GEO INSIGHTS

Bunker Hill Mining Corp. has granted 672,450 restricted stock units (RSUs) to its Chief Financial Officer under its amended restricted stock unit incentive plan, with each RSU vesting into one common share on January 29, 2025, at a price of C$0.10 per share. The RSU Plan is accessible through the company’s SEDAR+ profile. Under new Idaho-based leadership, Bunker Hill aims to sustainably restart the Bunker Hill Mine as part of its strategy to consolidate and optimize mining assets in North America.

In a landmark decision, the Antwerp Labour Court of Appeals ruled that Belgian employee social security contributions are not due on equity-based compensation (RSUs) granted by a U.S. parent company to employees of its Belgian subsidiary. The court concluded that these RSUs were not provided as part of the employees' service to the Belgian subsidiary but were instead granted by the U.S. parent company to retain employees long-term, with the parent company assuming full financial and legal responsibility. This decision provides an opportunity for companies to review their equity compensation policies and potentially claim refunds for social security contributions paid in the past three years.

Apave has successfully completed its second employee shareholding offer, continuing its commitment to involving employees in the Group's long-term development and performance. With 72% of eligible employees in France participating—an increase from the first offer in 2021—this initiative provides employees with shareholder opportunities through an FCPE, featuring special subscription conditions like matching contributions and discounts. Employee shareholders now hold 2.6% of Apave's capital, reinforcing the Group's dedication to employee engagement and shared success.