Valterra Platinum Portfolio

Consolidated PGM portfolio of Valterra Platinum (formerly Anglo American Platinum), a JSE-primary / LSE-secondary listed senior producer and one of the world's largest primary platinum group metals producers, operating across the Bushveld Complex in South Africa and the Great Dyke in Zimbabwe. The managed portfolio comprises five operations - Mogalakwena, Amandelbult, Mototolo (incl. Der Brochen), Unki and the 50% Modikwa JV - integrated with concentrating, smelting and refining assets and supplemented by purchase-of-concentrate (POC) and tolling arrangements. Group 2025 total metals-in-concentrate (M&C) production was 3,201koz (2,060koz own-mined; 1,140koz POC and toll); 2026 group guidance is 3.0-3.4Moz M&C. Group mined AISC was US$987/3E oz at a unit cost of R19,488/3E oz.