AngloAmerican Investor Update slide image

AngloAmerican Investor Update

Footnotes 1. Copper equivalent production is calculated including the equity share of De Beers' production and using long-term consensus parameters. Future production levels are indicative and subject to further studies and final approval, see Cautionary Statement slide. 2. Internal analysis using Wood Mackenzie, ICSG, WSA and UN data. 3. Source: Company reports, Wood Mackenzie. Selected projects in studies through to production between 2010 and 2023 4. Source: Company reports, Wood Mackenzie. Installed production base of 5 major copper companies versus consensus estimates for future projects. H1 2023 underlying EBITDA. H1 2023 underlying EBITDA mining margin excludes the impact of third party trading activities performed by Marketing. H1 2023 attributable capital employed. 5. 6. 7. Includes production from Copper Chile (Collahuasi, Los Bronces & El Soldado mines) as well as Copper Peru, reflecting the ramp-up of production from Quellaveco, which delivered first production in July 2022, producing 102kt in FY2022. In the first 6 months of 2023, Quellaveco has produced 138kt and in June 2023, reached commercial production levels. 8. Copper business only. On a contained-metal basis. Production guidance in Chile is subject to water availability, and in Peru is subject to any socio-political effects and full ramp-up. Long-term outlook is subject to further studies and project approvals. 9. Refer to the Anglo American plc Ore Reserves and Mineral Resources Report 2022 for more details. 10. Expected average over first 10 years. 100% basis. 11. Indicative, subject to further studies and final approval, see Cautionary Statement slide. Sakatti is a polymetallic ore body and is stated in copper equivalent terms. 12. Estimated Mineral Resources of ~44.4 Mt at 1.90 %TCu, 0.96 %Ni, 1.46 3E PGE g/t. Refer to the Anglo American plc Ore Reserves and Mineral Resources Report 2022 for more details. 13. Cost of desalinated supply is lower than the current cost of water purchases. Anglo American 17
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