Company: RTNTF
Filing Date: 2025-02-20
Form Type: 20-F
Source: 0001628280-25-006642
Chunk: 13

Company: RIO TINTO LTD
Filing Date: 2025-02-20
Form: 20-F
Chunk 13
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 portfolio for thefuture while progressing ourexisting project pipeline ontime and to budget. |     | Strengthen our sociallicenceby building meaningfulpartnerships, listening andlearning, and earning trust. |
| See some of the ways we’re progressing our objectives, on pages10-11.                                                                |     |                                                                                                                                                      |     |                                                                                                                                |     |                                                                                                           |

Our values define how we show up, to build a workplace where everyone, everywhere feels safe, respected and empowered to have a good day, every day.

| Wecareabout:the safety of ourselves and otherslcreating an environment of trustlour impact on others.                                                                                                      |     | We have thecourage:to show vulnerabilitylto speak up and challenge when wecan do betterlto take ownership of our actionsand outcomes.                                  |     | And we have thecuriosity:to learn and growlto problem solve and find opportunities foreveryday innovationlto be open to different perspectives.                                                            |
| Ourbusiness modelhelps us deliver value that matters to ourstakeholders.See how we do this, and the importance of partnerships in meeting our goals, on pages8-9.                                          |     |                                                                                                                                                                        |     |                                                                                                                                                                                                            |
| We ensure effectivecorporate governanceto manage our performance responsibly and sustainably.                                                                                                              |     |                                                                                                                                                                        |     |                                                                                                                                                                                                            |
| We track the progresswe’re makingto deliver our strategy with measuresof our financial, operational, safetyand ESG performance.See how we performed against thesekey performance indicators on pages12-14. |     | Our Board overseeshow we’remanaging risk and delivering our strategy.Discover how our Board alsomonitors our culture to make sure it aligns withour values on page106. |     | And we have aRemuneration Policythat supports us to deliver our strategyin line with our purpose and values.Find out about the financial, safety,ESG and culture measures it takesinto account on page124. |

| Annual Report on Form 20-F 2024 | 8 | riotinto.com |

Strategic report

Our business model Across every stage of what we do, our business model helps us deliver value that matters to our stakeholders.

| 1 | Explore and evaluateWe use new and advanced technologies to explore, discoverand deliver attractive growth opportunities, with a focus onmaterials essential for the energy transition.                                                                                                                                           |
| 2 | Develop and innovateWe are an industry leader in research and development, and