GLENCORE PLC (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN ISIN: JE00B4T3BW64 LEI: 2138002658CPO9NBH955 NEWS RELEASE Baar, 30 October 2023 Third Quarter 2023 Production Report Glencore Chief Executive Officer, Gary Nagle: “We are pleased to report a solid production performance from our underlying base business over the first nine months of the year, where our key copper, coal and zinc assets performed in line with expectations and previously communicated guidance. “Full year 2023 production guidance for copper, zinc, coal and cobalt remains in line with previous guidance, however nickel has been reduced to reflect, within the INO business, maintenance outages at the Sudbury smelter and a longer than expected recovery from 2022 strike action, together with a lower full-year revision for Koniambo. Ferrochrome production has also been marked lower, due to additional smelter off-line days on account of electricity pricing and load curtailments in South Africa, however chrome ore mining production is expected to only be modestly below 2022 levels. “In our Marketing segment, we continue to expect a full year 2023 Adjusted EBIT outcome above the top end of our $2.2-3.2 billion p.a. long-term guidance range, with a likely outcome within the previously communicated $3.5-4.0 billion range.” Production from own sources – Total1 YTD YTD 2023 2022 Change % Copper kt 735.8 770.5 (5) Cobalt kt 32.5 33.1 (2) Zinc kt 672.1 699.6 (4) Lead kt 133.6 136.9 (2) Nickel kt 68.4 81.6 (16) Gold koz 544 504 8 Silver koz 14,510 17,878 (19) Ferrochrome kt 873 1,110 (21) Coal mt 83.9 81.9 2 1 Controlled industrial assets and joint ventures only. Production is on a 100% basis, except as stated. Production highlights • Own sourced copper production of 735,800 tonnes was 34,700 tonnes (5%) lower than the comparable 2022 period, reflecting the sale of Cobar in June 2023 and lower copper by-product production outside the Copper department. • Own sourced cobalt production of 32,500 tonnes was in line with the comparable 2022 period. • Own sourced zinc production of 672,100 tonnes was 27,500 tonnes (4%) lower than the comparable 2022 period, mainly reflecting the 2022 disposals of South American zinc operations (23,600 tonnes) and the closure of Matagami (17,300 tonnes), offset by stronger production from Kazzinc (Zhairem) and Antamina. • Own sourced nickel production of 68,400 tonnes was 13,200 tonnes (16%) lower than the comparable 2022 period, primarily reflecting higher INO third party production (versus own sourced), in large part necessitated by the strike at Raglan mine in 2022. • Attributable ferrochrome production of 873,000 tonnes was 237,000 tonnes (21%) lower than the comparable 2022 period, mainly due to planned additional smelter offline days during the 3-month high electricity demand winter season, a period of elevated power prices. • Coal production of 83.9 million tonnes was broadly in line with the comparable 2022 period. Glencore Third Quarter 2023 Production Report 1 HIGHLIGHTS continued Production guidance Actual Actual Actual Previous Guidance FY FY FY guidance FY 2020 2021 2022 2023 2023 Copper kt 1,258 1,196 1,058 1,040 ± 30 1,040 ± 30 Cobalt kt 27.4 31.3 43.8 38 ± 5 38 ± 4 Zinc kt 1,170 1,118 939 950 ± 30 950 ± 30 1 Nickel kt 110 102 108 112 ± 5 102 ± 4 Ferrochrome kt 1,029 1,468 1,488 1,310 ± 30 1,200 ± 30 Coal mt 106 103 110 110 ± 5 110 ± 4 1 Excludes Volcan. Changes in guidance mainly reflect: • Nickel down 10kt (9%) – combination of a longer than expected recovery period following the extended Raglan strike action in 2022, maintenance outages at the Sudbury smelter and a lower full-year revision for Koniambo • Ferrochrome down 110kt (8%) - lower production in H2 2023, reflecting additional smelter offline days and further curtailments in response to ferrochrome market conditions. Full year chrome ore production is expected to only be modestly below 2022 levels. For further information please contact: Investors Martin Fewings t: +41 41 709 2880 m: +41 79 737 5642 martin.fewings@glencore.com Media Charles Watenphul t: +41 41 709 2462 m: +41 79 904 3320 charles.watenphul@glencore.com www.glencore.com Glencore LEI: 2138002658CPO9NBH955 GLENCORE PLC (Incorporated in Jersey under the Companies (Jersey) Law 1991) (Registration number 107710) JSE Share Code: GLN LSE Share Code: GLEN ISIN: JE00B4T3BW64 Please refer to the end of this document for disclaimers including on forward-looking statements. Notes for Editors Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities that advance everyday life. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that support decarbonisation while meeting the energy needs of today. With around 140,000 employees and contractors and a strong footprint in over 35 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of more than 40 offices. Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative. We recognise our responsibility to contribute to the global effort to achieve the goals of the Paris Agreement by decarbonising our own operational footprint. We believe that we should take a holistic approach and have considered our commitment through the lens of our global industrial emissions. Against a 2019 baseline, we are committed to reducing our Scope 1, 2 and 3 industrial Glencore Third Quarter 2023 Production Report 2 HIGHLIGHTS continued emissions by 15% by the end of 2026, 50% by the end of 2035 and we have an ambition to achieve net zero industrial emissions by the end of 2050. For more detail see our 2022 Climate Report on the publication page of our website at glencore.com/publications. Glencore Third Quarter 2023 Production Report 3 METALS AND MINERALS PRODUCTION DATA Production from own sources – Copper assets1 YTD YTD 2023 2022 Change % African Copper (Katanga, Mutanda) Copper metal kt 189.1 174.9 8 Cobalt2 kt 30.8 30.4 1 Collahuasi3 Copper in concentrates kt 180.5 188.2 (4) Silver in concentrates koz 2,854 2,541 12 Gold in concentrates koz 29 28 4 Antamina4 Copper in concentrates kt 102.8 116.1 (11) Zinc in concentrates kt 119.2 111.8 7 Silver in concentrates koz 2,868 3,946 (27) Other South America (Antapaccay, Lomas Bayas) Copper metal kt 45.3 53.2 (15) Copper in concentrates kt 116.5 108.5 7 Gold in concentrates and in doré koz 72 42 71 Silver in concentrates and in doré koz 844 906 (7) Cobar Copper in concentrates kt 15.0 26.1 (43) Silver in concentrates koz 180 307 (41) Total Copper department Copper kt 649.2 667.0 (3) Cobalt kt 30.8 30.4 1 Zinc kt 119.2 111.8 7 Gold koz 101 70 44 Silver koz 6,746 7,700 (12) Glencore Third Quarter 2023 Production Report 4 METALS AND MINERALS continued Production from own sources – Zinc assets1 YTD YTD 2023 2022 Change % Kazzinc Zinc metal kt 81.1 97.7 (17) Zinc in concentrates kt 38.3 12.1 217 Lead metal kt 14.0 13.1 7 Lead in concentrates kt 10.8 – n.m. Copper metal5 kt 9.4 16.2 (42) Gold koz 435 421 3 Silver koz 1,867 2,023 (8) Silver in concentrates koz 406 – n.m. Australia (Mount Isa, Townsville, McArthur River) Zinc in concentrates kt 402.5 406.3 (1) Copper metal kt 51.2 47.4 8 Lead in concentrates kt 108.8 116.8 (7) Silver koz 472 350 35 Silver in concentrates koz 3,739 3,838 (3) North America (Matagami, Kidd)6 Zinc in concentrates kt 31.0 48.1 (36) Copper in concentrates kt 16.5 23.4 (29) Silver in concentrates koz 1,123 1,054 7 Other Zinc: South America (Bolivia, Peru)6 Zinc in concentrates kt – 23.6 (100) Lead in concentrates kt – 7.0 (100) Copper in concentrates kt – 1.1 (100) Silver in concentrates koz – 2,778 (100) Total Zinc department Zinc kt 552.9 587.8 (6) Lead kt 133.6 136.9 (2) Copper kt 77.1 88.1 (12) Gold koz 435 421 3 Silver koz 7,607 10,043 (24) Glencore Third Quarter 2023 Production Report 5 METALS AND MINERALS continued Production from own sources – Nickel assets1 YTD YTD 2023 2022 Change % Integrated Nickel Operations (INO) (Sudbury, Raglan, Nikkelverk) Nickel metal kt 25.4 36.5 (30) Nickel in concentrates kt 0.1 0.1 – Copper metal kt 6.1 9.4 (35) Copper in concentrates kt 3.4 6.0 (43) Cobalt metal kt 0.2 0.5 (60) Gold koz 8 13 (38) Silver koz 157 135 16 Platinum koz 17 24 (29) Palladium koz 47 67 (30) Rhodium koz 2 3 (33) Murrin Murrin Nickel metal kt 23.1 26.6 (13) Cobalt metal kt 1.5 2.2 (32) Koniambo Nickel in ferronickel kt 19.8 18.4 8 Total Nickel department Nickel kt 68.4 81.6 (16) Copper kt 9.5 15.4 (38) Cobalt kt 1.7 2.7 (37) Gold koz 8 13 (38) Silver koz 157 135 16 Platinum koz 17 24 (29) Palladium koz 47 67 (30) Rhodium koz 2 3 (33) Production from own sources – Ferroalloys assets1 YTD YTD 2023 2022 Change % Ferrochrome7 kt 873 1,110 (21) Vanadium Pentoxide mlb 14.9 14.3 4 Total production – Custom metallurgical assets1 YTD YTD 2023 2022 Change % Copper (Altonorte, Pasar, Horne, CCR) Copper metal kt 377.1 326.2 16 Copper anode kt 348.1 343.0 1 Zinc (Portovesme, San Juan de Nieva, Nordenham, Northfleet, CEZ Refinery) Zinc metal kt 545.8 527.8 3 Lead metal kt 184.6 216.1 (15) 1 Controlled industrial assets and joint ventures only (excludes Volcan). Production is on a 100% basis, except for joint ventures, where the Group’s attributable share of production is included. 2 Cobalt contained in concentrates and hydroxides. 3 The Group’s pro-rata share of Collahuasi production (44%). 4 The Group’s pro-rata share of Antamina production (33.75%). 5 Copper metal includes copper contained in copper concentrates and blister. 6 North and South American assets sold or closed since the beginning of 2022: Matagami (Canada) completed mining in June 2022, Bolivian Zinc sold in March 2022, Peruvian Zinc sold in December 2022. 7 The Group’s attributable 79.5% share of the Glencore-Merafe Chrome Venture. Glencore Third Quarter 2023 Production Report 6 METALS AND MINERALS continued OPERATING HIGHLIGHTS Copper assets Own sourced copper production of 735,800 tonnes was 34,700 tonnes (5%) lower than the comparable 2022 period, reflecting the sale of Cobar in June 2023 and lower copper by-product production outside the Copper department. Own sourced cobalt production of 32,500 tonnes was in line with the comparable 2022 period. African Copper Own sourced copper production of 189,100 tonnes was 14,200 tonnes (8%) higher than the comparable 2022 period, mainly reflecting successful management of geotechnical issues at Katanga resulting in increased production volumes and higher milling throughput at Mutanda. Own sourced cobalt production of 30,800 tonnes was in line with the comparable 2022 period, reflecting improved cobalt recoveries at Katanga, offset by lower grades, due to feed plan adjustments, at Mutanda. Collahuasi Attributable copper production of 180,500 tonnes was 7,700 tonnes (4%) lower than the comparable 2022 period, reflecting the known and planned mining sequence in 2023. Attributable production in Q3 2023 was 8,800 tonnes (15%) higher than Q2 2023, reflecting the increased expected head grades and production volumes in H2 2023. Antamina Aligned with planned mining sequencing, attributable copper production of 102,800 tonnes was 13,300 tonnes (11%) lower than the comparable 2022 period, while zinc production of 119,200 tonnes was 7,400 tonnes (7%) higher. Other South America Copper production of 161,800 tonnes was in line with the comparable 2022 period, reflecting higher copper grades and recoveries at Antapaccay (8,000 tonnes), partially offset by anticipated delayed metal deliveries to the leach pads (7,900 tonnes) at Lomas Bayas, expected to be recovered in Q4 2023 and Q1 2024. Cobar Cobar (Australian copper) mine was sold on 16 June 2023. Copper custom metallurgical assets Overall copper anode production of 348,100 tonnes was in line with the comparable 2022 period. Copper cathode production of 377,100 tonnes was 50,900 tonnes (16%) higher than the comparable 2022 period, reflecting increased anode deliveries from Horne and Pasar. Zinc assets Own sourced zinc production of 672,100 tonnes was 27,500 tonnes (4%) lower than the comparable 2022 period, mainly reflecting the 2022 disposals of South American zinc operations (23,600 tonnes) and the closure of Matagami (17,300 tonnes), offset by stronger production from Kazzinc (Zhairem) and Antamina. Kazzinc Own sourced zinc production of 119,400 tonnes was 9,600 tonnes (9%) higher than the comparable 2022 period, reflecting Zhairem’s ramp-up, partly offset by delayed processing of own-sourced material at Kazzinc’s smelters, in favour of third-party material. Own sourced lead production of 24,800 tonnes was 11,700 tonnes (89%) higher than the comparable 2022 period, due to Zhairem’s ramp up. Own sourced copper production of 9,400 tonnes was 6,800 (42%) lower than the comparable 2022 period, due to lower copper grades at the Maleevsky mine, together with furnace downtime at the copper smelter. Own sourced gold production of 435,000 ounces was 3% higher than the comparable 2022 period. Australia Zinc production of 402,500 tonnes was substantially in line with the comparable 2022 period, having now largely recovered from the Q1 impact of severe weather. Lead production of 108,800 tonnes was 8,000 tonnes (7%) lower than the comparable 2022 period, mainly due to planned reduction in ore grade at Lady Loretta mine (Mount Isa). Copper production of 51,200 tonnes was 3,800 tonnes (8%) higher than the comparable 2022 period, reflecting partial recovery from Covid-related absenteeism and operational challenges in the base period. North America Zinc production of 31,000 tonnes was 17,100 tonnes (36%) lower than the comparable 2022 period, mainly reflecting the closure of Matagami mine in mid-2022. Kidd production was in line with the comparable 2022 period. Glencore Third Quarter 2023 Production Report 7 METALS AND MINERALS continued South America Following disposal of the Bolivian mines at the end of H1 2022 and Los Quenuales in December 2022, no operating assets remain in this grouping. Zinc custom metallurgical assets Zinc metal production of 545,800 tonnes was 3% higher than the comparable 2022 period, reflecting additional production from CEZ, consolidated from April 2023, following Glencore’s increase in ownership from 25% to 100%, offset by the suspension of Nordenham in H2 2022, on account of high European power prices. Lead metal production of 184,600 tonnes was 31,500 tonnes (15%) lower than the comparable 2022 period, primarily reflecting lower bullion received at Northfleet from Mount Isa and Portovesme’s partial care and maintenance. Nickel assets Own sourced nickel production of 68,400 tonnes was 13,200 tonnes (16%) lower than the comparable 2022 period, primarily reflecting higher INO third party production (versus own sourced), in large part necessitated by the strike at Raglan mine in 2022. Integrated Nickel Operations (INO) Own sourced nickel production of 25,500 tonnes was 11,100 tonnes (30%) lower than the comparable 2022 period, whereby the strike at Raglan in 2022 has impacted 2023 nickel production, given the long lead time from ore mining in Northern Quebec to finished nickel production in Norway, and maintenance outages impacted the Sudbury smelter. Total refinery production of 71,100 tonnes was 12,600 tonnes (22%) higher than the comparable 2022 period. Murrin Murrin Own sourced nickel production of 23,100 tonnes was 3,500 tonnes (13%) lower than the comparable 2022 period, primarily due to a longer than scheduled major maintenance and the phasing of subsequent ramp-up. Koniambo Nickel production of 19,800 tonnes was 1,400 tonnes (8%) higher than the comparable 2022 period, reflecting furnace modifications made during Q1’s planned maintenance, and a more consistent operating performance. Ferroalloys assets Attributable ferrochrome production of 873,000 tonnes was 237,000 tonnes (21%) lower than the comparable 2022 period, mainly due to planned additional smelter offline days during the 3-month high electricity demand winter season, a period of elevated power prices. Glencore Third Quarter 2023 Production Report 8 ENERGY PRODUCTS Coal assets1 YTD YTD 2023 2022 Change % Australian coking coal mt 5.2 6.2 (16) Australian semi-soft coal mt 2.8 2.8 – Australian thermal coal (export) mt 41.0 39.7 3 Australian thermal coal (domestic) mt 5.2 5.4 (4) South African thermal coal (export) mt 10.4 9.8 6 South African thermal coal (domestic) mt 2.9 2.9 – Cerrejón mt 16.4 15.1 9 Total Coal department mt 83.9 81.9 2 Oil assets (non-operated) YTD YTD 2023 2022 Change % Glencore entitlement interest basis Equatorial Guinea kboe 3,026 4,003 (24) Cameroon kbbl 488 819 (40) Total Oil department kboe 3,514 4,822 (27) 1 Controlled industrial assets and joint ventures only. Production is on a 100% basis, except for joint ventures, where the Group’s attributable share of production is included. OPERATING HIGHLIGHTS Coal assets Coal production of 83.9 million tonnes was broadly in line with the comparable 2022 period. Australian coking Production of 5.2 million tonnes was 1.0 million tonnes (16%) lower than the comparable 2022 period, with the Newlands mine ceasing production in February 2023. Australian thermal and semi-soft Production of 49.0 million tonnes was broadly in line with the comparable 2022 period. South African thermal Production of 13.3 million tonnes was 0.6 million tonnes (5%) higher than the comparable 2022 period, reflecting improved productivity. Rail constraints continue to impact production in 2023. Cerrejón Production of 16.4 million tonnes was 1.3 million tonnes (9%) higher than the comparable 2022 period, reflecting heavy rains in the base period. Oil assets Exploration and production (non-operated) Entitlement interest oil and gas production of 3.5 million barrels of oil equivalent (boe) was 1.3 million boe (27%) lower than the comparable 2022 period, due to natural field decline at Bolongo in Cameroon and the reduction of Glencore’s entitlement percentage interest in an Equatorial Guinea block, following the recovery of historical costs under a production sharing contract. Refining Following an extensive multi-year rebuild, the Astron Energy oil refinery in Cape Town restarted operations earlier in 2023. Glencore Third Quarter 2023 Production Report 9 SELECTED AVERAGE COMMODITY PRICES MARKET CONDITIONS Select average commodity prices Change in YTD 2023 YTD 2022 average % S&P GSCI Industrial Metals Index 433 496 (13) S&P GSCI Energy Index 266 345 (23) LME (cash) copper price ($/t) 8,592 9,068 (5) LME (cash) zinc price ($/t) 2,701 3,631 (26) LME (cash) lead price ($/t) 2,142 2,162 (1) LME (cash) nickel price ($/t) 22,894 25,679 (11) Gold price ($/oz) 1,932 1,826 6 Silver price ($/oz) 23 22 5 Fastmarkets cobalt standard grade, Rotterdam ($/lb) (low-end) 15 33 (55) Ferro-chrome 50% Cr import, CIF main Chinese ports, contained Cr (¢/lb) 103 96 7 Iron ore (Platts 62% CFR North China) price ($/DMT) 112 119 (6) Coal API4 ($/t) 123 292 (58) Coal Newcastle (6,000) ($/t) 183 357 (49) Oil price – Brent ($/bbl) 82 102 (20) Glencore Third Quarter 2023 Production Report 10 PRODUCTION BY QUARTER – Q3 2022 TO Q3 2023 Metals and minerals PRODUCTION FROM OWN SOURCES – TOTAL1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Copper kt 260.3 287.6 244.1 243.9 247.8 735.8 770.5 (5) (5) Cobalt kt 12.4 10.7 10.5 11.2 10.8 32.5 33.1 (2) (13) Zinc kt 218.9 238.9 205.3 229.4 237.4 672.1 699.6 (4) 8 Lead kt 41.8 54.7 39.3 48.1 46.2 133.6 136.9 (2) 11 Nickel kt 23.8 25.9 20.9 25.5 22.0 68.4 81.6 (16) (8) Gold koz 170 157 187 182 175 544 504 8 3 Silver koz 5,299 5,872 4,525 4,921 5,064 14,510 17,878 (19) (4) Ferrochrome kt 324 378 400 317 156 873 1,110 (21) (52) Coal mt 26.5 28.1 26.9 27.3 29.7 83.9 81.9 2 12 Oil (entitlement interest basis) kboe 1,690 1,309 1,208 1,142 1,164 3,514 4,822 (27) (31) PRODUCTION FROM OWN SOURCES – COPPER ASSETS1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % African Copper (Katanga, Mutanda) Katanga Copper metal kt 56.7 67.3 53.6 48.7 59.9 162.2 152.8 6 6 Cobalt2 kt 7.6 6.6 7.0 7.6 7.4 22.0 18.9 16 (3) Mutanda Copper metal kt 8.2 11.2 8.2 9.7 9.0 26.9 22.1 22 10 Cobalt2 kt 3.8 3.2 2.8 3.0 3.0 8.8 11.5 (23) (21) Total Copper metal kt 64.9 78.5 61.8 58.4 68.9 189.1 174.9 8 6 Total Cobalt2 kt 11.4 9.8 9.8 10.6 10.4 30.8 30.4 1 (9) Collahuasi3 Copper in concentrates kt 60.4 62.9 57.1 57.3 66.1 180.5 188.2 (4) 9 Silver in concentrates koz 738 809 724 888 1,242 2,854 2,541 12 68 Gold in concentrates koz 9 10 9 11 9 29 28 4 – Antamina4 Copper in concentrates kt 38.9 36.4 32.0 36.3 34.5 102.8 116.1 (11) (11) Zinc in concentrates kt 39.6 32.5 31.8 45.3 42.1 119.2 111.8 7 6 Silver in concentrates koz 1,340 1,018 923 1,027 918 2,868 3,946 (27) (31) Other South America (Antapaccay, Lomas Bayas) Antapaccay Copper in concentrates kt 34.8 42.5 36.8 45.9 33.8 116.5 108.5 7 (3) Gold in concentrates koz 13 19 21 35 16 72 42 71 23 Silver in concentrates koz 263 316 251 358 235 844 906 (7) (11) Lomas Bayas Copper metal kt 18.2 19.4 17.9 11.9 15.5 45.3 53.2 (15) (15) Total Copper metal kt 18.2 19.4 17.9 11.9 15.5 45.3 53.2 (15) (15) Total Copper in concentrates kt 34.8 42.5 36.8 45.9 33.8 116.5 108.5 7 (3) Total Gold in concentrates and in doré koz 13 19 21 35 16 72 42 71 23 Total Silver in concentrates and in doré koz 263 316 251 358 235 844 906 (7) (11) Australia (Cobar) Cobar Copper in concentrates kt 7.3 11.2 8.7 6.3 – 15.0 26.1 (43) (100) Silver in concentrates koz 95 139 100 80 – 180 307 (41) (100) Total Copper department Copper kt 224.5 250.9 214.3 216.1 218.8 649.2 667.0 (3) (3) Cobalt kt 11.4 9.8 9.8 10.6 10.4 30.8 30.4 1 (9) Zinc kt 39.6 32.5 31.8 45.3 42.1 119.2 111.8 7 6 Gold koz 22 29 30 46 25 101 70 44 14 Silver koz 2,436 2,282 1,998 2,353 2,395 6,746 7,700 (12) (2) Glencore Third Quarter 2023 Production Report 11 PRODUCTION BY QUARTER – Q3 2022 TO Q3 2023 continued Metals and minerals PRODUCTION FROM OWN SOURCES – ZINC ASSETS1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Kazzinc Zinc metal kt 30.2 28.0 24.9 24.6 31.6 81.1 97.7 (17) 5 Zinc in concentrates kt 5.7 8.6 9.4 13.1 15.8 38.3 12.1 217 177 Lead metal kt 3.3 3.8 4.8 4.0 5.2 14.0 13.1 7 58 Lead in concentrates kt – 0.4 3.5 4.0 3.3 10.8 – n.m. n.m. Copper metal5 kt 5.9 4.3 3.4 1.6 4.4 9.4 16.2 (42) (25) Gold koz 144 125 154 134 147 435 421 3 2 Silver koz 583 698 693 414 760 1,867 2,023 (8) 30 Silver in concentrates koz – 12 140 123 143 406 – n.m. n.m. Kazzinc – total production including third party feed Zinc metal kt 61.2 55.5 63.5 61.5 66.2 191.2 201.4 (5) 8 Lead metal kt 26.1 25.8 23.9 21.8 27.7 73.4 81.8 (10) 6 Copper metal kt 14.3 13.9 11.5 5.8 11.8 29.1 41.9 (31) (17) Gold koz 224 262 261 270 275 806 650 24 23 Silver koz 5,798 4,959 4,861 4,716 4,355 13,932 17,046 (18) (25) Australia (Mount Isa, McArthur River) Mount Isa Zinc in concentrates kt 66.4 87.2 61.6 68.5 76.0 206.1 203.0 2 14 Copper metal kt 18.4 23.1 16.5 18.6 16.1 51.2 47.4 8 (13) Lead in concentrates kt 26.6 36.0 18.8 27.8 25.4 72.0 78.5 (8) (5) Silver koz 112 207 180 158 134 472 350 35 20 Silver in concentrates koz 921 1,383 708 1,086 1,056 2,850 2,742 4 15 Mount Isa, Townsville – total production including third party feed Copper metal kt 51.6 56.2 44.3 50.5 53.0 147.8 135.3 9 3 Gold koz 35 43 37 35 46 118 105 12 31 Silver koz 423 578 408 386 482 1,276 1,307 (2) 14 McArthur River Zinc in concentrates kt 63.9 70.5 66.9 66.4 63.1 196.4 203.3 (3) (1) Lead in concentrates kt 10.3 13.1 12.2 12.3 12.3 36.8 38.3 (4) 19 Silver in concentrates koz 227 371 366 261 262 889 1,096 (19) 15 Total Zinc in concentrates kt 130.3 157.7 128.5 134.9 139.1 402.5 406.3 (1) 7 Total Copper kt 18.4 23.1 16.5 18.6 16.1 51.2 47.4 8 (13) Total Lead in concentrates kt 36.9 49.1 31.0 40.1 37.7 108.8 116.8 (7) 2 Total Silver koz 112 207 180 158 134 472 350 35 20 Total Silver in concentrates koz 1,148 1,754 1,074 1,347 1,318 3,739 3,838 (3) 15 North America (Matagami, Kidd)6 Matagami Zinc in concentrates kt – – – – – – 17.3 (100) n.m. Copper in concentrates kt – – – – – – 3.2 (100) n.m. Kidd Zinc in concentrates kt 8.2 8.4 10.7 11.5 8.8 31.0 30.8 1 7 Copper in concentrates kt 7.1 4.9 6.8 4.6 5.1 16.5 20.2 (18) (28) Silver in concentrates koz 305 292 392 477 254 1,123 1,054 7 (17) Total Zinc in concentrates kt 8.2 8.4 10.7 11.5 8.8 31.0 48.1 (36) 7 Total Copper in concentrates kt 7.1 4.9 6.8 4.6 5.1 16.5 23.4 (29) (28) Total Silver in concentrates koz 305 292 392 477 254 1,123 1,054 7 (17) Glencore Third Quarter 2023 Production Report 12 PRODUCTION BY QUARTER – Q3 2022 TO Q3 2023 continued Metals and minerals PRODUCTION FROM OWN SOURCES – ZINC ASSETS1 CONTINUED Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Other Zinc: South America (Bolivia, Peru)6 Zinc in concentrates kt 4.9 3.7 – – – – 23.6 (100) (100) Lead in concentrates kt 1.6 1.4 – – – – 7.0 (100) (100) Copper in concentrates kt 0.4 0.3 – – – – 1.1 (100) (100) Silver in concentrates koz 670 567 – – – – 2,778 (100) (100) Total Zinc department Zinc kt 179.3 206.4 173.5 184.1 195.3 552.9 587.8 (6) 9 Lead kt 41.8 54.7 39.3 48.1 46.2 133.6 136.9 (2) 11 Copper kt 31.8 32.6 26.7 24.8 25.6 77.1 88.1 (12) (19) Gold koz 144 125 154 134 147 435 421 3 2 Silver koz 2,818 3,530 2,479 2,519 2,609 7,607 10,043 (24) (7) PRODUCTION FROM OWN SOURCES – NICKEL ASSETS1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Integrated Nickel Operations (Sudbury, Raglan, Nikkelverk) Nickel metal kt 8.8 9.7 8.1 10.0 7.3 25.4 36.5 (30) (17) Nickel in concentrates kt – 0.1 – – 0.1 0.1 0.1 – n.m. Copper metal kt 2.2 2.5 2.0 1.9 2.2 6.1 9.4 (35) – Copper in concentrates kt 1.8 1.6 1.1 1.1 1.2 3.4 6.0 (43) (33) Cobalt metal kt 0.2 0.1 0.1 0.1 – 0.2 0.5 (60) (100) Gold koz 4 3 3 2 3 8 13 (38) (25) Silver koz 45 60 48 49 60 157 135 16 33 Platinum koz 7 8 6 6 5 17 24 (29) (29) Palladium koz 17 16 16 17 14 47 67 (30) (18) Rhodium koz 1 1 1 – 1 2 3 (33) – Nickel metal kt 15.9 23.6 23.9 23.2 23.9 71.0 58.3 22 50 Nickel in concentrates kt 0.1 – – 0.1 – 0.1 0.2 (50) (100) Copper metal kt 3.7 4.7 5.2 5.0 4.8 15.0 13.8 9 30 Copper in concentrates kt 2.4 2.7 1.6 1.6 1.1 4.3 7.9 (46) (54) Cobalt metal kt 0.6 0.9 0.9 0.8 0.8 2.5 2.2 14 33 Gold koz 7 6 6 8 5 19 23 (17) (29) Silver koz 111 130 86 89 110 285 364 (22) (1) Platinum koz 14 16 12 13 11 36 53 (32) (21) Palladium koz 47 49 46 54 43 143 172 (17) (9) Rhodium koz 1 2 1 1 1 3 3 – – Murrin Murrin Total Nickel metal kt 9.5 9.1 7.8 7.8 7.5 23.1 26.6 (13) (21) Total Cobalt metal kt 0.8 0.8 0.6 0.5 0.4 1.5 2.2 (32) (50) Murrin Murrin – total production including third party feed Total Nickel metal kt 10.5 10.3 8.9 9.0 8.6 26.5 30.1 (12) (18) Total Cobalt metal kt 0.8 0.9 0.7 0.6 0.4 1.7 2.4 (29) (50) Koniambo Nickel in ferronickel kt 5.5 7.0 5.0 7.7 7.1 19.8 18.4 8 29 Total Nickel department Nickel kt 23.8 25.9 20.9 25.5 22.0 68.4 81.6 (16) (8) Copper kt 4.0 4.1 3.1 3.0 3.4 9.5 15.4 (38) (15) Cobalt kt 1.0 0.9 0.7 0.6 0.4 1.7 2.7 (37) (60) Gold koz 4 3 3 2 3 8 13 (38) (25) Silver koz 45 60 48 49 60 157 135 16 33 Platinum koz 7 8 6 6 5 17 24 (29) (29) Palladium koz 17 16 16 17 14 47 67 (30) (18) Rhodium koz 1 1 1 – 1 2 3 (33) – Glencore Third Quarter 2023 Production Report 13 PRODUCTION BY QUARTER – Q3 2022 TO Q3 2023 continued Metals and minerals PRODUCTION FROM OWN SOURCES – FERROALLOYS ASSETS1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Ferrochrome7 kt 324 378 400 317 156 873 1,110 (21) (52) Vanadium pentoxide mlb 4.4 5.5 5.4 3.9 5.6 14.9 14.3 4 27 TOTAL PRODUCTION – CUSTOM METALLURGICAL ASSETS1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Copper (Altonorte, Pasar, Horne, CCR) Copper metal kt 94.2 130.7 128.2 123.2 125.7 377.1 326.2 16 33 Copper anode kt 104.8 131.9 119.9 105.4 122.8 348.1 343.0 1 17 Zinc (Portovesme, San Juan de Nieva, Nordenham, Northfleet, CEZ Refinery) Zinc metal kt 176.9 155.2 140.6 204.7 200.5 545.8 527.8 3 13 Lead metal kt 57.1 57.3 65.0 58.7 60.9 184.6 216.1 (15) 7 1 Controlled industrial assets and joint ventures only (excludes Volcan). Production is on a 100% basis except for joint ventures, where the Group’s attributable share of production is included. 2 Cobalt contained in concentrates and hydroxides. 3 The Group’s pro-rata share of Collahuasi production (44%). 4 The Group’s pro-rata share of Antamina production (33.75%). 5 Copper metal includes copper contained in copper concentrates and blister. 6 North and South American assets sold or closed since the beginning of 2022: Matagami (Canada) completed mining in June 2022, Bolivian Zinc sold in March 2022, Peruvian Zinc sold in December 2022. 7 The Group’s attributable 79.5% share of the Glencore-Merafe Chrome Venture. Glencore Third Quarter 2023 Production Report 14 PRODUCTION BY QUARTER – Q3 2022 TO Q3 2023 continued Energy products PRODUCTION FROM OWN SOURCES – COAL ASSETS1 Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Australian coking coal mt 2.3 2.5 2.0 1.7 1.5 5.2 6.2 (16) (35) Australian semi-soft coal mt 1.0 1.2 1.1 0.8 0.9 2.8 2.8 – (10) Australian thermal coal (export) mt 12.1 13.7 12.9 13.8 14.3 41.0 39.7 3 18 Australian thermal coal (domestic) mt 2.4 2.4 1.5 1.7 2.0 5.2 5.4 (4) (17) South African thermal coal (export) mt 3.5 2.9 3.2 3.4 3.8 10.4 9.8 6 9 South African thermal coal (domestic) mt 0.9 0.8 0.8 1.1 1.0 2.9 2.9 – 11 Cerrejón mt 4.3 4.6 5.4 4.8 6.2 16.4 15.1 9 44 Total Coal department mt 26.5 28.1 26.9 27.3 29.7 83.9 81.9 2 12 OIL ASSETS (NON-OPERATED) Change Change Q3 Q4 Q1 Q2 Q3 YTD YTD YTD 23 vs Q3 23 vs 2022 2022 2023 2023 2023 2023 2022 YTD 22 Q3 22 % % Glencore entitlement interest basis Equatorial Guinea kboe 1,458 1,104 1,017 979 1,030 3,026 4,003 (24) (29) Cameroon kbbl 232 205 191 163 134 488 819 (40) (42) Total Oil department kboe 1,690 1,309 1,208 1,142 1,164 3,514 4,822 (27) (31) Gross basis Equatorial Guinea kboe 7,089 6,858 6,027 5,241 5,680 16,948 19,451 (13) (20) Cameroon kbbl 571 508 483 410 367 1,260 1,927 (35) (36) Total Oil department kboe 7,660 7,366 6,510 5,651 6,047 18,208 21,378 (15) (21) 1 Controlled industrial assets and joint ventures only. Production is on a 100% basis, except for joint ventures, where the Group’s attributable share of production is included. Glencore Third Quarter 2023 Production Report 15 FULL YEAR 2023 PRODUCTION GUIDANCE ADER Actual Actual Actual Previous Guidance Outcome FY FY FY guidance FY probability 2020 2021 2022 2023 2023 2023 Copper kt 1,258 1,196 1,058 1,040 ± 30 1,040 ± 30 Lower end Cobalt kt 27.4 31.3 43.8 ...