2 May 2019 |
Anglo American proposes appointment of PwC as external auditor from 2020 |
|
Anglo American plc ("Anglo American") today announces that, following the conclusion of a formal tender process led by its Audit Committee, the Board has approved the proposed appointment of PricewaterhouseCoopers LLP ("PwC") as its external auditor to take effect from, and including, the financial year ending 31 December 2020. The appointment of PwC will be recommended to shareholders for approval at Anglo American's Annual General Meeting in 2020.
Deloitte LLP ("Deloitte") will continue in its role as external auditor to Anglo American in respect of the current financial year ending 31 December 2019. Following completion of the 2019 audit, Deloitte will stand down in accordance with the Companies Act 2006, and considering the EU's mandatory audit firm rotation rules. Further disclosure on the formal tender process conducted by the Audit Committee will be set out in Anglo American's 2019 Integrated Annual Report.
There are no matters in connection with Deloitte's prospective retirement as external auditor which need to be brought to the attention of shareholders. In accordance with the relevant legislative requirements in the United Kingdom and South Africa, the Board will receive from Deloitte, upon their retirement as external auditor, notification of any matters that need to be brought to the attention of creditors or shareholders of Anglo American.
For further information, please contact:
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 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
Legal Entity Identifier: 549300S9XF92D1X8ME43
