AngloAmerican ESG Presentation Deck

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#1Ⓒ AngloAmerican Sustainability Performance 31 October 2022 Anglo American Zero emissions ****** Platinum powered ydrogen. 74#2Cautionary statement. Disclaimer: This presentation has been prepared by Anglo American plc ("Anglo American") and comprises the written materials/slides for a presentation concerning Anglo American. By attending this presentation and/or reviewing the slides you agree to be bound by the following conditions. The release, presentation, publication or distribution of this document, in whole or in part, in certain jurisdictions may be restricted by law or regulation and persons into whose possession this document comes should inform themselves about, and observe, any such restrictions. This presentation 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. No representation or warranty, either express or implied, is provided, nor is any duty of care, responsibility or liability assumed, in each case in relation to the accuracy, completeness or reliability of the information contained herein. None of Anglo American or each of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this material or otherwise arising in connection with this material. Forward-looking statements and third party information This presentation includes forward-looking statements. All statements other than statements of historical facts included in this presentation, 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, 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 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, political uncertainty, tensions and disputes, and economic conditions in relevant areas of the world, evolving societal and stakeholder requirements and expectations, shortages of skilled employees, 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 presentation. 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 presentation 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 presentation 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. Group terminology In this presentation, 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. No Investment Advice This presentation has been prepared without reference to your particular investment objectives, financial situation, taxation position and particular needs. It is important that you view this presentation in its entirety. If you are in any doubt in relation to these matters, you should consult your stockbroker, bank manager, solicitor, accountant, taxation adviser or other independent financial adviser (where applicable, as authorised under the Financial Services and Markets Act 2000 in the UK, or in South Africa, under the Financial Advisory and Intermediary Services Act 37 of 2002 or under any other applicable legislation). Alternative Performance Measures Throughout this presentation a range of financial and non-financial measures are used to assess our performance, including a number of financial measures that are not defined or specified under IFRS (International Financial Reporting Standards), which are termed 'Alternative Performance Measures' (APMS). Management uses these measures to monitor the Group's financial performance alongside IFRS measures to improve the comparability of information between reporting periods and business units. These APMs should be considered in addition to, and not as a substitute for, or as superior to, measures of financial performance, financial position or cash flows reported in accordance with IFRS. APMs are not uniformly defined by all companies, including those in the Group's industry. Accordingly, it may not be comparable with similarly titled measures and disclosures by other companies. ©Anglo American Services (UK) Ltd 2022.AngloAmerican TM ⒸTM and FutureSmart MiningTM are trade marks of Anglo American Services (UK) Ltd. nuGENTM is a trade mark of Anglo American Technical & Sustainability Services Ltd. Some of the images used are under licence from Getty Images. 2#3Agenda Introduction & Safety Share Anik Michaud - Group Director Corporate Relations & Sustainable Impact Climate Change Duncan Wanblad - Chief Executive Biodiversity Tony O'Neill - Technical Director Responsible Mining Hilton Ingram - Executive Head of Marketing Rio Do Vento wind farm (Anglo American partnering with Casa Dos Ventos) 3#4Safety share - fatal incident MAYSU 817 TELLY KOMATSU This is not the truck involved in incident Technician fatally crushed by retractable stair system Design common to trucks at other sites, and other mining companies Immediate Call to Action issued to our mines Industry briefing shared with ICMM Investigation by regulator ongoing 4#5AngloAmerican Opening Remarks Duncan Wanblad - Chief Executive SS Sakatti exploration 5#6Focused on restoring improvement trend Safety Group TRIFR 1,2 3.17 2.66 5 2.21 Fatalities¹ 4 2.14 2 2 2.24 39 30 .............. 2018 2019 2020 2021 Sep YTD Elimination of Fatalities programme ...driving our improvement journey 2.30 2017 2018 2019 2020 20211 Sep YTD Planned work drives safer outcomes ...operational stability refocus in H2 2 Health Occupational health - new cases 1,3 96 101 2017 16 Elimination of hazards at source ...key focus for preventing exposure and sustaining zero new cases Technology to improve work environments & controls Environment ...driving improved performance and safer workplaces Level 3 & above significant incidents¹,4 2 6 2017 2018 1 2019 1 2020 1 2021 0 Sep YTD Increased focus on planning & controls ...supports continuous improvements Implementing predictive monitoring programmes ...facilitates proactive real-time decision-making#7Positive progress towards sustainability objectives Energy mGJ 97 84 87 81 85 54 2017 2018 2019 2020 2021 Aug YTD Operational performance impacting energy consumption Efficiency, technology & innovation drive longer term improvements GHG emissions Mt CO₂ equivalent emissions5 18 2017 16 18 16 2018 2019 2020 15 I 9 2021 Aug YTD South America - 100% renewable mains electricity supply Establishment of Envusa Energy, in partnership with EDFR, enables development of a renewable energy ecosystem in South Africa Social Social Way Implementation 96% 89% 91% m 2017 2018 2019 Social Way 2.0 23% 49% 2020 2021 2022 Social Way 3.0 Social Way 3.0 standards far exceed Social Way 2.0 Targeting 5 jobs in the community for every job on the mine by 2030 7#82030 Sustainable Mining Plan goals integral to strategy Our Strategy Innovation Healthy Environment 30% GHG emissions 30% energy efficiency Carbon neutral operations (2040) 50% freshwater withdrawals Net Positive Impact on biodiversity CLEAN WATER AND SANITATION 9 INNOVATION AND 13 INFRASTRUCTURE CLIMATE ACTION 15 LIFE ON LAND Thriving Communities 5 jobs supported off-site for every job on site SDG 3 health targets in host communities Host communities schools in top 20% nationally NO POVERTY 888 GOOD HEALTH QUALITY EDUCATION 800 JOBS AND ECONOMIC GROWTH Trusted Corporate Leader Establish local and national accountability forums Leadership in policy advocacy 3rd party mine certification (2025) GENDER EQUALITY RESPONSIBLE 12 CONSUMPTION 15 16 PEACE AND JUSTICE 17 Portfolio PARTNERSHIPS FOR THE GOALS Supported by Collaborative Regional Development & underpinned by our Critical Foundations P101 Operating Model Marketing Model FutureSmart Mining™ Technology, Digitalisation and Sustainability working hand in hand. people 8#9AngloAmerican Climate Change Duncan Wanblad - Chief Executive Zero Platinum powered emissions hydrogen. T Mogalakwena's PV field#10Our pathway to greener production of metals & minerals 2040 Scopes 1 & 2 carbon neutrality target7 Fossil fuels Electricity purchased Diesel nuGen/ First Mode MoU announced Fugitive methane Envusa Energy launched 2030 target- 30% reduction of GHG emissions vs 2016⁹ Current operations Carbon neutrality across our current operations 10 Carbon Negative Technologies 2016 2018 2020 2022e 2024e 2026e 2028e 2030e 2032e 2034e 2036e 2038 2040e 2040 Scope 3 50% cut ambition 1 Thermal I coal I mines exit Steel making coal Iron ore Other 2020 Production growth in high quality steelmaking products outpaces steel value chain decarbonisation 2030e 2040e ~80% reduction if steel industry achieves a 1.5°C pathway 10#112040 carbon neutrality before 90% of 1.5°C pathways 2020 Fossil fuels Electricity purchased Diesel Fugitive methane emissions Carbon negative technologies 8% energy efficiency¹1 22% saving in GHG emissions ¹1 2030 target -30% reduction of GHG emissions vs 2016⁹ 2016 2018 2020 2022e 2024e 2026e 2028e 2030e 2021-22 SA Thermal Coal demerger completed ¹2 Cerrejón sale of shareholding completed¹2 100% renewable South America 2030 J 30% improvement in energy efficiency¹2 8 sites carbon neutral¹4 Range of published IPCC assessed 1.5°C Net Zero 2050 pathways indexed from 2020 IEA Net zero by 2050 Carbon neutrality across our operations ¹0 10 2032e 2034e 2036e 2038e 2040e 30% absolute reduction in GHG emissions 13 South Africa renewable energy 2040 Carbon neutrality across operations (scopes 1 & 2)14 50% Scope 3 reduction ambition 11#12Collaboration & partnership key to decarbonisation South America 100% renewable electricity across operations in Brazil, Chile & Peru Quellaveco powered by renewables from commissioning Southern Africa Namibia Botswana Sishen Kolomela 17 South Africa 17 Zimbabwe Venetia Mogalakwena Polokwane Mortimer Amandelbult Mototolo Rustenburg * Key Off-site wind Regional energy storage Solar generated power Envusa Energy: partnership with EDF Renewables 600MW 1st phase projects in development (2Mt CO₂e) Zero Emissions Haulage இயல Zero emissions Platinum red AN 74 Partnership MoU with nuGenTM and First Mode 2MW 220 tonne truck with 290 tonne payload 12#13Our diversified portfolio is suited to future demand trends Suite of future-enabling products Transition enabling Copper equivalent production 15 Steelmaking Coal High quality Iron Ore Crop Nutrients Nickel & Manganese ~85% Future enabling Diamonds PGMs Copper Positioned for a metals and minerals intensive energy transition ~60 new Quellaveco size copper mines needed by 2040 >10 ye bring on new mines years to 13#14AngloAmerican Biodiversity Tony O'Neill- Technical Director#15Re-balancing nature and nurturing biodiversity is integral to our Purpose Biodiversity critical for healthy waterways - enabling clean water and sanitation for communities, regions & wider ecosystems Climate change impacts reduced through effective biodiversity - reducing risk from floods and other extreme weather events Providing food security through fertile land, pollinators and habitats for livestock 15#16Biodiversity and water are inextricably linked Biodiversity has a major role in the quality and quantity of water, particularly in semi-arid areas where we operate Rehabilitation & selective vegetation Engineering rehabilitated land to reduce water run-off, clean sediments to improve water access in water stressed areas Engineered wetlands Creating engineered wetlands in arid areas to collect water Using biodiversity to passively improve water quality Biodiversity at a microbe level Microbes improve water quality Removing nitrate impacts from water 16#17Positive outcomes across our business Taking action every day and designing the outcomes into our plans Iron Ore Brazil Large conservation offset New integrated rehab nursery Protecting key iron stone forests Copper - Chile Community and government partnerships Native seed/plant development Mediterranean forest restoration Woodsmith Project - UK eDNA sampling Progressive rehabilitation Improvement of site ecosystems Recovery of previously lost species 17#18Our commitment: To deliver Net Positive Impact on biodiversity across Anglo American By 2030, we will have independently verified biodiversity management plans, integrated into our life of asset plans, that will deliver net positive impact on biodiversity against our baseline assessment of 2018 Framework designed, baseline set Pathways in place Implementation & measurement 18#19Long-term and meaningful global partnerships & collaborations 2899 Partnerships & collaborations support the delivery of Net Positive Impact Q 기 Aligned with regional & national initiatives including UN COP15 Global Biodiversity Framework goals Focused on planning & implementation best practices & internal improvement Driving future disclosure & performance standards through increased nature-based disclosures, and common reporting on progress Engagement on best practices & policy advocacy to play a wider role at a regional and international level In partnership with.. BUSINESS FOR NATURE ΤΙΝ FD IUCN NATURE MM METRICS DNA-BASED MONITORING FAUNA & FLORA INTERNATIONAL UN WCMC environment programme 19#20AngloAmerican Responsible Mining Hilton Ingram - Executive Head of Marketing EKRANANER Der Brochen environmental audit 20#21Maximising value from our mineral resources & market positions Marketing: an integral part of our strategy Portfolio Our Strategy Innovation P101 Operating Model Marketing Model FutureSmart Mining™ Technology, Digitalisation and Sustainability working hand in hand. people Delivering value through three pillars Product Effective marketing, efficient value chains, complemented by third party products Partnership Tailoring solutions to customers needs Provenance Most exacting mining & sourcing standards 21#22Customers focused on supply chain integrity & ESG credentials Customers face external pressures... Min Environmental advocacy Biodiversity Technology Climate change Changing demographics Government legislation Shareholder expectations Circular economy ..and need assurance on their purchases |||| Rely on regulations Audit individual suppliers Sustainability certification programmes 22#23Anglo American supported development of world's most respected responsible mining standards 2005 RJC Origination Hj 2012 First RJC implementation 2008 Anglo American joins IRMA RESPONSIBLE JEWELLERY COUNCIL 2019 Unki mine IRMA audit starts 2018 IRMA publish Standard for Responsible Mining IRMAX Mining Assurance Initiative for Responsible Towards Sustainable Mining 2022 Anglo American achieves first Copper Mark award 2021 Unki mine IRMA results published Minerals Council Australia adopts TSM THE COPPER RESPONSIBLY MARK COPPER PRODUCED 23#24Commitment to assure our operations against a recognised responsible mining standard by 2025 Healthy Environment E Trusted Corporate Leader 2021: 11 operations being assured against recognised responsible mine certification systems m Thriving Community 2025: all operations to undergo third-party audits against recognised responsible mine certification systems ¹6 24#25Growing interest in mine certification from metals users Companies publicly committed to IRMA: VOLKSWAGEN AKTIENGESELLSCHAFT Ford Microsoft BMW GROUP Mercedes-Benz ArcelorMittal gm Orsted CORNING T TESLA TIFFANY & CO. SCHAEFFLER 25#26AngloAmerican Positioned for a sustainable future Duncan Wanblad - Chief Executive Copper pipes 26#27Q&A Our investment proposition Competitive assets Strong cost position Long-term growth options Differentiated capabilities Technology-led Sustainability leader Sustainable returns Disciplined capital allocation EBITDA margins of 45-50%¹7 To ask a question, please use link provided in invitation 27#28Footnotes Recordable incidents. Data relates to subsidiaries and joint operations over which Anglo American has management control. Since 2018 data for fatalities, TRIFR and environmental metrics excludes results from De Beers' joint operations in Namibia and Botswana. 2021 fatalities has been restated as a colleague tragically passed away in 2022 following complications after an accident in 2021. Total Recordable Injury Frequency Rate per million hours worked. New cases of occupational disease. 1. 234 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. Environmental incidents are classified in terms of a 5-level severity rating. Incidents with medium, high and major impacts, as defined by standard internal definitions, are reported as level 3-5 incidents. Scopes 1 and 2 emissions. 16. 17. In 2020, we launched a new integrated social performance management system (Social Way 3.0) which has raised performance expectations and has resulted in continued improvement in our social performance. Sites are expected to have implemented the Social Way 3.0 by the end of 2022. While sites are assessed annually against all requirements applicable to their context, for consistency during the transition period, the metric reflects performance against the Social Way foundational requirements. Operational carbon neutrality refers to Scopes 1 and 2 greenhouse gas emissions from current operations only. Goal and guidance as announced on 7 May 2020. Scope 3 reduction ambition refers to a 50% reduction by 2040 against a 2020 baseline. 2030 target based on an absolute reduction in GHG emissions across the business vs 2016 baseline adjusted for structural changes. 2020 Energy and GHG (Scopes 1 & 2) savings are calculated relative to projected 'business as usual' consumption levels. Targets and guidance as announced on 7 May 2020. Included within Healthy Environment related Global Stretch Goals in Sustainable Mining Plan (https://www.angloamerican.com/sustainability/environment). 15. Copper equivalent production is calculated using long-term consensus parameters. Future production levels are indicative and subject to final approval. Managed operations. At long-term consensus commodity prices. The demerger of the South Africa thermal coal operations was completed on 4 June 2021. The sale of Anglo American's 33% interest in Cerrejón was completed on 11 January 2022 following receipt of the relevant regulatory approvals. The agreement is effective 31 December 2020 and, therefore, economic benefits from 1 January 2021 have not accrued to Anglo American. 2030 target based on an absolute reduction in GHG emissions across the business vs 2016 baseline adjusted for structural changes. De Beers is targeting carbon neutrality across its operations by 2030. For more information on our targets, see our 2021 Climate Change Report or Sustainable Performance presentation from 29 October 2021. 28#29AngloAmerican Appendix Shipping biofuel trial 29#30Our Sustainable Mining Plan at the heart of our strategy Partnership and engagement O Healthy Environment Climate change Biodiversity Water usage Environment Leadership and culture Our Plan has three Global Sustainability Pillars, with three stretch goals under each one Zero harm 000 Thriving 280 Communities Education Health and wellbeing Livelihoods Social Collaborative Regional Development Our five-year Group Function and site plans Our Critical Foundations Human rights Inclusion and diversity 14 Governance Trusted Corporate Leader Accountability Policy advocacy Ethical value chains Group standards and processes Compliance with legal requirements Partnership and engagement 30#31Our commitment: To deliver Net Positive Impact on biodiversity across Anglo American by 2030 Net Positive Impact means that across the life of our assets, any negative impact on biodiversity from our activities will be outweighed by the positive impact of our achievement of biodiversity gains. Framework designed & baseline set NPI methodology Implementation of internal biodiversity standard, including adoption of mitigation hierarchy, and framework with performance indicators and risk management processes. Baseline Completed biodiversity value assessments across all managed operations, identifying significant biodiversity features. Pathways in place Biodiversity management plans Developed management plans, including impacts and mitigation measures for significant biodiversity features, with appropriate rehabilitation, offset and compensation plans. Pre-baseline impacts Impacts pre-2018 qualitatively assessed and mitigations being included in biodiversity management plans Implementation and measurement Partnerships Formalisation of partnerships to support NPI pathways, including our Regional Conservation Grants launched in [2020] making positive impacts beyond our sites. Innovative biomonitoring programmes Use of e-DNA, drone technology and remote sensing programs, going from quadrats and static imagery to comprehensive biological assessments and remote time-series surveillance. 31#32A sustainable, responsible & transparent business ESG ratings Member of Dow Jones Sustainability Indices Powered by the S&P Global CSA Overall score 78/100 #4 out of 81 companies assessed in the mining & metals category Included in both European & World Index (top 10% of global companies) SUSTAINALYTICS #5 in diversified metals and mining, rated in the top category for ESG Management of Material risk, whilst perceived risk associated with exposure to South Africa & South America remains MSCI 'AA' rated Ahead of peers Accreditations & memberships IRMAX Responsible Steel Responsible Mining Index Eiti Extractive Industries Transparency Initiative Y Corporate ESG Performance FATED BY ISS ESG Top mining company with the strongest results across five of six company-wide indicators covered in the assessment RESPONSIBLE JEWELLERY COUNCIL Prime 'Prime' rated Industry leader ICMM International Council on Mining & Metals FTSE4Good Overall score of 4.5 (out of 5), which puts us in the top percentile and in joint second place Tortoise. The Responsibility 100 Index #1 extractives company (including oil & gas) in the FTSE 100 based on commitments 'talk' & measurable delivered actions 'walk' TCFD THE COPPER RESPONSIBLY PRODUCED MARK COPPER 32#33Investor Relations Paul Galloway [email protected] Tel: +44 (0)20 7968 8718 Emma Waterworth [email protected] Tel: +44 (0)207968 8574 Michelle Jarman [email protected] Tel: +44 (0) 207968 1494 FutureSmart Mining At Anglo American we are re-imagining mining to improve people's lives ACESSO A MOTORIZADO NAMA SE Future Smart MiningTM

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