ANGLO AMERICAN PLC - Anglo American updates on progress towards sustainable mining

Anglo American updates on progress towards sustainable mining

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

22 April 2024

Anglo American updates on progress towards sustainable mining

Anglo American is today presenting its regular sustainability performance update, including how its
integrated approach to sustainability is unlocking value and securing our ability to deliver responsible
long term growth in future-enabling metals and minerals.

Duncan Wanblad, Chief Executive of Anglo American, said: "Sustainability is a pre-requisite for value
creation in our industry. The delivery of our three strategic priorities – operational excellence, portfolio
improvement, and growth – is underpinned by a set of differentiated capabilities built over many decades
in both developing and developed markets. Our sustainability and technology capabilities, and our
approach to customer-centric marketing of our metal and mineral products, position us strongly as a
partner of choice and thereby to create enduring value for all our stakeholders. Together, these are
central to what we see as a competitive advantage in how we develop projects such as Quellaveco,
Woodsmith and Sakatti, designed as the next generation of our FutureSmart Mines, with enhanced
sustainability outcomes."

Helena Nonka, Strategy & Sustainability Director, said: "Sustainability is embedded into our strategy and
value creation model, from portfolio choices to our everyday operational decisions. It is a core
competency that we embed in the way we design, develop and operate our assets and market our
products. One such example of our integrated approach is our work on nature, for which there are
numerous compelling business cases, such as significant reductions in closure and rehabilitation costs,
but also helping build greater trust in mining as societal expectations of our industry continue to increase
in parallel with the need for essential metals and minerals. For Anglo American, the health of our business
is dependent on a healthy environment and we recognise the value of being able to share how our
business measures and manages its key interfaces with nature so that our stakeholders can be confident
in our approach to achieving a net positive impact on biodiversity."

Our integrated approach to nature

Nature rightly continues to gain momentum on the global agenda, with increased recognition of the
threats to nature, its societal importance and the value of nature-based solutions to tackle climate change
impacts.

Aligned to our Biodiversity stretch goal to deliver a net positive impact (NPI) on biodiversity across Anglo
American by 2030, as set out in our Sustainable Mining Plan, Ango American has set out a clear pathway
to achieving net biodiversity gains in the areas we operate, which started with the roll out and
implementation of our Biodiversity Standard at the end of 2018. This standard defines how we measure,
assess and manage biodiversity across our value chain and mining lifecycle – through to closure and
regeneration.

We have completed detailed baseline assessments across all managed operations, defining and assessing
significant biodiversity features including key habitats, key species and important ecosystems to protect
and further restore. In addition, we have developed a biodiversity management programme for each of
our sites. The plans are also used to feed into regional and national biodiversity programmes, adding
value beyond our own site work.

We are exploring partnerships, innovative biomonitoring programmes and pioneering measurement
metrics to support NPI. This includes our industry leading eDNA programme, which samples water, soil,
air and down to a microbial level to help us assess and monitor the environment. As an active member
of the Taskforce on Nature-based Financial Disclosures (TNFD), we have been an early adopter of the
recommendations set out by this framework.

Sustainability Performance Presentation

Today's Sustainability Performance presentation will be available on the Anglo American website
https://www.angloamerican.com/investors/investor-presentations at 12.30pm UK time, with the
presentation itself starting at 1.30pm UK time. A full recording will be available following the presentation
at: www.angloamerican.com/investors/investor-presentations.

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)

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                                                               Tyler Broda
  marcelo.esquivel@angloamerican.com                                             tyler.broda@angloamerican.com
  Tel: +44 (0)20 7968 8891                                                       Tel: +44 (0)20 7968 1470

  Rebecca Meeson–Frizelle                                                        Emma Waterworth
  rebecca.meeson-frizelle@angloamerican.com                                      emma.waterworth@angloamerican.com
  Tel: + 44 (0)20 7968 1374                                                      Tel: +44 (0) 20 7968 8574

  South Africa                                                                   Juliet Newth
  Nevashnee Naicker                                                              juliet.newth@angloamerican.com
  nevashnee.naicker@angloamerican.com                                            Tel: +44 (0)20 7968 8830
  Tel: +27 (0)11 638 3189
                                                                                 Michelle Jarman
  Sibusiso Tshabalala                                                            michelle.jarman@angloamerican.com
  sibusiso.tshabalala@angloamerican.com                                          Tel: +44 (0)20 7968 1494
  Tel: +27 (0)11 638 2175

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, 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 copper, nickel, platinum group metals, diamonds (through De Beers),
premium quality iron ore and steelmaking coal – 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

In this document, references to "Anglo American", the "Anglo American Group", the "Group", "we", "us", and "our"
are to refer to either Anglo American plc and its subsidiaries and/or those who work for them generally, or where it
is not necessary to refer to a particular entity, entities or persons. The use of those generic terms herein is for
convenience only, and is in no way indicative of how the Anglo American Group or any entity within it is structured,
managed or controlled. Anglo American subsidiaries, and their management, are responsible for their own day-to-
day operations, including but not limited to securing and maintaining all relevant licences and permits, operational
adaptation and implementation of Group policies, management, training and any applicable local grievance
mechanisms. Anglo American produces group-wide policies and procedures to ensure best uniform practices and
standardisation across the Anglo American Group but is not responsible for the day to day implementation of such
policies. Such policies and procedures constitute prescribed minimum standards only. Group operating subsidiaries
are responsible for adapting those policies and procedures to reflect local conditions where appropriate, and for
implementation, oversight and monitoring within their specific businesses.

Disclaimer
This document is for information purposes only and does not constitute, nor is to be construed as, an offer to sell or
the recommendation, solicitation, inducement or offer to buy, subscribe for or sell shares in Anglo American or any
other securities by Anglo American or any other party. Further, it should not be treated as giving investment, legal,
accounting, regulatory, taxation or other advice and has no regard to the specific investment or other objectives,
financial situation or particular needs of any recipient.

Forward-looking statements and third party information
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,
prospects and projects (including development plans and objectives relating to Anglo American's products,
production forecasts and Ore Reserve and Mineral Resource positions) and sustainability performance related
(including environmental, social and governance) goals, ambitions, targets, visions, milestones 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, unanticipated downturns in business relationships with customers or their
purchases from Anglo American, mineral resource exploration and project development capabilities and delivery,
recovery rates and other operational capabilities, safety, health or environmental incidents, the effects of global
pandemics and outbreaks of infectious diseases, the impact of attacks from third parties on our information systems,
natural catastrophes or adverse geological conditions, climate change and extreme weather events, the outcome of
litigation or regulatory proceedings, the availability of mining and processing equipment, the ability to obtain key
inputs in a timely manner, the ability to produce and transport products profitably, the availability of necessary
infrastructure (including transportation) services, the development, efficacy and adoption of new or competing
technology, challenges in realising resource estimates or discovering new economic mineralisation, the impact of
foreign currency exchange rates on market prices and operating costs, the availability of sufficient credit, liquidity
and counterparty risks, the effects of inflation, terrorism, war, conflict, political or civil unrest, uncertainty, tensions
and disputes and economic and financial conditions around the world, evolving societal and stakeholder
requirements and expectations, shortages of skilled employees, unexpected difficulties relating to acquisitions or
divestitures, competitive pressures and 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
included in this document is sourced from third party sources (including, but not limited to, externally conducted
studies and trials). 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.

©Anglo American Services (UK) Ltd 2024.          

Legal Entity Identifier: 549300S9XF92D1X8ME43


Date: 22-04-2024 01:00:00
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