Unlocking Value and Performance Outlook

Significant capex savings of -$1.8bn Capex (now includes Woodsmith)⁹ $bn ~5.7 ~5.7 Safety, asset integrity & reliability prioritised ~5.3 Growth ~1.2 ~1.3 ~1.3 Sustaining ~4.5 ~4.4 ~4.0 2024F 2025F 2026F (Capex savings5: ~0.2 in '23; ~0.8 in '24; ~0.4 in '25; ~0.4 in '26) Anglo American Streamlined discretionary capex while preserving optionality Woodsmith spend beyond 2024 subject to Board approval LT sustaining capex: $3.0-3.5bn + lifex⁹ 22 22

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