Press releases - 2020

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No change statement, notice of annual general meeting and availability of B-BBEE compliance report

17 April, 2020

1. NO CHANGE STATEMENT
Kumba shareholders are advised that the following documents are to be published today, Friday, 17 April 2020 on Kumba’s website, https://www.angloamericankumba.com/investors/annual-reporting/reports-archive/2019

Audited annual financial statements for the financial year ended 31 December 2019 which contain no modification to the audited results published on SENS on Tuesday, 18 February 2020. There have also been no changes to the auditor´s report which was referenced in the audited results and made available to shareholders at the Company´s registered office on the same date as the release of the audited results on SENS. The annual financial statements are audited by Deloitte whose unmodified report is available on the Company’s website;
Notice of the 2020 Annual General Meeting;
Integrated Report 2019; and
Sustainability Report 2019

2. NOTICE OF THE ANNUAL GENERAL MEETING
Notice is hereby given that the fourteenth annual general meeting (AGM) of shareholders of Kumba will be held in electronic format as provided for by the JSE Limited and in terms of the provisions of the Companies Act 71 of 2008, as amended and the Company’s Memorandum of Incorporation at 12:00 (CAT) on Friday, 7 August 2020 to transact the business as stated in the notice of annual general meeting.

3. SALIENT DATES
Shareholders are advised to note the salient dates and activities leading up to the AGM date:

Record date to determine which shareholders are entitled to receive the notice of AGM - Friday, 19 June 2020
Date for posting of notice of AGM - Tuesday, 30 June 2020*
Last day to trade in order to be eligible to attend and vote at the AGM - Tuesday, 28 July 2020
Record date to be eligible to participate in and vote at the AGM- Friday, 31 July 2020
Forms of proxy to be lodged with Computershare by no later than 12:00 on - Wednesday, 5 August 2020

*In accordance with paragraph 3.19 of the JSE Listings Requirements, the 2019 Audited Annual Financial Statements and Notice of AGM must be distributed to shareholders within four months after the end of each financial year and at least fifteen business days (plus 7 business dates for posting in compliance with the Regulations to the Companies Act, 2008) respectively before the date of the annual general meeting. Given the 35-day lockdown in South Africa, Kumba is unable to comply with paragraph 3.19. Issuers with a financial year ended on 31 December 2019 were granted an extension of two months to the timeframes contained inter alia; in paragraph 3.19 by the JSE. Kumba will be utilising the two-month extension and hence the date of posting of the summarised condensed annual financial statements and the notice of AGM will be on 30 June 2020.

4. RESOURCES AND RESERVE STATEMENT
Kumba’s Resources and Reserve Statement was released on 18 February 2020 and is available on the Company’s website: https://www.angloamericankumba.com/investors/annual-reporting/reports-archive/2019.

5. AVAILABILITY OF BEE COMPLIANCE REPORT
Shareholders are advised that Kumba’s annual compliance report in terms of section 13G(2) of the Broad Based Black Economic Empowerment (“BEE”) Amendment Act 46 of 2013, has been submitted to the BEE Commission and is available on the Company’s website: https://www.angloamericankumba.com/~/media/Files/A/Anglo-American-Kumba/documents/b-bbee-certificate-2020

Centurion
17 April 2020

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:

Company Secretary

Ms Fazila Patel
[email protected]
Tel: +27 683 7063
Mobile: +27 83 297 2293

Investors	Media
Penny Himlok Email: [email protected] Tel: +27 12 622 8324 Mobile: +27 82 781 1888	Sinah Phochana Email: [email protected] Tel: +27 12 683 7019 Mobile: +27 76 066 0655

Such forward-looking statements are based on numerous assumptions regarding Kumba’s present and future business strategies and the environment in which Kumba will operate in the future. Important factors that could cause Kumba’s actual results, performance or achievements to differ materially from those in the forward-looking statements include, among others, levels of actual production during any period, levels of global demand and commodity market prices, mineral resource exploration and development capabilities, recovery rates and other operational capabilities, the effects of global pandemics and outbreaks of infectious diseases, the availability of mining and processing equipment, the ability to produce and transport products profitably, the availability of transport infrastructure, the impact of foreign currency exchange rates on market prices and operating costs, the availability of sufficient credit, the effects of inflation, political uncertainty and economic conditions in relevant areas of the world, the actions of competitors, activities by governmental authorities such as permitting and changes in taxation or safety, health, environmental or other types of regulation in the countries where Kumba operates, conflicts over land and resource ownership rights and such other risk factors identified in Kumba’s most recent Integrated Report.

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.

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 mining operations and undeveloped resources provides the metals and minerals that enable a cleaner, more electrified world and that meet the fast 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 - safely, responsibly and sustainably.

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

www.angloamerican.com

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