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Investor Presentaiton

Operational excellence underpins transformation Operating Model: delivering stable & predictable outcomes Work is planned, scheduled and properly resourced Stable and consistent performance Safer and lower cost P101: achieving & redefining best-in-class performance Focused on the key equipment for each asset Identify route to industry best-in-class and beyond Optimise: higher tonnes and/or lower equipment costs Anglo American 180- Stabilisation at higher performance 200 140 Further improvement impacting stability Low stability 120- & high variation Stabilisation. at still higher performance Example: dominant constraint at various assets & their improvement to achieve P101 over 2020-2022 Performance (% Capacity) 96 98 97 96 99 101 104 103 88 P100 84 68 56 Mototolo (mining) Orapa (plant) El Soldado (plant) Barro Alto (plant) 2020 2021 2022 72
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