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ANGLO AMERICAN PLC - Anglo American rough diamond sales value for De Beers second sales cycle of 2021

Release Date: 10/03/2021 09:00
Code(s): AGL     PDF:  
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Anglo American rough diamond sales value for De Beers’ second sales cycle of 2021

Anglo American plc (the “Company”)
Registered office: 20 Carlton House Terrace, London SW1Y 5AN
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

News Release

10 March 2021

Anglo American rough diamond sales value for De Beers’ second sales cycle of 2021

Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and
Auctions) for De Beers’ second sales cycle of 2021, amounting to $550 million.

                                              Cycle 2 2021(1)                         Cycle 1 2021(2)                          Cycle 2 2020
                                                (provisional)                                (actual)                               (actual)
 Sales value(3)                                        $550m                                   $663m                                  $362m

(1)   Cycle 2 2021 provisional sales value represents sales as at 8 March 2021
(2)   Cycle 1 2021 actual sales value represents sales between the dates of 18 January and 2 February.
(3)   Sales values are quoted on a consolidated accounting basis. Auction sales included in a given cycle are the sum of all sales between the end of the
      preceding cycle and the end of the noted cycle.

Owing to the restrictions on the movement of people and products in various jurisdictions around
the globe, De Beers Group has continued to implement a more flexible approach to rough
diamond sales during the second sales cycle of 2021, with the Sight event extended beyond its
normal week-long duration. As a result, the provisional rough diamond sales figure quoted for
Cycle 2 represents the expected sales value for the period 22 February to 08 March and remains
subject to adjustment based on final completed sales.

Bruce Cleaver, CEO, De Beers Group, said: “We saw the continuation of good rough diamond
demand during our second sales cycle of 2021 on the back of positive consumer demand for
diamond jewellery. Midstream buyers continued to express healthy demand following better than
expected retail sales of diamond jewellery over Christmas, Chinese New Year and Valentine’s
Day, with the industry now set to enter what is traditionally a period of lower seasonal demand.
While the year has started positively, we recognise ongoing near-term uncertainty in the pace
and shape of the recovery.”

For further information, please contact:

Media                                                                                    Investors
UK                                                                                       UK
James Wyatt-Tilby                                                                        Paul Galloway
james.wyatt-tilby@angloamerican.com                                                      paul.galloway@angloamerican.com

Marcelo Esquivel                                                                         Robert Greenberg
marcelo.esquivel@angloamerican.com                                                       robert.greenberg@angloamerican.com

Katie Ryall                                                                              Emma Waterworth
katie.ryall@angloamerican.com                                                            emma.waterworth@angloamerican.com

South Africa
Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com

Nomonde Ndwalaza
Nomonde.ndwalaza@angloamerican.com

Notes to editors:
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, development projects and undeveloped resources, provides many of the metals and
minerals that enable a cleaner, greener, more sustainable world and that meet the fast growing
consumer-driven demands of developed and maturing economies. With our people at the heart
of our business, we use innovative practices and the latest technologies to mine, process, move
and market our products to our customers – and to discover new resources – safely and
sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, the
steelmaking ingredients of iron ore and metallurgical coal, and nickel – with crop nutrients in
development and thermal coal operations planned for divestment – we are committed to being
carbon neutral across our operations by 2040. We work together with our business partners and
diverse stakeholders to unlock sustainable value from precious natural resources for the benefit
of the communities and countries in which we operate, for society as a whole, and for our
shareholders. Anglo American is re-imagining mining to improve people’s lives.
www.angloamerican.com

Legal Entity Identifier: 549300S9XF92D1X8ME43

The Company has a primary listing on the Main Market of the London Stock Exchange and
secondary listings on the Johannesburg Stock Exchange, the Botswana Stock Exchange, the
Namibia Stock Exchange and the SIX Swiss Exchange.

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

Date: 10-03-2021 09:00:00
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