Anglo American announces changes to its Board and Committee

LONDON, 27-Sep-2018 — /EuropaWire/ — Anglo American plc (“Anglo American” or “the Company”) announces a number of changes to the roles of its non-executive directors following the decisions of Sir Philip Hampton and Jack Thompson to step down from the Board after nine years of service.

Dr Byron Grote, non-executive director since 2013 and Chair of the Audit Committee since 2014, will succeed Sir Philip Hampton as Senior Independent Director on 1 January 2019. Dr Grote will continue in his role as Chair of the Audit Committee.

Anne Stevens, non-executive director since 2012, will succeed Sir Philip Hampton as Chair of the Remuneration Committee on 1 January 2019.

Ian Ashby, non-executive director since 2017, will succeed Jack Thompson as Chair of the Sustainability Committee on 30 April 2019.

Commenting on the changes to the Board, Stuart Chambers, Chairman of Anglo American, said:

“I thank Sir Philip Hampton for his professionalism and dedication during his nine years on the Board, the last four of which in the particularly demanding role as Senior Independent Director. I also thank Jack Thompson for the wealth of mining industry experience that he has brought to Board discussions and most particularly in his role as Chair of the Sustainability Committee.

“We are fortunate to have Byron Grote’s more than 35 years of experience across the natural resources sector. I am delighted that he has agreed to serve as Senior Independent Director in addition to his continued disciplined stewardship of the Audit Committee.

“I am also grateful to Anne Stevens and Ian Ashby as they take on the chairs of the Remuneration and Sustainability committees respectively. Anne’s global executive and board experience and Ian’s extensive mining career will further enhance our committee deliberations under their leadership.”

Sir Philip Hampton will step down from the Board on 31 December 2018 and Jack Thompson will step down at the Company’s Annual General Meeting on 30 April 2019.

The Nomination Committee is committed to the ongoing refreshment of the Board and the announcement of any new non-executive director appointments will be made in due course.

This announcement satisfies the Company’s disclosure obligations in accordance with Listing Rule 9.6.11R.

FOR FURTHER INFORMATION, PLEASE CONTACT:

MEDIA INVESTORS
UK UK
James Wyatt-Tilby Paul Galloway
Email: james.wyatt-tilby@angloamerican.com Email: paul.galloway@angloamerican.com
Tel: +44 (0)20 7968 8759 Tel: +44 (0)20 7968 8718
Marcelo Esquivel Robert Greenberg
Email: marcelo.esquivel@angloamerican.com Email: robert.greenberg@angloamerican.com
Tel: +44 (0)20 7968 8891 Tel: +44 (0)20 7968 2124
South Africa Emma Waterworth
Pranill Ramchander Email: emma.waterworth@angloamerican.com
Email: pranill.ramchander@angloamerican.com Tel: +44 (0)20 7968 8574
Tel: +27 (0)11 638 2592
Ann Farndell
Email: ann.farndell@angloamerican.com
Tel: +27 (0)11 638 2786

Notes to editors:

Byron Grote is Vice Chairman of the Supervisory Board of Akzo Nobel and a non-executive director of Standard Chartered PLC and Tesco PLC. He is a member of the European Audit Committee Leadership Network and an emeritus member of the Cornell University Johnson Advisory Council. Byron has extensive management experience across the oil and gas industry. He served on the BP plc board from 2000 until 2013. He was previously a non-executive director of Unilever NV and Unilever PLC. Byron serves as Chair of the Anglo American Audit Committee and a member of the Nomination and Remuneration committees.

Anne Stevens served as chief executive of GKN plc from November 2017 to April 2018. She was formerly chairman and CEO of SA IT Services from 2011 until her retirement in December 2014. From 2006 to 2009, Anne was chairman and CEO of Carpenter Technology Corporation. Prior to this, she was COO for the Americas at Ford Motor Company until 2006, the culmination of her 16-year career with the company. Her early career was spent at Exxon Corporation, where she held roles in engineering, product development, and sales and marketing. Anne is a former non-executive director of Lockheed Martin Corporation, GKN plc and XL Catlin. Anne serves as a member of the Anglo American Audit, Nomination and Remuneration committees.

Ian Ashby served as President of Iron Ore for BHP between 2006 and 2012. During his 25-year tenure with BHP, Ian held numerous roles in its iron ore, base metals and gold businesses in Australia, the USA, and Chile, as well as projects roles in the corporate office. He began his mining career as an underground miner at the Mount Isa Mines base metals operations in Queensland, Australia. Ian is a non-executive director of Nevsun Resources Ltd. He has previously served as chairman of Petropavlovsk plc, and a non-executive director of Alderon Iron Ore Corp, New World Resources PLC and Genco Shipping & Trading, and in an advisory capacity with Apollo Global Management and Temasek. Ian serves as a member of the Anglo American Sustainability Committee.

Anglo American is a global diversified mining business and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive mining operations and undeveloped resources provides the metals and minerals to meet the growing consumer-driven demands of the world’s developed and maturing economies. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and mine, process, move and market our products to our customers around the world.

As a responsible miner – of diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel – we are the custodians of what are precious natural resources. We work together with our key partners and stakeholders to unlock the sustainable value that those resources represent for our shareholders, the communities and countries in which we operate and for society at large. Anglo American is re-imagining mining to improve people’s lives.

www.angloamerican.com

SOURCE: Anglo American

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