Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 252

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 252
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 prior to vesting). Dividend equivalents for the Executive Directors were equal to 38% of the vested awards. Long-term incentive plan awards granted in 2024 These awards are subject to TSR performance relative to the constituents of the S&P Global Mining Index (53.3%) and MSCI World Index (26.7%), and a decarbonisation scorecard as set out in the Performance measures section below.

| Executive Director | Type ofaward | Grant date | Face valueof award(% of basesalary) | Face value ofaward(£’000) | % of vestingat thresholdperformance | Grantprice1 | Conditionalsharesawarded | End of the periodover which theperformanceconditions have tobe fulfilled | End of holdingperiod |
| Jakob Stausholm    | PSA          | 9 May 2024 | 500%                                |                     6,424 | 22.5%                               | £53.43      |                  120,232 | 31 December 2026                                                         | February 2029        |
| Peter Cunningham   | PSA          | 9 May 2024 | 500%                                |                     3,804 | 22.5%                               | £53.43      |                   71,195 | 31 December 2026                                                         | February 2029        |

1. In line with the Policy, the grant price for PSA is determined by reference to the average share price for the calendar year prior to the year of grant. The grant price of £53.43 represents the Rio Tinto plc average share price for 2023. Long-term incentive plan awards due to be granted in 2025

| Executive Director | Type ofaward | Face valueof award(% of basesalary) | Face valueof award(£’000) | % of vestingat thresholdperformance | Grantprice1 | Conditionalshares to beawarded | End of the periodover which theperformanceconditions have tobe fulfilled | End of holdingperiod |
| Jakob Stausholm    | PSA          | 500%                                |                     7,054 | 22.5%                               | £51.35      |                        137,361 | 31 December 2027                                                         | February 2030        |
| Peter Cunningham   | PSA          | 500%                                |                     3,918 | 22.5%                               | £51.35      |                         76,299 | 31 December 2027                                                         | February 203