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AngloGold Ashanti announces retirement of Chief Operating Officer

Published: 2023-06-23 18:21:25 ET
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AngloGold Ashanti Limited
(Incorporated in the Republic of South Africa)
Reg. No. 1944/017354/06
ISIN. ZAE000043485 – JSE share code: ANG
CUSIP: 035128206 – NYSE share code: AU
(“AngloGold Ashanti” or the “Company”)



NEWS RELEASE
ANGLOGOLD ASHANTI ANNOUNCES RETIREMENT OF CHIEF OPERATING OFFICER

AngloGold Ashanti today announced the retirement of Chief Operating Officer (COO) Ludwig Eybers
in December this year. This comes after 12 years with the company, capping a nearly four-decade
career in mining.

Ludwig joined AngloGold Ashanti in 2011 as Senior Vice President. He was COO of the International
portfolio outside Africa and latterly the COO for the entire portfolio of operations, where he has helped
drive our vision of sustainable mining.

Under Ludwig’s leadership, the company has achieved new safety records across our footprint. He has
championed a culture of safety excellence and continuous improvement that has reduced our injury
frequency rate by more than 50% since 2018 to among the lowest in the industry and also played a key
role in enabling a record fatality-free period of more than two years at the mines operated by the
company. He has also been instrumental in stabilising AngloGold Ashanti’s operational performance,
and embedding a new operating model across the business, all while overseeing the considerable
progress made on Obuasi Gold Mine’s redevelopment.

“On behalf of the Board of Directors and the Executive Committee, I would like to express our sincere
gratitude and appreciation to Ludwig for his remarkable contribution to AngloGold Ashanti for over a
decade”, said CEO Alberto Calderon. “We wish him all the best in his well-deserved retirement and his
future endeavours.”

Mr. Marcelo Godoy, Chief Technology Officer, will assume the role of interim COO from 1 July 2023,
and will work closely with Ludwig in the coming months to ensure a smooth transition until the permanent
COO is identified.

ENDS

23 June 2023
Johannesburg
JSE Sponsor: The Standard Bank of South Africa Limited


CONTACTS

Media

Andrea Maxey                  +61 08 9435 4603/ +61 400 072 199   amaxey@anglogoldashanti.com
General inquiries                                                 media@anglogoldashanti.com
Investors

Andrea Maxey            +61 08 9435 4603/ +61 400 072 199   amaxey@anglogoldashanti.com
Yatish Chowthee         +27 11 637 6273 / +27 78 364 2080   yrchowthee@anglogoldashanti.com

Website: www.anglogoldashanti.com