PDMR notification: Vesting of awards to CEO

Glencore PLC

23 March 2026

 

Glencore plc

Baar, Switzerland

23 March 2026

PDMR notification: Vesting of awards to CEO

The Company announces the vesting on 22 March 2026 of shares granted to its Chief Executive Officer, Gary Nagle, in respect of a Deferred Bonus Award (DBA) and a Restricted Share Plan (RSP) award. Further details on Mr Nagle's remuneration are included in the Directors' Remuneration Report in the 2025 Annual Report that the Company released on 10 March 2026. However, the vestings set out below will be included in the 2026 Directors' Remuneration Report in the 2026 Annual Report.

Details regarding the vested shares are contained are the table below.

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Gary Nagle
2	Reason for the notification
a)	Position/status	Chief Executive Officer
b)	Initial notification/Amendment	Initial notification
3	Details of the issuer, UK emission allowance market participant, auction platform or auctioneer
a)	Name	Glencore plc
b)	LEI	2138002658CPO9NBH955
4	Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted
a)	Description of the financial instrument, type of instrument Identification code	Vesting of units now converted into ordinary shares of the Company: i) Share units awarded under the DBA have fully vested 3 years following grant date ii) Share units awarded under RSP have fully vested 3 years following grant date, following an assessment by the Remuneration Committee of the performance underpins. They remain subject to a holding period equal to the later of five years from the grant date or two years post-employment. ISIN: JE00B4T3BW64
b)	Nature of the transaction	Vesting on 22 March 2026 into ordinary shares of awarded units following: i) Grant of share units under the DBA ii) Grant of share units under the RSP The grants were made on 23 March 2023.
c)	Price(s) and volume(s)	i) Shares vested under DBA	Volume(s) i) 316,399
		ii)  Shares vested under RSP	Volume(s) ii) 608,622
d)	Aggregated information ·    Aggregated volume ·    Price	Aggregate number of shares vested: (No price paid.)	Volume(s) 925,021
e)	Date of the transaction	23 March 2026
f)	Place of the transaction	Outside a trading venue

For further information please contact:

Investors
Martin Fewings	t: [phone]	m: [phone]	[e-mail]
Media
Charles Watenphul	t: [phone]	m: [phone]	[e-mail]
Company Secretarial
John Burton	t: [phone]	m: [phone]	[e-mail]

www.glencore.com

Glencore LEI: 2138002658CPO9NBH955

Notes for Editors

Glencore is one of the world's largest global diversified natural resource companies and a major producer and marketer of more than 60 commodities. Through a network of assets, customers and suppliers that spans the globe, we produce, process, recycle, source, market and distribute the commodities that advance everyday life.

With over 140,000 employees and contractors and a strong footprint in over 30 countries in both established and emerging regions for natural resources, our marketing and industrial activities are supported by a global network of offices.

Glencore's customers are industrial consumers, such as those in the automotive, steel, power generation, battery manufacturing and oil sectors. We also provide financing, logistics and other services to producers and consumers of commodities.

linkedin.com/company/glencore

x.com/glencore

instagram.com/glencoreplc

facebook.com/glencore

youtube.com/glencorevideos

Important Information

This material does not purport to contain all of the information you may wish to consider. For further important information, including in connection with forward-looking statements and other cautionary information, refer to the Important notice section of Glencore's 2025 Annual Report, which is available at glencore.com/publications. This document does not constitute or form part of any offer or invitation to sell or issue, or any solicitation of any offer to purchase or subscribe for any securities.

Other information

The companies in which Glencore plc directly and indirectly has an interest are separate and distinct legal entities. In this document, "Glencore", "Glencore group" and "Group" are used for convenience only where references are made to Glencore plc and its subsidiaries in general. These collective expressions are used for ease of reference only and do not imply any other relationship between the companies. Likewise, the words "we", "us" and "our" are also used to refer collectively to members of the Group or to those who work for them. These expressions are also used where no useful purpose is served by identifying the particular company or companies.

 

END