Contributing to Social and Economic Development in the eastern Democratic Republic of the Congo

Ryerson University. November 19, 2013

United States

India

China

U.K.

Japan

Germany

France

Spain

http://geology.com/world/democratic-republic-of-the-congo-map.gif

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Banro has the potential to develop into a mid tier gold producer through the development of a single gold belt

Canadian-based exploration and development company listed on the TSX and NYSE MKT: Symbol BAA

Active in the eastern DRC since November 2004

Four open pit, oxidized, advancing gold projects, with resource base of 17 million ounces and growing

First gold plant, Twangiza, entered commercial production Sept 1, 2012 and being upgraded

Second gold plant, Namoya, under construction with start-up 4Q2013

Corporate Overview

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Twangiza Gold Plant achieved commercial production in September 2012

Corporate Overview

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Namoya Gold Plant is scheduled for to begin production December 2013

Corporate Overview

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Corporate Overview

Creation of capacity-building jobs ~ goal of 95% Congolese in skilled employees

Nurturing local and African supply chains

World-class standards in environmental management (IFC/Equator Principles - 2 and DRC Mining Code

Comprehensive CSR programs at mine development sites ~ voluntary resettlement, alternative livelihoods, artisanal mining, literacy training etc.

Occupational health and safety & on-the-job training

and

Long-term community development

What does CSR encompass at Banro?

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Investment in the eastern DRC 2004 – June 30, 2013

Twangiza-Namoya Gold Belt (DRC)

L a

c

T a

n g

a n

y i

k a

L a k e K i v u

Uvira

Mwenga

Walungu

Bukavu

Kibombo

Shabunda

Pangi

Kindu

Kasongo

Kabambare

NAMOYA

KAMITUGA

750000 m

E750000 m

E

9500000 mN

9550000 mN

9600000 mN

9650000 mN

9700000 mN

600000 m

E

650000 m

E

700000 m

E

650000 m

E

600000 m

E

700000 m

E

450000 m

E450000 m

E

500000 m

E500000 m

E

550000 m

E550000 m

E

9600000 mN

9650000 mN

400000 m

E

9700000 mN

400000 m

E

9500000 mN

9550000 mN

Fizi

TWANGIZA

Rivers

Main Roads and Towns

Secondary/other roads

Permits for Exploitation

Permits Applied for

Exploration permits

Deposit location and Name

Legend

N

0 50

Kilometres

N2

N2N5

N5

LUGUSHWA

Exploration $149.7M Invested

Namoya Plant

$177.8M Invested

Twangiza Plant

$224.8M Invested

DRC Taxes $36.5M

Total

$593M Invested

Banro Foundation

$4.2M Invested

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Employment of Congolese Citizens

In less than a decade, Banro has gone from having no presence in eastern DRC to being the largest private employer in the region

• Currently 4,000 + jobs created by Banro and it’s contractors

• Congolese well represented on Twangiza management team and strong bench under development through direct exposure and coaching

Banro is committed to building the business and industrial skills base of Congolese in it’s communities

• Vocational training and skills development at the workplace

• Strengthening university faculties in business relevant disciplines

• Scholarships for high potential learners

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The Multiplier Impact of Direct Employment

Over 4,000 Congolese citizens

employed at various sites

Job Creation

• For every one employee working in mining, a minimum of 5 other indirect jobs are created in the local economy

• Each African on average helps support 10 other people

= 240,000 people benefiting from Banro’s operations

Congolese Businesses

Amicongo

Airtel

Raw Bank

Biopharm

Chez Bibas

Diphil Services

Erinys DRC

Panzi Hospital

Namoya Lamuka

Cinamula

Ginki

Vodacom

Hotel Orchid

Swala Aviation

Hopital General de Bukavu

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Developing the Congolese Supply Chain

Locally sourced goods and services, wages and salaries

• $117 million of Banro’s purchases, services and remunerations in 2012 were sourced in the DRC, including:

• Foodstuffs

• Construction services, supplies & materials

• Banking services

• Clothing

• Security services

• Salaries and wages

As a result, we have been raising business standards while encouraging:

• The presentation of competitive proposals

• Greater compliance with contracts

• Improved quality/performance measures

• Ethical/corruption-free business

Road Construction and Rehabilitation

• Annual maintenance of the 50 km Bukavu-Butuza road

• Construction and continuous maintenance of the 37 km Butuza-Twangiza road

• Phase 1 rehabilitation and opening of the 420 km Uvira-Baraka-Fizi-Lulimba-Kilembwe-Salamabila road

• Continuous rehabilitation of the 30 km Kakangala-Elila road

• Continuous rehabilitation of the 11 km Kakangala-Mapale road

• Rehabilitation of the Kamituga airstrip road

• Rehabilitation of the Namoya-Lugushwa and Kamituga airstrips

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L a

c

T a

n g

a n

y i

k a

L a k e K i v u

Uvira

Mwenga

Walungu

Bukavu

Kibombo

Shabunda

Pangi

Kindu

Kasongo

Kabambare

NAMOYA

750000 m

E

750000 m

E

9500000 mN

9550000 mN

9600000 mN

9650000 mN

9700000 mN

600000 m

E

650000 m

E

700000 m

E

650000 m

E

600000 m

E

700000 m

E

450000 m

E

450000 m

E

500000 m

E

500000 m

E

550000 m

E

550000 m

E

9600000 mN

9650000 mN

400000 m

E

9700000 mN

400000 m

E

9500000 mN

9550000 mN

Fizi

TWANGIZA

Rivers

Main Roads and Towns

Secondary/other roads

Permits for Exploitation

Permits Applied for

Exploration permits

Deposit location and Name

Legend

N

0 50

Kilometres

N2

N2 N5

N5

N5 road provides limited access to Namoya

Upgrading work undertaken by Banro, the UN and CASA

LUGUSHWA

KAMITUGA

Sites identified for Hydro-Electric Development

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HEP

HEP

HEP

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B a n r o F o u n d a t i o n

1. Priorities ~ education, health and community infrastructure projects + humanitarian assistance

2. Initiatives to be recommended by local community leaders

3. Projects should benefit communities as a whole

4. Maximize opportunities to generate local employment

5. Promote social & economic opportunities for women

6. Banro provides governance, funding and materials

Guiding Principles

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Education: 2009

Official Opening of the Naluhwindja Secondary School - May 8, 2009 Serving 250 students

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Education: 2013

Official Opening of the Mulangane Ngweshe Primary School near Twangiza, January 30, 2013 ~ serving 240 students

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Education: 2013

Official Opening of the Makwale Burhinyi Primary School near Twangiza, January 30, 2013 ~ Serving 240 Students

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Education: 2013

Official Opening of the Mapale Secondary School near Lugushwa, May 22, 2013 ~ Serving 340 Students

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Education: 2013

To retain teachers and boost female enrollment, Banro Foundation makes monthly payments to teachers at all 13 schools it has built/rehabilitated

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Education: 2013

Our first five Twangiza scholarship winners, attending the Institut Technique Fundi Maendeleo in Bukavu

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Education: 2013

Makalanga Women’s Centre, Lugushwa ~ Graduation Ceremonies Jan 2013

Training of former artisanal miners

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Teaching Literacy/Numeracy Skills

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Education: 2013

Kindu University Women’s Dormitory ~ under construction

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The Original Tima Primary School

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Health Care: 2010

The New Kigumo Health Care Centre Official Opening February 26, 2010

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Health Care: 2010

Shipment of medical equipment from Canada to eastern DRC regional hospitals

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Health Care: 2012

New ambulance for the Ifendula Hospital (Twangiza) ~ August 2012

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Health Care: 2012

Financing the shipment of 6 tonnes of medical equipment From Kinshasa to Maniema Province ~ September 2012

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Health Care: 2012

BF Golf Tournament raised $96,000 for a women’s unit supporting consultation, prenatal family planning, HIV sensitization & child health

Panzi Hospital ~ Multi-Purpose Womens Unit

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Health Care: 2013

Tukolo Medical Clinic at Kamituga ~ under construction

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Health Care: 2013

Salamabila Referral Hospital at Namoya ~ under construction, is the recipient of the 2012 “Celebrate the Congo” fundraiser

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Health Care: 2013

Cornerstone Ceremony for the Byombe Health Clinic, Lugushwa

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Health Care: 2012

In Support of the new $165,000 Salambila Hospital being built by the Banro Foundation

Celebrate the Congo Fundraising Event Toronto, September 14, 2012

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Community Infrastructure: 2012

Inauguration of the Nfunu Water Project, Bukavu – December 2012

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Community Infrastructure: 2011~2012

Three new Basketball Courts for the Youth of Bukavu

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Community Infrastructure: 2012

Inauguration of the Kama Bridge, Namoya – June 2012

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Community Infrastructure: 2012

Inauguration of the Kadutu Community Site, Bukavu – December 2012

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Community Infrastructure: 2013

Nabuntalaga marketplace at Luhwindja ~ promoting development through commercial exchange and accelerating velocity of money

Humanitarian Initiatives

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Hosting a Visit from the Clinton Global Initiative , July 2011

Humanitarian Initiatives

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Distributing aid to the Bulengo camp, sheltering 15,000 refugees displaced by the November 2013 M23 rebellion in North Kivu

Support for Women

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ERDO Microfinancing Program for 225 Women in Bukavu

Promoting Sustainable Agriculture

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B a n r o F o u n d a t i o n

Sustainable development through primary education and skills development, improving health care, evolving infrastructure and encouragement of local business – leading to long-term, enhanced opportunities and quality of life for local Congolese communities.

Our Vision

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THANK YOU