Outstanding Contribution to Sustainable Mining

BERKELEY ENERGIA LIMITED

NEWS RELEASE | 17 December 2020

Outstanding Contribution to Sustainable Mining - Europe 2020 Award

Berkeley Energia Limited ("Berkeley" or the "Company") is pleased to announce that it has been selected as the winner of the Outstanding Contribution to Sustainable Mining - Europe category in the 2020 Capital Finance International ("CFI.co") Sustainability Awards.

The CFI.co sustainability awards seek to recognise the best responses to sustainability issues by country or region, identifying companies that stand out as examples to others across the world.

Initial nominations for the awards come from CFI.co's readers, subscribers and staff working for organisations that contribute and support the publication such as the World Bank Group, various United Nations and European Union bodies, as well as other prominent entities, after which the judging panel determine a shortlist based purely on merit.

The CFI.co award selection panel uses a wide range of criteria to help inform decisions regarding the awards, in order to identify top performing companies not based on the size of the nominated organisation but rather on its excellence in sustainability.

Berkeley is extremely pleased to be recognised for its efforts in key area of Sustainable Mining. The Company's Salamanca mine is being developed to the highest international standards and the Company's commitment to health, safety and the environment is a priority. It holds certificates in Sustainable Mining (UNE 22470-80), Environmental Management (ISO 14001), and Health and Safety (OHSAS 18001) which were awarded by AENOR, an independent Spanish government agency.

These management systems ensure that Company procedures are compliant with current regulations, ensure that the environment is protected, the project is sustainable, and that all activities are carried out with respect for and in collaboration with the local communities.

The Company also strives to uphold the United Nation's Sustainable Development Goals ("SDGs"). A recent detailed review of the Company's business strategy and activities in Spain has shown a close alignment with the SDGs (compliance with 14 out of the 17 SDGs) demonstrating a commitment to the sustainable development that will continue throughout the execution of the entire project.

For further information please contact:

Robert Behets                          Franciso Bellón           

Acting Managing Director          Chief Operations Officer

+61 8 9322 6322                        +34 91 555 1380                       

[email protected]