Grasberg Project and Financial Update

FREEPORT FOREMOST IN COPPER Recognition for Responsible Production > Assurance framework developed to demonstrate the copper industry's responsible production practices and contribution to the United Nations Sustainable Development Goals The Copper Mark THE COPPER MARK ABRA PESO NETO: 2454Kg CALAMA - CHILE MAQUINA CORRELATIVO : MAQUINA 2 :2 NUMERO PLACAS : 35 CALIDAD : HIGH GRADE FEC.PRODUCCION: 3/22/2021 FEC.PESAJE : 22/03/2021 09:59 *090 69553* > > Producers participating in the Copper Mark are committed to adhering to internationally recognized responsible operating practices Framework covers 32 issue areas across 5 ESG categories developed by the Responsible Minerals Initiative's Risk Readiness Assessment Requires third-party assurance of site performance and independent Copper Mark validation every three years FCX is committed to achieving the Copper Mark at all of our copper producing sites > > The Copper Mark is currently evaluating extension to by-product metals LETTER OF COMMITMENT PLANNED Bagdad mine (AZ) PT-FI mine (Indonesia) Chino mine (AZ) THE COPPER MARK RESPONSIBLY PRODUCED COPPER COPPER MARK STATUS BY SITE: AWARDED Morenci mine (AZ) Miami mine & smelter (AZ) El Paso refinery (TX) El Abra mine (Chile) Cerro Verde mine (Peru) Atlantic Copper smelter & refinery (Spain) NOTE: Copper Mark status as of September 30, 2021 Tyrone mine (NM) Safford mine (AZ) Sierrita mine (AZ) 26 26

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