South32 Limited announced the appointment of two new independent Non-Executive Directors, Jane Nelson and Carlos Mesquita, to the South32 Board and advises the resignation of Guy Lansdown as an independent Non-Executive Director. Jane and Carlos will join the Board on 1 May 2023 and seek election by shareholders at this year's Annual General Meeting. Jane's appointment follows an extensive global search to identify a Director with skills and leadership experience in sustainability, environment, social performance and governance.

Jane has over 30 years' experience in sustainable development and natural resources and is the Founding Director of the Harvard Kennedy School's Corporate Responsibility Initiative. She is a Non-Executive Director with Newmont Mining Corporation and serves on advisory councils to several major companies and non-profit organizations. Based in the US, she also worked for The Prince of Wales International Business Leaders Forum in the UK, the World Business Council for Sustainable Development in Africa, FUNDES in Latin America and as a Vice President at Citibank working in Asia, Europe and the Middle East.

Carlos has over 40 years' experience in the global mining and metals industry and spent most of his career with major mining companies focused on base metals and aluminum in the Americas and Africa, where he held various senior management roles, including Vice President Major Projects for BHP's base metals business. Earlier in his career, Carlos served as Asset President of the Escondida copper mine in Chile and Mozal Aluminum in Mozambique. He has consulted for several mining companies on acquisitions of mining assets in South America, and in the first half of 2022 he worked with South32 to support the company's acquisition of its 45 per cent interest in Sierra Gorda SCM and to establish a presence in Chile.

Jane Nelson, 62, is the founding Director of the Harvard Kennedy School's Corporate Responsibility Initiative. Ms Nelson has been a Non-Executive Director with Newmont Mining Corporation since 2011. She is a non-resident senior fellow in the Global Economy and Development program at Brookings and a former senior associate of Cambridge University's Programme for Sustainability Leadership.

Ms Nelson is a member of the World Economic Forum's Global Future Council on Good Governance and of the Business Commission to Tackle Inequality, and serves on ExxonMobil's External Sustainability Advisory Panel. She previously served on the Independent Advisory Panel to the International Council on Mining and Metals' Resource Endowment Initiative and on advisory councils for other companies, the World Bank Group and the United Nations. Ms Nelson also worked for The Prince of Wales International Business Leaders Forum in the UK, the World Business Council for Sustainable Development in Africa, FUNDES in Latin America and as a Vice President at Citibank working in Asia, Europe and the Middle East.

Ms Nelson was born in Zimbabwe and has a B.Sc. in Agricultural Economics (Cum Laude) from the University of KwaZulu-Natal in South Africa and a B.A. and M.A. in Philosophy, Politics and Economics from the University of Oxford, where she was a Rhodes Scholar. She is based in Cambridge, Massachusetts.

Carlos Mesquita, 64, has extensive experience in leading mining and processing operations and major capital projects. He has worked in the mining and metals industry for more than 40 years. He spent 30 years with BHP where he held various positions in the company's base metals and aluminum businesses, including Asset President of Mozal Aluminum and Asset President of Escondida the world's largest copper mine.

Mr. Mesquita also served as Vice President Major Projects where he led the base metals projects program, overseeing more than US$10 billion in mining investments in countries including Chile, Australia, and Peru. Subsequent to his career with BHP, Mr. Mesquita advised mining companies and private equity funds on acquisitions of mining assets in South America and was a Non-Executive Director of Mineração Serra Verde, a mid-sized rare earth minerals mine in central Brazil. He also advised Samarco Mineração on remediation and recovery projects following the tailings dam failure in 2015.

Mr. Mesquita has a Bachelor's Degree in Metallurgical Engineering and a Master of Business Administration from the Federal University of Rio de Janeiro in Brazil.