Page 1

GLENCORE First Quarter 2021 Production Report Released : 29/04/2021 07:00 RNS Number : 9762W Glencore PLC 29 April 2021 NEWS RELEASE Baar , 29 April 2021 First Quarter 2021 Production Report Glencore Chief Executive Officer , Ivan Glasenberg : " The Group's overall production was broadly in line with our expectations for the first quarter . Production in Q1 2021 reflects that many of our operations continue to maintain thorough Covid - safe working practices , as appropriate for each specific country and region . Coal production was down 7.4 million tonnes , reflecting Prodeco's care and maintenance status and the market - related production cuts in Australia , actioned in H2 2020. Full year production guidance has been maintained for our key commodities . " Basis Q1 2021's marketing performance , we expect full year Marketing EBIT to be within the top half of our long - term $ 2.2-3.2 billion p.a. guidance range . " Production from own sources - Total¹ Copper Cobalt Zinc Lead Nickel Gold Silver Ferrochrome Coal - coking Coal - semi - soft Coal - thermal Coal Q1 2021 Q1 2020 Change % kt 301.2 293.3 3 kt 6.8 6.1 11 kt 282.6 295.6 ( 4 ) kt 55.3 61.7 ( 10 ) kt 25.2 28.2 ( 11 ) koz 224 211 6 koz 7,761 7,778 kt 399 388 3 mt 2.4 1.8 33 mt 1.2 1.6 ( 25 ) mt 20.9 28.5 ( 27 ) mt 24.5 31.9 ( 23 ) kboe 1,071 1,806 ( 41 ) E8S8 Oil ( entitlement interest basis ) 1 Controlled industrial assets and joint ventures only . Production is on a 100 % basis , except as stated later in this report . Production guidance No changes versus previous guidance . Actual Previous Current FY guidance guidance 2020 2021 2021 weighting 2021 HI H2