During the year, a full survey of the Board members' interests and appointments was carried out and the Board was fully briefed on the Companies Act 2006 provisions in relation to conﬂicts of interest. Appropriate conﬂict management procedures are in place. Anglo American policy dictates that if a director becomes aware that they have a direct or indirect interest in an existing or proposed transaction with Anglo American, they should notify the Board at the next Board meeting or by a written declaration. Directors have a continuing duty to update any changes in these interests. There were no such notiﬁcations of interests in proposed transactions during the year. In accordance with the Company's Articles and relevant legislation, an unconﬂicted quorum of the Board can authorise potential conﬂicts and such authorisations can be limited in scope and are reviewed on an annual basis. During the year under review, the conflict management procedures were adhered to and operated effectively.