RIO TINTO LTD

2025 marks the start of a new era for Rio Tinto.

We welcomed Simon Trott as Chief Executive,

and outlined our intentions for our next phase:

unlocking significant value from our portfolio,

through operational performance and financial

discipline, and by capitalising on the

energy transition.

We are building on strong foundations, with fresh momentum,

and making fundamental changes to how we operate. With these

improvements, our aim is to move faster, make better decisions and

perform at our best.

We’re exploring in 15 countries, and have a rich and diverse pipeline

of options for the future. By concentrating on the most compelling

opportunities, and building a stronger, more streamlined and

efficient business, we can invest in profitable future growth.

Above all, we will do this with safety, and with respect for the

environment, communities, Indigenous Peoples and other

stakeholders as our key priorities. We are building a values-driven

performance culture where our employees feel accountable to

deliver great outcomes, guided by care, courage and curiosity.

We have clear opportunities to do better, and to improve both

our safety and operational performance. So we are making changes

today to ensure we’re in the best shape possible to

meet the demands of the future.