Anglo American Platinum Ltd (JSE:AMS) News - Trading statement for the six months ending 30 June 2022

ANGLO AMERICAN PLATINUM LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1946/022452/06)
Share Code: AMS
ISIN: ZAE000013181
(“the Company" or "Anglo American Platinum")

Anglo American Platinum - Trading statement for the six months ending 30 June 2022


Anglo American Platinum will release results for the six months ended 30 June 2022 (“the period”) on the Johannesburg
Stock Exchange News Service on 25 July 2022.

In accordance with section 3.4(b) of the JSE Limited Listings Requirements, shareholders are advised that headline
earnings and headline earnings per share (“HEPS”) and basic earnings and earnings per share (“EPS”) for the period are
likely to decrease by between 40% and 50% compared to the six months ended 30 June 2021. Headline earnings and basic
earnings are likely to be between R23 billion and R28 billion (R46.4 billion in H1 2021) and HEPS and EPS will decrease to
between 8,745 cents and 10,646 cents per share (17,647 cents and 17,633 cents, respectively, in H1 2021).

The expected decrease in headline earnings and basic earnings is primarily driven by a 20% decrease in sales volumes
from own production (excluding trading activities). The prior period benefited from higher-than-normal work-in-progress
inventory following the ACP Phase A rebuild and commissioning in Q4 2020, which was largely refined and sold during
2021. In addition, we saw a 14% decrease in the 3E basket price (based on platinum, palladium and rhodium), as prices
were lower compared to the record high prices in the prior period.

The financial information on which this trading statement is based has been reviewed, but not yet reported on, by the
Company’s external auditors.

Johannesburg
21 July 2022

Sponsor: Merrill Lynch South Africa (Pty) Ltd t/a BofA Securities.

For further information, please contact:


Investors:                                                       Media:
Investors:                                                       Media:
Emma Chapman                                           Nomonde Ndwalaza
(SA) +27 (0) 11 373 6239                               (SA) +27 (0) 11 638 0228
emma.chapman@angloamerican.com                                   nomonde.ndwalaza@angloamerican.com


Notes to editors:

Anglo American Platinum Limited is a member of the Anglo American plc Group and is a leading primary producer of
platinum group metals. The company is listed on the Johannesburg Securities Exchange (JSE). Its mining, smelting and
refining operations are based in South Africa. Elsewhere in the world, the Group owns Unki Platinum Mine and smelter
in Zimbabwe. Anglo American Platinum has two joint operations with several historically disadvantaged South African
                                                                                                                      [OFFICIAL]



                                                                                                 PLATINUM

consortia as part of its commitment to the transformation of the mining industry. Anglo American Platinum is committed
to the highest standards of safety and continues to make a meaningful and sustainable difference in the development
of the communities around its operations.

www.angloamericanplatinum.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

Date: 21-07-2022 08:05:00
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