GLENCORE PLC - GLN - CEO Succession and Board Changes

GLN - CEO Succession and Board Changes

GLENCORE PLC
(Incorporated in Jersey under the Companies (Jersey) Law 1991)
(Registration number 107710)
JSE Share Code: GLN
LSE Share Code: GLEN
HKSE Share Code: 805HK
ISIN: JE00B4T3BW64
LEI: 2138002658CPO9NBH955

Baar, Switzerland
23 March 2021

                             CEO Succession and Board Changes

Glencore plc today announces:
1. CEO succession
     Further to the announcement of 4 December 2020 regarding the CEO succession process, Ivan
     Glasenberg will retire on 30 June 2021. He will seek re-election to the Board at this year’s Annual
     General Meeting on 29 April 2021 (AGM), for a term expiring on 30 June 2021.
     The Board will appoint Gary Nagle as CEO and Director with effect from 1 July 2021.

2. Retirement of John Mack
     John Mack will not seek re-election at the AGM and will retire from the Board on that date.
     Commenting on Mr Mack’s retirement, Dr Hayward, Chairman, stated:
     “I would like to thank John for his considerable contribution to the Board over almost eight years as a
     Director.”

This announcement is made in fulfilment of the Company's obligations under UK LRs 9.6.11 and 9.6.12.

For further information please contact:

Investors
Martin Fewings          t: +41 41 709 28 80    m: +41 79 737 56 42 martin.fewings@glencore.com

Media
Charles Watenphul       t: +41 41 709 24 62    m: +41 79 904 33 20 charles.watenphul@glencore.com

Company Secretarial
John Burton             t: +41 41 709 26 19    m: +41 79 944 54 34 john.burton@glencore.com
Nicola Leigh            t: +41 41 709 27 55    m: +41 79 735 39 16 nicola.leigh@glencore.com
Lionel Mateo            t: +41 41 709 28 47    m: +41 79 152 09 05 lionel.mateo@glencore.com

www.glencore.com

Notes for Editors
Glencore is one of the world’s largest global diversified natural resource companies and a major producer
and marketer of more than 60 responsibly-sourced commodities that advance everyday life. The Group's
operations comprise around 150 mining and metallurgical sites and oil production assets.
With a strong footprint in over 35 countries in both established and emerging regions for natural resources,
Glencore's industrial activities are supported by a global network of more than 30 marketing offices.
Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation,
battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers
and consumers of commodities. Glencore's companies employ around 145,000 people, including
contractors.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the
International Council on Mining and Metals. We are an active participant in the Extractive Industries
Transparency Initiative. Our ambition is to be a net zero total emissions company by 2050.

Follow us on social media:
        www.facebook.com/Glencore
        www.flickr.com/photos/glencore
        www.instagram.com/glencoreplc
        www.linkedin.com/company/8518
        www.slideshare.net/glencore
        www.twitter.com/glencore
        www.youtube.com/glencorevideos

Disclaimer

The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal
entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where
references are made to Glencore plc and its subsidiaries in general. These collective expressions are used
for ease of reference only and do not imply any other relationship between the companies. Likewise, the
words “we”, “us” and “our” are also used to refer collectively to members of the Group or to those who work
for them. These expressions are also used where no useful purpose is served by identifying the particular
company or companies.

Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking Division)

Date: 23-03-2021 08:00:00
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