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Investor Presentaiton

A transformed business... Portfolio restructuring Production index¹ Productivity index² Cu Eq unit cost³ Operating Model and technical improvements Covid disruption 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 1. Copper equivalent production is calculated using long-term consensus parameters. Excludes domestic/cost-plus production. Includes assets sold, closed or placed on care and maintenance. 2. Productivity is calculated as adjusted copper equivalent production divided by the average direct headcount from consolidated mining operations. 3. Copper equivalent unit costs are shown on nominal terms and calculated as the total USD cost base divided by copper equivalent production. Anglo American 86% Productivity2 ↓5% Unit costs³ ~60% Number of assets 75 15
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