2021 Annual Report

Glossary AC air core usually in the context of drilling or drill holes AGAA AngloGold Ashanti Australia Ag silver Au gold BCM bulk cubic metres CGP Chemical Grade Plant Co cobalt Cu copper DD Diamond Drilling EBITDA Earnings Before Interest, Tax, Depreciation and Amortisation EM electromagnetic EM conductors electromagnetic conductors returned from EM surveys FLEM Fixed-Loop electromagnetic Greenbushes Greenbushes Lithium Mine HPGR High Pressure Grinding Rolls HPM high precious metal IFRS International Financial Reporting Standards IGO IGO Limited lb pound Kwinana Kwinana Lithium Hydroxide Plant LiOH lithium hydroxide Li 2 O lithium oxide LTIFR lost time injury frequency rate per million hours worked MLEM moving-loop electromagnetic surveys Mt million metric tonnes Mtpa million metric tonnes per annum NPAT Net Profit After Tax Ni nickel oz ounce RC drilling reverse circulation drilling t metric tonnes TGP Technical Grade Plant Tropicana Operation Tropicana Gold Mine that is 30% owned by the Company and 70% owned by AngloGold Ashanti Australia under the TJV agreement TJV Tropicana Joint Venture that is 30% owned by the Company and 70% owned by AngloGold Ashanti Australia TRP Tailings Retreatment Plant Underlying EBITDA Is a non-IFRS measure and comprises net profit or loss before finance costs, depreciation and amortisation and income tax, and after any earnings adjustment items, including asset impairments, gain or loss on sale of subsidiaries and joint venture, redundancy and restructuring costs, acquisition and transaction costs and foreign exchange and hedging gains/losses attributable to the acquisition of Tianqi. Underlying Free Cash Flow Comprises Free Cash Flow (Net Cash Flow from Operating Activities and Net Cash Flow from Investing Activities) adjusted to exclude acquisition costs, proceeds from investment sales (including Tropicana) and payments for investments and mineral interests. Zn zinc $ Australian dollars. All currency amounts in this report are Australian Dollars unless otherwise stated $M million Australian dollars 140 — IGO ANNUAL REPORT 2021