Strong Foundation for Growth, Decarbonisation and Shareholder Returns

Lower volume in iron ore driven by weather, heritage management and delays in mine tie-in projects Underlying EBITDA 2021 vs 2020 $ million 45,000 17,464 39,672 40,000 (606) (398) (690) (583) 35,000 (19) 30,000 23,902 25,000 20,000 15,000 10,000 5,000 0 2020 underlying EBITDA Price Exchange rates Energy Inflation Flexed 2020 underlying EBITDA Volumes & Mix 445 258 26 26 (169) Diamonds Gold Aluminium Copper Aluminium includes alumina and bauxite. Aluminium variance excludes profit impact of volumes lost related to Kitimat pot relining and ISAL preventative pot-line shutdown. Rio Tinto ©2022, Rio Tinto, All Rights Reserved Iron & Titanium (894) Iron Ore (230) Other 51

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