Leadership

LETTER FROM CHAIRMAN OF THE AUDIT AND RISK COMMITTEE

On behalf of the Audit and Risk Committee of AngloGold Ashanti, I am pleased to recommend to shareholders and other stakeholders our integrated report.

It is the Audit and Risk Committee’s principal regulatory duty to oversee the integrity of the group’s internal control environment and to ensure that financial statements are appropriate and comply with International Financial Reporting Standards (IFRS) and fairly present the financial position of the group and company and the results of their operations.

This committee also monitors the integrity of the group’s integrated reporting and annual financial statements and all factors and risks that may impact on reporting and is satisfied that these do not conflict with the financial results.

This report has been produced in line with the recommendations contained in King III and has been guided by the framework published by the International Integrated Reporting Council (IIRC) in December 2013. AngloGold Ashanti supports the work done by the IIRC and has been a member of the group of pilot companies that have sought to implement integrated reporting. This report subscribes to the principles embedded within the IIRC framework.

The company has continued to make progress in its journey towards integrated reporting. In the year ahead we will continue to focus on the effectiveness of our risk management processes. We will also continue with the integration of the combined assurance process within AngloGold Ashanti to ensure value is derived through the various assurance processes.

Rhidwaan Gasant
Chairman: Audit and Risk Committee
19 March 2015

CFO's report Board of directors