ANGLO AMERICAN PLC - Anglo American reinforces sustainability integration and progress

Anglo American reinforces sustainability integration and progress

Anglo American plc (the “Company”)
Registered of f ice: 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

26 April 2021

Anglo American reinforces sustainability integration and progress

Anglo American plc (“Anglo American”) is today presenting its biannual sustainability
performance update.

Mark Cutifani, Chief Executive of Anglo American, said: “A sustainable business is one that has
an enduring purpose in society and that considers in all its decision-making the many different
forms of value that it can deliver for all stakeholders, including the natural environment.

“Anglo American’s Purpose of re-imagining mining to improve people’s lives guides our delivery
of sustainable value to our shareholders, our employees, and our broader business and societal
stakeholders. Improving people’s lives is what we believe sustainable businesses must deliver –
both through the direct value we create in terms of employment and economic and social
contribution, but also to the world at large through the metals and minerals we provide, many of
which are fundamental to decarbonisation and meeting global consumer demand for everyday
through to specialty and luxury products.

“With our portfolio deliberately tilted towards those future-enabling products, we know it is our
duty to supply metals and minerals as responsibly as current technologies allow, while continuing
to stretch ourselves and our business partners to further improve our performance.

“In early 2018 we set out a series of stretching goals spanning the full breadth of E, S and G, in
the shape of our Sustainable Mining Plan, underpinned by six critical foundations. We are making
good progress towards delivery on those goals but we also recognise that the world moves on,
as do society’s expectations of us. We have added to the original goals, including our
commitment to reach net zero across our operational footprint by 2040, with roughly a third of
our operations to get there a decade earlier, in 2030.

“Likewise, we have also raised the bar again in terms of our approach to social performance, with
the implementation in 2020 of our Social Way 3.0, a rigorous management system to drive
consistently better outcomes f or host communities . Just as financial performance presents an
opportunity f or differentiation, we see sustainability no differently – it is integral to how we all work
and plan and is central to our overall business performance. Our Sustainable Mining Plan
commitments must be relevant and stretching, so we will continue to evolve them across the
business.

“Much of what we are driving f or, particularly in terms of our energy and water ambitions, will be
achieved through the technologies we are deploying as part of our FutureSmart Mining™
programme. These technologies are transforming the very nature of mining – how we source,
mine, process, move and market our products – and how our stakeholders experience our
business. This is about transforming our physical and social footprints.

“Tackling climate change could not be more urgent. For the emissions that we control in our
business, we have come a long way, delivering our 2020 target to reduce GHG emissions by
22% a year early. Our securing of 100% renewable electricity supply across our operations in
Brazil, Chile and Peru marks another major step, cutting CO 2 emissions from those operations
by approximately 70%. And our development of a hydrogen powered mine haul truck has the
potential to remove another major emission source from our business.

“At the same time, we continue working on reducing our Scope 3 emissions. Our planned
demerger of our thermal coal assets in South Africa is part of the journey. However, we have a
long way to go, including how we more effectively impact the value chains that we are a part of,
and how best to work along value chains to mitigate the risks and maximise the benefits
associated with the transition to a low carbon future. Data is always central to our analysis and
we are doing the work now so that we can set out our clear ambition in October at our next
update.”

Anglo American’s Sustainable Mining Plan is set out at:

www.angloamerican.com/sustainability/our-sustainable-mining-plan

Today’s Sustainability Performance presentation is available on the Anglo American website
www.angloamerican.com starting at 1.30pm UK time and a full recording will be also available
following the presentation, at: www.angloamerican.com/investors/investor-presentations


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
 Nevashnee Naicker
 nevashnee.naicker@angloamerican.com

 Sibusiso Tshabalala
 sibusiso.tshabalala@angloamerican.com

 Nomonde Ndwalaza
 Nomonde.ndwalaza@angloamerican.com


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)

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 f or 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 f rom precious natural resources f or the benefit
of the communities and countries in which we operate, f or society as a whole, and f or our
shareholders. Anglo American is re-imagining mining to improve people’s lives.

www.angloamerican.com

Forward-looking statements:
This announcement includes forward-looking statements. All statements other than statements of historical
facts included in this announcement, including, without limitation, those regarding Anglo American's
financial position, business, acquisition and divestment strategy, dividend policy, plans and objectives of
management for future operations (including development plans and objectives relating to Anglo American's
products, production forecasts and Ore Reserves and Mineral Resource estimates) and environmental,
social and corporate governance goals and aspirations, are forward -looking statements. By their nature,
such forward-looking statements involve known and unknown risks, uncertainties and other factors which
may cause the actual results, performance or achievements of Anglo American, or industry results, to be
materially different from any future results, performance or achievements expressed or implied by such
forward-looking statements.

Such forward-looking statements are based on numerous assumptions regarding Anglo American's present
and future business strategies and the environment in which Anglo American will operate in the future.
Important factors that could cause Anglo American's actual results, performance or achievements to differ
materially from those in the forward-looking statements include, among others, levels of actual production
during any period, levels of global demand and commodity market prices, mineral resource exploration and
development capabilities, recovery rates and other operational capabilities, safety, health or environmental
incidents, the effects of global pandemics and outbreaks of infectious diseases, the outcome of litigation or
regulatory proceedings, the availability of mining and processing equipment, the ability to produce and
transport products profitably, the availability of transportation infrastructure, the impact of foreign currency
exchange rates on market prices and operating costs, the availability of sufficient credit, the effects of
inflation, political uncertainty and economic conditions in relevant areas of the world, the actions of
competitors, activities by courts, regulators and governmental authorities such as in relation to permitting or
forcing closure of mines and ceasing of operations or maintenance of Anglo American's assets and changes
in taxation or safety, health, environmental or other types of regulation in the countries where Anglo
American operates, conflicts over land and resource ownership rights and such other risk factors identified
in Anglo American's most recent Annual Report. Forward -looking statements should, therefore, be
construed in light of such risk factors and undue reliance should not be placed on forward -looking
statements.

These forward-looking statements speak only as of the date of this announcement. Anglo American
expressly disclaims any obligation or undertaking (except as required by applicable law, the City Code on
Takeovers and Mergers, the UK Listing Rules, the Disclosure and Transparency Rules of the Financial
Conduct Authority, the Listings Requirements of the securities exchange of the JSE Limited in South Africa,
the SIX Swiss Exchange, the Botswana Stock Exchange and the Namibian Stock Exchange and any other
applicable regulations) to release publicly any updates or revisions to any forward -looking statement
contained herein to reflect any change in Anglo American's expectations with regard thereto or any change
in events, conditions or circumstances on which any such statement is based. Nothing in this announcement
should be interpreted to mean that future earnings per share of Anglo American will necessarily match or
exceed its historical published earnings per share.

Certain statistical and other information about Anglo American included in this announcement is sourced
from publicly available third-party sources. As such, it has not been independently verified and presents the
views of those third parties, though these may not necessarily correspond to the views held by Anglo
American and Anglo American expressly disclaims any responsibility for, or liability in respect of, such
information.

Legal Entity Identifier: 549300S9XF92D1X8ME43

Date: 26-04-2021 01:00:00
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