2022 Distribution Timetable

Baar, Switzerland
15 February 2022

Glencore plc has today announced that its Board is recommending an aggregate distribution of US$0.26 per share in respect of the financial year ended 31 December 2021.

Distributions will be declared and paid in U.S. dollars, although shareholders on the Jersey register will be able to elect to receive their distribution payments in Pounds Sterling, Euros or Swiss Francs. Shareholders who formerly held shares through the Computershare Hong Kong nominee will receive distribution payments in US dollars unless they make an election to receive payments in Swiss francs, Sterling or Euros, or subscribe to the global payment service to elect to receive payments in the currency of their choosing (including Hong Kong Dollars), by the prescribed date. Elections will remain in place until revoked by the shareholder.

Shareholders on the Johannesburg register will receive their distribution payments in South African Rand.

Subject to shareholder approval, the distribution will be made from the capital contribution reserves of the Company in two equal tranches of $0.13 payable in the first six months of the 2022 financial year (H1) and second six months of the 2022 financial year (H2) in accordance with the following:

H1 Distribution Timetable

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 20 April 2022 to Friday 22 April 2022, both days inclusive.

H2 Distribution Timetable

Dematerialisation and rematerialisation of registered share certificates in South Africa may not be effected during the period from Wednesday 31 August 2022 to Friday 2 September 2022, both days inclusive.

For the purposes of the JSE Listing Requirements, this distribution is considered final but remains subject to approval of shareholders at the Company’s AGM on 28 April 2022.

Further information in relation to the JSE Listing Requirements will be announced on 19 April and 29 August 2022.

For further information please contact:

Investors

Martin Fewings
t: +41 41 709 2880
m: +41 79 737 5642
martin.fewings@glencore.com

Media

Charles Watenphul
t: +41 41 709 2462
m: +41 79 904 3320
charles.watenphul@glencore.com

Company Secretarial

John Burton
t: +41 41 709 26 19    
m: +41 79 944 54 34    
john.burton@glencore.com

Nicola Leigh
t: +41 41 709 27 55    
m: +41 79 735 39 16    
nicola.leigh@glencore.com

Lionel Mateo
t: +41 41 709 28 47    
m: +41 79 152 09 05    
lionel.mateo@glencore.com

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world’s largest global diversified natural resource companies and a major producer and marketer of more than 60 responsibly-sourced commodities that advance everyday life. The Group's operations comprise around 150 mining and metallurgical sites and oil production assets.

With a strong footprint in over 35 countries in both established and emerging regions for natural resources, Glencore's industrial activities are supported by a global network of more than 30 marketing offices. Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities. Glencore's companies employ around 135,000 people, including contractors.

Glencore is proud to be a member of the Voluntary Principles on Security and Human Rights and the International Council on Mining and Metals. We are an active participant in the Extractive Industries Transparency Initiative. Our ambition is to be a net zero total emissions company by 2050.

Disclaimer
The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore”, “Glencore group” and “Group” are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies.  Likewise, the words “we”, “us” and “our” are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.