Collective Bargaining 2016 – Press Release # 4

Cienaga, April 20, 2016

Drummond Ltd. would like to inform that the union organization Sintramienergética submitted its list of demands in the city of Santa Marta on April 20, 2016.

The company and the union agreed to begin talks on Monday, April 25, 2016.

The company reiterates its intention to reach collective bargaining agreements with all of the union organizations, bearing in mind the limitations that the current coal market imposes on the industry.