Rio Tinto Group (RIO) AGM 2025 summary

Opening remarks and agenda

• Acknowledgement of traditional owners and Indigenous communities, with a welcome to country and cultural performance.

• Tribute to colleagues lost in workplace incidents and emphasis on safety as a core value.

• Introduction of board members, executive team, and lead audit partner, noting board renewal and upcoming director transitions.

• Voting on all resolutions declared open, with procedures for shareholder questions outlined.

Financial performance review

• 2024 saw a 3% increase in sales volumes and net operating cash flow, and 1% production growth.

• $6.5 billion in dividends paid, representing a 60% payout for the ninth consecutive year.

• Strong balance sheet and disciplined capital allocation underpin continued returns to shareholders.

Board and executive committee updates

• Board renewal process ongoing, with several directors stepping down and new committee chairs appointed.

• New executive appointments in Aluminium, Copper, People, and Lithium functions highlighted.