Stakeholder Relations Values Statement

Gilead’s values provide direction and process to further the vision and mission of our organization. In turn, these values guide our business decisions as we work to meet regulatory and Stakeholder needs and expectations.

Our Stakeholder Relations Values set out the principals by which all activities are conducted by Gilead and are based on the Company’s core foundational values. Understanding Stakeholder priorities and encouraging open and honest communication to foster a collaborative approach to developing a project. Effective relationships with Stakeholders will be built on trust, understanding, compassion and full participation. Project viability is determined by the quality of its Stakeholder relationships.

Through information sharing, open dialogue and collaboration, Gilead strives to develop meaningful relationships with Stakeholders to meet new challenges and opportunities, which is key to understanding and reaching agreement on critical issues of concern. By developing long term relationships, Gilead is able to maintain its social license to operate and gain support for our Company mission which in turn helps create shareholder value.

Good Stakeholder relations will foster:

• Open dialogue and transparent communication and information sharing.
  
• Engagement of Stakeholders in the identification of shared economic, environmental and social outcomes of a project.
• Bridging gaps in Stakeholder understanding and participation.
• Good decision making by informing Stakeholders about our business plans and responding appropriately to their issues and concerns.
• Teamwork by respecting and supporting each other’s differences and working together towards a common goal.

At Gilead we define Stakeholders as any person or organization, who can be positively or negatively affected by the development of our projects. Gilead values each viewpoint and believes each Stakeholder is significant. As such, Gilead believes the process and effort required to build long-term relationships is important as every community is unique with different needs and values. The Stakeholder engagement plan for each project will be designed to encourage open dialogue and transparent cooperative decision making, giving consideration to project size and the extent to which the community wishes to be engaged. 

Gilead’s guiding principles for Stakeholder relations include:

• Providing timely and accurate information about our project, as available.
• Taking into account the needs and concerns of Stakeholders when making project related decisions.
• Actively seeking Stakeholder feedback and input to our project.
• Recognizing and respecting the values and cultures in the communities in which we work.