Engaging with our stakeholders

Our approach to and rationale for engagement

We are committed to collaborative stakeholder engagement. Our integrated, inclusive stakeholder engagement process seeks to balance the needs, interests and expectations of stakeholders with those of AngloGold Ashanti. This process is fundamentally important at every stage of our business cycle – from exploration through to mine closure.

Our engagement structures are aimed at helping us navigate the political, regulatory and legislative environments in which we operate, providing insights into potential risks, opportunities and material sustainability issues with the potential to affect our ability to create value, so enabling us to better manage and act on such risks, opportunities and issues, to maintain our social licence to operate, to deliver on our strategy and to create sustained long-term value.

Oversight and accountability

While ultimate responsibility for stakeholder engagement lies with the Board, the Social, Ethics and Sustainability Committee assists with oversight of our stakeholder engagement framework and structures. The committee reviews the related framework and engagement structures annually.

Stakeholder groups	Key topics and areas of interest
Investment community	Financial and operating performance Cash lock-up challenges Obuasi ramp-up Climate change ESG performance Impact of surge in global inflation Impact of Ukraine/Russia war on supply chain/lines TSF conversion
Employees and unions	Progress made with implementation of our new Operating Model (continuous improvement) Safety Organisational culture Obuasi ramp-up Productivity, maintaining focus on strategy and meeting guidance on production and other performance metrics
Government and regulators	Regulatory changes Political changes TSF management Project development updates – Ghana, Colombia and Nevada Regulatory compliance – safety, local economic and community development and taxation Dispute resolution – repatriation of funds, tax refunds and ASM challenges Mitigation of political and regulatory risk
Suppliers	Responsible sourcing Local content and procurement opportunities Community capacity building and localisation Supply chain risks
Communities	Employment and procurement opportunities Local enterprise and economic development programmes Environmental and social impact of mining activities on communities Social licence to operate Potential business interruptions Legacy issues, post asset sale in South Africa
Industry partners and peers	Climate change Evolution of ESG Making clear the benefits of mining Regulatory uncertainty TSF management

Please visit our for <IR> details on our engagements and responses.

Engaging with the media

Media engagement helps facilitate improved understanding of AngloGold Ashanti’s business among government stakeholders, the investment community and the general public, promotes transparent and accurate reporting, and contributes to constructive relationships with other stakeholders. It also aids reputation management, improves transparency and credibility, supports our social licence to operate, and can address speculation and misinformation in the public domain.