Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 186

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 186
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 our information technology (IT), and industrial and operational environments. The increased use of emerging or disruptive technologies to inform and automate decisions also amplifies the threat of loss of control systems or autonomous functions. Key exposures Our greatest exposures continue to be through our global ecosystem of third-party suppliers, and the rapid development of new projects, with an increasing reliance on technology. Risk oversight: Cyber Security Steering Committee, Risk Management Committee, Audit & Risk Committee Attracting, developing and retaining people with the requisite skills Our ability to achieve our business strategy depends on attracting, developing and retaining a wide range of internal and external skilled and experienced people.

| l | Best Operator | Change vs 2023: Stable |

Risks (threats) Business interruption or underperformance may arise from a lack of access to capability. Tight labour markets, and entry into new countries where mining capabilities are in limited supply or the Rio Tinto brand is less established, can lead to heightened competition for diverse talent and critical skills. This may include skills in climate, energy, decarbonisation, technical mining and processing, licence to operate, and new commodities and projects. Changing societal expectations are placing pressure on our corporate and employer brand in terms of who we are and what we stand for. Since the pandemic, talent is less inclined to relocate, forcing the reliance on local or national recruitment, which significantly reduces the market size for sourcing talent. Key exposures: Turnover rate in process safety management and technology roles. Risk oversight: Risk Management Committee, People & Remuneration Committee

| For more information, see pages78-80. |

| Annual Report on Form 20-F 2024 | 95 | riotinto.com |

Strategic report | Our approach to risk management

Withstanding impacts of geopolitics on our trade or investments Geopolitics has the potential to increase trade tensions, undermining rule-based trading systems. Possible trade actions can impact our key markets, operations or investments, and may limit the benefits of being a multinational company with a global footprint. We continue to build resilience through diversification, and identify opportunities for engagement with governments, civil society, industry associations and international bodies.

| l | Best Operator | Change vs 2023: Stable |

Risks (threats) A deteriorating economic and political environment could lead to falling commodity prices (reduced cash flow, limiting profitability, reducing reserve inventory), trade actions (increased tariffs, retaliations, and sanctions), and governments’ efforts to exert more control over their natural resources or to protect their domestic economies by changing contractual,