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TSX :IMG : 7.16 -0.08 -1.1% Volume: 503,646 November 21, 2017
NYSE :IAG : 5.60 -0.07 -1.24% Volume: 1,684,275 November 21, 2017
GOLD PRICE: 1,280.91 +3.21 +0.25% Volume: November 21, 2017
corporate-governance

Corporate Governance

Statement of Corporate Governance Practices

Effective corporate governance practices have been a primary focus of the Board of Directors since the Corporation's inception. The directors of the Corporation are committed to maintaining a high standard of corporate governance for the proper operation of the business of the Corporation and the effective protection of its interests.

The Nominating and Corporate Governance Committee of the Board is responsible for reviewing proposed changes to applicable legislation, regulations and guidelines, as well as public commentary pertaining to corporate governance practices. The Board is of the view that the Corporation's standards of corporate governance continue to meet or exceed the governance requirements in Canada and the United States.

For a current Statement of Corporate Governance Practices and a more comprehensive description of the Corporation’s governance structure and practices, including the roles and responsibilities of the Board of Directors and its various standing committees, with a view to collectively ensuring the effective supervision and direction of management in the conduct of the business and affairs of the Corporation please refer to the most current IAMGOLD Management Information Circular available on Sedar at www.sedar.com.

As a Canadian reporting issuer, with securities listed on the Toronto Stock Exchange ("TSX"), IAMGOLD has in place corporate governance that is responsive to Canadian regulatory requirements. In the context of its listing on the New York Stock Exchange ("NYSE"), IAMGOLD is classified as a foreign private issuer, not subject to many of the NYSE governance rules. Although, as IAMGOLD benchmarks its governance practices against the practicies of all jurisdictions in which its stakeholders are situated, IAMGOLD believes there are no significant differences between its corporate governance practices and those required to be followed by U.S. domestic issuers subject to the full NYSE governance rules. IAMGOLD does note that, unlike the NYSE rules, but in compliance with TSX requirements, IAMGOLD is required to only seek shareholder approval of equity-compensation plans in relation to the creation of, or amendment to existing, plans which provide for issuances of securities from treasury.

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