Source: Marketscreener

Anglo American: ANGLO AMERICAN : HIGHLIGHTS ROLE OF SUSTAINABILITY AND INNOVATION TO UNLOCK COPPER GROWTH

News Release 29 October 2024 Anglo American highlights role of sustainability and innovation to unlock copper growth Anglo American is today presenting its regular sustainability performance update, including a particular focus on how we are working to unlock significant additional value from our world- class copper endowments through a holistic approach to sustainability and innovation. Our integrated approach is aligned with our commitment to delivering outcomes that are both profitable and sustainable - unlocking value-accretive and responsible production growth in future-enabling metals and minerals. Duncan Wanblad, Chief Executive of Anglo American, said: "Sustainability, innovation and operating responsibly are embedded into our strategy: from day-to-day operational decisions to portfolio choices. We believe this approach is a pre-requisite for sustainable value creation and is integral to our DNA as a company. Our aim is to reliably and responsibly provide metals and minerals that are required to decarbonise our planet and that are also the building blocks of modern life - from housing to food - for ever more people." Helena Nonka, Anglo American's Strategy & Sustainability Director, added: "By integrating sustainability and innovation in our FutureSmart Mining programme, we believe we are uniquely positioned to deliver the numerous growth opportunities within our portfolio, as well as others that we aim to secure over time, while our more focused portfolio will allow that growth to be more transparently valued in the market. With many of the world's undeveloped copper resources sterilised due to environmental and community constraints, we continue to find innovative ways to unlock those and other opportunities for all stakeholders. While each undeveloped resource has its own physical and social characteristics, we have shown what can be achieved when genuine dialogue, collaboration and trust are combined with the required technical and sustainability competencies built up over time to deliver profitable outcomes and enduring value for - stakeholders." Patricio Hidalgo, CEO of Anglo American in Chile, commented: "Across our world-class copper portfolio we continue to focus on delivering production as responsibly and as profitably as possible. Sustainability considerations are embedded into our strategy and support our permitting track record - including with respect to water, which is the greatest sustainability challenge in our region. With this in mind, we are pulling together all our accumulated expertise to deliver innovative water solutions, such as our Integrated Water Security Project at Los Bronces and the rollout of our patented Hydraulic Dewatered Stacking (HDS) technology at El Soldado. Both are critical to our licence to operate, while we expect HDS has the potential to transform the nature of tailings and land rehabilitation in our industry, demonstrating to shareholders, communities, governments and customers what responsible mining really can look like. Sustainable Mining Plan Anglo American's longstanding and holistic approach to sustainability helps to build trust with our employees and stakeholders across society, reduces operational risk and delivers direct financial value for our business. Our reputation as a responsible mining company supports our ability to access future resource development opportunities, both from the significant endowments within our business and more broadly - critical to delivering our growth ambitions while also allowing us to attract impact finance partners to deliver sustainability outcomes far beyond our own financial investments Anglo American plc 17 Charterhouse Street, London, EC1N 6RA, United Kingdom Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number: 3564138 Legal Entity Identifier: 549300S9XF92D1X8ME43 Our Sustainable Mining Plan is designed to be a flexible, living plan and we continue to evolve it and optimise the delivery pathways as we learn and make progress and as technologies develop, while also ensuring it stays relevant and suitably stretching, in tune with our stakeholders' and employees' expectations for our business. We are updating the Sustainable Mining Plan to reflect Anglo American's future portfolio composition that was announced in May 2024. We continue to ensure that our sustainability ambitions deliver the tangible value for our many stakeholders and we will set out an update when we have completed the review, likely only once the portfolio simplification has made further progress during 2025. Sustainability Performance Presentation Today's Sustainability Performance presentation will be available on the Anglo American website https://www.angloamerican.com/investors/investor-presentations at 12.30pm UK time, with the presentation itself starting at 1.30pm UK time. A full recording will be available following the presentation at: www.angloamerican.com/investors/investor-presentations. For further information, please contact: Media UK James Wyatt-Tilby james.wyatt-tilby@angloamerican.com Tel: +44 (0)20 7968 8759 Marcelo Esquivel marcelo.esquivel@angloamerican.com Tel: +44 (0)20 7968 8891 Rebecca Meeson-Frizelle rebecca.meeson-frizelle@angloamerican.com Tel: + 44 (0)20 7968 1374 South Africa Nevashnee Naicker nevashnee.naicker@angloamerican.com Tel: +27 (0)11 638 3189 Investors UK Tyler Broda tyler.broda@angloamerican.com Tel: +44 (0)20 7968 1470 Michelle West-Russell michelle.west-russell@angloamerican.com Tel: +44 (0)20 7968 1494 Asanda Malimba asanda.malimba@angloamerican.com Tel: +44 (0)20 7968 8480 Notes: Anglo American is a leading global mining company focused on the responsible production of copper, premium iron ore and crop nutrients - future-enabling products that are essential for decarbonising the global economy, improving living standards, and food security. Our portfolio of world-class operations and outstanding resource endowments offers value-accretive growth potential across all three businesses, positioning us to deliver into structurally attractive major demand growth trends. Our integrated approach to sustainability and innovation drives our decision-making across the value chain, from how we discover new resources to how we mine, process, move and market our products to our customers - safely, efficiently and responsibly. Our Sustainable Mining Plan commits us to a series of stretching goals over different time horizons to ensure we contribute to a healthy environment, create thriving communities and build trust as a corporate leader. We Anglo American plc 17 Charterhouse Street, London, EC1N 6RA, United Kingdom Registered office as above. Incorporated in England and Wales under the Companies Act 1985. Registered Number: 3564138 Legal Entity Identifier: 549300S9XF92D1X8ME43 work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for our shareholders, for the benefit of the communities and countries in which we operate, and for society as a whole. Anglo American is re-imagining mining to improve people's lives. Anglo American is currently implementing a number of major structural changes to unlock the inherent value in its portfolio and thereby accelerate delivery of its strategic priorities of Operational excellence, Portfolio simplification, and Growth. This portfolio transformation will focus Anglo American on its world-class resource asset base in copper, premium iron ore and crop nutrients, once the sale of our steelmaking coal and nickel businesses, the demerger of our PGMs business (Anglo American Platinum), and the separation of our iconic diamond business (De Beers) have been completed. www.angloamerican.com In this document, references to "Anglo American", the "Anglo American Group", the "Group", "we", "us", and "our" are to refer to either Anglo American plc and its subsidiaries and/or those who work for them generally, or where it is not necessary to refer to a particular entity, entities or persons. The use of those generic terms herein is for convenience only, and is in no way indicative of how the Anglo American Group or any entity within it is structured, managed or controlled. Anglo American subsidiaries, and their management, are responsible for their own day-to-day operations, including but not limited to securing and maintaining all relevant licences and permits, operational adaptation and implementation of Group policies, management, training and any applicable local grievance mechanisms. Anglo American produces group-wide policies and procedures to ensure best uniform practices and standardisation across the Anglo American Group but is not responsible for the day to day implementation of such policies. Such policies and procedures constitute prescribed minimum standards only. Group operating subsidiaries are responsible for adapting those policies and procedures to reflect local conditions where appropriate, and for implementation, oversight and monitoring within their specific businesses. Disclaimer This document is for information purposes only and does not constitute, nor is to be construed as, an offer to sell or the recommendation, solicitation, inducement or offer to buy, subscribe for or sell shares in Anglo American or any other securities by Anglo American or any other party. Further, it should not be treated as giving investment, legal, accounting, regulatory, taxation or other advice and has no regard to the specific investment or other objectives, financial situation or particular needs of any recipient. Forward-looking statements and third party information This document includes forward-looking statements. All statements other than statements of historical facts included in this document, including, without limitation, those regarding Anglo American's financial position, business, acquisition and divestment strategy, dividend policy, plans and objective

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Annual Revenue
$10-50B
Employees
100K-9.9M
Duncan Wanblad's photo - CEO of Anglo American

CEO

Duncan Wanblad

CEO Approval Rating

79/100

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