38 2 01 9 S U S T AINABILITY REPOR T E c on o m i c V a l ue G e n e ra t e d an d D i s t r i b u t e d O ur c or e busine s s activitie s g ener at e ec onomic v alue f or C OIs at the int ernational national r egional and c ommunit y le v els both dir ectly and indir ectly O ur dir ect in v e s tment s include w ag e s p aid t o emplo y ee s c ommunit y in v e s tment s and p a yment s t o g o v ernment in the f orm o f t ax e s r o y altie s and f ee s P a yment s t o g o v ernment c an be r ein v e s t ed in s ocial and ec onomic pr ogr ams that bene ft the c ommunitie s and r egions wher e w e oper at e D I R E C T E C O N O MI C V A L U E G EN ER A T ED A N D D I S T R I B U T ED O ur P erf ormanc e 1 B as ed on 2 01 9 ac crued r e v enue as per annual Financial St at ement s f or fs c al 2 01 9 dat ed Mar ch 12 2 0 2 0 Financial metric s f or Shahuindo L a Ar ena and Timmins ar e as o f the ac quisition dat e F ebruar y 22 2 01 9 2 L oc al r e f er s t o the e xpenditur e s in c ommunitie s within the dir ect ar e a o f infuenc e R egional c aptur e s e xpenditur e s in the indir ect ar e as o f infuenc e within surr ounding r egions National include s all other ar e as within a c ountr y that ar e e x cluded fr om either loc al or r egional L oc al r egional and national e xpenditur e s include w ag e s supplie s and s er vic e s and c ommunit y in v e s tment s 3 This is the ec onomic v alue r et ained b y the c omp an y aft er e xpenditur e s fr om mining activitie s but prior t o dis tributions t o pr o vider s o f c apit al shar eholder s and debtholder s E xpenditur e s fr om mining activitie s include pr oduction c o s t s r o y altie s g ener al and adminis tr ativ e e xpenditur e s e xplor ation and pr oject de v elopment mine c ar e and maint enanc e inc ome t ax e s p aid p a yment s f or miner al pr opertie s plant and equipment and p a yment o f le as e oblig ations as de s cribed in the annual Financial St at ement s f or fs c al 2 01 9 dat ed Mar ch 12 2 0 2 0 P r oduction c o s t s e x clude pur chas e pric e alloc ation in v ent or y f air v alue adjus tment s and NR V in v ent or y adjus tment s 4 E x clude s 335M dr a wn fr om our r e v olving cr edit f acilit y f or the ac quisition o f T ahoe and 125M p aid t o c anc el T ahoe s r e v olving cr edit f acilit y GR I 2 0 1 1 E c onomic V alue Gener at ed 1 L o ca l Spending 2 R egional Spending 2 National Spending 2 P a yment s t o Go v ern ment s Int erna tional Spending Dividends De b t R ep a yment s and Int er e s t P aid 4 E c onomic V alue R et ained E c onomic V alue R et ained b ef o r e P a yment s t o P r o vider s o f Capit al 3 U S Millions 1 600 1 400 12 00 1351 2 30 329 42 0 1 35 8 5 152 21 77 53 1 000 800 600 400 2 00 0