Glencore plc announced the retirement of Peter Coates. Peter Coates will not seek re-election at the AGM on 29 May 2024, and will retire from the Board on 29 May 2024. He joined the Board of Glencore plc on its IPO in 2011, aged 66, when many might be winding down.

Far from it with Peter. He has chaired the HSEC Committee from the beginning and has consistently pushed for improvements in the company's operating standards, especially in Health and Safety, which has continued to this day. His combined experience of the industry and of the company's Group will be impossible to replicate.

The company announced the appointment of John Wallington as an Independent Non-Executive Director of the Company is effective from 1 June 2024. John Wallington has over 40 years' experience in the mining industry, overseeing operations in South Africa, Australia, Colombia and Canada. Mr. Wallington spent most of his career at Anglo American plc covering 27 years, culminating in him holding the role as Global CEO Anglo Coal.

Prior to this he was appointed as CEO Anglo Coal South Africa (2001-2004). After leaving Anglo American, Mr. Wallington held positions as CEO of Coal of Africa, (2010-2013), Head of Energy at Sibanye (2016-2018) and CEO of Riversdale Resources in Canada (2020-2022). He has also had board positions as a non-executive director with Keaton Energy (2009); Buffalo Coal (2015) and Kwatani (2018-2020).

Mr. Wallington holds a BSc in Mining Engineering from the University of the Witwatersrand. Further qualifications include Executive programmes with both the London and Harvard Business Schools. Mr. Wallington is certified with the Institute of Corporate Directors through The ICD-Rotman Board Dynamics Program (University of Toronto).