Investor Presentaiton

Structural trends favouring high quality bulks Iron Ore: high quality products Kumba production Minas-Rio production ~64% Fe of which 66% is lump ~67% Fe Pellet feed products Production (Mt)1 66 66 62 62 Steelmaking Coal: premium products High quality portfolio -80% Hard coking coal (typical level)² Production (Mt) 64 23 60-64 17 15-17 15 2019 2020 2021 2022F 2019 20203 20213 2022F3 1. Wet basis. 2. Production basis. 3. 2020-2022 production impacted by operational challenges. Anglo American 71

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