Lynas Rare Earths Ltd

###### c. Public Policy Development

As the only significant producer of separated Rare Earths outside of China, Lynas is actively engaged with governments around the world to sustainably address critical minerals supply chain challenges.

The COVID-19 pandemic has highlighted supply chain vulnerabilities and many governments are focused on building diverse and resilient supply chains for critical materials used in manufacturing, including Rare Earth materials.

Lynas Rare Earths is a member of the Western Australian Government's Future Battery Industry taskforce.

###### i. U.S. Lobbying activities

2021 reports filed by lobbyists representing Lynas Rare Earths are available from the U.S. House of Representatives at: https://disclosurespreview.house.gov.

###### ii. Industry Associations

As a leader in the Australian critical minerals industry, Lynas is a member of industry associations. Through these associations, we share and develop industry best practice and contribute to industry and policy discussion and debate.

Our major industry association memberships are with the Minerals Council of Australia (MCA) and the Western Australian Chamber of Minerals & Energy (CME WA). Details of our membership of associations can be found in Appendix 5: Memberships and initiatives. [...] ###### Climate Governance

ESG is overseen by the Board on recommendations from the Audit & Risk Committee and the executive. In FY21, the Board:

###### › Led a review of Lynas' ESG reporting practices and disclosures resulting in alignment with the recommendations of the World Economic Forum common metrics initiative in the 2021 ESG Report. › Supported the review of GHG target frameworks by management and endorsed Lynas' commitment to the Science Based Targets initiative (September 2021). › Approved Lynas' Greenhouse Gas Policy.

At an executive level, the Lynas Leadership Team is responsible for ESG strategy and oversight including:

###### › The development and implementation of the Greenhouse Gas Policy. › Overseeing Climate-related strategies, progress and reporting. › Leading Climate-related projects and external engagement, including with customers, partners and suppliers.

Following confirmation of Lynas' commitment to the Science-Based Targets initiative, we are working to develop sciencebased GHG reduction targets in line with SBTi criteria, with the objective of limiting the global temperature increase to well-below 2°C. We will announce the new targets once they have been officially validated by the SBTi.

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]The Lynas GHG Policy outlines our actions:
Commit to the Science Based Targets initiative and develop science-based GHG reduction targets, with the objective of limiting the global temperature increase to well-below 2°C
• Consider greenhouse gas emissions as part of our business strategy and decision-making
• Pursue innovative solutions to reduce energy use and increase energy efficiency in our direct operations
• Adopt a sustainable management approach over the entire product life cycle by conducting Life Cycle Assessments
• Identify opportunities to reduce greenhouse gas emissions in our operations and advocate for emissions reductions throughout the Rare Earths value chain
• Identify climate related risks including including water availability, storm surges and rising temperatures and implement plans to manage and mitigate those risks
• Transparently report on our greenhouse gas emissions and our reduction plans and progress.