Cautionary Statement – ESG and Sustainability Reports
Certain information contained or incorporated by reference in the Corporation’s ESG and sustainability reports, including any information as to our ESG goals, efforts, achievements, strategies, vision, and plans or, future financial or operating performance, constitutes “forward-looking statements” within the meaning of securities legislation in Canada. Forward-looking statements can be identified by the use of words such as “vision”, “believe”, “expect”, “target”, “plan”, “commitment”, “objective”, “aim”, “intend”, “goal”, “continue”, “on track”, “budget”, “likely”, “potential”, “may”, “might” “will”, “can”, “should”, “could”, “would”, and similar expressions. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by Aya as at the date of ESG reporting in light of management’s experience and perception of current conditions and expected developments, may prove to be incorrect. Known and unknown factors could cause Aya’s actual results, performance, developments, timetables or achievements to differ materially from those expressed or implied in the forward-looking statements. Such factors include, but are not limited to: anticipated ESG goals and plans not being attained or followed; the uncertainties inherent in Aya’s production, exploratory and developmental activities, including risks relating to permitting and regulatory delays, ground conditions, grade and recovery variability, uncertainties related to estimations of mineral reserves, any future labor disputes or work stoppages (involving Aya, its subsidiaries or third parties); operating or technical difficulties including geotechnical challenges, tailings dam and storage facilities failures, and disruptions in the access to required utilities or infrastructures; industrial accidents; fluctuations in the spot and forward prices of silver, gold, or certain other commodities (such as diesel fuel, natural gas, water and electricity); changes in national and local government legislation, taxation, controls or regulations and/or changes in the administration of laws, policies, and practices in Canada, the Kingdom of Morocco, the Islamic Republic of Mauritania or in other jurisdictions wherein Aya or its subsidiaries carries or may carry on business in the future; legal and administrative proceedings; risks associated with diseases, epidemic and pandemics, including the actual or possible effects of the Covid-19 pandemic; risk of loss due to acts of war, terrorism, sabotage and civil disturbances; risks associated with working with partners in jointly controlled assets; Aya’s ability to successfully close and integrate acquisitions or complete divestitures; whether benefits expected from transactions are realized; increased costs and risks of loss related to climate change and natural disasters; risks associated with artisanal and illegal mining; damage to the Aya’s reputation due to the actual or perceived occurrence of any number of events, including negative publicity with respect to the Aya’s handling of environmental matters or dealings with community groups, whether true or not; Aya’s ability to raise additional financing necessary to conduct its business, make payments or refinance its debt, as well as other uncertainties and risk factors set out in filings made from time to time with the Canadian securities regulators, including, without limitation, Aya’s most recent Annual Information Form. Readers are cautioned that forward-looking statements are not guarantees of future performance and are cautioned not to put undue reliance on forward-looking statements. Aya disclaims any intent or obligation to update publicly such forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, Aya undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Aya, its financial or operating results or its securities. This does not constitute an offer of any securities for sale.