AngloAmerican Results Presentation Deck

PGM PRICES - REFLECTING STRONG FUNDAMENTALS Auto loadings drive Pd/Rh Gasoline autocat PGM loadings 24 2014 2019 1-40% AngloAmerican 2024F 2029F Loadings increase to meet higher emissions standards Euro 7 & China 7 to drive further rise in mid-2020s Significant industrial demand Chemical Glass Electrical Medical Petroleum Other Industrial Platinum (Pt) demand 25 32% Investment 13% Autocatalyst Promising new uses, including electrolysers & fuel cells 23% Increasing Pt demand in existing applications (e.g. glass making) 32% Jewellery Basket shift towards Rh & Pd PGMS price basket 2018 Rhodium 2019 Palladium 2020 Platinum 51% increase in 2020 PGM basket price26 Long-term PGM supply constrained 27

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