Anglo American Plc · LSE:AAL
Anglo American — Shareholder Meeting (May 2021)
14 slides from Anglo American's shareholder meeting presentation, May 5, 2021
Slide 1: Annual General Meeting
Annual General Meeting Mark Cutifani, Chief Executive 5 May 2021
Slide 2: Comprehensive Covid-19 response
Comprehensive Covid-19 response Responsible & Holistic Approach “WeCare” Operations Recovery | | Operating Practices Lives & Livelihoods Safe & Disciplined Prevention & Care
Slide 3: Anglo American
111 3.6 101 3.2 96 6 2.7 11 2.2 2.1 9 4 39 5 30 2 4 2 1 1 Anglo American
Slide 4: FY 2020 results
FY 2020 results 10%Y $9.8bn 43% EBITDA Mining EBITDA margin 2% NY $1 OO/share 1 7% Dividends ROCE
Slide 5: Balanced capital allocation framework
Balanced capital allocation framework 2020 allocation of capital $2.7bn Sustaining attributable free cash flow $1.2bn FY 2020 dividend at 40% of underlying earnings Discretionary capital options Portfolio upgrade Future project options Additional shareholder returns $2.4bn Discretionary options: gro
Slide 6: Our continuing improvement journey
Our continuing improvement journey Portfolio Restructuring P101 Cost & Volume Technical Reconfiguration Incremental Growth & Debottlenecking Operating Model & Processes New Projects Mining EBITDA margin8 H2 2020 47% H1 2020 38% 43% 45-50% 35% 2016 2020 2023F 6
Slide 7: Improvement initiatives on track for 2022 delivery
Improvement initiatives on track for 2022 delivery Operating Model & P101 Technology & Innovation Project Delivery Copper mine & plant performance ✓ Predictive Maintenance ✓ On track… ✓ Minas-Rio ramp up ✓ Next… Quellaveco Next… Bulk Ore Sorting rollout Marine Namibia Diamonds Operational stability
Slide 8: Portfolio: supporting decarbonisation and consumer demand
Portfolio: supporting decarbonisation and consumer demand Greener World Electrified World Consumer World Cu Eq production i 1 155% 1 Future ; Enabling eae Anglo American Nickel & manganese Crop nutrients Ry, 1 1~65% Future _¢” Enabling
Slide 9: Innovation: a safer, cleaner, smarter future
Innovation: a safer, cleaner, smarter future Anglo American our Strategy, \anovation Sustainability Sustainable Mining Plan Concentrated SE Waterless Mine BZ Mine Healthy es ey Environment \ i Corporate Leader Modem 828. Intelligent : Planningand DN bite 583 Mine Implementation Hi, Spatial Analysis
Slide 10: Active route to a greener world
Active route to a greener world 2020 2021-22 2030 2040 + + + + 3% SAThermalCoal ¥ | 30% 30% Carbon energy In progress improvementin net reduction in neutral efficiency energy efficiency GHG emissions V South America across our 22% / electricity supply sites Net operations saving in GHG 100% v wo ° c
Slide 11: People: promoting an inclusive and diverse work environment
People: promoting an inclusive and diverse work environment Holistic strategy to attract, retain and develop talent Inclusive leadership Top 50 most inclusive companies in the UK Valued & respected colleagues Listed in Bloomberg Gender Equality Index Safe & enabling environment Awareness & action on
Slide 12: Anglo American
27% 24% 21% 18% 15% Anglo American
Slide 13: Re-imagining mining to improve people's lives
Re-imagining mining to improve people's lives Effectiveness Efficiency Sustainability >10% 15-20% 7 Pillars of Value Free Cash Flow ROCE embedded <i Bie GP Koval rig Integrity oY, Accountability i Collaboration @ Innovation Anglo American
Slide 14: Thank you
Thank you www.angloamerican.com