AngloAmerican Investor Conference Presentation Deck

Technology change takes >30 years; behaviour change is faster Changes in behaviours and adoption of new technologies Years -100 Anglo American -80 -60 -40 Delay period -20 Market share/Change 100% 80% 60% 40% 20% -20% -40% -60% -80% -100% Jet airliners BOF steel 20 Nuclear (France) OH steel Wind power (Denmark) 40 Nuclear (World) Growth period Smoking (UK) Ozone (USA) Ozone (World) Leaded petrol (USA) 60 Asbestos (World) 10

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