Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 239

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 239
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|                                                                                                | Non-monetary benefits                      |     |                                                                                                                     |
| VariableSTIP – cash element                                                                    |                                            |     | Long-termSTIP – deferred share elementBased on the amortised IFRS fair valueof deferred shares at the time of grant |
| STIP – deferred share element                                                                  |                                            |     |                                                                                                                     |
| LTIPValued at point of vesting                                                                 |                                            |     | LTIPBased on the amortised IFRS fair valueof the award at time of grant                                             |
|                                                                                                | Pension and superannuationAccounting basis |     |                                                                                                                     |
| Total remuneration                                                                             |                                            |     |                                                                                                                     |

UK – For reporting purposes, remuneration is divided into fixed and variable elements. – We report remuneration in the currency it is paid. For example, where a UK executive is paid in pounds sterling, remuneration is reported in pounds sterling. Australia – For reporting purposes, remuneration is divided into short- and long-term elements. – All remuneration is reported in US dollars, so using the previous example, the UK executives’ remuneration would be converted to US dollars using the average exchange rate for the financial year (except STIP, which is converted at the year-end exchange rate). The table below summarises the elements of each component of remuneration, as well as the significant differences in the approaches to measurement.

| Annual Report on Form 20-F 2024 | 128 | riotinto.com |

Directors’ report | Remuneration report

People & Remuneration Committee Responsibilities The Committee’s responsibilities are set out in our Terms of Reference, which is reviewed annually, and published at riotinto.com/corporategovernance . Our responsibilities include: People – reviewing strategic workforce planning, including talent, succession and development planning within the Group – developing leaders’ skills – overseeing and implementing the Board’s workforce engagement plan and implementation . Culture – progressing implementation of the 2022 Everyday Respect Report recommendations and the monitoring of broader cultural change – developing strategies, initiatives and performance measures around organisational culture and desired behaviours – assessing the effectiveness of diversity and inclusion policies. Remuneration – determining the Group’s remuneration strategy, policy and framework – determining the remuneration of the Chair, Executive Directors and other members of the Executive Committee – determining the mix and operation of the Group’s STIP and LTIP, ensuring alignment with the company’s strategic objectives – overseeing the operation of the Group’s STIP and LTIP