MAG’s Board of Directors has established governance guidelines and committees to manage and assist in carrying out many of its responsibilities. MAG’s committee charters define the roles and responsibilities of the committees within the governance framework of MAG. Each member of the Audit Committee, Compensation Committee, Governance and Nomination Committee, Health, Safety, Environment and Community Committee meets the independence requirements established by the (NYSE) New York Stock Exchange American and the (TSX) Toronto Stock Exchange. Our standards are shown in our Code of Business Conduct and Ethics.
MAG has a Whistleblower hotline through Integrity Counts, a Canadian provider of global ethics reporting services, as an independent and external administrator of this helpline to allow any employee, contractor or member of the public who becomes aware of a violation of the MAG Silver Code of Business Conduct and Ethics, violations of other internal policies or guidelines or violations of any applicable law or regulations to anonymously report suspected violations. Submissions can be made in English or Spanish.
Methods of Reporting
Submissions in English or Spanish may be made in any of the following manners:
- By using the anonymous and confidential helpline:
An independent third party, Integrity Counts, has been retained as an independent and external administrator to address whistleblower concerns.
There are three ways to submit a complaint via Integrity Counts: (i) filing a report on the website, (ii) calling the toll-free phone number, or (iii) submitting an email. All reports generated by the service are transmitted to the Chair of the Committee.
Integrity Counts’ contact details for reporting a concern are as follows:
- By letter/mail/courier directly to the Chair of the Committee at:
MAG Silver Corp.
770 – 800 West Pender Street
Vancouver, BC V6C 2V6
Attention: Chair of the Audit Committee
STRICTLY PRIVATE AND CONFIDENTIAL
*Note that in the instance where a Submission involves the Chair of the Committee, the letter/mail/courier should be addressed to the attention of the Chair of the Board of Directors (or via email to email@example.com ).
- By raising the concern in an informal manner
Employees may consider raising their concern in an informal manner. For example, the concern could be reported directly to any supervisor or member of management whom the employee is comfortable approaching. Any manager or other supervisory employee who receives a report of an alleged violation must immediately forward the report to the Chair of the Committee.