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Case Study: Banro Corporation

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Banro Corpora on (NYSE: AMEX and TSX: BAA) is a Canadian gold mining corpora on with produc on from its first gold project, Twangiza, in the Democra c Republic of the Congo (DRC). Banro's Twangiza oxide mine began produc on in October 2011 and projected to produce approximately 120,000 ounces of gold during its first full year of opera on. Banro is also focused on the development of its second open pit project, Namoya, and is undertaking explora on on two addi onal fully-permi ed and licensed projects, Kamituga and Lugushwa. All of Banro's current projects reside along the 210 kilometer-long Twangiza-Namoya gold belt in the South Kivu and Maniema provinces of the DRC. Mining Gold from the Ground While Managing Documenta on in the Cloud In August of 2011, Banro deployed the M-Files enterprise content management (ECM) system in a private offshore cloud environment to be er manage documenta on associated with its Twangiza gold mine in the eastern DRC. Banro integrated M-Files into their Sage X3 ERP system and also u lizes the solu on to manage specific human resource, financial informa on and workflow processes with its subcontractors. Banro has set up M-Files vaults ranging from "Finance" (expense claims, bank statements and reconciliations, invoices), "Human Resources" (passports, visas, work permits), "Intranet" (general documents and templates) and "Projects" (engineering drawings, piping and instrumentation, transmittals, purchase orders, import documentation, environmental impact materials, and every detail of Twangiza and Namoya plants). M-Files has made Banro much more efficient, for example, by enabling its finance team in Toronto to access Congolese produced documents in secure vaults to complete quarterly audits, while its South African-based subcontractors can seamlessly share AutoCAD drawings for the company's current $154 million Namoya mine project. According to Thorsten Neumann, group IT Manager at Banro Corpora on, "M-Files enables us to manage several unique aspects of our business opera ons and processes, including the geographic distribu on of our organiza on and the need to effec vely manage globally dispersed subcontractors. M-Files addresses our par cular needs as a mul -na onal mining company." Banro Corporation Strikes Gold with M-Files ECM Publicly-listed Canadian Mining Company Taps M-Files for Management of Project Documents, Financial & HR Information and Workflow Processes Success Story "Audits are common in finance for mining operations, especially during the research phase prior to breaking ground. We place preliminary assessments and associated information into our secure M-Files vault, and this centralized approach makes for a much smoother audit process." -orsten Neumann IT Manager, Banro Corporation M-Files Inc. 5050 Quorum Drive Suite 600 Dallas, TX 75254 Phone: 972-516-4210 Fax: 972-516-4211 M-Files Corporation Hatanpään valtatie 26 33100 Tampere Finland Phone: +358 3 3138 7500 Fax: +358 3 3138 7550 sales@m-files.com www.m-files.com ©2012 by M-Files Inc. M-Files is a registered trademark of M-Files Corporation. All other trademarks are property of their respective owners.

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