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ANGLO AMERICAN PLATINUM LIMITED - Statement regarding possible offer for Anglo American by BHP

Release Date: 25/04/2024 08:50
Code(s): AMS     PDF:  
Wrap Text
Statement regarding possible offer for Anglo American by BHP

Anglo American Platinum Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
("the Company" or "Anglo American Platinum")

25 April 2024

Statement regarding possible offer for Anglo American by BHP

The Board of Anglo American Platinum notes the announcement made on 24 April 2024 by Anglo American plc ("Anglo
American") regarding the receipt by Anglo American of a non-binding proposal from BHP Group Limited ("BHP"). A copy of the
announcement by Anglo American can be accessed on the Anglo American website at:

The Board notes the proposal by BHP comprises an all-share offer for Anglo American, that would be preceded by separate
demergers by Anglo American of its entire shareholdings in Kumba Iron Ore Limited and Anglo American Platinum to Anglo
American shareholders. The two parts of the proposal would be inter-conditional.

We note that the Board of Anglo American is currently reviewing the proposal with its advisors. Further announcements may
be made as and when appropriate.

We note that there can be no certainty that any offer will be made by BHP for Anglo American nor as to the terms on which
any such offer might be made, including the condition to demerge Anglo American Platinum.


Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities

For further information, please contact:
Investors:                                                           Media:
Theto Maake                                                           Keitumetse Masike
(SA) +27 (0) 83 489 5215                                     (SA) +27 (0) 66 484 0227                                keitumetse.masike

Marcela Grochowina
(SA) +27 (0) 82 400 3222

Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of platinum
group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting, and refining
operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine in Zimbabwe. Anglo
American Platinum is committed to the highest standards of safety and continues to make a meaningful and sustainable
difference in the development of the communities around its operations.

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), and 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.

Date: 25-04-2024 08:50:00
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