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Nothing is more important to AMG than the safety, health, and well-being of our workers and their families. All injuries and occupational illnesses are preventable, and we firmly believe that there is no job worth doing in an unsafe manner. Safety is understood across our business units as our number one priority.

AMG fosters a culture of safety communication and encourages our people to actively listen to safety and health concerns to fully understand each issue, while supporting each other to work in a safe manner. Our employees understand that part of what keeps us safe is compliance with all applicable legal requirements and site-specific safety programs and procedures. Our leadership team acts with a sense of urgency to eliminate or effectively control safety, health, and environmental hazards and risks.

AMG Safety Commitment

• Continuously identify and implement safe and healthy ways to do the job;
• Hold each other accountable for superior health and safety practices;
• Keep protection of safety, health, and the environment as a value that drives overall performance;
• Remember that no task is so important that it puts the safety and health of employees at risk;
• Provide the leadership and resources needed to achieve our vision;
• Encourage each other to be champions of safety and health, both at work and at home; and
• Maintain a high degree of emergency preparedness.

AMG safety programs are unique to each of our sites and their management systems are tailored to their local regulatory environment. Formal safety management systems continue to play an important role in achieving zero harm to employees. Our sites review and maintain their safety management systems through internal audits and participate in external audits when seeking certification.

Our individual sites manage safety training for all employees and contractors. The nature and rigor of our safety trainings are tailored to the type of work completed at each site. For example, a higher-hazard facility requires a full week of training before an employee may begin work, whereas a low-risk office building will require a lower training commitment. Contractor safety training is a formal requirement at our facilities with current ISO 45001 and previous OHSAS 18001 certification.

At AMG’s corporate level, our leadership remains engaged with the health and safety and performance of our sites. Each site produces a monthly safety report, which is consolidated into a management report for AMG’s Management Board. In addition to this monthly reporting, AMG instituted Safety Alerts for safety issues, such as a lost-time incident, that require immediate attention. When a site initiates a Safety Alert, their concern goes immediately to AMG’s Vice President of Sustainability, Environment, Health and Safety and receives appropriate attention. AMG develops lessons learned from any safety incident that we share across our Company as a method of education and prevention.

AMG also participates with the Church of England Mining Tailings Safety Initiative to provide disclosures regarding the management of tailings storage facilities.

Safety performance data regarding the number of workplace injuries, illnesses and fatalities are a key performance indicator used to identify initiatives that strengthen safety culture and ensure a safe workplace. AMG utilizes the United States Occupational Safety and Health Administration (OSHA) standard for Reporting and Recording Occupational Injuries and Illnesses as the basis for the definition of workplace injuries and illnesses. Total Incident Rate and Lost Time Incident Rate are calculated as follows:

• Total incident Rate: (# of recordable injuries, illnesses, and fatalities) x (200,000) / (Total Hours Worked)
• Lost Time Incident Rate: (excluding fatalities) calculated as follows: (# of lost time injuries and illnesses) x (200,000) / (Total Hours Worked)

Each year, AMG aims to achieve a zero-incident status. This is, of course, a very challenging objective. AMG benchmarks itself to the industry average for Primary Metal Manufacturing (NAICS 331). The most recent data provided by the United States Bureau of Labor Statistics is for 2020. It reports that the Primary Metal Manufacturing industry’s total recordable case rate was 3.9 and the lost time rate was 1.3. AMG is proud that its safety performance is significantly better than the Primary Metal Manufacturing industry average, with a 2021 total recordable case rate of 1.08 (72 percent less than the industry average) and a lost time rate of 0.39, (70 percent less than the industry average). In 2021, internal safety performance in lost time incident rate improved year-over-year by 37 percent. Refer to the table below, extracted from our Environment, Social, Governance, Products Dashboard.

At AMG, we understand the importance and the benefits of diversity in the workforce. As a global company with facilities in more than a dozen countries, AMG is home to an inherently culturally diverse workforce. We place significant attention on the diversity of our workforce and our Board structure because AMG believes that diversity is important to the success of our Company. A diverse workforce, built from the communities in which we operate, allows us to work effectively and efficiently. As a global company, we consider it crucial that our employees are in touch with local cultural customs and have an understanding of the business practices that are most appropriate for their work environment. Our leadership works effectively across cultural boundaries by providing guidance and support to our business units.

AMG assesses the diversity of its workforce in terms of gender and age. The multinational, and therefore multicultural, nature of AMG’s business means that ethnic diversity is significant, but it is not possible to define minority employees in every environment. Demographics within the organization, using data from our Environment, Social, Governance, Products Dashboard is shown below.

Our leadership recognizes the importance of a diverse composition of the Supervisory Board and the Management Board as a general principle, particularly in terms of gender. AMG adopted our Diversity Policy in 2017, in which we outline our objective of having at least one-third of the seats on the Supervisory Board and the Management Board be held by each gender. The Supervisory Board will continue to look for suitable female candidates for the Management Board in order to meet all the diversity objectives as outlined in its Diversity Policy, as soon as reasonably possible.

AMG continuously shows consideration for our diversity objectives by maintaining a proper balance of nationalities to reflect the organization’s transatlantic structure. Additionally, we connect diversity commitments with our recruitment, retention, and succession planning strategies for both the Supervisory and Management Boards. In 2017, the Management Board deployed measures to attract and maintain a diverse workforce within our business units, including linking incentive payments for unit managers to make meaningful progress toward diversity targets.

In addition, in view of new legislation in the Netherlands concerning gender diversity in the composition of supervisory boards and management boards that became effective on January 1, 2022, the Management Board has initiated the creation of a robust plan supporting diversity with appropriate targets within the AMG Group going forward with the objective to increase diversity over time wherever appropriate. One of the measures adopted in 2021 was the creation of a Diversity Council that reports directly to the CEO, who has invited Ms. Dagmar Bottenbruch of the Supervisory Board to provide feedback and advice on diversity policy. The Diversity Council comprises primarily female members of AMG’s senior management and staff. This Council renders ongoing advice to the Management Board and the management of the units on how to monitor, enhance, and increase diversity on a variety of levels within the AMG Group.

AMG believes that maintaining enduring and healthy relationships with the communities where we work is important to our success around the world. Some of AMG’s businesses have operated for more than a century, have employed generations of families, and are a significant component of their communities and local economies. At AMG, we feel a responsibility to our local communities as well as the global community to work toward a sustainable future.

One of the ways we contribute to sustainable communities is by providing consistent and competitive employment opportunities. We offer fair wages and the opportunity to work for a company that treats its employees equitably and ethically. Our Company performs activities in parts of the world where human rights abuses have been known to occur, but as discussed in the Business Ethics section, AMG makes every effort to ensure there are no human rights abuses at our facilities and we monitor our supply chain for human rights risks, including human trafficking. In terms of supporting human rights, we embrace and promote a diverse and inclusive work culture. By offering gainful career opportunities and compensation that can exceed average local wages, AMG helps enable our communities to thrive.

In addition to contributing to the local economies and communities where we operate, AMG invests in our employees by providing training and opportunities for career advancement. Through these investments, AMG maintains an effective workforce that has been trained in the health, safety, and technical skills required to do its critical work. This training provides our employees with life skills that can be used beyond AMG and can contribute to the betterment of our communities. We also encourage our employees to volunteer within the communities where they live and work. Although limited by the impacts of COVID-19, in 2021 AMG employees contributed 596 volunteered hours to supporting their communities. In addition, $52,000 in community outreach was spent on various causes in the communities where we operate.

AMG takes steps at all facilities to limit and mitigate our environmental impacts in our communities. For example, by focusing on our Brazilian tailings dams, we are investing in the environmental health and safety of our communities while reducing our overall business risk. In the United Kingdom, AMG recently switched to a renewable power grid for our operations, helping to decrease the local air emissions associated with traditional energy production. On a local and global scale, our enabling technologies contribute to significant CO₂ emissions reduction. AMG will continue to foster long-lasting, productive relationships with our employees and communities.