Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 215

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 215
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 The Chief Financial Officer can approve other services up to the value of $50,000 and an aggregate value of no more than $100,000. Fees exceeding $100,000 in aggregate require approval from the Committee or the Committee Chair. At the half-year and year-ends, the Chief Financial Officer and the external auditors report to the Committee on non-audit services performed and the fees payable. Individual services are also reported to the Committee at each meeting that have either been approved since the previous meeting, or that require approval for commencement following the meeting. Non-audit services provided by KPMG in 2024 were either within the predetermined approval levels or approved by the Committee and were compatible with the general standard of independence for auditors and the other requirements of the relevant regulations in Australia, the UK and the US regulations. Fees for audit and non-audit services The amounts payable to the external auditors, in each of the past 2 years, were:

|                                 | 2024$m | 2023$m |
| Audit fees                      |   28.1 |   26.6 |
| Non-audit service fees:         |        |        |
| Assurance services              |    5.2 |    4.1 |
| All other fees                  |    0.2 |    0.1 |
| Total non-audit service fees    |    5.4 |    4.2 |
| Non-audit: audit fees (in-year) |    19% |    16% |

For further analysis of these fees, please see note 38 on page 228 . None of the individual non-audit assignments was significant, in terms of either the work done or the fees payable. We have reviewed

| Annual Report on Form 20-F 2024 | 116 | riotinto.com |

Directors’ report | Audit & Risk Committee report the non-audit work in aggregate. We are satisfied that neither the work done, nor the fees payable, compromised the independence or objectivity of KPMG as our external auditors. No person who served as an officer of Rio Tinto during 2024 was a Director or partner of KPMG at a time when they conducted an audit of the Group. Effectiveness of the external auditors We review the effectiveness of the external auditors annually. We consider the results of a survey containing questions on the auditors’ objectivity, quality and efficiency. The survey, conducted in June 2024,