Anglo American and Teck approve merger of equals to form Anglo Teck

Anglo American plc (“Anglo American”) notes the announcement by Teck Resources Limited (“Teck”) on the results of its shareholder vote at the special meeting where the proposed merger of equals with Anglo American was approved.

The report of voting results of the special meeting of Teck Shareholders will be available under Teck’s issuer profiles on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov.

Duncan Wanblad, CEO of Anglo American said: “We are extremely pleased to have received such strong support both from shareholders and stakeholders alike. Today marks a major milestone towards forming Anglo Teck – a global critical minerals champion, headquartered in Canada, and a top five global copper producer.

“Bringing together the best of both companies, Anglo Teck is set up to deliver outstanding value for shareholders of both companies – in the near term through a unique combination of industrial and other synergies, and in the longer term by applying proven capabilities to exceptional growth optionality, offering investors more than 70% exposure to copper.

“Looking ahead, we will continue to work closely with Teck and the regulatory authorities across various jurisdictions during the course of 2026 to obtain the necessary approvals to progress towards completion.”

Completion of the merger remains subject to conditions customary for a transaction of this nature including approval under the Investment Canada Act and competition and regulatory approvals in various jurisdictions globally.