Antofagasta Results Presentation Deck slide image

Antofagasta Results Presentation Deck

Addressing Climate Change: Water Focused on responsible water sourcing LOS PELAMBRES: JOURNEY UNDERWAY TO 90% SEA WATER OR RECIRCULATED WATER Construction of Los Pelambres' Phase 1 (400l/s) desalination plant completed and ramp up underway. ā— ā— Average of 1601/s of desalinated water delivered to Los Pelambres in June 2023, helping to ramp-up water availability and reduce continental water extraction rates. Group target of 90% of water usage from sea water or recirculated water following the second phase expansion of the desalination plant to 800 l/s. Agreement about Los Pelambres water distribution arrangements reached with local communities in H1 2023. NORTHERN OPERATIONS: PIVOTING TO 100% SEA WATER Centinela and Antucoya: Currently operating with raw sea water. Application submitted in June 2023 to convert Zaldivar operation to either sea water or water from third parties, after a transition period involving an extension of the current continental water permit expiring to 2028 (from 2025). WATER WITHDRAWALS (GL) 1 36.8 28.9 2018 32.6 Antofagasta plc | 2023 Half Year Results 28.2 2019 Continental water Sea water Note: Target includes recirculated water. 38.9 29.0 2020 37.7 31.3 2021 ANTOFAGASTA PLC 39.7 33.1 2022 18
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