Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 21

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 21
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R) per 200,000 hours worked l l Definition We define AIFR as the number of injuries per 200,000 hours worked by employees and contractors at our managed operations. It includes medical treatment cases, restricted workday, lost-day injuries, and fatal injuries. Relevance to strategy The health, safety and wellbeing of our employees and contractors is at the heart of everything we do. We are committed to a safe work environment by focusing on eliminating fatalities, preventing catastrophic events, and reducing injuries. To support this, we continue to implement and embed key programs, including our safety maturity model (SMM), critical risk management (CRM), and the Safe Production System (SPS) - all of which help us to build a physically and psychologically safe and healthy workplace, built on trust, transparency and collaboration. We also continue to share lessons and strengthen our partnerships with industry and associated committees, contracting partners and local communities to improve health, safety and wellbeing outcomes. Link to executive remuneration AIFR and SMM are included as performance metrics in the safety component of the short- term incentive plan (STIP) (see pages 130 - 133 ). Our performance in 2024 and forward plan Our AIFR remained at 0.37 in 2024, consistent with 2023 (2023: 0.37 ). However, tragically, there were 5 fatalities in our business. We remain deeply committed to learning from these events, while also continuing to renew our focus on our CRM program and further evolving our approach to SMM across our business. Total shareholder return (TSR)¹ measured over the preceding 5 years (using annual average share price) l l l l Definition TSR is a combination of share price appreciation (using annual average share price) and dividends paid and reinvested to show the total return to the shareholder over the preceding 5 years. Relevance to strategy Our strategy aims to maximise shareholder returns through the commodity cycle, and TSR is a direct measure of that. Link to executive remuneration TSR is reflected in the long-term incentive plan (LTIP), measured against a mining-based index (the EMIX Global Mining Index historically and from 1 August 2023 the S&P Global Mining Index) and a broader-based index of large global corporates (the MSCI World Index) (see page 134 ). Our performance in 2024 and forward plan TSR performance over the 5-year period was driven principally by movements in commodity prices and changes in the global macro