#1Ⓒ AngloAmerican Sustainability Performance 2022: April Session 14 April 2022 breen c whyreose Seedling nursey, Minas Rio#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. 2#3Agenda Energy Transition Mark Cutifani - Chief Executive Water Mark Cutifani - Chief Executive Culture & social impact Anik Michaud - Group Director Corporate Relations & Sustainable Impact Rio Do Vento wind farm (Anglo American partnering with Casa Dos Ventos) 3#4AngloAmerican Health & Safety Share Anik Michaud - Group Director Corporate Relations & Sustainable Impact Covid testing#5'WeCare' approach: Covid & resilience Responsible & holistic approach protecting lives & livelihoods in our workforce & communities Physical health Living with Dignity Mental health Community response 5#6Sustainability performance 2021 Pillar of Value Safety & Health Environment Socio-political People Metric Work-related fatal injuries¹ Total recordable case frequency rate per million hours New case of occupational disease Workforce potentially exposed to noise over 85 dBA² Workforce potentially exposed to inhalable hazards over the occupational exposure limit² Energy consumption (million GJ) GHG emissions - Scope 1&2 (Mt CO₂e) Operational water withdrawals (million m³) Level 4-5 environmental incidents Social Way implementation (based on updated Social Way 3.0 for 2020)³ Local procurement spend ($bn)4 Taxes & royalties ($m)5 Jobs supported by Enterprise and Supplier Development (ESD) initiatives Women in management Women in the workforce Voluntary labour turnover 2021 2 2.24 16 30,832 1,796 85 14.8 176.5 0 49% 10.0 7,134 147,374 31% 23% 3.5% 2020 2 2.14 30 33,253 1,994 81 16.1 197.5 23% 10.0 3,778 137,777 27% 23% 2.8% Target Zero Year-on-year reduction Year-on-year reduction Year-on-year reduction 10% reduction year-on-year Improve energy efficiency by 30% by 2030 Reduce absolute GHG emissions by 30% by 2030 Reduce freshwater abstraction in water scarce regions by 50% by 2030 Zero Full implementation of Social Way 3.0 foundational requirements by end 2022 To achieve 33% by 2023 < 5% Target achieved Not achieved Not achieved On track On track On track On track On track On track On track On track On track On track 6#7AngloAmerican Opening Remarks Mark Cutifani - Chief Executive Shipping biofuel trial 7#8SHE performance Safety 5.42 15 Group TRCFR6,7 Fatalities 2013 3.17 2.66 209 YL..... 96 101 2.24 2.25 2013 5 2.21 4 2.14 2 2017 2018 2019 2020 2021 Elimination of Fatalities Taskforce ...driving our improvement journey 2 Covid and managing its impact ...re-establishing downward trend drive for a safe & healthy future [1] 2022 YTD Health Occupational health - new cases6,8 39 30 16 2017 2018 2019 2020 2021 2022 YTD Elimination of hazards at source ...key focus for sustainable improvement Record low exposures ...upgraded work environments & controls Environment Level 3 & above significant incidents 6,⁹ 30 2013 HH 2 6 1 2017 2018 2019 2020 1 Upgraded planning & controls ...supports continuous improvements 1 2021 0 2022 YTD Sustainability factors integration in asset plans ...support effective social engagement 8#9Re-imagining mining to improve people's lives Our Strategy Innovation Portfolio Concentrating the Mine™ P101 Modern Mine Technology & Digitalisation Operating Model FutureSmart Mining™ Technology, Digitalisation and Sustainability working hand in hand. Water-less Mine ●●● 09 ..o Marketing Model Intelligent Mine Sustainability Sustainable Mining Plan Healthy environment III 000 Planning and implementation in partnership Trusted corporate leader People Thriving communities Collaborative Regional Development Regional spatial analysis 9#10Our 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 ooo Thriving 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 Governance Trusted Corporate Leader Accountability Policy advocacy Ethical value chains Group standards and processes Compliance with legal requirements Partnership and engagement 10#11AngloAmerican Energy Transition Mark Cutifani - Chief Executive nuGen™ hydrogen truck powerplant 11#12Driving performance for healthy environment Scope 1 & 2 GHG emissions CO₂ equivalent emissions 18 16 [ 2018 2017 18 2019 GHG emissions 16 2020 Covid impacts on Production Cu Eq production ¹0 15 2021 Carbon emission reductions vs structural production increases Brazil, Chile and Peru - 100% renewable mains electricity supply secured from 2023 Operating efficiency, technology & innovation drive longer term energy efficiency improvements 12#13Existing portfolio positioned for a sustainable future. Greener World Cu Eq production 10 Transition enabling High quality Iron Ore Met Coal Electrified World Crop Nutrients Nickel & Manganese ~85% Future enabling Diamonds PGMs Consumer World Copper 13.#14Roadmap to carbon neutral operations by 2040 Scope 1 & 2 GHG emissions from current operations 2016 2018 South America renewable energy 2020 Fossil fuels Hydrogen trucks pilot 2022e Three Solar PV plants in South Africa 2024e EDF Renewables MoU Electricity purchased Regionally integrated solar and wind in South Africa VAM implementation 2026e Diesel 2028e 2030e Southern Africa electrical supply predominantly wind and solar PV 2032e 2030 target-30% reduction of GHG emissions vs 201611 2034e Carbon neutrality across our current operations ¹2 12 Hydrogen and battery electric widely implemented 2036e 2038e Fugitive methane emissions Carbon negative technologies 2040e 14#152040 carbon neutrality before 90% of 1.5°C pathways Scope 1 & 2 GHG emissions From current operations 2016 2018 2020 Fossil fuels 2030 target -30% reduction of GHG emissions vs 201611 2022e 2024e 2026e Electricity purchased Diesel 2028e 2030e IEA Net zero by 2050 Range of published IPCC assessed 1.5°C Net Zero 2050 pathways indexed from 2020 Carbon neutrality across our operations ¹2 2032e Fugitive methane emissions 2034e 2036e 2038e Carbon negative technologies 2040e 15#16Collaboration and partnership key to renewables-driven emissions reduction Namibia H Botswana Sishen Kolomela W Zimbabwe South Africa 14 Venetia Mogalakwena Polokwane Mortimer. Amandelbult • Mototolo Rustenburg • φ K-site wing 1-1 Regional energy storage & Solar generated power Partnership with EDF Renewables Increased grid capacity (3-5 GW) Investment majority funded by equity partners & debt financing Supporting Just Transition 16#17Ambition to reduce Scope 3 emissions by 50% by 2040 Portfolio ~65% Fe average quality suits carbon efficient DRI pellet feed Partnering hydrogenious SALZGITTER FLACHSTAHL Working with customers and technology partners towards steel industry decarbonisation Controllables 10% freight emissions reduction in biofuels trials 17#18AngloAmerican Water Mark Cutifani - Chief Executive Sishen biodiversity conservation 18#19Water reduction target dependent on key initiatives Fresh water withdrawal from water scarce regions ¹3 '000 MI/year 49 2015 37 2021 Lower precipitation in Chile restricting fresh water use Planned initiatives including fresh water savings at Sishen, Amandelbult and CapCoal Los Bronces water solution Other initiatives 50% Reduction vs 2015 24 2030 19#20Water management and efficiency Water withdrawn Operations Efficiency¹4 (Re-use/ Recycle) 83% Sustainable Mining Plan milestone: 75% water re-use / recycling Water discharged Water consumption 20#21Beyond water stewardship: value through collaboration Socially equitable Environmentally sustainable Economically beneficial 21#22Case study: Quellaveco water supply ******** Sustainable water supply to communities and environment in the downstream Tambo Water Basin Tambo Water Basin AMISOL Titire Intake CORACAOINE RIO SALTIALAHURA RIO TITRE ROV CARRETERA INTEROCEANICA se ROCHILOTA- Gauging Sta.1 Supply to Quellaveco 19 TITRE UNTAYA Water Supply Pipeline Vizcachas Dam RIO CHINCUNE ARUNTAYA Gauging Sta.2 "d CANAL PASTO GRANDE Gauging Sta. 3 PRESA PASTO GRANDE EMBALSE PASTO GRANCE 22#23AngloAmerican Culture & Social Impact Anik Michaud - Group Director Corporate Relations & Sustainable Impact SS Sakatti exploration 23#24Promoting an inclusive and diverse work environment Inclusive leadership Holistic strategy to attract, retain and develop talent Top 50 most inclusive companies in the UK Valued & respected colleagues Listed in Bloomberg Gender Equality Index Safe & enabling environment #2 ranked by RMI for working conditions, #1 overall across all RMI indicators Fair & supportive workplace #1 overall in Glassdoor metrics 24#25Building a safe and inclusive culture 2017 First Employee Engagement Survey open to all colleagues 2019 Launch of Living with Dignity - joining UN Women's 'Orange the World' campaign 1 2018 First Inclusion & Diversity survey We want to set the standard in creating an inclusive and diverse workplace. 2020 Stand Up For Everyone Campaign on how to recognise bullying, harassment and victimisation and take action 2019 Your Voice confidential whistleblowing service launch Your Voice RAISE CONCERNS IN CONFIDENCE p STAND UP FOR EVERYONE IN EVERY ROLE STAND AND UP FOR EVERYONE 2020 First private sector member of the National Violence Prevention Forum in South Africa 1 2020 Living with Dignity becomes one of WeCare pillars in response to Covid-19 2022 Launch of a Living with Dignity Hub in South Africa | 2021 Launch of Group-wide Policy on Recognising and Responding to Domestic Violence SEE !! ACT NOW EVERTONE WeCare Living with Dignity 25#26Building shared commitment to action G 우우우 Safe homes Safe schools Safe communities Safe workplace Society Organisations Community Relationships Individual 26#27AngloAmerican Positioned for a sustainable future Mark Cutifani - Chief Executive Copper pipes 27#28Evolving, holistic approach to sustainability Sustainability rather than ESG Embedding holistic approach into governance ******** Evolving societal expectations Sustainable Mining Plan Continuing to build on our commitments 28#29Purpose: to re-imagine mining to improve people's lives Effectiveness >10% Free Cash Flow ¹5 (on capital employed) 31% Efficiency 15-20% ROCE 16 2021 43% Sustainability 7 Pillars of Value Embedded 29#30AngloAmerican Q&A To ask a question, Standard International Dial-in: UK SA US +44 (0) 2071 928338 0800 014552 1 87787 09135 Conference ID: 3881756 Solar panels - Las Tortolas 30#31AngloAmerican Appendix 19 Der Brochen environmental audit 31#32Active route to a more sustainable world Improve efficiency 2020 8% energy efficiency¹7 22% saving in GHG emissions 17 Invest in innovation 2021-22 SA Thermal Coal demerger completed 18 Cerrejón sale of shareholding completed 18 100% renewable South America electricity Advisory Resolution on climate at 2022 AGM Switch to renewables EDF Renewables MoU 2030 Transition the portfolio 30% improvement in energy efficiency¹1 8 sites carbon neutral12 South Africa renewable energy Supporting the Just Transition 30% absolute reduction in GHG emissions 11 Net positive impact delivered on biodiversity ¹⁹ 19 50% reduction in water Balance residual emissions 2040 Carbon neutrality across our operations¹2 50% Scope 3 reduction ambition 32#33Footnotes 1. 2. 3. 4. 5. 6. 7. 8. 9. Restated following loss of life of Boitshepo Julian Sesinyi from an injury sustained in November 2021. Reflects the number of employees and contractors who work in environments where there is potential for exposure above the exposure limit. All employees and contractors working in such environments are issued with protective equipment to prevent occupational illness. 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. Local procurement spend relates to spend within the country where an operation is located. The basis of calculation has been amended to more closely reflect the Group's financial accounting consolidation, i.e. 100% of subsidiaries and a proportionate share of joint operations, based on Anglo American's shareholding. The prior year comparative has been restated. Taxes and royalties include all taxes and royalties both borne and collected by the Group. This includes corporate income taxes, withholding taxes, mining taxes royalties, employee taxes and social security contributions and other taxes, levies and duties directly incurred by the Group, as well as taxes incurred by other parties (e.g. customers and employees) but collected and paid by the Group on their behalf. Figures disclosed are based on cash remitted, net of entities consolidated for accounting purposes, plus a proportionate share, based on the percentage shareholding, of joint operations. Taxes borne and collected by associates and joint ventures are not included. Recordable incidents. Data relates to subsidiaries and joint operations over which Anglo American has management control. Since 2018 data for fatalities, TRCFR and environmental metrics excludes results from De Beers' joint operations in Namibia and Botswana. Total Recordable Cases Frequency Rate per million hours. New cases of occupational disease. 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. 10. Copper equivalent production is calculated using long-term consensus parameters. 2021 copper equivalent production is normalised to reflect the demerger of the South Africa thermal coal operations, the sale of our interest in Cerrejón and the closure of the manganese alloy operations. Growth was calculated in Q4 2021 with reference to a 2021F baseline. Future production levels are indicative and subject to final approval. 11. 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. Goal and guidance as announced on 7 May 2020. Fresh water is naturally-occurring water that meets the criteria Water Accounting Framework (WAF) Category 1, excluding precipitation and runoff which reasonably cannot effectively be prevented from entry into our operational processes. 14. Efficiency (re-use/recycle): water that has been used in an operational task and is recovered and used again in an operational task, either without treatment (re-use) or with treatment (recycle). 15. Long-term target for 'Sustaining attributable free cash flow'/ average attributable capital employed. Attributable ROCE is defined as attributable underlying EBIT divided by average attributable capital employed. It excludes the portion of the return and capital employed attributable to non-controlling interests in operations where the Group has control but does not hold 100% of the equity. 2020 Energy and GHG (Scope 1 & 2) savings are calculated relative to projected 'business as usual consumption levels. 12. 13. 16. 17. 18. 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. Included within Healthy Environment related Global Stretch Goals in Sustainable Mining Plan (https://www.angloamerican.com/sustainability/environment). 19. 33#34Investor Relations Paul Galloway [email protected] Tel: +44 (0)207968 8718 Emma Waterworth [email protected] Tel: +44 (0)207968 8574 Juliet Newth [email protected] Tel: +44 (0)20 7968 8830 Michelle Jarman [email protected] Tel: +44 (0) 207968 1494 FutureSmart Mining At Anglo American we are re-imagining mining to improve people's lives 0 KESSA MOTORIZADO PAMATA They MouchD www Future Smart MiningTM