Strong Foundation for Growth, Decarbonisation and Shareholder Returns

Attractive dividends remain paramount Shareholder returns of 40-60% of underlying earnings on average through the cycle Pay-out ratio (%) 100 80 60 60 40 40 20 20 Consistent six-year track record of shareholder returns 2021 pay-out of 79% reflects exceptional financial results, strong balance sheet and disciplined ramp up. of investment $16.8bn total dividend declared including $12.8bn ordinary dividend 60% average pay-out on ordinary dividend over the past six years 74% average pay-out in total over the past six years 0 2016 2017 2018 2019 2020 2021 2016-2021 Ordinary dividend ☐ Additional return Excluding divestment proceeds returned to shareholders Rio Tinto ©2022, Rio Tinto, All Rights Reserved 21 21

View entire presentation