary administration. We are headquartered in Vancouver, B.C. and our shares commerce on NASDAQ and the Toronto Stock Exchange beneath the image “PAAS”.

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SOURCE Pan American Silver Corp.

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