Future-Enabling Growth Strategy Update

Cost and volume target increased by $0.5 billion 2021F delivery vs 2017 $1.4bn $3.5-4.5bn (prev. $3.0-4.0bn) Up to $2.0bn (prev. up to $1.5bn) Projects: 2022-23 Quellaveco Marine Diamonds Namibia Up to $2.5bn 2023 target Delivered improvement14 Anglo American Technology & Innovation: 2020-23+ Predictive Maintenance Bulk Ore Sorting rollout Coarse Particle Recovery Operating Model & P101: 2017-23 Copper mine & plant performance Minas-Rio ramp up Operational stability 13

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