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Anglo American plc further reduces its shareholding in Anglo American Platinum through a second accelerated bookbuild

27 November, 2024

Anglo American plc shareholding reduces to 66.7%

Further to the announcements released by Anglo American plc and Anglo American Platinum (the Company) on 26 November 2024, Anglo American South Africa Proprietary Limited ("AASA"), a wholly-owned subsidiary of Anglo American plc, has disposed of approximately 6.6% beneficial interest in the securities of the Company, through a second accelerated bookbuild.

Following the disposal AASA now holds 66.7% of the issued ordinary shares in the Company. The disposal follows AASA’s placement of approximately 5.3% beneficial interest in the securities of the Company in September 2024, following which AASA held 73.3% of the issued ordinary shares in the Company.

As required in terms of section 122(3)(a) of the Companies Act, the Company has filed the required notices with the Takeover Regulation Panel. The board of directors of the Company (the "Board"), individually and collectively, accepts responsibility for the accuracy of the information contained in this announcement which relates to the Company. To the best of the Board's knowledge and belief, the information contained in this announcement is true and nothing has been omitted which is likely to affect the importance of such information.

For further information, please contact:

Investors Media
Theto Maake
Tel: (SA) +27 (0)83 489 5215
[email protected]
[email protected]
Cindy Maneveld
(SA) +27 (0)84 530 6866
[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 focused on the responsible production of copper, premium iron ore and crop nutrients – future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends.

Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers – safely, efficiently and responsibly. Our Sustainable Mining Plan commits us to a series of stretching goals over different time horizons to ensure we contribute to a healthy environment, create thriving communities and build trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for our shareholders, for the benefit of the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining to improve people’s lives.

Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio and thereby accelerate delivery of its strategic priorities of Operational excellence, Portfolio simplification, and Growth. This portfolio transformation will focus Anglo American on its world-class resource asset base in copper, premium iron ore and crop nutrients, once the sale of our steelmaking coal and nickel businesses, the demerger of our PGMs business (Anglo American Platinum), and the separation of our iconic diamond business (De Beers) have been completed.

www.angloamerican.com