Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 183

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 183
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 andoperating performance, underpinned bya healthy inventory of high-qualityreserves | l             | BestOperator                | Audit & RiskCommittee         |
| 12            | Preventing material business disruptionand data breaches due to cyber events                                                                                              | l             | BestOperator                | Audit & RiskCommittee         |
| 13            | Attracting, developing and retainingpeople with the requisite skills                                                                                                      | l             | BestOperator                | People &RemunerationCommittee |
| 14            | Withstanding impacts of geopolitics onour trade or investments                                                                                                            | l             | BestOperator                | Board                         |

1. Free cash flow or business value (NPV) 2. Considering effectiveness of existing controls

| Annual Report on Form 20-F 2024 | 92 | riotinto.com |

Strategic report | Our approach to risk management

Risk to best operator and impeccable ESG strategic objectives Preventing loss of operational control that may lead to potential fatalities, permanent disablements, or material production disruption Nothing is more important than the safety and wellbeing of our employees, contractors and communities where we operate. The mining industry is inherently hazardous, with the potential to cause fatalities, illness or injury, damage to the environment, disruption to communities or major loss of production or revenues. Our objective is to have zero fatalities or permanent disablements. We believe all fatalities are preventable, so our focus is on identifying, managing and, where possible, eliminating hazards. Safe and stable operations are critical to delivery of our objective to be Best Operator, and maintaining close control of our operating assets ensures reliable productive outputs.

| l | Best Operator  | Change vs 2023: Increasing |
| l | Impeccable ESG |                            |

Risks (threats) Our operational environment is exposed to major hazards, including processing, underground mining, slope geotechnical, functional safety (eg sinking shafts and autonomous operations) and tailings management. Inability to manage these hazards could result in a catastrophic event or other long-term damage to the Group or the environment and communities where we operate. Loss of technical capability at complex operations poses increased risk. In addition to major hazards, our operations are exposed to safety risks which could result in single or multiple fatalities. These include risks from vehicles and driving, aviation, falling objects, electricity and explosives. Key exposures Underground risks at Oyu Tolgoi, Kennecott, Diavik and Resolution. Slope geotechnical risk at Kennecott and QIT