Mountain Province Diamonds has three board committees that act independently of management and have wide ranging responsibilities. They are:

• Audit Committee
• Compensation Committee
• Corporate Governance and Nominating Committee

This committee meets with independent auditors to review financial reporting, internal accounting, financial controls and audit procedures. The committee also reviews the Company’s annual report, financial statements and other regulatory documents for public distribution.

MANDATE OF THE AUDIT COMMITTEE

	To view the mandate of the Audit Committee, click here. (193 KB)

This committee meets with the Company’s President to review the compensation of executives and make recommendations to the Board.

MANDATE OF THE COMPENSATION COMMITTEE

	To view the mandate of the Compensation Committee, click here. (141 KB)

This committee is responsible for developing the Company’s approach to corporate governance. This includes the mandate, size and composition of the Board and committees. The committee also assesses the effectiveness of the Board, its members and the role of all three committees.

MANDATE OF THE CORPORATE GOVERNANCE AND NOMINATING COMMITTEE

	To view the mandate of the Corporate Governance Committee, click here. (163 KB)

Mountain Province Diamonds has a Business Conduct Policy to ensure that directors, officers, employees and consultants of the Company conduct themselves ethically at all times.

BUSINESS CONDUCT POLICY

	To view the Business Conduct Policy, click here. (140 KB)

As a public company, the integrity, transparency and accountability of the financial, administrative and management practices of Mountain Province Diamonds Inc. is critical. This guides the decisions of the board of directors of the Company and is relied upon by shareholders of the Company and the financial markets. For these reasons, it is critical for the Company and its subsidiaries to maintain a workplace where concerns regarding questionable business practices can be raised without fear of any discrimination, retaliation or harassment.

Individuals who become aware of a violation or potential violation of the Code of Conduct and Ethics can report their concerns in confidence as follows:

CEO@MOUNTAINPROVINCE.COM
CHAIRMAN@MOUNTAINPROVINCE.COM
AUDITCHAIR@MOUNTAINPROVINCE.COM

MOUNTAIN PROVINCE DIAMONDS’ WHISTLEBLOWER POLICY

	To this end, Mountain Province implemented a Whistleblower Policy, click here. (100 KB)

For the fiscal year ended December 31, 2017, the Company and its subsidiaries did not have any direct reportable payments of $100,000 or more to any levels of Government in Canada and abroad as defined under the Extractive Sector Transparency Measures Act.

For the fiscal year ended December 31, 2020, the Company and its subsidiaries did not have any direct reportable payments of $100,000 or more to any levels of Government in Canada and abroad as defined under the Extractive Sector Transparency Measures Act.

For the fiscal year ended December 31, 2021, the Company and its subsidiaries did not have any direct reportable payments of $100,000 or more to any levels of Government in Canada and abroad as defined under the Extractive Sector Transparency Measures Act.

For the fiscal year ended December 31, 2022, the Company and its subsidiaries did not have any direct reportable payments of $100,000 or more to any levels of Government in Canada and abroad as defined under the Extractive Sector Transparency Measures Act.

REPORT FOR FISCAL YEAR END, DECEMBER 31, 2019

REPORT FOR FISCAL YEAR END, DECEMBER 31, 2018