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Investor Presentaiton

Life extension capex Major components of lifex ($bn) Guidance ~0.6 ~0.7 ~0.5 (previously -0.7) Mototolo - Der Brochen (PGMs) -0.1 ~0.1 ~0.1 Approved Kolomela (Iron Ore) (prev.-0.2) ~0.3 ~0.3 Venetia (Diamonds) ~0.2 Lifex projects - subject to disciplined capital allocation framework 2023F 2024F 2025F Capex (pa) Volume (pa) From¹ LOA extension Forecast Returns IRR Margin Venetia Underground (Diamonds) Approved ~$0.2-0.3bn 4Mct 2023 +22 years -15% >50% Mototolo Der Brochen (PGMs) Approved ~$0.1bn² 0.25Moz PGMs 2024 +30 years² >25% >35% Kolomela (Iron Ore) Approved ~$0.1bn 4Mt 2024 +3 years³ >20% >35% Jwaneng (Diamonds) Approved ~$0.1bn4 9Mct4 2027 +9 years >15% >50% 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 the progress of project studies. 'From' column represents first production. 2. 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 extends the LOA beyond 30 years. 3. This project adds three years to the Reserve Life (RL), which is included in the disclosed 12 year RL. 4. Attributable share of capex. 100% of production volumes. Capex spend <$0.1bn in certain years therefore not shown on graph above. Anglo American 42
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