Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 192

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 192
---
 the business and progress on our culture and operating performance. These visits are always invaluable opportunities for the Board to engage directly with the teams on site and take these learnings back into our boardroom discussions. I am grateful to my colleagues for their continued energy and enthusiasm to learn, and to everyone who has taken the time to share their insights with us. Finally, there will be a number of Board changes in 2025, with Kaisa Hietala, Simon Henry and Sam Laidlaw all stepping down. Simon will hand over his chairship of the Audit & Risk Committee to Sharon Thorne, and the People & Remuneration Committee will pass from Sam to Ben Wyatt. A huge thank you to Kaisa, Simon and Sam for the dedication they have shown Rio Tinto. I believe they leave our business in a strong position, with a good mix of seasoned Directors on the Board. Dominic Barton Chair 19 February 2025

| Annual Report on Form 20-F 2024 | 101 | riotinto.com |

Directors’ report

Governance framework Our Board is structured to support good governance, which means considering the right things, at the right time, with the right people and insights. Our framework also helps the Board support the executive team, and strengthen our strategic focus.

| Board of DirectorsWe arefinding better ways™to provide the materials the world needs.By doing this efficiently, effectively and sustainably, we aim to create long-term value for all stakeholders. Our purpose is supportedby 3 core values: care, courage and curiosity. The Board is collectively responsible for pursuing our purpose and approves thestrategy, budget and plans proposed by the Chief Executive to achieve this. |
| Board CharterSee the Board Charter for more information on the Board’s role and the delegation to management.                                                                                                                                                                                                                                                                                                                         |

| Audit & RiskCommitteeHelps the Boardmonitor decisions andprocesses designed toensure the integrity offinancial reporting, theindependence andeffectiveness of theexternal auditors, androbust systems ofinternal control andrisk management. |     | NominationsCommitteeHelps the Boarddetermine itscomposition, andthat of its committees.These are regularlyreviewed andrefreshed, so they canoperate effectively andhave the right mixtureof skills, experienceand background. |     | People &RemunerationCommitteeHelps the Boardensure theRemuneration Policyand practices rewardemployees andexecutives fairly andresponsibly, with aclear link to corporateand individualperformance, and af