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Investor Presentaiton

Diamonds - soft demand & prices, with higher costs H1 2023 vs. H1 2022 Underlying EBITDA ($m) 944 H1 2022 Production1 Sales (Cons.)² Average price index Realised price³ Unit cost4 Underlying EBITDA Mining margin5 Capex 16.5Mcts 15.3Mcts 137 $163/ct $63/ct $347m 50% ↓2% 0% ↓2% ↓23% ↑ 7% ↓ 63% 3pp $302m ↑ 21% (407) Price 562 84 (59) (202) (13) FX Inflation Cost & volume Other 1. Shown on a 100% basis except for the Gahcho Kué joint operation, which is on an attributable 51% basis. 2. Consolidated accounting basis. Sales of 17.3Mct on a 100% basis. 3. Consolidated average realised price based on 100% selling value post-aggregation. Realised price includes the price impact of the sale of non-equity product and, as a result, is not directly comparable to the unit cost. 4. Unit costs are based on consolidated production and operating costs, excluding depreciation and special items, divided by carats recovered. 5. Represents the underlying EBITDA margin for the mining business. It excludes the impact of non-mining activities, third-party sales, purchases, trading downstream and corporate. Anglo American 347 H12023 51
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