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Kumba – Force Majeure declared by Transnet due to strike action

Published: 2022-10-10 08:06:11 ET
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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”)


Kumba – Force Majeure declared by Transnet due to strike action

Kumba has received a notice of force majeure from Transnet SOC Limited (“Transnet”) on 7 October 2022 due to strike action by Transnet’s unions.

We have implemented contingency plans to safeguard our assets and minimise the impact on operations. However, as a result of the disruption to
Transnet’s rail and port services, the estimated impact on production is approximately 50,000 tonnes per day for the first seven days and thereafter,
approximately 90,000 tonnes per day. Export sales will be impacted by approximately 120,000 tonnes per day.

Kumba will continue to monitor the situation closely and provide further updates, as appropriate. The company’s production and sales report for the third
quarter of 2022 is scheduled for release on 27 October 2022.

This announcement contains forward-looking statements which are based on the Company’s current beliefs and expectations about future events. The
operational and financial forecasts provided in this announcement are estimates and the financial information on which the trading statement is based,
has not been reviewed and reported on by the Company's external auditors.

Production and sales volumes referred to for the period are 100% of Sishen Iron Ore Company Proprietary Limited (“SIOC”), and attributable to
shareholders of Kumba as well as to the non-controlling interests in SIOC.

Centurion
10 October 2022



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 12 683 7060
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