Corporate governance

AngloGold Ashanti is governed by a unitary Board of Directors, which consists of 11 directors – nine independent non-executive directors and two executive directors.

The seeks to ensure AngloGold Ashanti remains a responsible corporate citizen by delivering on its financial performance objectives and pursuing environment, social and governance (ESG) principles, striving to enhance the economic life of host communities and to protect and minimise harm to the environment. The Board acts with independence and its members have the appropriate competencies and experience to execute their fiduciary duties.

A culture of transparent reporting – internal and external – ensures compliance with AngloGold Ashanti’s policies and procedures, and that challenges are addressed as they arise.

As a NYSE-listed entity with secondary listings on the Johannesburg Stock Exchanges (JSE and A2X) and the Ghana Stock Exchange (GSE), the Group is governed by the requirements of the US Securities and Exchange Commission (SEC) and the NYSE. An assessment undertaken at the end of the second quarter of 2024 confirmed AngloGold Ashanti’s status as a foreign private issuer for the purposes of SEC and NYSE rules. Following the corporate restructure in 2023, the Board continues to review and navigate the complexities associated with being a UK incorporated entity that is aligned to US entity practice. The Board is mindful of the governance practices in all the jurisdictions which impact our corporate structure and the governance framework that has been implemented appropriately reflects the Company’s current status and the Board’s ambition.

For further information on our governance practices, see the Annual Report 2024: Governance report.

External charters and indices

Effective leadership is not limited to compliance with the applicable rules and regulations. AngloGold Ashanti has also adopted non-binding rules, codes and standards that support AngloGold Ashanti being an effective and ethical corporate citizen.

Without limitation, AngloGold Ashanti is a member of and a signatory to the:

• International Council on Mining and Metals (ICMM)
• Principles of the United Nations Global Compact (UNGC)
• Extractive Industries Transparency Initiative (EITI)
• United Nations Guiding Principles on Business and Human Rights
• Voluntary Principles on Security and Human Rights (VPSHR)
• World Gold Council’s Conflict-Free Gold Standard and Responsible Gold Mining Principles
• International Cyanide Management Code
• United Nations Women Empowerment Principles (WEPs)