Glencore plc
Baar, Switzerland
13 September 2021
2021 H2 Distribution - determination of currency amounts
Glencore confirms that:
1. On 29 April 2021, the shareholders resolved to pay an aggregate distribution of US$0.12 per share in respect of the financial year ended 31 December 2020, payable in H1 and H2 in two equal tranches of US$0.06 per share from the capital contribution reserves of the Company. On 5 August 2021, the Company announced an additional distribution of US$0.04 per share to be paid alongside the H2 distribution. Therefore, the aggregate distribution amount for H2 will be US$0.10 per share, made from the capital contribution reserves of the Company
2. this repayment is to be made in US dollars, although shareholders on the Jersey register who have opted for a different currency by 6 September 2021 will receive their distribution payments in either 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 elected to receive payments in either 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 6 September 2021. Elections will remain in place until revoked by the shareholder
3. the Pound Sterling, Euro and Swiss Franc amounts payable are determined by reference to the closing mid exchange rates applicable to the US dollar on Thursday 9 September 2021
The following rates were published in the Financial Times guide to world currencies on Friday 10 September 2021:
| GBP/USD | EUR/USD | USD/CHF |
| 1.3845 | 1.1818 | 0.9185 |
Accordingly, for non US dollar payments the amount payable per share on 21 September 2021 will be approximately:
| Pounds Sterling | Euros | Swiss Francs |
| 0.072228 | 0.084617 | 0.091850 |
An announcement was made in South Africa on 30 August 2021 regarding the determination of the South African Rand amount payable in respect of shares on the Johannesburg register.
For further information please contact:
| Investors | |||
| Martin Fewings | t: +41 41 709 28 80 | m: +41 79 737 56 42 | martin.fewings@glencore.com |
| Media | |||
| Charles Watenphul | t: +41 41 709 24 62 | m: +41 79 904 33 20 | 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 |
www.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.
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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.
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