3 Recommendations

3.2 Implementation process

The main goal of AngloGold Ashanti is to grow people as well as to motivate a work environment
which enables each individual to contribute, learn and encourage.

AngloGold Ashanti aims to contribute to strong, self-sustaining communities in order to help to

achieve their goals. One of how they do so at their Iduapriem mine is by developing the local fish
farming industry as a different and sustainable source of livelihood.

The AngloGold Ashanti is securely and in control of exploring, mining and marketing their products
to generate value for their shareholders, their employees and their business, and social
collaborators. Their first priority focus is gold, yet they will continue value-creating opportunities in
more minerals whereby they can get hold of their existing assets, skills and experience to further
improve the quality of the delivery of value. The AngloGold Ashanti has developed six values to make
their organisation more efficient and effective, these six values guide all decisions made and actions
taken in the conduct of their business as well as current and future plans; moreover, these six values
link their business activities to their environmental, social and governance (ESG) responsibilities. The
following are the above-mentioned values:

Safety is their first value;

They treat each other with dignity and respect;

They are accountable for their actions and undertake to deliver on their commitments;

They want the communities and societies in which they operate to be better off for AngloGold
Ashanti having been there;

They value diversity and

They respect the environment.

The following were also implemented to Support their strategy for sustainable cash flow
improvements and returns:

Improve portfolio quality

People, safety, health and sustainability

Financial flexibility

Maintain long-term optionality

Optimise overhead, costs and capital expenditure

The well-being and security of AngloGold Ashanti's employees and host communities are central to
their ability to operate in a sustainable way. They work with a range of stakeholders at the local and
national level, on projects and initiatives in the areas of health, education, infrastructure and
business development, among others in helping to build livelihoods in host communities. Whereas
community demands and the complexity of social problems faced may at times be felt more
extremely at mining operations in emerging economies, where the challenges of poverty,
unemployment and inequality are most visible, the concept of shared value is relevant across all of
their operating power.

Using current technology, AngloGold Ashanti is able to maintain flexibility in responding to changes
in our operating environments. They use technological innovation to implement solutions that make
sure that their workplaces are safely secured, all employees are healthy, well inspired, and have the
right equipment needed to execute their tasks, and that their processes are efficiently enhanced.

AngloGold Ashanti has a multi-pronged approach to innovation, spanning what is currently

underway to a ten-year horizon and beyond. AngloGold Ashanti is in various stages of the
implementation of several transformational technology-based solutions, including, but not limited to
autonomous drilling, real-time fatigue detection and monitoring, accident collision avoidance,
vehicle condition monitoring, plant anomaly detection, robotic platform automation and training
bots.

They have created a Group risk management framework which enables every individual or group to
identify, assess, respond to, manage and record risks. The framework allows them to monitor the
potential risks and opportunities associated with uncertainty, societal and political transition,
economic fluctuations, regulatory changes and operational and production risks in a proactive and
systematic way through all areas of their business and by all levels of management. This framework
applies across the company and to all Group-managed entities.

AngloGold Ashanti has a formal risk management policy and a comprehensive set of risk
management standards. AngloGold Ashanti holds on the King IV Corporate Governance Risk
Principles, ISO 31000 and the Committee of Sponsoring Organisations (COSO) Enterprise Risk
Management Framework.

The success of AngloGold Ashanti is tied to the accomplishments and well-being of its employees.
AngloGold Ashanti aims to develop people and encourage a workplace that allows every person to
contribute, learn and flourish.

AngloGold Ashanti understands the main purpose of your career – to progress as you acquire new
skills and abilities. The organisation attempt to secure that you are always in the correct role, doing
the exact job, in the proper environment and at the right time. As a valued member of the
AngloGold Ashanti team of specialists in mining, you can share your expertise while acquiring new
skills and abilities in various locations in your country and on a variety of different projects. The
company ensures that you receive the respect your specialisation deserves.

As one of the global teams of experts, you will not only be helping AngloGold Ashanti become a
leading mining company but will also be helping ensure those affected by the company’s activities
benefit from its presence.

Work for a company that holds diversity as a core value. AngloGold Ashanti believes in gender
diversity and respects the role of women in the workplace. Localisation and employment equity are
as important to the company as it is for the communities in which it operates.

AngloGold Ashanti not only provides industry-leading medical and maternity benefits but also
provides the opportunity to work in a company that offers several different career paths. AngloGold
Ashanti understands the importance of work-life balance for you and your family and will help
ensure you work with purpose.

At AngloGold Ashanti, you will have the opportunity to have a fulfilling, challenging career as you
work for a mining company with a leading reputation in the industry.