9/4/2026

speaker
Moderator
Operator/Moderator

Good morning ladies and gentlemen and welcome to the African Rainbow Mnrls results for the 2026 financial year. We'd like to thank everyone who's joining us online, who's joining us via LinkedIn, but a special thank you to those of you who are joining us in person. Before I hand over, just some house rules. So we will allow the presentation until the end, and then we will start with questions. We'll start with questions from the floor, and then we'll move over to online questions, and then we will conclude the presentation. Now, please help me in welcoming our founder and chairman, Dr. Patrice Mzepe.

speaker
Dr. Patrice Motsepe
Founder and Chairman

Thank you. Thank you. Just a few brief remarks here. Deep gratitude, my personal deep gratitude. I know I speak on behalf of the board and I also know on behalf of the management to thank each and every one of you for being with us and it's very important. Phillip will lead the team with Tzu and the executive management to talk about the results. Also, my deep personal gratitude to our board members, Dr. Narko, Bongani, and Tsifiwa, and Bitsi, thank you so much for being here, and the rest of the management team. Just as I go and sit down, two important issues. Number one is, you know, we started this company many, many, many years ago. We've got some of our partners here, is that right? Yeah. Can you whisper some names, Thabang? Because some of the partners say I mention some and don't mention others. Sorry? Esau. Who's here from Esau? Oh, Sandra. Thank you so much, Sandra. Impala, Glencoe, Valtera, Sumitomo. You know, I was in... I was in Geneva two weeks ago at a meeting of the top CEO and Chairman of the largest companies in the world, and somebody came to me, I thought a young man, and said hello to me, and halfway said to me that you are my partner. Well, we work together, and I was a bit embarrassed. You know, sometimes you've got to pretend, yeah, I'm your partner. Yes, I'm your partner. and thank God he didn't ask me who am I. And the CEO, the global CEO of Sumitomo, thank you so much. Please pass my deep gratitude to him and tell him that it was wonderful seeing him in Geneva and the partnership and the good work that they are doing with us all and through your shareholding, the partnership in S-MENG, very, very important. As I said, two quick issues before I sit down. Every company is judged by its results. We've always known that. We have to consistently, consistently, consistently, from an African Rainbow Minerals perspective, deliver competitive results, good results. And what is very obvious is, of course, there are circumstances which are outside our control. We understand and we know that. We are no different in that regard from every single mining company in the world. So we take the price of our commodities, and our commodity prices are very volatile and cyclical, and we also take the prices of the currency. I should say, as a South African, I love a strong Rand, and I should stop there. It's good for the country, good for the poor. And we've always said we have a broader obligation. Of course, our number one duty is to make sure that in terms of our performance, and that's why I'm so proud of what Philip and Sue and Jacques and Mareike and Tandoor and Johan and Kajal, everyone who's part of the management, Thabang and the rest. And as I said, thanks to the board. So... Our track record must reflect that we consistently, based on what the management does, deliver competitive results in our dividends and Phillip and Sue will talk about it in terms of the policy that the board has set is competitive and world class. But the second issue which is also important is a company that behaves in a manner that reflects integrity. That reflects honesty, that reflects governance, that reflects respect for legality, due process. It's important for us to create value for shareholders. It's equally, if not more important that we do so in a legal manner, in an ethical manner. And that is what has always been the culture of our men and all of the other The last point is we've always had a commitment to all stakeholders. We're a company that South Africa has a duty to reflect the best based on meritocracy, the best of our people from all backgrounds and cultures, black people, white people, colored Indian, and everybody else must feel that this is their company, not in terms of what we say, but in terms of Our track record and how our employees and management feel that we behave and also duty to the country jobs and upliftment. Now, we've also agreed that there'll be no, I'm not going to answer any question and any means any. If you, we are going to focus exclusively on The results are good. Of course the aim is to do even better. Thank you all for coming. We are so honored and grateful that you are here. And I'm going to hand over back to Thabang and she'll call the rest of the team. Thank you so much. Thank you.

speaker
Moderator
Operator/Moderator

Thank you very much. Ladies and gentlemen, I will now hand over to Mr. Philip Tobias to take us through the presentation.

Disclaimer

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