NorthWest Copper Corp.

2022 ESG Data Report

Published on November 29, 2023

NorthWest Copper is a leading copper-gold mineral exploration company with an exciting group of projects located in north-central British Columbia, Canada.

The Company was formed in March 2021 with the merger of two companies SunMetals and Serengeti Resources. Both companies had worked in the region for several years prior to combining the mineral tenures to form NorthWest Copper. Since its formation, NorthWest Copper has been advancing its ESG commitments with the goal of becoming a partner of choice for responsible mineral exploration and development.

Central to this goal is building strong and respectful working relationships with Indigenous Peoples whose lands host the mineral potential needed to meet the growing demands for critical minerals. The Company is also focused on improving its environmental performance and land stewardship to support protection of cultural heritage and traditional use.

Our projects include the high grade Kwanika-Stardust project which underwent a Preliminary Economic Assessment (PEA) in 2022; the advanced Lorraine project which received a 5-year Multi-Year Area Based Permit in 2022 to allow for further resource definition; and the newly discovered copper-gold porphyry located at East Niv where a drill program was conducted in 2022.

With a diverse and prospective portfolio in a tier one jurisdiction, NorthWest is well positioned to participate in strengthening the global copper supply and building local economies while respecting the environment and traditional land use.

Disclaimer and Forward Looking Statements

Company Profile

Organizational Profile

Name

NorthWest Copper Corp.

Describe nature of activities, brands, products and services

NorthWest Copper is a new copper-gold
explorer and developer with an exciting
pipeline of projects in British Columbia. With a
robust portfolio in a tier one jurisdiction,
NorthWest is well positioned to participate
fully in a strengthening global copper market.
Our pipeline includes the advanced, high-grade
Kwanika-Stardust project, the extensive
Lorraine project with existing high-grade
resources, and our 2021 discovery - East Niv, a
brand new copper-gold porphyry system.

Link to Corporate Website

https://northwestcopper.ca/

Industry Classification

NAICS:
212299 All other metal ore mining

ISIC:
B0729 Mining of other non-ferrous metal ores

Market Capitalization

$0-$100Million USD

Type of Operations

Exclusively non-producing operations

Company Headquarters

Vancouver, Canada

ESG Accountability

Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance

For the 2022 ESG reporting period, Vesta
Filipchuk, Vice President Sustainability and
Tyler Caswell, Vice President Exploration, were
responsible for Environmental, Social, and
Governance strategy, programs, and
performance. This responsibility was delegated
and overseen by NorthWest Copper’s Board of
Directors and CEO.

ESG Reporting Period

Unless otherwise noted, all data contained in this report covers the following period

From

2022-01-01

2022-12-31

Audit Status

Identify the degree to which any inputs of the report are third-party checked

Self-Declared

Financial Reporting Period

Specify the frequency of sustainability reporting

Annually

Whether Financial reporting period aligns with the period for its sustainability reporting

Yes

Specify the contact point for questions about the report or reported information

For any inquiries regarding the information
disclosed in this report, please send an email
addressed to the Vice President Sustainability
at info@northwestcopper.ca

Geographic Scope of Report

Unless otherwise noted, the data in this report covers ESG matters related to the following countries of operations

Canada

NorthWest Copper assets

Identify notable exclusions, and reference any existing or planned reports that do or will address these (e.g, assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.)

NorthWest Copper holds assets located in
British Columbia, Canada, including Kwanika-
Stardust, Lorraine and Top Cat, East Niv, Arjay,
Croy Bloom, Tchentlo, Milligan West, and
UDS.

For the purpose of this report, NorthWest
Copper is disclosing ESG information related to
the following active projects:

• Kwanika-Stardust
• Lorraine-Top Cat
• East Niv
• Arjay

Fragile and Conflict-Affected Situations

Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations"

None

Business Operations Scope of Report

This report does not cover projects where no
exploration work was conducted in 2022
including Croy Bloom, Tchentlo, Milligan West,
and UDS.

Mineral Resource Types in Scope

Which of the following mineral resource types are covered by this report

• Inferred
• Indicated
• Measured

Mineral Reserve Types in Scope

Which of the following mineral reserve types are covered by this report

None

Currency

Unless otherwise noted, all financial figures referenced in this report are in the following currency

CAD

Organizational Profile

Provide a list of externally-developed economic, environmental and social charters, principles, or other initiatives to which the organization subscribes, or which it endorses, e.g., GRI, UN Global Compact

This is the second ESG report for NorthWest
Copper Corp. In this report we are aligning
with the following ESG standards:

• CDP - Carbon Disclosure Project
• GRI - Global Reporting
Initiative Comprehensive
• GRI- Mining and Metals Supplement
• ICMM - The International Council on
Mining and Metals
• ONYEN - Institutional and Investor
Questions
• SASB -Sustainability Accounting Standards
Board
• UGC - UN Global Compact.

Strategy

Provide a description of key impacts, risks, and opportunities,

Mineral exploration and the advancement of
mining projects within British Columbia may
pose risks but also creates many opportunities
to discover needed resources to meet the
demands for critical minerals and to address
climate action goals. While NorthWest
Copper's activities at this stage are seasonal
and temporary in nature, planning for the
future requires us to put systems in place to
manage our impacts and minimize risk to the
environment, biodiversity, cultural heritage and
the traditional use of land.

NorthWest Copper recognizes the
opportunities to build on traditional and local
knowledge to manage these potential impacts
and to put systems in place that support better
understanding of the land to encourage and
support environmental and cultural protection
and stewardship. In addition, working
collaboratively with Indigenous communities
and leadership we see opportunities to build
and support the development of stronger local
economies.

NorthWest Copper envisions a future of shared
values where partnerships with local
communities drive a new kind of mining where
the rights of Indigenous Peoples are recognized
and the protection and stewardship of the land,
environment, and cultural heritage form the
foundation of future development.

Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for for contributing to sustainable development. (CEO's message for this report)

NorthWest Copper is committed to working
towards ESG best practices. ESG strategy is the
responsibility of the Board, the Chair, and CEO.

As a newly formed Company, we are continuing
to build on past relationships and partnerships
with Indigenous leaders and communities and
looking for opportunities to enhance
collaboration, support stewardship practices,
and contribute to building strong communities
and local economies.

With a focus on exploring for copper in an area
of British Columbia with existing
infrastructure, abundant hydroelectric
power, and a local workforce supporting our
programs, our ESG performance is core to
NorthWest Copper's longer term goal to
contribute to sustainable economies and
encourage and promote cultural and
environmental stewardship.

We seek to meet best practices in our current
exploration but also in advancing and designing
our future projects.

NorthWest Copper Leadership Message

Policy commitments

Provide a description of the organization’s policy commitments for responsible business conduct

NorthWest Copper and its team hold integrity
and respect at the core of their values. The
Company operates under sound Codes of
Conduct and Ethics.

In its first year, NorthWest Copper undertook a
review of its policies and adopted a new Code
of Business Conduct and Ethics as well as new
Timely disclosure, Confidentiality and Insider
Trading policies.

On an annual basis, employees are required to
review and sign off on the Code of Conduct and
Ethics. In 2022, NorthWest Copper introduced
a third-party Whistler Blower reporting
mechanism to ensure any matters leading to a
contravention of our policy could be reported
anonymously.

In 2021, NorthWest Copper undertook a
review of these and adopted a new Code of
Business Conduct and Ethics as well as new
Timely Disclosure, Confidentiality, and Insider
Trading policies.

Please refer to the attached links for a copy of
these policies and a description of our plans on
ethics and integrity in 2022.

NorthWest Copper's Ethics and Integrity Plan for 2022

NorthWest Copper's Code of Business Conduct and Ethics

NorthWest Copper's Timely Disclosure, Confidentiality and Insider Trading Policy

What are (if any) the authoritative intergovernmental instruments that the commitments reference

TSE Stock Exchange
BC Securities Commission
Work Safe BC
Corruption of Foreign Official Act
BC Human Rights Code

Do the commitments stipulate conducting due diligence

The Company expects employees to operate
within the policy guidelines and report any
unethical behaviour or suspected violations
through NorthWest Copper's third-party
Whistler Blower framework.

Do the commitments stipulate applying the Precautionary Principle or Approach

Do the commitments stipulate respecting human rights

Yes

Describe the specific policy commitment to respect human rights

NorthWest Copper's Code of Business
Conduct and Ethics prohibits discrimination as
per the BC Human Rights Code.

Provide links to the policy commitments, if publicly available, or, if the policy commitments are not publicly available, explain the reason for this

NorthWest Copper's Code of Business
Conduct an Ethics is available at www.sedar.
com.

Report the level at which each policy commitment was approved within the organization, including whether this is the most senior level

Policies are approved by the Board of Directors
and reviewed annually by the Corporate
Governance Committee.

NorthWest Copper recognizes a need to
update its policies to align with standards and
plans to review and update as needed.

To what extent the policy commitments apply to the organization’s activities and to its business relationships

NorthWest Copper's policies apply to all
employees and officers of the Company.

Describe how the policy commitments are communicated to workers, business partners, and other relevant parties

On an annual basis, all Board of Directors and
employees are required to review and sign off
on policy commitments.

A site-specific induction is required for all
seasonal exploration field staff, regardless of
type or level of employment. In this induction,
staff are exposed to respectful workplace
policies including the Code of Business
Conduct, Safe Behaviour practices, and the
Company's Whistler Blower policy.

Embedding policy commitments

Describe how the organization embeds each of its policy commitments for responsible business conduct throughout its activities and business relationships

NorthWest Copper's Board of Directors and
employees are required to acknowledge the
Code of Business Conduct and Ethics on an
annual basis.

All field staff regardless of type or level of
employment are exposed to the Company's
commitments to Health and Safety and Code of
Conduct.

How are responsibilities allocated in order to implement the commitments across different levels within the organization

NorthWest Copper's Board of Directors is
responsible for oversight and ensuring the
implementation of policy commitments by the
executive team. Project managers are
responsible for exploration site-specific
implementation of the Company's
commitments.

Material Topics

Governance of Material Topics

Describe the process followed to determine the organization's material topics, including:

i. How has the organization identified actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights, across its activities and business relationships; provide details

Other external sources, please list

As an exploration company, NorthWest Copper
has not conducted a formal process to
determine the material topics to stakeholders
at its exploration sites. However, the Company
regularly engages with stakeholders and
Indigenous Peoples to understand and address
their concerns. For the purpose of this report,
the material topics selected and discussed
below result from this engagement.

ii. How has the organization prioritized the impacts for reporting based on their significance

As an exploration company, NorthWest Copper
has not prioritized the impacts for reporting.

Specify the stakeholders and experts whose views have informed the process of determining its material topics and provide details

• Employees and other workers
• Local communities
• Other, please specify

NorthWest Copper continuously engages and
receives feedback and input from Indigenous
Peoples in our project area. We also engage and
work with local communities of interest
including trapline holders, traditional land
users, and guide outfitters.

List the organization's material topics

• Economic Performance
• Market Presence
• Procurement Practices
• Overall environmental
• Employment
• Training and Education
• Indigenous Rights
• Local Communities
• Marketing
• Communications
• Permitting

List the organization's non-material topics

• Products and Services
• Labor/Management Relations
• Freedom of Association and Collective
Bargaining
• Child Labor
• Forced or Compulsory Labor
• Security Practices
• Anti-competitive Behavior
• Artisanal and Small-scale mining
• Resettlement
• Customer Health and Safety
• Product and Service Labeling
• Customer Privacy

Provide reason for considering such topics not material, provide details

Not applicable

These topics are not relevant to our business
and/or operational stage.

Report changes to the list of material topics compared to the previous reporting period

NorthWest Copper published its foundational
ESG report in 2021. For the 2022 report, there
are no changes to the Company's list of
material topics.

Environment

General Disclosure

Compliance with laws and regulations

Report the total number of significant instances of non-compliance with laws and regulations during the reporting period, and a breakdown of this total by:

Number of instances for which fines were incurred

Number of instances for which non-monetary sanctions were incurred

Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period

Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($Million)

Total number of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period

Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($Million)

Total number of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods

Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods

Describe the significant instances of non-compliance

NorthWest Copper is in compliance with all
federal and provincial environmental laws
and/or regulations administered by the
ministries of Environment, Energy, Mines and
Low-Carbon Innovation, and Forest Lands and
Natural Resources.

Greenhouse Gas Emissions

Scope 1

For your operations, disclose the gross global Scope1 greenhouse gas (GHG) emissions to the atmosphere of the seven GHGs covered under the Kyoto Protocol (tonne CO₂-e)

Carbon dioxide (CO₂) (tonne CO₂-e)

1,162.746

Methane (CH₄) (tonne CO₂-e)

0.000

Nitrous oxide (N₂O) (tonne CO₂-e)

0.000

Hydrofluorocarbon-23 (CHF₃) (tonne CO₂-e)

0.000

Hydrofluorocarbon-32 (CH₂F₂) (tonne CO₂-e)

0.000

Sulphur hexafluoride (SF₆) (tonne CO₂-e)

0.000

Nitrogen trifluoride (NF₃) (tonne CO₂-e)

0.000

Perfluoromethane (CF₄) (tonne CO₂-e)

0.000

Perfluoroethane (C₂F₆) (tonne CO₂-e)

0.000

Perfluorobutane (C₄F₁₀) (tonne CO₂-e)

0.000

Perfluorohexane (C₆F₁₄) (tonne CO₂-e)

0.000

The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne)

1,162.746

The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms

100.0000%

The entity shall discuss its long-term and short-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions

The 2022 season was the second that GHG
emissions were tracked. We will continue to
document and track GHG emissions and
establish a baseline that relates to the level of
activity for a given year.

Carbon Offset

Credits

How much CO₂ (metric tonnes) offset credits were purchased?

0.000

What is the percentage of the offset to the total CO₂ equivalence

0.0000%

Air Emissions

Report emissions of air pollutants that are released into the atmosphere

Emissions of carbon monoxide, reported as CO (tonne)

0.000

Emissions of oxides of nitrogen (NOx), reported as NOx (tonne)

0.000

Emissions of oxides of sulphur (SOx), reported as SOx (tonne)

0.000

Emissions of Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonne)

0.000

Emissions of lead and lead compounds, reported as Pb (tonne)

0.000

Emissions of mercury and mercury compounds, reported as Hg (tonne)

0.000

Emissions of non-methane Volatile Organic Compounds (VOCs) (tonne)

0.000

NorthWest Copper is an exploration company
with seasonal operations, and as such, the
Company is not currently tracking air emissions
as this is a non-material issue. NorthWest
Copper will measure air emissions in the future
as required by environmental authorities and
industry best practices.

Energy Management

Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy)

1,400.000

Percentage energy consumed that was supplied by grid electricity

0.0000%

Percentage of energy consumed that is renewable energy

0.0000%

Water

Efficiency

Proportion of water reused and recycled by the site to reduce the overall consumptive water demand

0.0000%

Water Management

Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters)

29.980

This measurement includes all water
withdrawn from freshwater sources.

The majority of this water is used in exploration
drilling. Water from drilling is filtered to
eliminate any fine materials and then returned
to the watershed. Camp operations use the
remainder of the water, and it is also collected
in greywater sumps, where it is filtered and
returned to the watershed. Water quality
samples are taken before the seasonal program
and after the seasonal program to ensure water
quality is maintained and no contaminants are
introduced to the environment. The majority of
withdrawn water is returned to the watershed,
and only a small proportion is lost through
evaporation and other processes.

Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn

0.0000%

Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed

0.0000%

Disclose the amount of water that was consumed in its operations (in thousands of cubic meters)

29.980

Was your organization subject to any fines, enforcement orders, and/or other penalties for water-related regulatory violations

Total number of instances of non-compliance, including violations of a technology-based standard and exceedances of quality-based standards

Waste Management

Disclose the total weight of tailings produced (tonne)

0.000

NorthWest Copper did not produce tailings
waste as the Company is not currently
producing ore or managing any tailings
facilities.

Tailings Storage Facilities Management

Does your company manage Tailings Storage Facilities

Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs)

No EPRPs have been developed in regards to
tailings at this point as the Company is not
managing any tailings facilities.

Innovation

Spending on Research, Development, and Technologies for waste management compliance and improvement

Describe nature of spending on Research, Development and Technologies for waste management compliance and improvement

Waste management compliance and
improvement is not currently a material issue
for NorthWest Copper at this stage of mineral
exploration and development. The Company
will evaluate opportunities for waste
management and improvement as part of
future feasibility studies.

Biodiversity

Management Plan

List the environmental and biodiversity management plan(s) implemented at active sites

NorthWest Copper uses industry best
practices to minimize the impact on water
quality, and biodiversity.

The Company utilizes programs such as pre-
and post-drilling water quality sampling for all
drainages potentially affected by exploration
activities. We apply best practices for drill site
preparation prior to drilling and rehabilitation
after drilling is completed to minimize
environmental impact and restore vegetation.

NorthWest Copper prepares Wildlife
Management and Mitigation Plans for each of
its operational projects. The Company also
prepares Emergency Management Plans that
describe the management of any emergency or
environmental incident associated with the
operation of our exploration projects.

In 2023, NorthWest Copper will be reviewing
and updating these plans based on the scope of
work.

1.1 Mine lifecycle stages to which the plan(s) apply

Exploration and appraisal

1.2 The topics addressed by the plan(s)

• Ecological and biodiversity impacts
• Noise impacts
• Discharges to water
• Hazardous chemical usage

1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups)

NorthWest Copper complies with all applicable
sections of the Mines Act and of the Health,
Safety, and Reclamation Code for Mines in
British Columbia (see links below). In addition,
the AME Handbook For Mineral and Coal
Exploration in British Columbia, a compilation
of currently known recommended management
practices, is also used (see the link to the
Biodiversity Impacts section of this report).

NorthWest Copper conducts water quality
analysis as well as collects surface water flow
data for its operational projects. These water
management programs are prepared by
recognized industry professionals with review
and input from Indigenous communities.

NorthWest Copper also prepares Wildlife
Management and Mitigation Plans for each of
its operational projects which reference and
follow provincial and federal laws and
guidelines. These plans are developed by
recognized industry professionals and with
review and input from Indigenous communities
as part of NorthWest Copper's commitments
under its Exploration Agreements.

In 2023, we plan to update and improve these
plans through collaboration with Indigenous
communities.

Mines Act

Health, Safety and Reclamation Code for Mines
in British Columbia

PDAC Caribou Management Strategies

Impacts

Does access to the site involve traversing a protected area

Do any of the entities concessions share a watershed with a protected area

Yes

Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve

NorthWest Copper projects are primarily
accessed via industrial logging roads. No
protected areas are traversed to access any of
the properties.

NorthWest Copper uses industry best
practices to ensure that irrespective of whether
a watershed is shared with a protected area or
not, there is minimal impact on water quality or
biodiversity. The Company utilizes programs
such as pre- and post-drilling water quality
sampling for all drainages affected along with
wildlife management plans, and best practices
for drill site rehabilitation post-drilling to
minimize environmental impact as much as
possible.

AME Mineral Exploration Guide

Reclamation Guide for Mineral Exploration

PDAC - First Engagement: A Field Guide for
Explorers

Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat

Does Not Apply

Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat

Does Not Apply

Percentage of inferred, indicated and/or measured resources in sites with protected conservation status or in areas of endangered species habitat

0.0000%

Social

Scale of the Organization

Describe how the organisation defines its "Operation"

NorthWest Copper is a mineral exploration
company with advanced assets which could
enter into preplanning engagement to enter
into an environmental assessment process.

Report the total number of operations

Scale of the Organization

Report the total number of direct employees worldwide (exclude contractors)

Report the total number of male direct employees worldwide (exclude contractors)

Report the total number of female direct employees worldwide (exclude contractors)

Report the total number of contract employees worldwide

Total number of employees worldwide (include contractors)

Total number of female employees and contractors worldwide

Female employees and contractors as percentage of total employees and contractors

30.6452%

Total number of male employees and contractors worldwide

Male employees and contractors as percentage of total employees and contractors

69.3548%

Employee Information

Report the total number of direct employees by employment type (permanent and temporary), by gender

Total number of permanent employees

Total number of permanent employees - female

Total number of permanent employees - male

Total number of temporary employees

Total number of temporary employees - female

Total number of temporary employees - male

Report the total number of non-guaranteed hours employees by gender

Total number of non-guaranteed hours employees - female

Total number of non-guaranteed hours employees - male

Total number of non-guaranteed hours employees - Non-binary

Report the total number of employees by employment type (full-time and part-time), by gender

Report the total number of full-time employees

Report the total number of part-time employees

Total number of full-time employees - female

Total number of part-time employees - female

Total number of full-time employees - male

Total number of part-time employees - male

Describe the methodologies and assumptions used to compile the data

Payroll information

Are the numbers reported in head count, full-time equivalent (FTE), or using another methodology

The numbers reported are full-time equivalent.

Are the numbers reported at the end of the reporting period, as an average across the reporting period, or using another methodology

At the end of the reporting period

Workers who are not employees

Report the total number of workers who are not employees and whose work is controlled by the organization

Report the total number of contractors by employment type (permanent and temporary), by gender

Total number of permanent contractors

Total number of permanent contractors - female

Total number of permanent contractors - male

Total number of temporary contractors

Total number of temporary contractors - female

Total number of temporary contractors - male

Report the total number of contractors by employment type (full-time and part-time), by gender

Total number of full-time contractors - female

Total number of part-time contractors - female

Total number of full-time contractors - male

Total number of part-time contractors - male

Turnover

Report the total number and rate of employee turnover during the reporting period, by age group, and gender

All Employees

Total number of turnover (the number that left during the period)

As an exploration company, NorthWest Copper
hires contractors on a seasonal and project
basis. The Company's turnover rate is not
indicative of the Company's workforce and,
therefore, not included in this disclosure.

Turnover & Age Breakdown

Average age of employees

Diversity and Equal Opportunity

Report the percentage of employees per employee category in each of the following diversity categories

Board of Directors

Total Board of Directors

Percent Male

85.7143%

Percent Female

14.2857%

Percent under 30 years of age

0.0000%

Percent between 30 and 50 years of age

16.6667%

Percent over 50 years of age

85.7143%

Senior Management

Total Senior Managers

Percent Male

50.0000%

Percent Female

50.0000%

Percent under 30 years of age

0.0000%

Percent between 30 and 50 years of age

25.0000%

Percent over 50 years of age

75.0000%

Salaried (excluding Senior Management)

Total Salaried (excluding Senior Management)

Percent Male

63.6364%

Percent Female

36.3636%

Percent under 30 years of age

18.1818%

Percent between 30 and 50 years of age

72.7273%

Percent over 50 years of age

9.0909%

Technical Employees (skilled hourly)

Total Technical Employees

Percent Male

Does Not Apply

Percent Female

Does Not Apply

Percent under 30 years of age

Does Not Apply

Percent between 30 and 50 years of age

Does Not Apply

Percent over 50 years of age

Does Not Apply

Production Employees (unskilled hourly)

Total Production Employees

Contractors:

Total Contractors

Percent Male

70.2128%

Percent Female

29.7872%

Percent under 30 years of age

55.3191%

Percent between 30 and 50 years of age

36.1702%

Percent over 50 years of age

8.5106%

Labour Relations

Collective Bargaining Agreements

Percentage of total direct employees covered by collective bargaining agreements

0.0000%

Notice Periods

Minimum number of weeks’ notice typically provided to employees and their representatives prior to the implementation of significant operational changes that could substantially affect them

Each employee has a contractually specified
notice period, which will depend on the role and
seniority of the employee. This aligns with
British Columbia's employment and labour
laws.

Occupational Health and Safety

Work-related Injuries

Injuries - For all employees

i. Number of fatalities as a result of work-related injury

i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked

0.000

ii. Number of high-consequence work-related injuries (excluding fatalities)

ii. Rate of high-consequence work-related injuries (excluding fatalities)

0.000

iii. Number of recordable work-related injuries

iii. Rate of recordable work-related injuries

0.000

iv. Main types of work-related injury, e.g., confined space, trips, falls, etc.

In this reporting period, the primary injury type
was falls caused by work in rugged, uneven
terrain.

v. Number of hours worked

68,183

Lost Time Injuries (LTIs)

Lost Time Injuries Rate (LTIR)

0.000

Injuries - workers who are not employees but whose work and/or workplace is controlled by the organization

i. Number of fatalities as a result of work-related injury

i. Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours

0.000

ii. Number of high-consequence work-related injuries (excluding fatalities)

ii. Rate of high-consequence work-related injuries (excluding fatalities)

0.000

iii. Number of recordable work-related injuries

iii. Rate of recordable work-related injuries

0.000

iv. Main types of work-related injury, e.g., confined space, trips, falls, etc.

In this reporting period, the primary injury type
was falls caused by work in rugged, uneven
terrain.

v. Number of hours worked

65,396

Lost Time Injuries (LTIs)

Lost Time Injuries Rate (LTIR)

3.058

Combined (Employees and non-employees, but controlled by the organization):

Total Hours Worked

133,579

Total number of all work-related injuries

Rate of work-related injuries

0.000

Total Lost Time Injuries (LTIs)

Lost Time Injuries Rate (LTIR)

1.497

Report the work-related hazards that pose a risk of high-consequence injury, including

i. How have these hazards been determined

NorthWest Copper identified operational risks
ahead of the field season. When the season
begins, all employees and contractors are
required to take a site induction that includes a
review of all potential risks. Site managers are
required to identify these potential hazards and
mitigate them before operation activities begin
at each site.

In addition, exploration teams conduct daily
safety meetings where any other previously
unidentified hazards can be discussed and
actions towards eliminating or minimizing
these hazards are implemented.

ii. Which of these hazards have caused or contributed to high-consequence injuries during the reporting period

In this reporting period, there were no high-
consequence injuries at any of the active
exploration sites managed by NorthWest
Copper.

iii. Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls

In this reporting period, there were no high-
consequence injuries at any of the active
exploration sites managed by NorthWest
Copper.

Report on actions taken or underway to eliminate other work-related hazards and minimize risks using the hierarchy of controls

NorthWest Copper identified operational risks
ahead of the field season. When the season
begins all employees and contractors are
required to take a site induction that includes a
review of all potential risks. Site managers are
required to identify these potential hazards
(described above) and mitigate them before
operation activities begin at each site.

In addition, exploration teams conduct daily
safety meetings where any other previously
unidentified hazards can be brought up,
discussed and actions towards eliminating or
minimizing these hazards are implemented.

Reporting of all incidents, hazards, equipment
damage and near misses is mandatory so
NorthWest Copper can continually improve to
eliminate work-related hazards and minimize
risk.

Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded, e.g., short-term contractors

No workers have been excluded from this
disclosure.

Safety Training

Disclose the average number of training hours provided to its workforce for health, safety, and emergency management training

Average hours of health, safety, and emergency response training for (a) full-time/direct employees

Average hours of health, safety, and emergency response training for (b) contract employees

1.23

Security, Human Rights and Rights of Indigenous People

Identify the countries of operations within the World Bank's list of “Fragile and Conflict-Affected Situations”

None

Describe the nature of any social risks, for all operating countries, that could have a material risk to operations

Within Canada, social risks material to our
operation include the protection of Indigenous
and human rights.

NorthWest Copper is committed the United
Nations Declaration on the Rights of
Indigenous Peoples (UNDRIP) and to the
principle of Free, Prior, and Informed Consent
(FPIC). Through the establishment of
Exploration Agreements with local Indigenous
Peoples and through collaborative planning and
engagement, NorthWest Copper works to
create economic opportunities through
employment, training and skills development,
and contracting. We also work with
communities to manage environmental impacts
and to protect cultural heritage where we
operate.

Aligning the interests and expectations of
Indigenous leadership and communities is a key
focus for NorthWest Copper in our
commitment to reconciliation and
demonstrating respect for the rights of
Indigenous Peoples.

NorthWest Copper also works closely with
other local communities of interest including
guide outfitters to avoid and minimize impacts
to their activities.

Percentage of proved reserves that are located in or near areas of active conflict

Does Not Apply

The total amount of proved reserves

Percentage of probable reserves that are located in or near areas of active conflict

Does Not Apply

The total amount of probable reserves

Percentage of inferred, indicated and measured resources that are located in or near areas of active conflict

0.0000%

NorthWest Copper does not operate in or near
areas of active conflict.

Total amount of inferred, indicated and/or measured resources

441,000,000

Inferred, indicated and/or measured reserves
are in millions of tonnes.

Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land

Does Not Apply

The total amount of proved reserves

Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land

Does Not Apply

The total amount of probable reserves

Percentage of inferred, indicated and measured resources that are located in or near areas that are considered to be indigenous peoples’ land

100.0000%

Total amount of inferred, indicated and measured resources

441,000,000

Describe due diligence practices and procedures with respect to indigenous rights of communities in which it operates or intends to operate

Please see the document attached for a
description of NorthWest Copper's due
diligence practices and procedures with respect
to the Indigenous rights of communities in
which it operates or intends to operate.

NorthWest Copper's Due Diligence Practices and Procedures with respect to Indigenous Rights

Discuss practices and list procedures while operating in areas of conflict

NorthWest Copper does not operate in areas of
conflict as per SASB EM-MM-210a.3.

Community Relations

Artisanal and Small-Scale Mining

Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized)

Report the associated risks and the actions taken to manage and mitigate these risks

Artisanal and small-scale mining is not present
or adjacent to NorthWest Copper operations.

Programs

Report on community relations programs, objectives and achievements in the past 3 years

Please see the document attached for a
description of NorthWest Copper's Community
Relations Programs, Objectives and
Achievements in the past 3 years.

NorthWest Copper Community Relations Programs and Objectives

Discuss the processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business

Please see the document attached for a
description of NorthWest Copper's processes,
procedures, and practices to manage risks and
opportunities associated with the rights and
interests of communities.

NorthWest Copper Due Diligence Practices and Procedures with Respect to Indigenous Rights

Risks and Opportunities

Disclose the total number of site shutdowns or project delays due to non-technical factors

Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors

Governance

Climate Change

Oversight

Is there board-level oversight of climate-related issues within your organization

Not currently, but we plan to do so within the
next two years

As an exploration company, our activities are
seasonal and temporary in nature. As our
projects advance, we will explore opportunities
to adapt our operations and activities to
climate-related issues over the next few years

Responsibility

Provide the highest management-level position(s) or committee(s) with responsibility for climate-related issues

Chief Executive Officer (CEO)

Vesta Filipchuk, VP of Sustainability is
responsible for developing future initiatives
associated with climate-change management.

Nature of primary responsibility

Both assessing and managing climate-related
risks and opportunities

Reporting

Frequency of reporting to the board on climate-related issues

As important matters arise

Incentives

Do you provide incentives for the management of climate-related issues, including the attainment of targets

No, not currently but we plan to introduce
them in the next two years

Risk and Opportunity Management

Does your organization have a process for identifying, assessing, and responding to climate-related risks and opportunities

No-we are planning to introduce a climate-
related risk management process in the next
two years

Northwest Copper is committed to developing
a process for identifying, assessing and
responding to climate-related risks and
opportunities as part of the development of our
future projects.

Risk Assessments

Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business

No - not yet evaluated

Opportunity Assessments

Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business

Strategy

Have climate-related risks and opportunities influenced your organization’s strategy and/or financial planning

Water Management

Quality and Quantity Dependency

Rate the importance (current and future) of freshwater quality and quantity to the success of your business

Direct use importance rating

Important

Indirect use importance rating

Have not evaluated

Rate the importance (current and future) of sufficient quantity of recycled, brackish and/or produced water for the success of your business

Direct use importance rating

Have not evaluated

Indirect use importance rating

Have not evaluated

Risk Assessments

Does your organization undertake a water-related risk assessment

Yes, water-related risks are assessed

Select the options that best describe your procedures for identifying and assessing water-related risks

i. Coverage

Partial

ii. Risk Assessment Procedure

Water risks are assessed in an environmental
risk assessment

iii. Frequency of Risk Assessment

Annually

iv. How far into the future are risks considered

Up to 1 year

Have you identified any inherent water-related risks with the potential to have a substantive financial or strategic impact on operations

Opportunity Assessments

Have you identified any water-related opportunities with the potential to have a substantive financial or strategic impact on your business

Responsibility

Provide the highest management-level position(s) or committee(s) with responsibility for water-related issues

Other, please specify

Tyler Caswell, VP of Exploration is responsible
for managing water-related issues for
NorthWest Copper.

Policy

Does your organization have a documented water policy

No, but we plan to develop one within the next
2 years

Reporting

Frequency of reporting to the board on water-related issues

As important matters arise

Incentives

Do you provide incentives to C-suite employees or board members for the management of water-related issues

No, not currently but we plan to introduce
them in the next two years

Strategy

Are water-related issues integrated into any aspects of your long-term strategic business plan

No, water-related issues not yet reviewed, but
there are plans to do so in the next two years

Governance structure and composition

Describe its governance structure, including committees of the highest governance body; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc.

In 2022, the Company's Board of Directors was
comprised of 7 members and the following four
standing committees:
1) Audit Committee;
2) Compensation Committee;
3) Corporate Governance and Nominating
Committee; and the
4) Health, Safety and Sustainability Committee.

The Company had four Executives: the
President and CEO, the Chief Financial Officer,
the VP, Exploration, and the VP, Sustainability.

The President and CEO reported directly to the
Board, and the remaining three Executives
reported to the President and CEO.

Please see the attached Management
Information Circular for more information on
the Board and its Committees.

Management Information Circular

List the committees of the highest governance body that are responsible for decision making on and overseeing the management of the organization’s impacts on the economy, environment, and people; e.g., the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc

The Health, Safety, and Sustainability
Committee was principally responsible for
providing oversight with respect to:

(i) the protection of the health and safety of the
Company’s employees and contractors at its
project sites; and,
(ii) the conduct of operations in an
environmentally and socially responsible
manner through the application of prudent and
sustainable design and operating practices and
the education and training of employees and
contractors who work for the Company.

Delegation of responsibility for managing impacts

Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment, and people e.g., is it part of the Governance structure of the company, the CFO or internal audit reporting to the Board

Yes

Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees;

Lauren McDougall, CFO is responsible for
economic issues and Vesta Filipchuk, VP of
Sustainability and Tyler Caswell VP
Exploration are responsible for social and
environmental matters at NorthWest Copper.
All three positions report directly to the
President and CEO.

Consultation Process

Report the processes for consultations between stakeholders and the highest governance body on economic, environmental and social topics, e.g., for most mining companies it would be the executives and operations and not the Board, and if delegated, explain how

NorthWest Copper is committed to the
principles and guidelines for ESG. Its processes
for consultations between stakeholders and the
highest governance body for ESG
topics reflects the Company's corporate
structure, values and evolving ESG goals and
commitments.

In 2022, consultation with stakeholders
included engagement with Indigenous
communities and leadership, communities of
interest that could be impacted by our activities
and/or could influence our activities, with
regulators and shareholders.

NorthWest Copper incorporates the inclusion
of consultation into its project planning to
ensure Indigenous communities and other
stakeholders are informed early about our
proposed activities which allows time for input
and feedback prior to the start of field
programs. In 2022, this enabled the Company
to improve its environmental practices by
developing more comprehensive Wildlife
Management and Mitigation Plans as well as
improve its cultural understanding by
conducting Archaeological Overview
Assessments for its projects and preparing
Chance Find Procedures for the protection of
archaeological finds.

In 2022, the Board received regular updates on
stakeholder information and reviewed and
endorses matters related to the Company's
ESG goals, practices, and performance.

As we move into 2023, we will continue to
explore ways to engage and receive feedback
from communities of interests and
stakeholders.

Governance structure and composition

Describe the composition of the highest governance body and its committees by

Number of executive members

Number of non-executive members

Less than 3 years of tenure of members on the governance body

3-6 years of tenure of members on the governance body

6-9 years of tenure of members on the governance body

More than 10 years of tenure of members on the governance body

Number of other significant positions and commitments held by each member, and the nature of the commitments

Please see the link below for a detailed
description of the Board of Director's other
significant positions and commitments.

NorthWest Copper Board of Directors

Number of Male governance body members

Number of Female governance body members

Number of members from under-represented social groups

Description of competencies relating to economic, environmental, and social topics

Please see the link below for a detailed
description of the Board of Director's
competencies relating to economic,
environmental, and social topics.

NorthWest Copper Board of Directors

Description of stakeholder representation

NorthWest Copper is a Canadian exploration
and development company. Our stakeholder
representation consists of employees and
contractors, service suppliers, local
community, and Indigenous Peoples, as well as
our shareholders and providers of capital.

Board Diversity

Do you have a diversity policy and if so, provide details, link to the policy or attach the file

The Board in 2022 was composed of 6 males
and 1 female. NorthWest Copper will be
reviewing its Diversity and Inclusion policy with
plans to update it in the future.

Chair of the highest governance body

Is the chair of the highest governance body is also a senior executive in the organization

Conflicts of Interest

Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated

The Company has established a Code of
Business Conduct and Ethics that provides
guidelines on avoiding and managing conflicts
of interest. All employees are asked to
acknowledge the Code annually.

Code of Business Conduct and Ethics

Report whether conflicts of interest are disclosed to stakeholders, including, as a minimum, conflicts of interest relating to

Yes

Cross-board membership

Yes

Cross-shareholding with suppliers and other stakeholders

Yes

Existence of controlling shareholder

Yes

Related parties, their relationships, transactions, and outstanding balances

Yes

Collective knowledge of highest governance body

Report measures taken to advance the collective knowledge, skills, and experience of the highest governance body on sustainable development., e.g., board training

NorthWest Copper has not provided formal
board training on ESG topics. However, the
Board of Directors have extensive Board
experience and have served in senior
management roles at mining companies
operating globally.

NorthWest Copper complements this
experience with regular updates to the Board
on social and environmental matters to
ensure the Board of Directors are well versed
on ESG issues that specifically pertain to the
Company's exploration activities.

Evaluation of Highest Governance Body

Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices

In 2022, the Board of NorthWest Copper
commenced a review of its governance
structure and the roles of the committees in the
identification and management of economic,
environmental, and social topics and their
impacts, risks, and opportunities associated
with our exploration activities. The review is
ongoing and will be reported in 2024.

Transparency

Describe the role of the highest governance body and of senior executives in developing, approving, and updating the organization’s purpose, value or mission statements, strategies, policies, and goals related to sustainable development

The Board of Directors, through the Health,
Safety and Sustainability Committee, under the
advice of the Company's CEO, VP of
Exploration and VP of Sustainability, is
mandated with assessing, developing and
approving NorthWest Copper's purpose,
values, mission statements and all strategies,
policies and goals related to economic,
environmental and social topics.

Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment, and people

In 2022, the Health, Safety, and Sustainability
Committee was responsible for identifying and
managing economic, environmental and social
topics.

Describe whether and how the highest governance body engages with stakeholders to support these processes

Yes

NorthWest Copper complements this
experience with periodic management reports
to the Board on social and environmental
matters to ensure the Board of Directors is
well-versed on ESG issues that specifically
pertain to the Company's exploration activities.

Describe how the highest governance body considers the outcomes of these processes

Stakeholder feedback to the Company is
evaluated periodically and as required by the
Board of Directors. The Board may develop
action plans to address stakeholder issues and
concerns and task Company executives or
specific Board members with the
implementation of the Board's recommended
actions.

Ethics

Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain

The Company has established a Code of
Business Conduct and Ethics that provides
guidelines on avoiding and managing
corruption and bribery risks. All employees are
asked to acknowledge the Code annually.

NorthWest Copper Corp. Code of Business Conduct and Ethics

Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (Saleable tonne)

Anti-Corruption

Communication and Training

i) Total number of governance body members that have received training on anti-corruption, broken down by region

NorthWest Copper's anti-corruption policy is
embedded in the Company's Code of Conduct
and Ethics. It is reviewed and signed off
annually by the Company's Board of Directors.
In 2022, all Board of Directors read and
acknowledged compliance with the Code of
Business Conduct and Ethics.

Total number and percentage of employees that have received training on anti-corruption, broken down by employee category and region

NorthWest Copper's anti-corruption policy is
embedded in the Company's Code of Conduct
and Ethics. It is reviewed and signed off
annually by all Company employees. In 2022, all
Company employees read and acknowledged
compliance with the Code of Business Conduct
and Ethics.

Remuneration

Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment, and people

NorthWest Copper prioritizes efforts in
Environment, Social and Governance as a
reflection of our values. Annually, the
Compensation Committee of the Board
determines the structure of the Company's
short-term incentive plan for the year. In 2022,
the Board approved a plan in which 10% of the
Company's incentive was related to the
achievement of ESG goals.

Currently, Board remuneration is a set
quarterly fee and is not linked to economic,
environmental and social topics.

How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration

The compensation of the Board, CEO, and CFO
are disclosed annually in the Company's
Management Information Circular or
Statement of Executive Compensation in
advance of the Company's Annual General
Meeting. Additionally, the Company presents
its Stock Option Plan annually to shareholders
for approval.

Report the results of votes of stakeholders (including shareholders) on remuneration policies and proposals, if applicable

At the Company's 2022 Annual General
Meeting, 69% of shareholders who voted,
voted in favour of the Company's Stock Option
Plan.

Stakeholder Engagement

Report the purpose of the stakeholder engagement

NorthWest Copper engages with stakeholders
to conduct its operations in a socially and
environmentally responsible manner.

Tax

Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax, including:

i. The approach to engagement with tax authorities

NorthWest Copper has engaged a third party
tax consultant who prepares all tax-related
filings. The Company endeavors to remit all tax
filings to the CRA within the pre-determined
timeframes, and responds to enquiries and
requests from the CRA in a timely manner.

ii. The approach to public policy advocacy on tax

NorthWest Copper does not conduct advocacy
on tax issues. The Company could potentially
support third party advocacy as members
of industry associations.

iii. The processes for collecting and considering the views and concerns of stakeholders, including external stakeholders

NorthWest Copper does not conduct advocacy
on tax issues. The Company could potentially
support third party advocacy as members
of industry associations.



This document was prepared using

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