Anglo American plc announces the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers' second sales cycle of 2022, amounting to $650 million.

(1) Cycle 2 2022 provisional sales value represents sales as at 8 March 2022.

(2) Cycle 1 2022 actual sales value represents sales between the dates of 17 January and 1 February.

(3) Sales values are quoted on a consolidated accounting basis. Auction sales included in a given cycle are the sum of all sales between the end of the preceding cycle and the end of the noted cycle.

Owing to the restrictions on the movement of people and products in various jurisdictions around the globe, De Beers Group has continued to implement a more flexible approach to rough diamond sales during the second sales cycle of 2022, with the Sight event extended beyond its normal week-long duration. As a result, the provisional rough diamond sales figure quoted for Cycle 2 represents the expected sales value for the period 21 February to 8 March and remains subject to adjustment based on final completed sales.

Bruce Cleaver, CEO, De Beers Group, said: "The second sales cycle of the year saw the continuation of robust rough diamond demand underpinned by sustained positive consumer sentiment.

"We have been shocked and saddened by the war in Ukraine, and our hearts go out to the Ukrainian people. De Beers will donate US$ 1 million to aid organisations that are operating in the region and providing support to those affected by the war."

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Notes to editors:

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 metallurgical coal for steelmaking, 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.

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