AMG CRITICAL MATERIALS N.V. AMG CRITICAL MATERIALS N.V.
Strawinskylaan 1343
1077 XX Amsterdam
The Netherlands
Telephone: +31 20 7147140
Reporting of Payments to Governments in 2022
September 30, 2023 | 1 |
FOREWORD
This report is based on Book 2 Title 9 of the Dutch Civil Code, last amended in 2015 with proposal (Kamerstuk) 34 176 to implement Directive 2013/34/EU on the annual financial statements, consolidated financial statements and related reports of certain types of undertakings (OJEU 2013, L 182), as further implemented through the Decree of 10 November 2015 on Reporting of Payments to Governments (Besluit rapportage van betalingen aan overheden, hereafter the "Decree").
AMG Advanced Metallurgical Group N.V. is a Netherlands based public company organized under Dutch law and registered under nr. 34261128 at the Dutch Trade Register ("AMG NV").
REPORTING OBLIGATION
As an issuing company with seat in the Netherlands that is required pursuant to Article 406 of Book 2 of the Dutch Civil Code and Article 5:25c(3) of the Dutch Financial Supervision Act to issue consolidated financial statements, AMG NV is required pursuant to Article 5 of the Decree to issue a consolidated group report on government payments by its group companies (together with AMG NV the "AMG Group"), even though AMG NV is not itself active in the mineral extractive industry. Pursuant to the abovementioned provisions, this payment report includes all companies categorized as subsidiaries according to the principles of the AMG NV Group Consolidated Financial Statements that were active in the mineral extractive industry during the reporting year, regardless of their materiality for the Consolidated Financial statements and notwithstanding the scope of these activities.
SCOPE
The reporting covers activities in the minerals extractive industry: activities concerning exploration, prospecting, discovery, development and extraction of minerals and other substances, within the economic activities listed in Section B, Divisions 05 to 08, of Annex I to Regulation (EC) No 1893/2006, as defined in Article 1(b) of the Decree, implementing Article 41(1) of Directive 2013/34/EU.
During the reporting year, the activities of the AMG Group companies in the mineral extractive industry comprised the extraction and production of spodumene and natural graphite in the countries Brazil, Sri Lanka and Mozambique*.
The AMG Group conducted no logging of primary forests during the reporting year.
DEFINITIONS
Payment
An amount paid in cash or in kind of the following types:
- production entitlements;
- taxes on the income, production or profits of legal persons, with the exception of consumption taxes such as value added taxes, income taxes or turnover taxes;
- royalties;
- dividends;
- signing, tracing and production bonuses;
- licence fees, rents, entry fees and other fees for licenses or concessions; and
- payments for infrastructure improvements.
*activities in Mozambique are not reported since government payments in this country were less then EUR 100,000 during the reporting year 2022
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Government
Any national, regional or local authority of a Member State or a third country.
Public authorities shall include departments, agencies or undertakings over which that authority exercises the dominant influence within the meaning of Article 406 of Book 2 of the Civil Code.
CONTENT OF REPORT
1. The following information shall be included in the report for the financial year in question:
- the total amount of payments made to each government;
- the total amount per type of payment listed in the Definitions made to each administration;
- in the event that such payments are allocated to a particular project, the total
amount per type of payment as listed under the Definitions made in respect of each such project.
Payments for infrastructural improvements include payments to provinces, water boards and seaports.
- A payment, either individually or in a series of related payments, need not be disclosed in the report if such payment is less than €100,000 in a financial year.
- Legal entities may report payments made to meet payment obligations at entity level instead of at project level.
- Payments in kind, if any, made to a government shall be reported in value and, where appropriate, volume terms. An explanation shall be provided of how the value has been determined.
- The reporting of payments under this article shall be based primarily on the substance, and only then the form, of the payment or activity in question. Payments and activities shall not be artificially split or merged in order to circumvent the application of this Decision.
September 30, 2023 | 3 |
- Payment report for the period from January 1, 2022, to December 31, 2022
- Payment overview by country *
Payment type (amounts in EUR) | |||||
Signature, | |||||
Country | Production | discovery | |||
Taxes | Royalties | Dividends | and | ||
entitlements | |||||
production | |||||
bonuses | |||||
Brazil | 39.721 | 33.366.148 | 5.026.246 | 0 | 0 |
Payment type (amounts in EUR) | |||||
Signature, | |||||
Country | Production | discovery | |||
Taxes | Royalties | Dividends | and | ||
entitlements | |||||
production |
bonuses
Payments | ||
License fees, | for infra- | Total |
rental fees, | structure | |
entry fees | improve- | |
ments | ||
74.402 | 0 | 38.506.517 |
Payments | ||
License fees, | for infra- | Total |
rental fees, | structure | |
entry fees | improve- | |
ments |
Sri Lanka | 0 | 205.414 | 250.828 | 0 | 0 | 3.647 | 0 | 459.889 |
- All payments have been made by the following legal entitles per country: Brazil - AMG Brazil S.A.
Sri Lanka - Bogala Graphite Lanka Plc.
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- Payment overview by country and government
Brazil | Payment type (amounts in EUR) | ||||
Signature, | |||||
Government authority | Production | discovery | |||
Taxes | Royalties | Dividends | and | ||
Rights | |||||
production | |||||
39.721 | bonuses | ||||
- Prefeituras | - | - | - | - | |
- Agência Nacional de Mineraçao
- Secretaria de Estado de Fazenda de MG
Total | |
License | Payments for |
fees, | infrastructure |
rental fees, | improvements |
entry fees | |
- | 39.721 |
- |
- Receita Federal do Brasil | - | 33.366.148 | - | - | - | - | - | 33.366.148 |
- Secretaria de Estado de Fazenda de MG
- ANM-Agência Nacional de | - | - | 5.026.246 | - | - | - | - | 5.026.246 |
Mineraçao | ||||||||
- IBAMA | - | - | - | - | - | 74.402 | - | 74.402 |
- Instituto Mineiro de Gestao das Aguas
- Secertaria de Estado e Meio Ambiente
- Exercito Brasileiro
- Policia Civil MG
- Policia Federal
Total | 39.721 | 33.366.148 | 5.026.246 | 0 | 0 |
Sri Lanka | Payment type (amounts in EUR) | ||||
Signature, |
74.402 | 0 | 38.506.517 |
Total
License
Government | Production | discovery |
fees,
Payments for
authority | entitlements | Taxes | Royalties | Dividends | and |
production | |||||
rental
infrastructure improvements
bonuses | |||||
- Geological Survey Mines | - | - | 250.828 | - | - |
Bureau | |||||
- Provincial Revenue | - | - | - | - | |
Commissioner's | 17.360 | ||||
(Sabaragamuwa Provence) | |||||
- Central Government | 188.053 | ||||
- Central environmental authority | - | - | - | - | - |
Total | 0 | 205.414 | 250.828 | 0 | 0 |
fees,entry
fees
3.477-
254.305
--
17.360
188.053
170 | - | 170 |
3.6470459.889
September 30, 2023 | 5 |
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Disclaimer
AMG Critical Materials NV published this content on 29 September 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 October 2023 15:18:15 UTC.
