Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 250

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 250
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icators of progress made in building acceptanceand trust across a broad set of stakeholders,including, but not only, communities, governments,customers, suppliers and civil society.  |     | General public perception measured through a reputationscore and community perception measured throughlocalised surveys. The Social Licence measures continue toform a key part of our strategy to build trust and meaningfulrelationships with our community of stakeholders.                                                                                                              |
| Total weighting                           |     | 50%       |     |                                                                                                                                                                                           |     |                                                                                                                                                                                                                                                                                                                                                                                             |

A fatality deduction of a least 10% will be applied in the event of work-related fatalities. This deduction, combined with the 10% weighting of the safety index maintains the prominence of safety in the STIP structure. The specific targets for the 2025 STIP are considered by the Board to be commercially sensitive. These will be disclosed alongside the outturn retrospectively in the 2025 Implementation report .

| Annual Report on Form 20-F 2024 | 134 | riotinto.com |

Directors’ report | Remuneration report

Long-term incentive plan PSA granted in 2020 were based on 2 performance conditions, both measured over a 5-year performance period: – TSR relative to the EMIX Global Mining Index – 50% – TSR relative to the MSCI World Index – 50% The performance outcome against the EMIX Global Mining Index and MSCI World Index was 25.5% and 0% respectively, resulting in an overall vesting of 12.75%. The value of the shares vesting included in the single total figure of remuneration table for 2024 is an estimate, as the actual value can only be determined once the share price and final application of dividend equivalents on vesting are known. The disclosed value is based on: – The approved TSR outcome relative to the EMIX Global Mining Index (transitioned to the S&P Global Mining Index from 1 August 2023 following the decommissioning of the EMIX on 31 July 2023) and MSCI World Index, with associated dividend equivalent shares. – The average share prices for Rio Tinto plc and Rio Tinto Limited over the last quarter of the 5-year performance period (Q4 2024). The actual value associated with the 2020 PSA vesting will be disclosed in the 2025 Remuneration report. Calculation of 2020 PSA vesting The dual TSR measures recognise that the company competes in the global market for investors