Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 187

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 187
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 regulatory or tax measures. This can potentially impact our key markets, operations, investments, tax obligations, financial results and access to funding. Key exposures A highly uncertain and unstable global macro environment, including China-US tensions and the indirect impacts of the war in Ukraine and conflict in the Middle East. Risk oversight: Financial Risk Management Committee, Risk Management Committee, Board Risk to s ocial licence strategic objective Building trusted relationships with communities We strive to be a trusted partner to communities, stakeholders and broader society, leading to improved performance, future prospects and reputation.

| l | Social Licence | Change vs 2023: Stable |

Risks (threats) Access to land and resources may be impacted if we are not considered a trusted partner that respects host communities and human rights, mitigates adverse social and environmental impacts and sustainably improves social and economic outcomes in communities that host our operations. Other potential impacts can include operational disruption, security incidents, expropriation, export or foreign investment restrictions, increased government regulation and delays in approvals, which may threaten the investment proposition, title, or carrying value of assets. Key exposures Communities surrounding the Simandou project, Pilbara operations, Richards Bay Minerals, Resolution, QIT Madagascar Minerals, Jadar and Oyu Tolgoi. Risk oversight: Risk Management Committee, Sustainability Committee

| For more information on how we aredeveloping and investing innature-based solutions near our operations, see our 2025 ClimateAction Plan on page41. |

| Annual Report on Form 20-F 2024 | 96 | riotinto.com |

Strategic report | Our approach to risk management

Being responsible operators throughout the entire life of our assets – from discovery to closure We are committed to being responsible operators throughout the entire life of our assets, from discovery to closure. We do this in partnership with our internal and external stakeholders, such as host communities, Indigenous Peoples, regulators and joint venture partners, embedding closure considerations throughout the entire lifespan of our assets – in the way we design, build, run, close and transition them.

| l | Social Licence | Change vs 2023: Stable |

Risks (threats) Closure obligations may increase over time due to changes in the Group’s portfolio, stakeholders’ and community expectations, regulations, standards, technical understanding and techniques. The manifestation of exposures at a closed or legacy asset, due to a lack of historic information, could impact our licence to operate, the cost of closure and negatively impact on the human rights of communities where it is located. Key exposures Pilbara near-term