ANGLO AMERICAN PLC - Anglo American agrees sustainability-linked loan with International Finance Corporation

Anglo American agrees sustainability-linked loan with International Finance Corporation

Anglo American plc (the “Company”)
Registered office: 17 Charterhouse Street, London EC1N 6RA
Registered number: 3564138 (incorporated in England and Wales)
Legal Entity Identifier: 549300S9XF92D1X8ME43
ISIN: GBOOB1XZS820
JSE Share Code: AGL
NSX Share Code: ANM

9 June 2022

News Release

Anglo American agrees sustainability-linked loan with International Finance Corporation

Anglo American has signed a $100 million 10-year loan agreement with the International Finance
Corporation (IFC) linked to the delivery of sustainability goals that are integral to Anglo American’s
Sustainable Mining Plan. This sustainability-linked loan is IFC’s first in the mining sector and is understood
to be the first in the mining sector globally that focuses exclusively on social development indicators.

The specific goals tied to the loan agreement are aimed at supporting community development in rural
communities close to Anglo American’s mining operations across South Africa, including by promoting
the creation of jobs as well as improving the quality of education for more than 73,000 students.

Stephen Pearce, Finance Director of Anglo American, said: “Our Sustainable Mining Plan has a set of
ambitious global goals relating to delivering a healthy environment, creating thriving communities, and
being recognised as a trusted corporate leader. We designed our goals to challenge us to lead and
innovate in how we can best deliver meaningful and enduring value to society, and particularly to those
nearest to where we operate. We are delighted to now link some of our education and job creation
targets to this loan as an additional demonstration of our commitment to deliver real and tangible
benefits for our host communities.”

Anglo American’s Sustainable Mining Plan includes targets to support schools in our host communities to
perform within the top 30 percent of state schools nationally and to create or support three offsite jobs
for every onsite job at our operations by 2025.

Jonathan Samuel, Anglo American’s Group Head of Responsible Business Partnerships, said: “To achieve
our education target, we will aim to strengthen the public education system by training educators,
practitioners, and school management teams, and upgrade basic school infrastructure and equipment
including providing Wi-Fi and computers at over 100 primary and secondary public schools in South Africa.
We are already supporting more than 73,000 students from early childhood development centres,
primary schools and secondary schools, with more children to benefit in Phase 2 of the programme. To
achieve our livelihood target we plan to provide mentorship, capacity building, skills development and
access to finance to small businesses in the mining value chain and in other sectors, with a focus on
women and young people. Since 2018, we have supported over 13,500 jobs and facilitated ZAR 430
million of loans to small businesses in South Africa through Anglo American’s Zimele Loan Fund.”

Anglo American has committed to contributing additional funds to agreed social causes if it falls short of
fully achieving its education and livelihood targets under the terms of this loan.

Anglo American and IFC have worked closely to ensure that a robust set of metrics and targets are
documented.

“Sustainability-linked financing is a powerful tool for mobilising capital and to incentivise companies that
seek to contribute to a more sustainable future. IFC’s partnership with Anglo American will support
quality education for early learners, strengthen human capital development, and boost small businesses
in South Africa,” said Kevin Njiraini, IFC’s Director for Southern Africa and Nigeria.

This loan is part of a broader Anglo American engagement with IFC on local social development, including
in Peru where Anglo American, IFC and other partners are supporting regional development initiatives.

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                                              Emma Waterworth
marcelo.esquivel@angloamerican.com                            Emma.waterworth@angloamerican.com
Tel: +44 (0)20 7968 8891                                      Tel: +44 (0) 20 7968 8574

Katie Ryall                                                   Michelle Jarman
katie.ryall@angloamerican.com                                 michelle.jarman@angloamerican.com
Tel: +44 (0)20 7968 8935                                      Tel: +44 (0)20 7968 1494

South Africa
Nevashnee Naicker
nevashnee.naicker@angloamerican.com
Tel: +27 (0)11 638 3189

Sibusiso Tshabalala
sibusiso.tshabalala@angloamerican.com
Tel: +27 (0)11 638 2175

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:
IFC—a member of the World Bank Group—is the largest global development institution focused on the
private sector in emerging markets. We work in more than 100 countries, using our capital, expertise,
and influence to create markets and opportunities in developing countries. In fiscal year 2021, IFC
committed a record $31.5 billion to private companies and financial institutions in developing countries,
leveraging the power of the private sector to end extreme poverty and boost shared prosperity as
economies grapple with the impacts of the COVID-19 pandemic. For more information, visit www.ifc.org.

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, with a broad
range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions
of consumers. With our people at the heart of our business, we use innovative practices and the latest
technologies to discover new resources and to mine, process, move and market our products to our
customers – safely and sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium
quality iron ore and metallurgical coal for steelmaking, and nickel – with crop nutrients in development
– we are committed to being carbon neutral across our operations by 2040. More broadly, our
Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy
environment, creating thriving communities and building trust as a corporate leader. We work together
with our business partners and diverse stakeholders to unlock enduring 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

Forward-looking statements:
This document includes forward-looking statements. All statements other than statements of historical facts included
in this document, 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
Reserve and Mineral Resource positions) 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 transport
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 document. 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 document 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 document is sourced from publicly available third party sources. As such it has
not been independently verified and presents the views of those third parties, but 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: 09-06-2022 09:00:00
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