Mr. Asubonteng has worked with AngloGold Ashanti since 2013. He rose through the ranks by dint of hard work and strong commitment to duty to reach his current position.

Eric Asubonteng
Eric Asubonteng

He takes over from Mark Morcombe, former Senior Vice President and Managing Director of
AGAG who leaves the company after several years of dedicated service to AGAG.

Until this appointment, Mr. Asubonteng was Head of Operations and Corporate Affairs of the
Company’s Obuasi Mine and had full responsibility for managing the reputation of the
company as head of Corporate Affairs.

Mr. Asubonteng is a highly accomplished Finance Executive with 13 years’ experience in executive roles, both local and international, in both surface mining and underground operations. This has included financial management roles in the resources sector incorporating responsibility for financial and management accounting, financial management, supply chain, IT, business operations and restructuring, as well as operational management and corporate affairs.

Mr. Asubonteng is a chartered accountant. He holds a first degree from the University of
Ghana Business School, an MBA from the Manchester Business School, and currently
pursuing a Mining Engineering certificate.

Mr. David Noko, Executive Vice President Sustainability of AngloGold Ashanti said the
company is pleased to have Mr. Asubonteng preside over the operations of the company’s
Obuasi Mine.

“We are convinced that given his very deep insights and experience in the extractive industry
and Finance, we have in Mr. Asubonteng the right balance required to move the company to
the next level,” he said.

Mr. Noko expressed gratitude to Mr. Morcombe for bringing to bear on the operations of the
company sterling management and operational qualities resulting in the mine’s current
positive outlook.

Mr. Asubonteng expressed delight at the opportunity to serve the company in another
capacity, saying he will work with the rest of the team at the Ghana and corporate level, as
well as stakeholders at the local and national levels to realise the vision of the company.

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