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Response by RBC Global Asset Management

Author: RBC Global Asset Management, Published on: 13 February 2018

At RBC GAM, we view the integration of environmental, social and governance (ESG) factors into our investment processes as part of our fiduciary duty…Our investment teams carefully consider all ESG factors that may have a material impact on our investments. We also take an active approach as an investor and engage directly with management and/or the directors of the companies in which we are invested in…Our RBC Global Precious Metals Fund portfolio managers have been closely monitoring Lydian and its operations, including the Amulsar mine project, over the past four years… I have provided the team with the information you forwarded to ensure that it is considered as part of the ongoing evaluation of our investment. In addition, we will consider the issues you have raised as part of our ongoing engagement program...

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This is a response from the following companies: RBC Global Asset Management