ANGLO AMERICAN PLC - Anglo American restructures management team in South Africa

Anglo American restructures management team in South Africa

NEWS RELEASE

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 restructures management team in South Africa

Anglo American plc (“Anglo American”) announces the appointment of Themba Mkhwanazi as
CEO of Kumba Iron Ore limited (“Kumba”) following Norman Mbazima’s decision to step down
after four years to focus on his role as Deputy Chairman of Anglo American South Africa.
Norman Mbazima will remain a member of the Group Management Committee and will have
oversight of the processes to restructure and divest Anglo American’s non-core assets in South
Africa, including its interests in the Kumba and thermal coal businesses.

July Ndlovu, Executive Head of Processing Operations at Anglo American Platinum since 2007
is appointed CEO of Anglo American’s Coal business in South Africa, to replace Themba
Mkhwanazi. The Kumba Board’s appointment of Themba Mkhwanazi as CEO and Anglo
American’s appointment of July Ndlovu as CEO of Coal South Africa will take effect on 1
September 2016. Both roles will report internally to Seamus French, CEO of Anglo American’s
Bulk Commodity business.

Mark Cutifani, Chief Executive of Anglo American, said: “We congratulate Themba Mkhwanazi
and July Ndlovu on their new roles as CEO of Kumba and our South African coal business
respectively. I thank Norman Mbazima for his tireless work to reshape Kumba’s cost structures
over the last four years to create what is a much more resilient business to weather the lower
iron ore price environment. Norman will now concentrate on how we deliver value through the
restructuring and divestment of our non-core businesses in South Africa as we continue to
explore all appropriate options, as we have been doing across our global portfolio of non-core
assets.”

Norman Mbazima said: “I have been privileged to lead Kumba through what has been a tough
period for iron ore and for South African mining. Together with the Kumba team, we have
transformed the business to put it on a firmer footing, making the difficult but necessary
decisions to ensure the business’ profitability and long term health. I wish Themba Mkhwanazi
well as he takes up the role as CEO and look forward to continuing to work closely with him and
with July Ndlovu as I consider the optimal divestment path for Anglo American’s non-core
interests in South Africa.”

Themba Mkhwanazi commented: “I am excited by the prospect of leading one of South Africa’s
great success stories. Kumba has a rich mineral endowment and a skilled and dedicated
workforce enabling us to produce high quality lump and fine iron ore products to our steel
customers around the world. My energies will be focused on maintaining Kumba’s strong track
records in safe production, mutually beneficial relationships and further increasing productivity
to ensure the sustainability of the business for the benefit of all our stakeholders.”

On his appointment as CEO of Anglo American’s South African Coal business, July Ndlovu
added: “I am delighted to lead Anglo American’s South African coal business. I have always
admired the business’ resolute commitment to the safety and wellbeing of its employees and
sustaining this will be my priority. My immediate focus will be on operational performance that

Anglo American plc
20 Carlton House Terrace London SW1Y 5AN United Kingdom
Tel: +44 (0)20 7968 8888 Fax: +44 (0)20 7968 8500
Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number 3564138
meets our customers’ needs, supporting the value of our domestic and export mines and
working together with colleagues and our key stakeholders to advance the divestments.”

Seamus French, CEO of Anglo American’s Bulk Commodity business, concluded: “Both
Themba Mkhwanazi and July Ndlovu have proven abilities in leading safe and productive
complex operations at a time when cost competitiveness is critical to the sustainability of any
mining business. Our priority for both businesses is to lead them safely through their
divestment from Anglo American. We expect the price environment for both thermal coal and
iron ore to remain under pressure and our operational focus is firmly on building upon the
excellent work of the teams to date to further improve performance and value.”



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

26 July 2016

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

Notes to editors:

Themba Mkhwanazi, age 46, was appointed CEO of Anglo American’s thermal coal business
in South Africa in May 2014. He has extensive experience in the resources industry, including
18 years in his native South Africa, as well as in the USA and Australia. Themba was a
Managing Director for Huntsman Tioxide in South Africa until 2007 when he was appointed
COO of Richards Bay Minerals, a joint venture between Rio Tinto and BHP Billiton. In 2011,
Themba was seconded to Rio Tinto’s Australian coal business, before taking up the role of
Regional General Manager for the Americas in 2012. Themba holds a Bachelor of Engineering
(Hons) in Chemical Engineering.

July Ndlovu, age 51, was appointed Executive Head of Processing at Anglo American
Platinum in 2007. July was previously employed by Anglo American subsidiaries in Zimbabwe,
where he held senior managerial positions in metallurgical operations and technical services. In
2001, he transferred to Anglo American Platinum, where he was first appointed business
manager of the Polokwane Smelter, then head of process technology. July graduated in
Engineering and Business Leadership from the Universities of Zimbabwe and South Africa
respectively, and completed the Senior Executive Programme with Columbia Business School.

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

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