Future-Enabling Growth Strategy Update

Inflationary pressures offset by volume increases 2022 forecast unit costs 13 ↑ ~4% Higher inflation and input costs offset higher production volumes Inflation -5% Above CPI inflation set to continue Anglo American General inflationary pressures: • Input cost prices • Supply chain disruption • Tax and royalty focus Expected to remain in near term Some impact on capex - steel & materials 12

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