Grasberg Project and Financial Update

2021e Quarterly Sales Copper Sales 1,200 FREEPORT FOREMOST IN COPPER (million lbs) Gold Sales (thousand ozs) 500 402 375 400 1,033 1,025 305 300 258 1,000 929 200 825 100 800 0 1Q21 2Q21 3Q21 4Q21e 600 400 200 0 1Q21 2Q21 3Q21 Note: Consolidated gold sales include 48k ozs in 1Q21, 56k ozs in 2Q21, 75k ozs in 3Q21 and 70k ozs in 4Q21e for noncontrolling interests. Molybdenum Sales (million lbs) 225 25 21 22 22 20 20 15 10 4Q21e 5 0 1Q21 2Q21 3Q21 4Q21e Note: Consolidated copper sales include 170 mm lbs in 1Q21, 166 mm lbs in 2Q21, 202 mm lbs in 3Q21 and 193 mm lbs in 4Q21e for noncontrolling interests; excludes purchased copper. e = estimate. See Cautionary Statement. 31

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