Investor Presentaiton

Nickel - impacted by lower prices H1 2023 vs. H1 2022 Underlying EBITDA ($m) 239 Production1 Sales1 Realised price Underlying Mining Unit cost Capex EBITDA margin 19.6kt 19.1kt $9.04/lb $5.50lb $110m 29% $41m 0% ↑ 14% ↓22% ↑ 13% ↓54% ↓30pp ↑ 28% (116) 120 (4) 110 (6) (4) H1 2022 Price FX Inflation 1. Nickel BU only. Anglo American Cost & volume Other H12023 49 44

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