ANGLO AMERICAN PLC - Anglo American leadership changes Bruce Cleaver appointed CEO of De Beers

Anglo American leadership changes – Bruce Cleaver appointed CEO of De Beers

Anglo American plc
(Incorporated in England and Wales)
(Registration number: 3564138)
Registered office: 20 Carlton House Terrace, London, SW1Y 5AN
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

Anglo American leadership changes – Bruce Cleaver appointed CEO of De Beers

Anglo American plc ("Anglo American") announces the appointment of Bruce Cleaver as CEO
of the De Beers Group ("De Beers") following Philippe Mellier’s decision to step down after five
years. Duncan Wanblad, CEO of Anglo American’s Base Metals business, will add the Strategy
& Business Development portfolio of Anglo American to his responsibilities. Both appointments
will take effect on 1 July 2016.

Mark Cutifani, Chief Executive of Anglo American and Chairman of De Beers, said: "Together
with our partners in De Beers, we congratulate Bruce Cleaver on his appointment as CEO of
De Beers following Philippe Mellier's decision to step down. Bruce's leadership of De Beers'
strategy and its commercial and government relationships working alongside Philippe and over
much of the last decade, combined with his time working with us to shape the new Anglo
American strategy, provide strong continuity at an important stage in the diamond market's
recovery. The structural dynamics of the diamond market continue to improve, led by the
strength of consumer demand for diamond jewellery. With the proven management team in
place, De Beers is well positioned to maximise value for all its stakeholders across the diamond
value chain.

"Duncan Wanblad is the natural successor to our Strategy & Business Development work, in
addition to his existing Base Metals responsibilities which include Copper as one of our major
areas of focus. His experience leading two of our three core businesses and his critical role in
streamlining the Group’s other mining and industrial interests position him well to shape our
longer term opportunities. This is a further step in our consolidation of the senior team,
following the creation of the Bulk Commodities group under Seamus French.”

Bruce Cleaver commented: “I am honoured to be asked to lead one of the world’s great
companies. Diamonds are as relevant to today’s consumers, all over the world, as they were to
their parents and their parents before them. Diamonds have also made positive contributions to
a host of countries that have used their revenues wisely, to communities and to all who have
been touched by their mystique and the practical benefits of responsible mining and ethical
sourcing. As the world continues to evolve ever more rapidly, it is our task to ensure that we
remain as relevant as we are today and to grow our position in the luxury world.

“I look forward to working closely with all of our key customers, governments and other
stakeholders to ensure that De Beers continues to lead the industry into a new and exciting
phase. My sincere thanks to Philippe – his innovative thinking, constant questioning of the
status quo and desire to advance the agenda has benefited all of us, and I have thoroughly
enjoyed working with him.”

Mark Cutifani added: “Philippe has led De Beers with great agility, transforming the Company’s
strategic and operational mindset with a strong customer focus to ensure that consumer desire
for diamond jewellery is at the very heart of decision making across the diamond pipeline. He
has navigated through structural change and considerable market volatility over the last five
years, while cementing De Beers’ unquestioned leadership position. We wish him all the very
best in his future endeavours."

Philippe Mellier said: "I have been privileged to lead such an iconic company as De Beers with
its rich history, great people and culture, and truly unique product offering. As I committed at
the outset in 2011, I envisaged a five year plan with the team and the Board to reset De Beers
on its current path. Having steered through some of the diamond industry’s toughest times and
with the market showing signs of recovery, now is the right time for me to pass the baton to the
next generation. I have worked closely with Bruce Cleaver throughout and I have no doubt
about his abilities and experience to lead De Beers on the next stage of its journey as the
world’s leading diamond company.”

Bruce Cleaver served as De Beers’ executive director responsible for strategy and commercial
relationships until 2015, also serving as Co-Acting CEO for a year prior to Philippe Mellier’s
appointment in 2011. He was appointed Group Director of Strategy and Business Development
for Anglo American in 2015.

For further information, please contact:

Media                                                     Investors
UK                                                        UK
James Wyatt-Tilby                                         Paul Galloway
james.wyatt-tilby@angloamerican.com                       paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759                                  Tel: +44 (0)20 7968 8718

Marcelo Esquivel                                          Ed Kite
marcelo.esquivel@angloamerican.com                        edward.kite@angloamerican.com
Tel: +44 (0)20 7968 8891                                  Tel: +44 (0)20 7968 2178

South Africa                                              Sheena Jethwa
Pranill Ramchander                                        sheena.jethwa@angloamerican.com
pranill.ramchander@angloamerican.com                      Tel: +44 (0)20 7968 8680
Tel: +27 (0)11 638 2592

Ann Farndell
ann.farndell@angloamerican.com
Tel: +27 (0)11 638 2786

Notes to editors:

Bruce Cleaver, age 51, is Group Director of Strategy and Business Development for Anglo
American. He joined De Beers as General Counsel in 2005, becoming Commercial Director in
2007. In 2010 he was appointed Co-Acting CEO of De Beers, becoming Executive Head
responsible for Strategy, Business Development, Corporate Affairs and Technologies in 2011.
Prior to joining De Beers, Bruce was a Partner in the Commercial practice of Webber Wentzel
in South Africa following an early career in investment banking.

Anglo American is a globally diversified mining business. Our portfolio of world-class
competitive mining operations and undeveloped resources provides the raw materials to meet
the growing consumer-driven demands of the world’s developed and maturing economies. Our
people are at the heart of our business. It is our people who use the latest technologies to find
new resources, plan and build our mines and who mine, process and move and market our
products – from diamonds (through De Beers) to platinum and other precious metals and
copper – to our customers around the world.

As a responsible miner, we are the custodians of those precious resources. We work together
with our key partners and stakeholders to unlock the long-term value that those resources
represent for our shareholders, but also for the communities and countries in which we operate
– creating sustainable value and making a real difference.

www.angloamerican.com

27 May 2016

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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