HY 2023 Results and Growth Prospects

Minerals Challenging market conditions; forest fires at IOC impact production > Underlying EBITDA H1 2023 vs H1 2022 $m For personal use only 1,259 (197) H1 2022 underlying EBITDA 74 14 1,094 (21) (21) (100) (221) 689 (84) Price Exchange rates Energy Inflation Flexed H1 2022 underlying EBITDA Volumes and Mix Cash costs Other¹ Rio Tinto ©2023, Rio Tinto, All Rights Reserved 1Other includes Non-cash costs and Exploration & Evaluation expense H1 2023 underlying EBITDA 47 47

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