Health, Safety and Environmental

Stillwater Mining Company (the “Company”) recognizes that excellence in managing health, safety and environmental responsibilities is essential to its long-term success. Through effective management practices, the Company aims to ensure the health and safety of its employees, to minimize any adverse impact its activities may have on the environment and to make a positive contribution to local community life.

The Health, Safety and the Environmental Committee of the Board of Directors is responsible for helping: (i) to review the Company’s environmental and occupational health and safety policies and programs; (ii) to oversee its environmental and occupational health and safety performance,; and (iii) to monitor current and future regulatory issues.
The Committee’s responsibilities entail:

Reviewing and making recommendations, as appropriate, in regard to the Company’s health, safety and environmental (“HSE”) policies, plans and procedures,;
Helping to monitor the Company’s compliance with applicable HSE laws, regulations and voluntary commitments;

Reviewing an annual report prepared by the Company that examines trends and emerging issues in the HSE field and assisting the Company in the evaluation of the potential impact of such trends/issues on the Company,;
Reviewing and evaluating accident/incident reports and determining if such accidents/incidents are of sufficient significance to report to the Board;

Reviewing and approving the Company’s goals and objectives in HSE performance;
Evaluating management’s HSE performance in light of the Company’s goals and objectives,;

Assisting in the review and evaluation of estimates of HSE operating, reclamation, and closure costs in preparing investment proposals, annual plans, and accounts;
Monitoring and helping to evaluate the Company’s emergency preparedness; and

Reviewing with Company’s legal counsel HSE legal matters that are reasonably likely to have a material impact on the Company.

3. The Committee also intends to carry out an annual performance evaluation of its activities and charter. Further, the Committee plans to meet on an annual basis with the Board to assess the performance of the Committee with regard to the adequacy and appropriateness of information and recommendations on HSE issues presented to the Board as well as the sufficiency of the number and length of the Committee’s meetings.