Mining the golden opportunities of the new energy: The brightest chance for # T h e N e w E n e r g y I n P D A C The power, Energy and Mining sectors are key for the economic recovery of Colombia

7% 12% In 2019 Of the Government of the national GDP revenue comes from the Mining, Mining and Energy Hydrocarbons and Power Sectors represented sectors

5,7% 34%Of FDI 56%Of exports comes from the public utilities sector Between 2018 - 2019, FDI in the energy mining sector grew 21% 1. Based on 4 strategic axes The COVID-19 crisis offers an opportunity to promote a Renewable energy fair, sustainable and and new energy Energy security resilient economic technologies recovery

The mining and energy Sustainable mobility Mining diversification industry plays a vital role in supporting this meeting the objectives of our recovery 2. climate change plan Goals for a sustainable recovery for the energy sector The world is working on

The energy POWER sector is 1. powering the Create jobs Transport global HOME economic recovery 2. 3. IndustrY Boost the Improve energy CLEANERS FUELS Several measures have economy sustainability and been taken within the resilience energy sector around InnovaTION the globe The energy Transition renewable ENERGY Sustainable Mobility target strategy

solar WIND 14 projects 600.000 MW Electric Vehicles Goal for 2030 12% in 2021 we will have our MATRIX hydrogen roadmap to promote And it will continue to grow: 8.000 MW of Renewable energy projects have an this technology approved grid connection The fight against climate change is one of the “ greatest global challenges of the 21st century, and as paradoxical as it may be, the mining industry…will be responsible for providing much of the material needed to make this change possible.

IDB, 2020. “The time is now, tomorrow will be too late! “ Lithium, Li-ion batteries and the energy transition” Nothing of this would be posible Energy ages without mining. We are working in a minig sector for the #NewEnergy

Source: Zepf, V. et al (2014). Materials critical 1700 1800 1900 2000 to the energy industry: an introduction. Taken from IDB, 2020.

https://blogs.iadb.org/energia/en/the-time-is-now-tomorrow-will-be-too-late-lithium-li-ion-batteries-and-the-energy-transition/ Sustainable recovery brings opportunities for Copper can be recycled and it doesn´t the Mining Sector lose any of its properties

90% of solar panels contain silver A 3 MW turbine conductors which enable the requires: generation of electricity 4.7 tons of copper Gold conductors are fundamental for 335 tons of steel internet performance and layers of 1,200 tons of concret gold protect astronauts from radiation and heat Each MW of solar Next generation of green vehicles installed capacity requires could use gold to improve corrosion 45 tons of cooper resistance and electrical conduction 2021 is KEY for mining opportunities in production

El bagre California for gold and copper diversification Pantanos segovia Murindó Buriticá segovia Cisneros Murindó abriaquí Cisneros Buriticá san roque abriaquí urrao Anza

Titiribí El Carmen de 30 Carmen del darién jericó Titiribí pácora quibdó Quebradona supía bagadó marmato Quinchia projects Guayabales marmato in 2024 Investments: usd 5.000 mill jobs: Sotomayor, Los Andes 7.000

Mocoa (Gold-Production in Buriticá 2020, 257,000 oz/year) In 2020, despite covid19, gold production increased

25% From 37,5 to 46,8 ton What investors are looking for when Business Resource Institutional Environment environment potential framework al and social deciding framework where to invest According to the fraser institute annual Survey of mining companies 2020, Colombia ranks first place in the Investment Attraction Index in Latam What Legality we are and Security working Territory on and Environment

New Mining model

#NewEnergy for Diversification Legality and Security

• Protocol with ministry of defense • Bill against ilegal mining • Monitoring ilegal mining and sharing information Territory and Environment

• Strenghtening of • Relationship with environmental focus on conflict authorities prevention

• Modernization of • GREATER Environmental Coordination with Licenses Authority local authorities

• Working for greater • Royalties for the certainty in promotion of a protected areas better activy regulation New Mining model

• Strenghtening fiscalization • Higher standars • mining model for chocó region • Strategic Mining areas Process for the 5 Cesar andla Guajira 2021 = allocation of strategic process launching areas 3 Antioquia 4 areas for copper in Cesar AND LA GUAJIRA

POTENTIAL Opportunities: BLOCKS o Legality o Competitiveness o Sustainable development o Local development o Resilient economic 8 recovery Tolima Thank you and welcome to the opportunities of the new energy:

The brightest chance for COLOMBIA # T h e N e w E n e r g y I n P D A C Diego mesa puyo Minister of Mines and Energy - COLOMBIA

Sustainable development of the mining-energy sector with a social, DiegoMesaP environmental and governance purpose to DiegoMesaEnergia transform Colombia. @DiegoMesaP

Diego Mesa