BHP Appoints South32 Non-Executive Directors

BHP Billiton has announced four additional appointments to the Board of Directors of South32.

These Non-executive Director appointments are subject to shareholder approval for its proposed demerger of global metals and mining company South32.

The new Non-executive Director appointments are Frank Cooper, Peter Kukielski, Futhi Mtoba and Wayne Osborn.

They will be joining the Chairman Elect, David Crawford and the three previously announced Board members, Graham Kerr (Chief Executive Officer Elect and Executive Director), Keith Rumble (Independent Non-executive Director) and Xolani Mkhwanazi (Non-executive Director).

The initial composition of the South32 Board following the proposed demerger will reflect a range of geographical backgrounds including Australia, South Africa and the United Kingdom.

South32 Chairman Elect David Crawford said “The addition of these four individuals to the future South32 Board further enhances the extensive mining, exploration, commercial and financial experience of our Board. The appointments bring broad international business experience across multiple industries with a particular focus on finance, processing and mining.”

Frank Cooper has more than 35 years’ experience in the accounting profession, specialising in the mining, energy and utilities sector, including most recently as a partner of PricewaterhouseCoopers.

Mr Cooper has served as a Director for Woodside Petroleum Limited since February 2013.

Peter Kukielski was Executive-in-Residence at Warburg Pincus following a long career in the mining industry establishing an exceptionally broad commodity understanding, most recently as Chief Executive Mining at ArcelorMittal in the United Kingdom.

Ntombifuthi (Futhi) Mtoba was Chairman of the Board at Deloitte Southern Africa, where her industry specialisation was in financial services.

Dr Mtoba is a past President of Business Unity South Africa (BUSA) and a past member of the Board of United Global Compact. Dr Mtoba’s numerous awards include Business Woman of the Year (Nedbank and Business Women’s Association, 2004) and International Woman of the Year (Organisation of Women in International Trade, 2005). (Location: South Africa).

Wayne Osborn is currently a Director of Wesfarmers Limited, Iluka Resources Limited and Alinta Holdings Limited and has 35 years of experience in the Australian mining, resources and manufacturing sectors.

Mr Osborn joined Alcoa in 1979 and worked in a variety of roles and locations across the Australian business, prior to being appointed Managing Director, Alcoa of Australia in 2001. (Location: Australia).

The BHP Billiton Board on 17 March 2015 recommended shareholders approve the proposed demerger of South32 at the shareholder meetings to be held on 6 May 2015. If shareholder approval is received, these Director appointments for South32 will take effect from 7 May 2015

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