Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
(“Kumba” or “the Company”)

ACCEPTANCE OF SHARE AWARDS BY DIRECTORS AND COMPANY SECRETARY

In terms of the JSE Limited Listings Requirements, the following information is disclosed pursuant to the grant and acceptance of forfeitable shares in
terms of the Rules of the Company’s Bonus and Retention Plan (“BRP”) and conditional share awards in terms of the Company’s Performance Share Plan
(“PSP”):

Company:                         Kumba Iron Ore Limited
Date of transaction:             14 March 2023
Class of securities:             Ordinary shares
Nature of interest:              Direct beneficial
Clearance obtained:              Yes

Director:                        Nompumelelo Dessederia Zikalala
Nature of transaction:           Off market acceptance of forfeitable shares
Number of shares:                9,297
                                 (33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that
                                 the director remains in the employ of the Anglo American plc group of companies)
Award price per share*:          R518.91
Value of transaction:            R4,824,306.27



Director:                        Bothwell Anesu Mazarura
Nature of transaction:           Off market acceptance of forfeitable shares
Number of shares:                3,049
                                 (33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the director
                                 remains in the employ of the Anglo American plc group of companies)
Award price per share*:          R518.91
Value of transaction:            R1,582,156.59



Company Secretary:               Fazila Patel
Nature of transaction:           Off market acceptance of forfeitable shares
Number of shares:                1,327
                                 (33.33% of the shares vest after 2 years and the remaining 66.67% vest after 3 years provided that the
                                 company secretary remains in the employ of the Anglo American plc group of companies)
Award price per share*:          R518.91
Value of transaction:            R688,593.57

Director:                        Nompumelelo Dessederia Zikalala
Nature of transaction:           Off market acceptance of conditional share awards
Number of shares:                24,422
                                 (Shares vest after 3 years upon certain performance criteria being met in terms of the PSP. Subsequent to the
                                 vesting period an additional 2-year holding period will apply during which the vested shares will be held in
                                 escrow)
Award price per share*:          R518.91
Value of transaction:            R12,672,820.00
Director:                        Bothwell Anesu Mazarura
Nature of transaction:           Off market acceptance of conditional share awards
Number of shares:                14,085
                                 (Shares vest after 3 years upon certain performance criteria being met in terms of the PSP. Subsequent to the
                                 vesting period an additional 2-year holding period will apply during which the vested shares will be held in
                                 escrow)
Award price per share*:          R518.91
Value of transaction:            R7,308,847.35

* Award price per share is based on a 3-day VWAP ended 23 February 2023 of a Kumba share. The highest and lowest prices traded for Kumba shares
over each day were as follows:

Date                             Highest price        Lowest price
                                 per share            per share

21 February 2023                R552.07              R520.01
22 February 2023                R537.06              R498.18
23 February 2023                R522.72              R502.00



Rosebank
14 March 2023



Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

Company Secretary
Fazila Patel
fazila.patel@angloamerican.com
Tel: +27 683 7063
Mobile: +27 83 297 2293
Investors                                                                Media
Penny Himlok                                                             Sinah Phochana
penny.himlok@angloamerican.com                                           sinah.phochana@angloamerican.com
Tel: +27 12 622 8324                                                     Tel: +27 12 683 7019
Mobile: +27 82 781 1888                                                  Mobile: +27 76 066 0655

Notes to editors:
Kumba Iron Ore Limited, a member of the Anglo American plc group, is a leading value-adding supplier of high quality iron ore to the global steel
industry. Kumba produces iron ore in South Africa at Sishen and Kolomela mines in the Northern Cape Province. Kumba exports iron ore to customers
around the globe including in China, Japan, South Korea and a number of countries in Europe and the Middle East.
www.angloamericankumba.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 operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a
cleaner, greener, more sustainable world and that meet the fast growing every day demands of billions of consumers. With our people at the heart of
our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to
our customers – safely and sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, premium quality iron ore and steelmaking coal, and nickel –
with crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining
Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities and building trust as a
corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for
the benefit of the communities and countries in which we operate, for society as a whole, and for our shareholders. Anglo American is re-imagining
mining to improve people’s lives.
www.angloamerican.com