These statements are based on a number of assumptions, including, but not limited to, assumptions regarding general business and economic conditions, future outlook and anticipated events, such as the ability and timing of Anglo American and Teck to complete the Merger, the ability of Teck and Anglo American to obtain all required regulatory approvals, the ability of Teck and Anglo American to satisfy all other closing conditions to the Merger, the strategic vision of the merger between Teck and Anglo American following the closing of the Merger, integration of Anglo American and Teck following the closing of the Merger, the ability for Anglo Teck to provide exceptional and enduring benefits for Canada, the ability for Anglo Teck to meet all of its binding commitments under the ICA, the ability for Anglo Teck to spend C$4.5 billion in Canada within 5 years, the ability of Anglo Teck to enhance critical minerals processing at trail and to advance the development of the Galore Creek and Schaft Creek copper projects, the ability for Anglo Teck to spend at least C$10 billion in Canada over the next 5 years, expectations regarding Anglo Teck’s reputation and market perception, expectations regarding Anglo Teck’s objective alignment with the Canadian government, expectations regarding Anglo Teck’s head office located in Vancouver, British Columbia, Canada, expectations regarding Anglo Teck’s commitment to significantly invest in Canada and its natural resources, expectations with respect to Teck’s current stakeholders, Indigenous nations and local communities, and Anglo Teck’s commitment to continue its social and environmental practices and engagement, expectations regarding Anglo Teck’s environmental practices, expectations regarding board and senior management positions and residence, the continued construction of the HVC MLE and the future Red Dog mine life extension project, ability of Anglo Teck to maintain all existing agreements in Canada with communities, Indigenous nations and labour unions, ability for Anglo Teck to have its primary listing on the LSE, the ability for Anglo Teck’s shares to be listed on the JSE, TSX and NYSE (subject to approval of the applicable securities exchange), ability for Anglo Teck to retain Anglo American’s FTSE UK index inclusion, ability for Anglo Teck’s potential future shares listed on the TSX to gain index inclusion, expectations with respect to other capital investments in Canada for future operations, exploration, technology, projects and operations, ability to establish and fund a Global Institute for Critical Minerals Research and Innovation in Canada, South Africa and the UK, establishing and maintaining junior mining partnerships across Anglo Teck, expectations regarding the ability of Anglo Teck to maintain 100% of the employment levels at Teck’s Canadian operations and to increase the level of youth employment and training opportunities, the ability for Anglo Teck to assess and construct a potential new copper smelter in British Columbia, our expectations that Anglo Teck will continue and maintain Teck’s remediation and reclamation activities at Teck controlled sites, continued commitment to South Africa, ability to continue to comply with all relevant empowerment and mining license requirements in South Africa, and Anglo Teck’s ability to financially contribute to South Africa’s Junior Mining Exploration Fund. The foregoing list of assumptions is not exhaustive. Events or circumstances could cause actual results to vary materially.
