Arafura will work together with our shareholders and employees, respecting and valuing everyone's contribution to the Company and the wider community.

We will work together to be socially responsible in caring for our environment.

Our value is RESPECT.

Relationships - The creation of value through trust.
Environment - Commitment to sustainable development.
Safety - Peace of mind from harm.
Performance - Achieving superior business results.
Ethics - Integrity in the way we do business.
Community - Involving stakeholders and promoting teamwork.
Tolerance - Embracing cultural diversity and indigenous rights.

To prosper and achieve real growth, Arafura will:

• Actively manage and build our portfolio of quality assets.
  
• Develop these assets into mining operations with superior cash flow.
  
• Earn the trust of the people directly or indirectly engaged in our business.
  
• Consistently deliver on commitments.

Our success will be measured by:

• The creation of shareholder wealth.
  
• Growth into a sustained mining house.
  
• Our communities valuing our citizenship.
  
• Investors recognising our value and worth.

Ethics and Conduct

As Arafura's representatives, we will behave in a way that will promote superior standards of ethics in our business dealings. These qualities will create a confident environment where our employees, customers and partners can constructively participate in creating value in our business.

All Arafura directors and employees will comply with the following code of conduct and standards:

• Work together creatively and constructively.
• Act with care, diligence, honesty and integrity.
• Treat everyone with respect and courtesy without harassment.
• Disclose and take reasonable steps to avoid any conflict of interest.
• Use Company resources in a proper manner.
• At all times behave in a way that upholds the good reputation of the Company.
• Always abide by all laws, regulations and acts.

Equal Opportunity

Arafura is an equal opportunity employer. All employees can expect to be treated fairly and with respect and be given the opportunity to succeed. Arafura believes that a diverse workforce will lead to enhanced performance and employs people on the basis of merit and job skill criteria.

Harassment in any form is not acceptable in Arafura's work environment. We will always support the human rights of our employees and communities in which we operate.