Kumba Iron Ore Limited · JSE:KIO
Kumba Iron Ore — Shareholder Meeting (May 2024)
14 slides from Kumba Iron Ore's shareholder meeting presentation, May 28, 2024
Slide 1: Annual General Meeting
[OFFICIAL] Annual General Meeting Terence Goodlace, Chairman 28 May 2024 KUMBA IRON ORE LIMITED
Slide 2: Annual General Meeting
[OFFICIAL] Annual General Meeting Mpumi Zikalala, Chief Executive 28 May 2024 KUMBA IRON ORE LIMITED
Slide 3: Disclaimer
[OFFICIAL] Disclaimer This presentation is for information purposes only and does not constitute an offer to sell or No assurance can be given that such future results will be achieved; actual events or the solicitation of an offer to buy shares in Kumba. Further, it does not constitute a results ma
Slide 4: Committed to safe and sustainable operations
[OFFICIAL] Committed to safe and sustainable operations Safety Health and wellness 1 Fatality Occupational diseases (new cases)1 LTI TRIFR 2.06 1.74 1.55 0.80 0.98 1 17 18 8 28 17 8 0 0 0 2019 2020 2021 2022 2023 2019 2020 2021 2022² 2023 Improvement programmes focusing on reducing Continued focus o
Slide 5: 2023 business overview
[OFFICIAL] 2023 business overview Safety EBITDA Attributable free cashflow 0.98 TRIFR R45.7bn R14.9bn 2022: 1.55 TRIFR 2022: R37.3bn¹ 2022: R10.4bn Production Enduring stakeholder value Dividend declared 35.7Mt R71.1bn R15.1bn 2022: 37.7Mt 2022: R63bn 2022: R14.5bn 1. Adjusted EBITDA represents net
Slide 6: Business reconfiguration to sustain our competitiveness
[OFFICIAL] Business reconfiguration to sustain our competitiveness Unlock the full Market volatility potential of the core Operating Logistics constraints • Leadership and culture • Cost competitiveness context Volume & cost pressures • Operational excellence Our Vision Reconfigure business Our Ou d
Slide 7: Our sustainable mining plan
[OFFICIAL] Our sustainable mining plan Global Sustainability Pillars aligned to the UN’s Sustainable Development Goals Trusted Healthy Environment Thriving Communities Corporate Leader Maintaining a healthy Building thriving Developing trust as environment by communities with a corporate leader, cre
Slide 8: Pathway to carbon emission reduction
[OFFICIAL] Pathway to carbon emission reduction Scope 1 and 2 carbon emissions reduction by 30% by 2030 Scope 3 reduction and customer 2030 goals1 Carbon emissions (Mt CO2) Total emissions by energy usage (%) (>30%) 50% target 0.97 H2-DRI 0.93 35% target H2-DRI 10% target H2 reduction Scope 2 Sishen
Slide 9: Continued focus on reducing freshwater use
[OFFICIAL] Continued focus on reducing freshwater use Freshwater used and supplied to communities (ML) Opportunities to reduce freshwater use Freshwater used Water supplied to communities • Diversion of water to 3rd parties (i.e., Vaal Central and surrounding communities) • Increasing the use of rec
Slide 10: Empowering & supporting our communities
[OFFICIAL] Empowering & supporting our communities 85 schools & Training colleges Local employment >76 000 learners supported >2 300 community members >39 000 jobs created since 2018 Small & medium enterprises Comprehensive health care Siyathemba 142 homes donated >500 beneficiaries incubation progr
Slide 11: Building trust as a corporate leader
[OFFICIAL] Building trust as a corporate leader Improved trust and Diversity and inclusivity B-BBEE scorecard (%) accountability IRMA 75 achieved at Sishen and Kolomela mines Inclusivity and diversity Core women in mining at 23% (2022: 17%) GBV – Living with Dignity Hub B-BBEE Level 5 scorecard Intr
Slide 12: Enduring stakeholder value of R71bn created
[OFFICIAL] Enduring stakeholder value of R71bn created BEE business Capital suppliers investment R23bn R9.9bn Income tax Host community R8.9bn suppliers R6.6bn Mineral royalty R2.0bn Salaries and Owners of benefits Kumba R7.0bn R15.1bn Employed from Empowerment Direct social N. Cape partners investm
Slide 13: Consistent delivery of shareholder returns
[OFFICIAL] Consistent delivery of shareholder returns Rbn 33.2 Value delivered 2019 - 2023 8.1 Total attributable free cashflow 19.6 R93.6bn 2.6 15.1 14.5 15.1 Total dividends paid 2.8 1.1 R97.5bn Average payout ratio 85% 17.1 20.7 30.5 10.4 14.9 12.3 17.0 25.1 13.4 15.1 2019 2020 2021 2022 2023 201
Slide 14: Sustaining our competitiveness & unlocking value
[OFFICIAL] Sustaining our competitiveness & unlocking value Business fundamentals Unlock value & position for the future Organisational Operational safety, Improving cost High quality Long-term effectiveness stability & capability competitiveness product premium stakeholder value 14