H1 FY21 Finance and Cost Analysis

OUR PORTFOLIO Large producer of manganese ore and alumina Multiple growth projects progressing through study phase Pipeline of greenfield exploration partnerships with a bias to base metals Exiting lower returning businesses AMBLER METALS Copper, Zinc, Lead, Silver & Gold Copper & Gold Copper, Zinc, Lead, Silver & Gold Copper & Gold Zinc, Lead, Silver & Copper HERMOSA Zinc, Lead, Silver & Manganese Copper & Gold Upstream operations. Downstream processing facilities Development option Exploration partnership or option Divestment in progress Copper, Gold & Molybdenum CERRO MATOSO Nickel BRAZIL ALUMINA Aluminal MRN Bauxite HOTAZEL MANGANESE MINES Manganese ore Zinc, Lead & Silver SOUTH AFRICA ENERGY COAL Energy Coal Copper, Zinc, Lead, Silver & Gold CANNINGTON Silver, Lead & Zinc Copper & Gold MOZAL ALUMINIUM Aluminium Zinc Copper & Gold GEMCO Manganese ore HILLSIDE ALUMINIUM WORSLEY ALUMINA Alumina Aluminium Copper, Lead, Silver & Zinc ILLAWARRA METALLURGICAL COAL Metallurgical Coal SLIDE 3 III SOUTH32

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