Anglo American plc has announced a change in its finance director position. John Heasley will join the company and its Executive Leadership Team (ELT) as Finance Director and as an executive director on the Board of Anglo American plc on December 1, 2023. Stephen Pearce, who has served as Finance Director since April 2017, will step down from the Board and ELT on the same date but will remain employed by Anglo American until February 29, 2024, to support the transition. Pearce's retirement arrangements include a payment in lieu of unworked notice, good leaver treatment for outstanding share awards, and a bonus payment for 2023. His unvested Long Term Incentive Plan (LTIP) awards will be pro-rated and vest at the normal time if the performance conditions have been satisfied. Pearce will be expected to maintain a minimum holding of Anglo American shares for a period of two years after his retirement.