Investor Presentaiton

OUR GROWTH PIPELINE We have embedded options with the potential to deliver significant growth in commodities for a low-carbon future I FY22 +7% Group copper equivalent growth FY23e Feasibility Pre-feasibility Hermosa Taylor Sierra Gorda fourth line Hermosa Clark Ambler Metals Cerro Matoso intermediary nickel studies Arctic Bornite VMS exploration Further exploration and study phase projects Hermosa exploration incl. Peake and Flux Chita Valley JV, San Juan copper == Sierra Gorda oxide stockpiles Regional exploration potential 25+ greenfield partnerships Zn-Pb-Ag Cu Mn-Zn-Ag Cu-Zn-Pb- Ag-Au Ni Cu-Zn-Pb-Ag Cu-Mo-Au Cu Cu-Zn-Ni Copper Zinc-lead-silver Nickel Battery-grade manganese SLIDE 9 SOUTH32

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