14 May - 5 min read

Report on proceedings at the Annual General Meeting

Report on proceedings at the Annual General Meeting

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 held its fifteenth (15th) annual general meeting (“AGM” or “the meeting”) of shareholders today, 14 May 2021. All the ordinary and special resolutions proposed at
the meeting were approved by the requisite majority of votes.

The audited annual financial statements of the Company and the group including the report of the directors, external auditors, audit committee, business performance and
the social, ethics and transformation committee for the financial year ended 31 December 2020 were presented.

Kumba confirms the voting statistics from the AGM as follows:

                                                                       Votes cast disclosed as a          Number of          Shares voted         Shares abstained
                                                                   percentage in relation to the total    shares voted       disclosed as a       disclosed as a
                                                                    number of shares voted at the                            percentage in        percentage in
Resolutions                                                                    meeting                                       relation to the      relation to the total
                                                                                                                             total issued         issued share
                                                                  For                  Against                               share capital*       capital*

Ordinary resolution number 1: Re-appointment of                   99.95%               0.05%              303,360,125        94.19%               0.01%
PriceWaterhouseCoopers as independent external auditors
and Mr Sizwe Masondo as individual designated auditor
Ordinary Resolution Number 2.1 - To re-elect Mrs Mary Bomela      98.69%               1.31%              303,360,125        94.19%               0.01%
as a director of the Company
Ordinary Resolution Number 2.2 - To re-elect Mrs Ntombi           98.28%               1.72%              303,360,125        94.19%               0.01%
Langa-Royds as a director of the Company
Ordinary Resolution Number 2.3 - To re-elect Ms Buyelwa           99.87%               0.13%              303,360,125        94.19%               0.01%
Sonjica as a director of the Company
Ordinary Resolution Number 3.1 - Election of Mr Sango             99.89%               0.11%              303,360,125        94.19%               0.01%
Ntsaluba as a member of the Audit Committee
Ordinary Resolution Number 3.2 - Election of Mr Terence           99.96%               0.04%              303,360,125        94.19%               0.01%
Goodlace as a member of the Audit Committee
Ordinary Resolution Number 3.3 - Election of Mrs Mary Bomela      99.96%               0.04%              303,360,125        94.19%               0.01%
as a member of the Audit Committee
Ordinary Resolution Number 3.4 - Election of Mrs Michelle         100.00%              0.00%              303,360,125        94.19%               0.01%
Jenkins as a member of the Audit Committee
Ordinary Resolution Number 4.1 - Approval of the remuneration     99.60%               0.40%              303,268,135        94.16%               0.04%
policy by way of a non-binding advisory vote
Ordinary Resolution Number 4.2 - Approval of the                  93.10%               6.90%              302,273,991        93.85%               0.35%
implementation of the remuneration policy by way of a non-
binding advisory vote
Ordinary Resolution Number 5 - General authority for directors    99.90%               0.10%              303,360,143        94.19%               0.01%
to allot and issue ordinary shares
Ordinary Resolution Number 6 - Authorisation to sign              100.00%              0.00%              303,360,125        94.19%               0.01%
documents to give effect to resolutions
Special Resolution Number 1 - General authority to issue          99.83%               0.17%              303,360,393        94.19%               0.01%
shares for cash
Special Resolution Number 2 - Remuneration payable to Non-        99.96%               0.04%              303,268,392        94.19%               0.04%
Executive Directors
Special Resolution Number 3 - Approval for the granting of        99.98%               0.02%              303,359,950        94.19%               0.01%
financial assistance in terms of Sections 44 and 45 of the
Companies Act No. 71 of 2008
Special Resolution Number 4 - General authority to repurchase     99.55%               0.45%              303,296,242        94.17%               0.03%
Special Resolution Number 5 – Approval of the extension of the    100.00%              0.00%              303,359,989        94.19%               0.01%
Employee Share Ownership Scheme

*Total issued share capital is 322 085 974.

The special resolutions will, where necessary, be lodged for registration with the Companies and Intellectual Property Commission in due course.

14 May 2021

RAND MERCHANT BANK (A division of FirstRand Bank Limited)
For further information, please contact:

Company Secretary
Ms Fazila Patel
Tel: +27 683 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 in a range of geographical locations around the
globe including China, Japan, Korea and a number of countries in Europe and the Middle East.

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, development projects and undeveloped resources, provides many of the metals and minerals that enable a cleaner, greener, more sustainable world
and that meet the fast growing consumer-driven demands of developed and maturing economies. With our people at the heart of our business, we use innovative practices
and the latest technologies to mine, process, move and market our products to our customers – and to discover new resources – safely and sustainably.

As a responsible producer of diamonds (through De Beers), copper, platinum group metals, the steelmaking ingredients of iron ore and metallurgical coal, and nickel – with
crop nutrients in development and thermal coal operations planned for divestment – we are committed to being carbon neutral across our operations by 2040. We work
together with our business partners and diverse stakeholders to unlock sustainable 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.

Date: 14-05-2021 02:38:00
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