P AN AMERIC AN SIL VER 39 SP E N D I N G B Y C O U NTR Y 1 Canada amount s only include e xpenditur e s fr om Timmins mine s and e x clude C orpor at e e xpenditur e s C O M M U NI T Y I N V E S T M EN T A N D S U S T A I N A B L E D E V EL O P M EN T So c i o e c on o m i c D e v el o p m e n t P r o g rams W e in v e s t in s ocioec onomic de v elopment pr ogr ams that pr o vide las ting bene ft s t o ho s t c ommunitie s O ur mine s ha v e limit ed lif e sp ans and as aut omation and mechaniz ation incr e as e s f e w er dir ect job s ar e a v ailable f or c ommunit y member s C ons equently w e prioritiz e pr ogr ams r elat ed t o educ ation he alth and alt ernativ e ec onomie s which w e ha v e f ound t o pr o vide long t erm po sitiv e bene ft s O ur int ent is that the bene ft s will long e x c eed the lif e sp an o f our mine s F ollo wing our ac quisition o f T ahoe R e s our c e s w e c onduct ed a r e vie w o f our c ommunit y in v e s tment and sus t ainable de v elopment pr ogr ams with the objectiv e that e v er y pr ogr am addr e s s e s c ommunit y needs and int er e s t s is implement ed with the ac c ept anc e and in v olv ement o f the c ommunit y is appr opriat e t o the loc al s ocial c ont e xt c onsider s mine clo sur e inc orpor at e s k e y perf ormanc e indic at or s C O M M U N I T Y I NVE S T M E N T AN D S U S T A I NAB L E D E VE L O P M E N T S O C I O E C ONOM I C D E V EL O P M EN T PR O G R A MS I N F R A S TR U C T U R E A N D S E R VI CE S I NVE S T M E N TS L O C A L H I R I N G A N D P RO CU RE M E N T W e in v e s t in s ocio ec onomic de v elopment pr ogr ams that pr o vide las ting bene ft s t o ho s t c ommunitie s C ommunit y In v e s tment s Me xic o P eru 36 3 8 455 7 7 1 0 1 06 2 1 45 8 1 9 3 U S Millions B olivia Ar g entina Canada 1 Guat emala T ax e s R o y altie s Supplier s S er vic e s W ag e s B ene ft s 500 125 0 375 250