Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 242

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 242
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 and is discussed and considered with the Committee and the Board. Performance reviews for all executives took place in 2024 and early 2025.

| Annual Report on Form 20-F 2024 | 129 | riotinto.com |

Directors’ report | Remuneration report

Executive Directors Single total figure of remuneration (£’000)

|                                            |      |            |          |         |            | Incentive -STIP payment |                | Value of LTIP awardsvesting1 |                         |               |                    |
| Executive Director                         | Year | Basesalary | Benefits | Pension | Totalfixed |                    Cash | Deferredshares |                    Facevalue | Share priceappreciation | Totalvariable | Singletotal figure |
| Jakob Stausholm (Chief Executive)          | 2024 |      1,277 |      168 |     179 |      1,624 |                     636 |            636 |                          452 |                     216 |         1,940 |              3,564 |
| Jakob Stausholm (Chief Executive)          | 2023 |      1,227 |      110 |     172 |      1,509 |                     692 |            692 |                        4,425 |                     993 |         6,802 |              8,311 |
| Peter Cunningham (Chief Financial Officer) | 2024 |        756 |       44 |     106 |        906 |                     376 |            377 |                           45 |                      21 |           819 |              1,725 |
| Peter Cunningham (Chief Financial Officer) | 2023 |        726 |       43 |     102 |        871 |                     409 |            410 |                          361 |                      81 |         1,261 |              2,132 |

1. Dividend equivalent shares are applied on the vesting of the LTIP awards and, for the purposes of this table, are valued at the grant price for the LTIP awards and included in the face-value figure. The impact of share price change for LTIP awards vesting is included under the heading “share price appreciation”. The value of the LTIP awards reported in 2023 has been restated to reflect the actual vested value. The LTIP face value for 2024 is based on the number of PSA shares due to vest for the performance period ending 31