Base Prospectus dated 2 July 2021 Glencore Finance (Europe) Limited (incorporated in Jersey) Glencore Capital Finance DAC (incorporated in Ireland) guaranteed by Glencore plc (incorporated in Jersey) and Glencore International AG (incorporated in Switzerland) and Glencore (Schweiz) AG (incorporated in Switzerland) U.S.$20,000,000,000 Euro Medium Term Note Programme Arranger Barclays Dealers Barclays Citigroup Credit Suisse Deutsche Bank HSBC J.P. Morgan NatWest Markets Under this U.S.$20,000,000,000 Euro Medium Term Note Programme (the “Programme”), Glencore Finance (Europe) Limited and Glencore Capital Finance DAC may from time to time issue notes (the “Notes”) unconditionally (subject, in the case of Glencore (Schweiz) AG, to applicable Swiss law) and irrevocably guaranteed by Glencore plc (“Glencore” or the “Company”), Glencore International AG and Glencore (Schweiz) AG (each a “Guarantor” and together, the “Guarantors”) and denominated in any currency agreed between the relevant Issuer (as defined below), the Guarantors and the relevant Dealer (as defined below). In this Base Prospectus, references to the “Issuer” are to either Glencore Finance (Europe) Limited or Glencore Capital Finance DAC, as the case may be, as the issuer of Notes under the Programme as specified in the relevant Final Terms (as defined below) and references to the “relevant Issuer” shall be construed accordingly. The maximum aggregate principal amount of Notes outstanding at any one time under the Programme will not exceed U.S.$20,000,000,000 (and for this purpose, any Notes denominated in another currency shall be translated into U.S. dollars at the date of the agreement to issue such Notes (calculated in accordance with the provisions of the Dealership Agreement (as defined under “Subscription and Sale”)). The maximum aggregate principal amount of Notes which may be outstanding at any one time under the Programme may be increased from time to time, subject to compliance with the relevant provisions of the Dealership Agreement as defined under “Subscription and Sale”. The Notes may be issued on a continuing basis to one or more of the Dealers specified under “General Description of the Programme” and any additional Dealer appointed under the Programme from time to time by the Issuers and each Guarantor (each a “Dealer” and together the “Dealers”), which appointment may be for a specific issue or on an ongoing basis. References in this Base Prospectus to the “relevant Dealer” shall, in relation to an issue of Notes being (or intended to be) subscribed by more than one Dealer, be to the lead manager of such issue and, in relation to an issue of Notes subscribed by one Dealer, be to such Dealer. Application has been made for Notes issued under the Programme for the period of 12 months after the publication of this Base Prospectus to be listed on the Official List of the Luxembourg Stock Exchange and admitted to trading on the regulated market of the Luxembourg Stock Exchange (the “Luxembourg Stock Exchange’s Regulated Market”). References in the Base Prospectus to Notes being “listed” (and all related references) shall mean that such Notes have been listed on the Luxembourg Stock Exchange and admitted to trading on the Luxembourg Stock Exchange’s Regulated Market. The Luxembourg Stock Exchange’s Regulated Market is a regulated market for the purposes of the Directive of the European Parliament and the Council on markets in financial instruments 2014/65/EU (as amended, “MiFID II”). The Programme also permits Notes to be issued on the basis that they will not be admitted to listing, trading and/or quotation by any listing authority, stock exchange and/or quotation system or to be admitted to listing, trading and/or quotation by such other or further listing authorities as may be agreed with the relevant Issuer (“Exempt Notes”). The Luxembourg Commission de Surveillance du Secteur Financier (the “CSSF”) has neither approved nor reviewed information contained in this Base Prospectus in connection with any Exempt Notes. Notice of the aggregate nominal amount of the Notes, interest (if any) payable in respect of Notes, the issue price of Notes and any other terms and conditions which are applicable to each Tranche (as defined under “Terms and Conditions of the Notes”) of Notes will be set out in the applicable final terms (the “Final Terms”) which, with respect to the Notes to be admitted to listing on the Official List of the Luxembourg Stock Exchange and to trading on the Regulated Market of the Luxembourg Stock Exchange, will be filed with the Luxembourg Stock Exchange and the CSSF. In the case of any Notes which are to be admitted to trading on a regulated market within the European Economic Area or offered to the public in a Member State of the European Economic Area in circumstances which require the publication of a prospectus under the Prospectus Regulation (as defined herein), the minimum specified denomination shall be €100,000 (or its equivalent in any other currency as at the date of issue of the Notes). 2 This Base Prospectus is valid for a period of twelve months from its date of approval and will expire on 2 July 2022. The obligation to supplement this Base Prospectus in the event of significant new factors, material mistakes or material inaccuracies will not apply when this Base Prospectus is no longer valid. This document is a base prospectus which comprises two base prospectuses (a base prospectus in respect of Glencore Finance (Europe) Limited and a base prospectus in respect of Glencore Capital Finance DAC) for the purposes of Article 8 of the Prospectus Regulation and for the purpose of giving information with regard to each Issuer and each Guarantor, which, according to the particular nature of each Issuer and each Guarantor and the Notes, is necessary to enable investors to make an informed assessment of the liabilities, financial position, profit and losses and prospects of the relevant Issuer. References in this Base Prospectus to the “Group” are to references to the Company and its subsidiaries and any subsidiary thereof from time to time. The companies in which Glencore directly and indirectly has an interest are separate and distinct legal entities. In this document, “Glencore” and “Group” is 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. These expressions are also used where no useful purpose is served by identifying the particular company or companies. This document comprises a base prospectus in respect of each of Glencore Finance (Europe) Limited and Glencore Capital Finance DAC and for that purpose, this whole document is referred to herein as the “Base Prospectus”. This Base Prospectus has been approved by the CSSF (which is the Luxembourg competent authority for the purpose of the Prospectus Regulation) as a base prospectus issued in compliance with the Prospectus Regulation for the purpose of giving information with regard to the issue of Notes issued under the Programme described in this Base Prospectus during the period of twelve months after the date hereof. By approving this Base Prospectus in accordance with Article 20 of the Prospectus Regulation, the CSSF does not engage in respect of the economic or financial opportunity of the operation or the quality and solvency of the Issuers in accordance with the provisions of article 6(4) of the Luxembourg Act dated 16 July 2019 (as amended) relating to prospectuses for securities (loi relative aux prospectus pour valeurs mobilières). The CSSF only approved this Base Prospectus as meeting the standards of completeness, comprehensibility and consistency imposed by the Prospectus Regulation. Such approval should not be considered as an endorsement of the quality of the securities that are subject of this Base Prospectus and investors should make their own assessment as to the suitability of investing in the Notes. Prospective investors should have regard to the factors described under the section headed “Risk Factors” in this Base Prospectus. Each prospective Noteholder must determine the suitability of that investment in light of its own circumstances. In particular, each prospective Noteholder should: • have sufficient knowledge and experience to make a meaningful evaluation of the relevant Notes, the merits and risks of investing in the relevant Notes and the information contained in, or incorporated by reference into, this Base Prospectus or any applicable supplement; • have access to, and knowledge of, appropriate analytical tools to evaluate, in the context of its particular financial situation, an investment in the relevant Notes and the impact the relevant Notes will have on its overall investment portfolio; • have sufficient financial resources and liquidity to bear all of the risks of an investment in the relevant Notes, including where the currency for principal or interest payments is different from the prospective Noteholder’s local currency; • understand thoroughly the terms of the relevant Notes and be familiar with the behaviour of any relevant indices and financial markets; and 3 • be able to evaluate (either alone or with the help of a financial adviser) possible scenarios for economic, interest rate and other factors that may affect its investment and its ability to bear the applicable risks. The Programme is, as of the date of this Base Prospectus, rated: • Baa1 in respect of the Notes by Moody’s Investors Service Ltd. (“Moody’s”). Obligations rated Baa are judged to be medium-grade and subject to moderate credit risk and as such may possess certain speculative characteristics. The modifier 1 indicates that the obligation ranks in the higher end of its generic rating category (source: https://www.moodys.com/Pages/amr002002.aspx); and • BBB+ in respect of the Notes by S&P Global Ratings UK Limited (“S&P”).