2019 Full Year Financial Results Presentation South32 Limited (Incorporated in Australia under the Corporations Act 2001) (ACN 093 732 597) ASX / LSE / JSE Share Code: S32 ADR: SOUHY ISIN: AU000000S320 south32.net 22 August 2019 2019 FULL YEAR FINANCIAL RESULTS PRESENTATION The following presentation has today been submitted to the National Storage Mechanism and will shortly be available for inspection at http://www.morningstar.co.uk/uk/nsm: South32 Limited – 2019 Full Year Financial Results South32 Limited (ASX, LSE, JSE: S32; ADR: SOUHY) (South32) held a conference call at 8.00am Australian Western Standard Time to discuss the presentation materials. The conference call recording will be available on the South32 website (https://www.south32.net/investors-media/full-year- financial-results). Separately an audio presentation of the “2019 results analysis” section of the attached materials by South32 Limited Chief Financial Officer, Katie Tovich, is now available on our website at https://www.south32.net/investors-media/full-year-financial-results. About South32 South32 is a globally diversified mining and metals company. We produce bauxite, alumina, aluminium, energy and metallurgical coal, manganese, nickel, silver, lead and zinc at our operations in Australia, Southern Africa and South America. We are also the owner of a high grade zinc, lead and silver development option in North America and have several partnerships with junior explorers with a focus on base metals. Our purpose is to make a difference by developing natural resources, improving people’s lives now and for generations to come, and to be trusted by our owners and partners to realise the potential of their resources. FURTHER INFORMATION INVESTOR RELATIONS Alex Volante Tom Gallop T +61 8 9324 9029 T +61 8 9324 9030 M +61 403 328 408 M +61 439 353 948 E Alex.Volante@south32.net E Tom.Gallop@south32.net MEDIA RELATIONS James Clothier Jenny White T +61 8 9324 9697 T +44 20 7798 1773 M +61 413 391 031 M +44 7900 046 758 E James.Clothier@south32.net E Jenny.White@south32.net Further information on South32 can be found at www.south32.net. JSE Sponsor: UBS South Africa (Pty) Ltd 22 August 2019 Date: 22/08/2019 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.