Baar, Switzerland 14th February 2018 Glencore statement to Global Witness regarding South Sudan Glencore welcomes the opportunity to engage with Global Witness regarding its Report about Nile Petroleum Corporation in South Sudan. Between November 2013 and January 2016 Glencore purchased eleven Dar Blend crude oil cargoes from South Sudan’s Ministry of Petroleum and Mining, which were shipped between December 2013 and February 2016. Glencore made the payments for these crude oil cargoes in accordance with the invoices issued by the Ministry of Petroleum and Mining. Nine payments were made to an account at the Bank of South Sudan. According to the respective invoices, the beneficiaries of this account were either The Ministry of Finance, Bank of South Sudan or Nile Petroleum Corporation. Nile Petroleum was named as beneficiary for one of these payments. As for the two other cargoes, one cargo was paid to an account at Stanbic Bank in South Sudan (Nile Petroleum was the beneficiary of this account) and the other was paid to the account of the China National Petroleum Company pursuant to a payment assignment authorised by the Ministry of Petroleum and Mining. Glencore confirms that it has never made loans to the Government of South Sudan, or entered into pre-finance arrangements, for the acquisition of South Sudanese oil. Glencore is committed to high standards of corporate governance and transparency. In alignment with Chapter 10 of the EU Accounting Directive, Glencore discloses its economic contribution and payments to governments on a country-by-country and project-by-project basis in its Payments to Governments Report. However, since Glencore does not have operational assets in South Sudan, the payments for these crude oil cargoes are not captured by the Glencore Payments to Governments Report. Glencore is currently in the process of compiling its 2017 Payments to Governments report. We expect the report to include additional disclosure around payments to State Owned Enterprises (SOEs). Glencore is proud to be a Supporting Company of the Extractive Industries Transparency Initiative EITI since 2011 and supports increased transparency around the redistribution and reinvestment of payments made to governments (including SOEs). Ends