Name of the Project
Mototolo/Der Brochen life extension project.

Location
Burgersfort, in Limpopo, South Africa.

Project Owner/s
Anglo American Platinum (Amplats), a subsidiary of Anglo American and a leading primary producer of platinum-group metals.

Project Description
Anglo American is investing in the development of the Der Brochen project to extend the life of the Mototolo platinum mine.

The development of the project leverages the existing Mototolo infrastructure, allowing for mining to extend into the adjacent and down-dip Der Brochen resource, which will potentially extend the life of mine beyond 30 years.

The Der Brochen decline development will include the construction of infrastructure to access the Der Brochen orebody to replace declining volumes from the Mototolo mine.

The project also presents the opportunity to expand production from 240 000 t a month to 320 000 t a month through technology deployment.

Potential Job Creation
The life extension is expected to protect local jobs.

Net Present Value/Internal Rate of Return
The project has an estimated internal rate of return of 30%.

Capital Expenditure
About $200-million.

Planned Start/End Date
The project received full approval in December 2021and started construction in the second quarter of 2022.

First production is expected in the first half of 2023.

Latest Developments
None stated.

Key Contracts, Suppliers and Consultants
None stated.

Contact Details for Project Information
Anglo American Platinum media, Nomonde Ndwalaza, tel +27 66 311 1133 or email
Nomonde.ndwalaza@angloamerican.com.
Anglo American Platinum investors, Emma Chapman, tel +27 11 373 6239 or email emma.chapman@angloamerican.com.