AngloAmerican Investor Update

Life extension capex Major components of lifex¹ ($bn) Approved Mototolo - Der Brochen (PGMs) Kolomela (Iron Ore) Guidance Aquila² (Steelmaking Coal) Venetia Underground (Diamonds) Mototolo - Der Brochen (PGMs) Kolomela (Iron Ore) Venetia (Diamonds) Lifex projects - subject to disciplined capital allocation framework Complete 000 Approved Approved Approved ~0.6 (prev. ~0.7) ~0.2 Approved ~0.2 (prev.-0.3) 2022F Capex (pa) ~$0.1bn³ ~$0.2-0.3bn ~$0.1bn4 ~$0.2bn ~$0.1bn6 Volume (pa) 3.5Mt 4Mct 0.25Moz PGMs 4Mt 9Mct6 ~0.7 (prev. ~0.8) ~0.1 ~0.2 ~0.2 (prev.-0.3) 2023F From¹ 2022 2023 2024 2024 2027 ~0.7 (prev. ~0.6) ~0.1 ~0.3 2024F LOM extension 7 years³ +9 +24 years +30 years4 +3 years 5 years IRR >30% Forecast Returns >15% >25% >20% ~0.5 ~0.3 >15% 2025F (new) Jwaneng (Diamonds) 1. Cash expenditure on property, plant and equipment including related derivatives, net of proceeds from disposal of property, plant and equipment and includes direct funding for capital expenditure from non-controlling interests. Shown excluding capitalised operating cash flows. Guidance includes unapproved projects and is, therefore, subject to progress of project studies. 'From' column represents first production. 2. Per the Anglo American plc Ore Reserves and Mineral Resources Report 2021, the Reserve Life for Aquila is reported at 6 years, 7 years reflects the life of mine which considers the Inferred Mineral Resource in mine plan. 3. Lifex for Grasstree underground mine within Capcoal complex. Reflects attributable share of capex and production. Longwall production commenced in February 2022. Capex spend in 2022 was <$0.1bn. Margin >40% >50% >35% >35% >50% 4. Capex spend is over 6 years, with most of this capex in 2022-2024. Leverages the existing Mototolo infrastructure, enabling mining to extend into the Der Brochen Mineral Resource, which will potentially extend the LOM beyond 30 years. 5. This project adds three years to the life of mine (LOM), which is included in the disclosed 13 year LOM. 6. Attributable share of capex. 100% of production volumes. Capex spend <$0.1bn in certain years therefore not shown on graph above. Anglo American 39

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