AngloGold Ashanti (AU) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed attendees, confirmed quorum, and introduced board members and executive directors, including new board member Marcus Randolph standing for election for the first time.

Financial performance review

• Achieved record free cash flows and paid a record dividend in 2025, supported by strong gold prices and operational discipline.

• Reported record-adjusted EBITDA of $6.3 billion and free cash flow of $2.9 billion.

• Ended 2025 with an adjusted net cash position of $879 million, strengthening the balance sheet.

• Production reached 3.1 million ounces, a 16% year-on-year increase, with unit costs kept nearly flat in real terms.

• Sukari mine produced a record 500,000 ounces at the lowest total cash cost of $783/oz.

Board and executive committee updates

• Marcus Randolph joined the board, bringing global mining experience to support the company’s next phase.