Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 174

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 174
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 The way we treat our people, our partners, the environment and the communities where we work, and how we conduct business, are what makes us a responsible partner of choice. 2024 progress Compliance program developments Business integrity is core to how we build trust with our stakeholders. It forms the foundation of our ability to run our operations and maintain an ethical culture. We have continued to evolve our compliance program to align with leading industry practice, changes to the regulatory landscape and business integrity risks we face across the countries where we operate. During the year, we undertook a maturity assessment of our program, which concluded our program has a higher level of maturity than benchmarked peers. In 2024, we delivered several compliance program improvements: – We refined our online disclosures system for gifts and entertainment from, and to, third parties, conflicts of interest and sponsorship and donations. This increases transparency, promotes simplification, and allows us to automate approvals and workflow. – We launched a new Compliance Champions program, developing and leveraging a site-level network of employees to promote ethical behaviours. – We uplifted the maturity of our Data Privacy Compliance Program. This included implementing a refined Privacy Impact Assessment process and a new Privacy Statement, and reinvigorating the Data Privacy Lead network across the Group, while continuing to ensure compliance with new and changing privacy legislation across the jurisdictions where we operate. – We continued to enhance our Third-Party Risk Management (TPRM) framework. We piloted a new TPRM system to increase automation and improve risk management exposure from third parties. We expect the new system to launch across the Group in 2025. – We continued to invest in our Sanctions Compliance Program through enhanced sanctions screening processes of third parties, deep dive reviews for parts of the business with higher sanctions exposure, and increased training of employees. Code of Conduct and annual training To help equip our workforce to navigate uncertain areas and spot ethical and compliance-related risks, in 2024, we launched a new annual Code of Conduct training. This training sets the foundation for the way we work, guiding ethical decision making and reflecting the safe and respectful environment we want to achieve for our people. Based on our Code of Conduct, it is designed to help all employees and contractors live our values of care, courage and curiosity.

| For informationon our Code of Conduct,see riotinto.com/ethics |

The new Code of Conduct training incorporates topics across all areas of our Code, providing examples of the values, commitments and behaviours we expect of our people. The online training has been completed