Mag Silver Publishes Fourth Annual Sustainability Report

Core Viewpoint - MAG Silver Corp. has released its fourth annual Sustainability Report, emphasizing its commitment to transparency and accountability in environmental, social, and governance (ESG) practices [1][2]. Group 1: Sustainability Achievements - In 2024, MAG Silver achieved significant milestones in sustainability, including a three-year decline in leading safety indicators such as lost time injury frequency rate and total reportable injury frequency rate [8]. - The company dedicated over 102,000 hours to safety training across all sites, demonstrating a strong focus on safety [8]. - There were zero significant environmental incidents reported at the Juanicipio Mine, Deer Trail Project, or Larder Project, indicating effective environmental management [8]. Group 2: Governance and Social Responsibility - MAG Silver developed a human rights due diligence internal assessment tool to enhance its social responsibility efforts [8]. - The company reported a positive Social License at the Larder Project, reflecting strong community relations [8]. - 38% of the Board of Directors are female, exceeding the 30% target set in MAG's Diversity, Equity, and Inclusion Policy [8]. Group 3: Future Outlook - The company aims to continue its sustainability journey by empowering employees and engaging stakeholders, which is expected to strengthen relationships and enhance long-term value [2]. - MAG Silver is focused on laying a foundation for greater success in 2025, building on the progress made in 2024 [2].