ANGLO AMERICAN PLATINUM LIMITED - PGM Production Report for the fourth quarter ending 31 December 2020

            
AMS
PGM Production Report for the fourth quarter ending 31 December 2020

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(The Company" or "Anglo American Platinum")


28 January 2021

ANGLO AMERICAN PLATINUM LIMITED
PGM PRODUCTION REPORT FOR THE FOURTH QUARTER ENDING 31 DECEMBER 2020


OVERVIEW - Q4 2020 performance against prior period Q4 2019


 Safety performance  there were no work-related fatalities in Q4 2020 at own-managed operations.
 Covid-19 protocols are embedded, and own-managed operations reached 100% of normal production
   capacity by the end of the quarter.
 PGM production at own-managed mines decreased by 8% to 617,800 ounces due to the closure of mined-
   out infrastructure at Amandelbult and community-related disruptions at Mogalakwena. Unki and Mototolo
   delivered strong production.
 Joint operations PGM production (mined and purchase of concentrate) decreased by 14% to 198,000
   ounces. This was largely due to self-imposed safety stoppages at Modikwa following the fatal incidents, as
   well as unprotected strike action at both Kroondal and Modikwa.
 Refined PGM production, excluding tolling, decreased by 49% to 673,100 ounces. The lower output was
   due to the Anglo Converter Plant (ACP) unit B closure in the quarter.
 Completed repair of ACP Phase A  ahead of schedule and safely recommissioned on 24 November 2020.
 Total PGM sales volumes decreased 24% to 1,125,100 ounces largely due to lower refined production. The
   decline was offset by a drawdown of refined inventory and trading activities to mitigate the impact to
   customers.

Natascha Viljoen, CEO of Anglo American Platinum, said:


We had no work-related fatalities at our own-managed operations during the quarter, however we did see a
regression in our safety performance as the uncertainty relating to Covid-19 impacted on stability at the
operations. Mitigation plans throughout the quarter significantly improved our performance by year-end, but the
average for the quarter was higher than Q4 2019. Tragically, we had a work-related fatality at our independently
managed joint operation, Modikwa. We extend our deepest condolences to the family and friends of Mr. Johannes
Mahlalela. The safety and health of our employees is our first priority and our focus remains on the elimination of
fatalities, adherence to Covid-19 measures, including extensive screening and testing protocols, at our operations.
Production performance was strong considering the ongoing implications of Covid-19. We reached 100% normal
capacity by the end of the quarter, due to protocols being embedded and work routines put in place. Whilst refined
production was lower, we successfully and safely completed the rebuild of the ACP Phase A unit ahead of
schedule and recommissioned the plant on 24 November 2020. We were able to reduce the impact of lower
refined production on sales by drawing down on refined inventory as well as utilising trading activities to mitigate
the impact to customers. As part of our Covid-19 protocols, we have put additional measures in place to test and
screen employees returning from hotspot areas after the December break. The second wave of Covid-19 has led
to an increase in employee infection rates, however we are past the peak and are starting to see a reduction in
active cases. As a result, we are currently operating at ~90% of normal production capacity.


 Anglo American Platinum                                                                                                   Q4 2020    Q4 2020                        FY 2020
 PGM Production Report - Q4 2020                                 Q4             Q3              Q2       Q1       Q4          vs        vs        FY        FY         vs
 1 October 2020 - 31 December 2020                              2020           2020            2020     2020     2019      Q4 2019    Q3 2020    2020      2019      FY 2019
 M&C PGM production (000 oz)
   Own managed mines                                               617.8         652.0          379.4    560.2    675.1       (8)%       (5)%    2,209.4   2,552.3     (13)%
   Joint operations owned volume                                    99.0          95.3           50.8     94.4    115.6      (14)%        4%      339.5     459.0      (26)%
   Joint operations purchase of concentrate                         99.0          95.3           50.8     94.4    115.6      (14)%        4%      339.5     459.0      (26)%
   Third party purchase of concentrate                            260.20         270.2          184.1    205.9    246.3        6%        (4)%     920.4     970.6       (5)%
 Total M&C PGM production                                       1,076.1      1,112.9           665.1    954.8   1,152.7       (7)%       (3)%   3,808.9   4,440.8      (14)%

 Refined PGM production owned (000 oz)                            673.1      1,020.7           407.0    612.2   1,317.4      (49)%      (34)%   2,713.0   4,650.0      (42)%
 4E Toll refined production                                        146.5         129.4           96.0    131.6    174.7      (16)%       13%      503.5     496.9           1%
 Total refined production (Owned and toll)                         819.7      1,150.0           503.0    743.9   1,492.1     (45)%      (29)%    3,216.6   5,150.9     (38)%

 PGM Sales volume from production (000 oz)                        754.3         884.9          548.0    681.3   1,425.3      (47)%      (15)%   2,868.5   4,633.7      (38)%
 Trading sales volume                                             370.8         341.0          210.5    248.6     54.3      583%         9%     1,171.0    349.0       235%
 Total sales volume (production and trading)                     1,125.1      1,225.9           758.5    929.9   1,479.6     (24)%       (8)%    4,039.5   4,982.7     (19)%

  PGM is the sum total of platinum, palladium, rhodium, iridium, ruthenium and gold ounces.
  Referencing AAP guidance.
  Trading sales volume - not produced by Anglo Platinum operations.




REVIEW OF THE QUARTER


SAFETY

Anglo American Platinum reported zero loss of life during the quarter at its own-managed operations. Tragically,
our independently-managed joint operation, Modikwa, had a loss of life. Mr Johannes Mahlalela, a team leader,
sustained an injury to his right arm on 7 October and was stable post an operation. Sadly, he collapsed in hospital
on 11 October 2020 and subsequently passed away. We once again extend our deepest condolences to his
family, friends and colleagues, and are steadfast in eliminating fatalities.

The Total Recordable Case Frequency Rate (TRCFR) per million hours at managed operations for the quarter
regressed to 2.25 per million hours, compared to 1.79 per million hours in Q4 2019. Measures put in place
following the fatal incident in September resulted in a steady decrease in TRCFR in the quarter to 1.77 in
December 2020. The positive trend was due to the implementation of mitigation plans, which included greater
risk management, an increase in management time at the operations and safety stoppages to strengthen our
elimination of fatalities work and address the increase in TRCFR. In addition, a large focus was placed on
ensuring mental wellness. The uncertainty related to direct Covid-19 infections and the growing infection rate has




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led to mental strain on employees and impacted stability at the operations, which is evident in the deterioration
of the TRCFR. Human factors and mental health are a key focus area given their impact on behaviour at work.




PGM PRODUCTION

Total PGM production of 1,076,100 ounces decreased 7% against Q4 2019, with safety controls and restrictions
remaining in place to protect employees from Covid-19. Platinum and palladium production was down 6% to
497,800 ounces and 338,400 ounces respectively.


PGM production from own managed mines

PGM production at Mogalakwena decreased by 3% to 306,700 ounces, as continued strong operational
performance was impacted by community unrest that resulted in fewer milling shifts as employees were not able
to get to work, as well as minor operational issues at the North concentrator plant. These issues both led to lower
milled volumes. Platinum production decreased by 5% to 129,500 ounces and palladium production decreased
by 3%, to 141,700 ounces.

Amandelbult PGM production was down 22% to 185,500 ounces as the Tumela Upper section and surface
production come to the end of their life of mine. These sections contributed 11,600 PGM ounces and 12,400
PGM ounces respectively in Q4 2019, with the balance largely due to self-imposed safety stoppages following
the fatality in Q3 2020. Platinum production decreased by 22% to 93,400 ounces and palladium production
decreased by 21%, to 44,000 ounces.

Mototolo PGM production increased by 4% to 69,800 ounces due to higher throughput resulting from improved
concentrator runtime and plant stability, as well as an improvement in the 4E built-up head grade as the prior
period had geological features that negatively impacted grade. Platinum production increased by 4% to 32,100
ounces and palladium increased by 6% to 20,200 ounces.

Unki PGM production increased by 7% to 55,800 ounces, largely due to higher 4E built-up head grade and higher
throughput. Platinum production increased by 6% to 24,600 ounces and palladium production increased by 10%
to 22,000 ounces.



PGM production from joint operations (50% own-mined production and 50% purchase of concentrate)

PGM production from joint operations decreased by 14% to 198,000 ounces. Platinum production decreased by
13% to 90,200 ounces and palladium production decreased by 17% to 56,200 ounces.

Modikwa PGM production decreased by 31% to 49,800 ounces, due to the safety stoppages following the tragic
work-related fatalities in September and October, as well as an unprotected employee strike in November due to
the misinterpretation of housing-related benefits which were overpaid in the prior quarter. Platinum production
decreased by 30% to 19,600 ounces and palladium decreased by 31% to 18,600 ounces.



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Kroondal PGM production decreased by 7% to 148,200 ounces also as a result of an unprotected strike by
contractors installing underground support in November due to salary-related concerns. Platinum decreased by
6% to 70,700 ounces and palladium production decreased by 8% to 37,800 ounces.




REFINED PGM PRODUCTION

Refined PGM production from own material (excluding toll-treated material) decreased by 49% to 673,100 ounces,
as the ACP Phase B unit was closed earlier than planned on 5 November 2020 to ensure an ongoing safe
operating environment, protect employees and protect the integrity of the plant. The rebuild of the ACP Phase A
unit was successfully completed ahead of schedule on 24 November 2020, with first converter matte dispatched
to the Base Metal Refinery for further processing on 7 December 2020. The ACP Phase A unit continues to
perform well and in line with normal operating expectations. The ACP Phase B unit is now undergoing its
expected full rebuild that is scheduled to be completed in the second half of 2021 at an estimated capital cost of
R550-R600 million.

The ACP stoppages during 2020 have resulted in an increase in work-in-progress inventory of ~1.0 million PGM
ounces, which is expected to be released over the next 24 months.

Refined platinum production decreased by 53% to 296,400 ounces and refined palladium production decreased
by 48% to 206,800 ounces.

Toll refined 4E production decreased 16% to 146,500 ounces due to lower inputs received and the impact of the
ACP interruptions.


PGM SALES VOLUMES

PGM sales volume from production (excluding trading activities) decreased by 47% to 754,300 ounces, driven
by lower refined production, but partially offset by a drawdown of refined inventory. Platinum sales volume
decreased by 53% to 311,200 ounces and palladium sales volumes decreased by 41% to 258,200 ounces.

PGM sales volume from trading increased 583% to 370,800 (platinum trading volumes increased to 176,300
ounces and palladium trading volumes increased to 172,800 ounces), to support customers following a reduction
in refined metal production.




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Anglo American Platinum                                                                   Q4 2020    Q4 2020                         FY 2020
PGM Production Report - Q4 2020        Q4        Q3        Q2           Q1       Q4          vs        vs         FY        FY         vs
1 October 2020 - 31 December 2020     2020      2020      2020         2020     2019      Q4 2019    Q3 2020     2020      2019      FY 2019
Total M&C PGM production     000 oz   1,076.1   1,112.9    665.1        954.8   1,152.7       (7)%       (3)%    3,808.9   4,440.8      (14)%
  Platinum                   000 oz    497.8     516.5     307.4        440.9    531.7        (6)%       (4)%    1,762.6   2,050.8      (14)%
  Palladium                  000 oz    338.4     352.2     228.3        303.2    360.3        (6)%       (4)%    1,222.1   1,385.9      (12)%
Tonnes milled                000       6,736     6,952     4,665        6,498    7,454       (10)%       (3)%    24,852    28,932       (14)%
4E Built-up head grade       g/t        3.67      3.65      3.44         3.44     3.67        (0)%        0%       3.56      3.62        (2)%
Own mined volume
Total mined production
Total M&C PGM production     000 oz    716.8     747.3     430.2        654.6    790.7        (9)%       (4)%    2,548.9   3,011.3      (15)%
  Platinum                   000 oz    324.7     337.8     188.7        299.4    361.9       (10)%       (4)%    1,150.6   1,378.3      (17)%
  Palladium                  000 oz    256.0     266.8     173.3        233.0    275.0        (7)%       (4)%     929.1    1,049.2      (11)%
Tonnes milled                000       6,736     6,952     4,666        6,498    7,454       (10)%       (3)%    24,851    28,932       (14)%
4E Built-up head grade       g/t        3.67      3.65      3.44         3.44     3.67        (0)%        0%       3.56      3.62        (2)%
Own managed mines
Total M&C PGM production     000 oz    617.8     652.0     379.4        560.2    675.1        (8)%       (5)%    2,209.4   2,552.3      (13)%
  Platinum                   000 oz    279.6     295.1     166.0        257.5    310.1       (10)%       (5)%     998.2    1,172.5      (15)%
  Palladium                  000 oz    227.9     238.6     158.5        204.6    241.0        (5)%       (4)%     829.6     914.7        (9)%
Tonnes milled                000       5,929     6,190     4,264        5,708    6,480        (9)%       (4)%    22,092    25,179       (12)%
4E Built-up head grade       g/t        3.67      3.64      3.41         3.38     3.66         0%         1%       3.54      3.60        (2)%
Mogalakwena mine
Total M&C PGM production     000 oz    306.7     315.0     277.6        282.3    317.5        (3)%       (3)%    1,181.6   1,215.0       (3)%
  Platinum                   000 oz    129.5     132.0     117.3        121.9    135.8        (5)%       (2)%     500.7     517.5        (3)%
  Palladium                  000 oz    141.7     146.0     128.9        128.7    146.0        (3)%       (3)%     545.3     557.9        (2)%
Tonnes milled                000       3,367     3,613     3,301        3,250    3,488        (3)%       (7)%   13,531.2   13,710        (1)%
4E Built-up head grade       g/t        3.46      3.31      3.31         3.18     3.51        (1)%        5%       3.32      3.45        (4)%
Amandelbult mine
Total M&C PGM production     000 oz    185.5     204.8      50.1        167.7    238.7       (22)%       (9)%     608.1     893.3       (32)%
  Platinum                   000 oz     93.4     102.8      25.3         85.5    120.1       (22)%       (9)%     307.0     453.6       (32)%
  Palladium                  000 oz     44.0      48.3      11.7         39.1     56.0       (21)%       (9)%     143.1     208.9       (31)%
Tonnes milled                000       1,365     1,405      380         1,366    1,824       (25)%       (3)%    4,515.8    7,057       (36)%
4E Built-up head grade       g/t        4.31      4.59      4.25         3.88     4.15         4%        (6)%      4.26      4.05         5%
Unki mine
Total M&C PGM production     000 oz     55.8      60.0      31.3         49.0     52.0         7%        (7)%     196.1     201.7        (3)%
  Platinum                   000 oz     24.6      27.0      13.9         21.8     23.3         6%        (9)%      87.3      89.4        (2)%
  Palladium                  000 oz     22.0      23.6      12.1         19.6     20.0        10%        (7)%      77.3      79.2        (2)%
Tonnes milled                000         550       515      378          516       545         1%         7%     1,959.6    2,092        (6)%
4E Built-up head grade       g/t        3.62      3.65      3.64         3.41     3.41         6%        (1)%      3.58      3.45         4%
Mototolo mine
Total M&C PGM production     000 oz     69.8      72.2      20.4         61.2     66.9         4%        (3)%     223.6     242.3        (8)%
  Platinum                   000 oz     32.1      33.3       9.5         28.3     30.9         4%        (4)%     103.2     112.0        (8)%
  Palladium                  000 oz     20.2      20.7       5.8         17.2     19.0         6%        (2)%      63.9      68.7        (7)%
Tonnes milled                000         646       657      206          576       624         4%        (2)%    2,084.9    2,320       (10)%
4E Built-up head grade        g/t       3.40      3.41      3.13         3.27     3.30         3%        (0)%      3.34      3.23         3%
Joint operations mined production
Total M&C PGM production     000 oz     99.0      95.3      50.8         94.4    115.6       (14)%        4%      339.5     459.0       (26)%
  Platinum                   000 oz     45.1      42.7      22.7         41.9     51.8       (13)%        6%      152.4     205.8       (26)%
  Palladium                  000 oz     28.1      28.2      14.8         28.4     34.0       (17)%       (0)%      99.5     134.5       (26)%
Tonnes milled                000         808       762      401          790       974       (17)%        6%     2,759.9    3,754       (26)%
4E Built-up head grade       g/t        3.67      3.75      3.70         3.86     3.75        (2)%       (2)%      3.75      3.73         0%
Modikwa mine
Total M&C PGM production     000 oz     24.9      30.7      15.9         35.8     35.9       (31)%      (19)%     107.3     145.5       (26)%
  Platinum                   000 oz       9.8     12.0       6.2         14.1     14.1       (30)%      (18)%      42.1      57.1       (26)%
  Palladium                  000 oz       9.3     11.6       6.0         13.5     13.5       (31)%      (20)%      40.4      54.5       (26)%
Tonnes milled                000         204       247      130          250       272       (25)%      (17)%     831.0     1,118       (26)%
4E Built-up head grade       g/t        3.78      3.84      3.83         4.25     4.05        (7)%       (2)%      3.95      4.04        (2)%
Kroondal mine
Total M&C PGM production     000 oz     74.1      64.6      43.1         58.5     79.7        (7)%       15%      240.3     313.5       (23)%
  Platinum                   000 oz     35.4      30.7      19.8         27.9     37.7        (6)%       15%      113.7     148.6       (23)%
  Palladium                  000 oz     18.9      16.6      10.5         14.9     20.5        (8)%       14%       60.9      80.0       (24)%
Tonnes milled                000         603       515      271          540       701       (14)%       17%     1,928.9    2,636       (27)%
4E Built-up head grade       g/t        3.63      3.70      3.63         3.68     3.64        (0)%       (2)%      3.67      3.60         2%




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 Anglo American Platinum                                                                                                        Q4 2020       Q4 2020                          FY 2020
 PGM Production Report - Q4 2020                         Q4               Q3          Q2                Q1             Q4          vs           vs         FY         FY         vs
 1 October 2020 - 31 December 2020                      2020             2020        2020              2020           2019      Q4 2019       Q3 2020     2020       2019      FY 2019
 Purchase of concentrate
 Total purchase of concentrate production
 PGM production                          000 oz           359.2           365.5          234.9          300.3          361.9         (1)%         (2)%    1,259.9    1,429.6      (12)%
   Platinum                              000 oz           173.1           178.7          118.7          141.5          169.8          2%          (3)%     612.0      672.5        (9)%
   Palladium                    000 oz                     82.4            85.4           55.0           70.2           85.3         (3)%         (4)%     293.0      336.7       (13)%
 Joint operations purchase of concentrate
 PGM production                          000 oz            99.0            95.3           50.8           94.4          115.6        (14)%          4%      339.5      459.0       (26)%
   Platinum                              000 oz            45.1            42.7           22.7           41.9           51.8        (13)%          6%      152.4      205.8       (26)%
   Palladium                   000 oz        28.1                          28.2           14.8           28.4           34.0        (17)%         (0)%      99.5      134.5       (26)%
 Third party purchase of concentrate production
 PGM production                          000 oz           260.2           270.2          184.1          205.9          246.3          6%          (4)%     920.4      970.6        (5)%
   Platinum                              000 oz           128.0           136.0           96.0           99.6          118.0          8%          (6)%     459.6      466.7        (2)%
   Palladium                             000 oz            54.3            57.2           40.2           41.8           51.3          6%          (5)%     193.5      202.2        (4)%




 Anglo American Platinum                                                                                                            Q4 2020    Q4 2020                         FY 2020
 PGM Production Report - Q4 2020                              Q4             Q3             Q2             Q1            Q4            vs        vs         FY         FY        vs
 1 October 2020 - 31 December 2020                           2020           2020           2020           2020          2019        Q4 2019    Q3 2020     2020       2019     FY 2019
 Refined PGM production owned (000 oz)
 PGM ounces                             000 oz                 673.1        1,020.7         407.0             612.2     1,317.4       (49)%       (34)%    2,713.0   4,650.0      (42)%
   Platinum                             000 oz                 296.4             503.8      160.6             240.3      629.7        (53)%       (41)%    1,201.1   2,210.9      (46)%
   Palladium                            000 oz                 206.8             354.1      147.4             197.1      396.6        (48)%       (42)%     905.4    1,480.5      (39)%
   Minor PGMs and gold                  000 oz                 170.0             162.8       99.0             174.9      291.0        (42)%         4%      606.7      958.5      (37)%
 Base metal production
   Nickel                               tonnes                 3,709             5,039      1,997             3,129      6,388        (42)%       (26)%    13,874     23,036      (40)%
   Copper                               tonnes                 2,974             2,838      1,533             3,015      4,157        (28)%         5%     10,359     14,211      (27)%
   Chrome                               000 t                  229.1             295.8       64.6             196.4      247.6         (7)%       (23)%     785.9      908.7      (14)%
 Toll refined production
   4E                                   000 oz                 146.5             129.4       96.0             131.6      174.7        (16)%        13%      503.5      496.9          1%
   Platinum                             000 oz                    89.2            75.7       58.4              78.6      104.4        (15)%        18%      301.9      303.2       (0)%
   Palladium                            000 oz                    46.3            35.5       30.0              40.4          54.0     (14)%        31%      152.2      154.4       (1)%
 PGM Sales volume from production (000 oz)
 PGM ounces                             000 oz                 754.3             884.9      548.0             681.3     1,425.3       (47)%       (15)%    2,868.5   4,633.7      (38)%
   Platinum                             000 oz                 311.2             448.5      195.7             239.9      668.4        (53)%       (31)%    1,195.3   2,215.1      (46)%
   Palladium                            000 oz                 258.2             261.7      160.9             222.5      435.8        (41)%        (1)%     903.3    1,520.7      (41)%
 Trading sales volume
 PGM ounces                             000 oz                 370.8             341.0      210.5             248.6          54.3     583%          9%     1,171.0     349.0      235%
   Platinum                             000 oz                 176.3             105.0       84.2              62.1          10.6    1571%         68%      427.5       46.1      828%
   Palladium                            000 oz                 172.8             214.6      123.1             169.2          42.8     304%        (20)%     679.7      262.2      159%
 Realised metal, Fx and realised basket prices

 Platinum                               (US$/oz)                  862             900            798           934           894       (4)%        (4)%       880        861          2%
 Palladium                              (US$/oz)               2,341             2,160      2,120             2,198      1,756         33%          8%      2,214      1,520       46%
 Rhodium                                (US$/oz)              14,430             9,851      8,947             8,703      5,519        161%         46%     10,628      3,810      179%
 Average Fx achieved on sales           ZAR/US$                15.80             16.84      18.08             15.36      14.68            8%       (6)%     16.34      14.50       13%
 US$ realised basket price              (/Pt oz)               6,067             3,447      4,920             6,010      3,187         90%         76%      4,885      2,819       73%
 ZAR realised basket price              (/Pt oz)              95,917            58,388     88,937         92,277        46,748        105%         64%     79,961     40,862       96%
 US$ realised basket price              (/PGM oz)              2,503             1,747      1,757             2,116      1,494         67%         43%      2,035      1,347       51%
 ZAR realised basket price              (/PGM oz)             39,569            29,595     31,765         32,489        21,921         81%         34%     33,320     19,534       71%
 (4) Trading sales volume - not produced by Anglo Platinum operations.




Sponsor:
Merrill Lynch South Africa Proprietary Limited

For further information, please contact:
Investors:                                                                           Media:
Emma Chapman                                                                         Jana Marais
(SA) +27 (0) 11 373 6239                                                             (SA) +27 (0) 11 638 2607
emma.chapman@angloamerican.com                                                       jana.marais@angloamerican.com


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Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer
of platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining,
smelting and refining operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum
Mine in Zimbabwe. Anglo American Platinum has a number of joint ventures with several historically
disadvantaged South African consortia as part of its commitment to the transformation of the mining industry.
Anglo American Platinum is committed to the highest standards of safety and continues to make a meaningful
and sustainable difference in the development of the communities around its operations.

www.angloamericanplatinum.com

Anglo American is a leading global mining company and our products are the essential ingredients in almost
every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped
resources provides the metals and minerals that enable a cleaner, more electrified world and that meet the fast
growing consumer-driven demands of the worlds developed and maturing economies. With our people at the
heart of our business, we use innovative practices and the latest technologies to discover new resources and
mine, process, move and market our products to our customers around the world  safely, responsibly and
sustainably.

As a responsible miner  of diamonds (through De Beers), copper, platinum group metals, iron ore, coal, nickel
and manganese  we are the custodians of what are precious natural resources. We work together with our
business partners and diverse stakeholders to unlock the sustainable value that those resources represent for
our shareholders, the communities and countries in which we operate, and for society as a whole. Anglo American
is re-imagining mining to improve peoples lives.

www.angloamerican.com




                                                       7

Date: 28-01-2021 09:00:00
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