KUMBA IRON ORE LIMITED - Kumba chairman to retire

Kumba chairman to retire

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
("Kumba" or "the Company")

KUMBA CHAIRMAN TO RETIRE

In compliance with paragraph 3.59 of the Listings Requirements of the JSE Limited, shareholders are advised
that Dr Mandla Gantsho intends to retire as Chairman of the board to devote more time to his personal business
interests. Dr Gantsho will step down from the Board, including from the Board Committees on which he serves,
with effect from the end of the Company’s Annual General Meeting to be held on 14 May 2021.

The Nominations and Governance Committee is in the process of identifying a suitable successor. Shareholders
will be advised once such an appointment has been made.

Dr Gantsho, Chairman of Kumba, said: "Chairing the Kumba Board since 2017 has been an enormous privilege
during what has been a period of considerable volatility and change for the business. I am pleased to have
played a part in contributing to a great South African business that will continue to make a significant
contribution to our economy and to the communities in which we operate. I am grateful to the Board and
shareholders of Kumba for their support."

Themba Mkhwanazi, CEO of Kumba added: "On behalf of the management team, we wish Dr Gantsho well and
thank him for his astute leadership of the Board. Personally, I’d like to thank him for his counsel to me as CEO
and for the insights he has brought to our thinking and Board discussions."

Mark Cutifani, Chief Executive of Anglo American, added an additional note of thanks, by saying: "Mandla’s
experience across the private and public sectors, in mining, development and infrastructure, brings richness to
any business debate and we thank him for his support as chair of Kumba."

Dr Gantsho also chairs the Nominations and Governance Committee and is a member of the Human Resources
and Remuneration Committee and the Strategy and Investment Committee.

Centurion
10 March 2021


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


For further information, please contact:

Company Secretary
Ms Fazila Patel
fazila.patel@angloamerican.com
Tel: +27 683 7063
Mobile: +27 83 297 2293
Investors                                               Media
Penny Himlok                                            Sinah Phochana
penny.himlok@angloamerican.com                          sinah.phochana@angloamerican.com
Tel: +27 12 622 8324                                    Tel: +27 12 683 7019
Mobile: +27 82 781 1888                                 Mobile: +27 76 066 0655



Notes to editors:

Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high
quality iron ore to the global steel industry. Kumba produces iron ore in South Africa at Sishen and Kolomela
mines in the Northern Cape Province. Kumba exports iron ore to customers in a range of geographical locations
around the globe including China, Japan, Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.com

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

Date: 10-03-2021 12:00:00
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