Investor Presentaiton

Minas-Rio (Iron Ore) - strong production offset by prices H1 2023 vs. H1 2022 Underlying EBITDA ($m) 728 H1 2022 Production1 Sales1 Realised price (FOB)1 Unit cost (FOB)1 Underlying EBITDA Mining margin Capex 12.0Mt 11.4Mt $104/t $32/t $670m 44% $105m ↑ 22% ↑ 31% ↓22% ↓9% ↓8% ↓ 1pp ↑ 46% (409) 320 309 (1) (9) Price FX Inflation 1. Wet basis. Product is shipped with -9% moisture. Anglo American 670 41 Cost & volume Other H12023 54

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