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Statement regarding Anglo American

14 May, 2024

Shareholders are referred to the announcement made by Anglo American plc (“Anglo American”) today, 14 May, regarding Anglo American’s plans to implement a number of major portfolio changes following completion of its asset review, including a demerger of Anglo American Platinum Limited (“Anglo American Platinum”) in a responsible and orderly way to optimise value for both Anglo American’s and Anglo American Platinum’s shareholders.

Anglo American Platinum believes that the Company’s assets have exceptional potential and is currently setting up the business to be resilient and deliver sustainable returns through the cycle as one of the world’s leading PGMs producers, despite the current cyclical downturn. Anglo American and Anglo American Platinum are working together to transform the Company to generate multi-decade cash flows, high returns and delivering its full potential. The ongoing reconfiguration of Anglo American Platinum and associated employee consultation process, announced in February 2024, will continue and are not affected by this announcement.

A copy of the announcement by Anglo American can be accessed on the Anglo American website at www.angloamerican.com

For further information, please contact:

Investors Media
Theto Maake
Tel: (SA) +27 (0)83 489 5215
[email protected]
[email protected]
Keitumetse Masike
Tel: (SA) +27 (0) 66 484 0227
[email protected]
Marcela Grochowina
Tel: (SA) +27 (0) 82 400 3222
[email protected]
[email protected]

Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and refining operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo American Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable difference in the development of the communities around its operations.
www.angloamericanplatinum.com

Anglo American is a leading global mining company, and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers – safely and sustainably.

As a responsible producer of diamonds (through De Beers Group), copper, platinum group metals, premium quality iron ore and steelmaking coal, and nickel – with crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society, and for our shareholders. Anglo American is re-imagining mining to improve people’s lives.

www.angloamerican.com