The Board of Ionic Rare Earths Limited (“IonicRE” or the “Company”) (ASX: IXR) is pleased to advise it has been accepted as a participant member of the United Nations Global Compact (“UN Global Compact”). The UN Global Compact is the world's largest corporate sustainability initiative with a mission to mobilise a global movement of sustainable companies to create a better world.

Highlights:

• Ionic Rare Earths has been accepted as a participant of the United Nations Global Compact
• The United Nations Global Compact is the World’s largest corporate sustainability initiative
• Ionic Rare Earths is committed to align corporate strategy and operations with the Ten Principles of the United Nations Global Compact
• The Ten Principles consist of the Sustainable Development Goals (SDGs) and fall under the four pillars of human rights, labour standards, environmental protection, and anti-corruption
• Ionic Rare Earth will deliver an annual Communication on Progress (CoP) to the United Nations Global Compact
• In a broader commitment to ESG reporting, Ionic Rare Earths will incorporate the Sustainable Development Goals (SDGs) with other global standards to provide science-based reports on sustainable impact going forward

The Board of Ionic Rare Earths Limited (“IonicRE” or the “Company”) (ASX: IXR) is pleased to advise it has been accepted as a participant member of the United Nations Global Compact (“UN Global Compact”). The UN Global Compact is the world's largest corporate sustainability initiative with a mission to mobilise a global movement of sustainable companies to create a better world.

IonicRE is driven by the realisation that all companies play a crucial part in enforcing human rights, using innovation to solve complex challenges whilst building a more sustainable world.

In a move to consolidate Environmental, Social and Governance (ESG) transparency, and to act on the United Nations “Agenda 2030”, IonicRE will now begin to report on progress of the United Nations Sustainable Development Goals (SDGs).

The Communication of Progress (CoP) is a voluntary action plan used by UN Global Compact participants to address an organisations impact on the prosperity of all people and our planet. This is one of the many programs of reporting and assurance that IonicRE is undertaking with respect to climate and environmental responsibility, social license to operate, business innovation and ethical governance practices.

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