Electrifying the Future slide image

Electrifying the Future

ELECTRIFYING THE FUTURE Future Growth Embedded in Existing Asset Base Provides Increased Leverage to Higher Copper Prices New Leach Technologies Americas LEACH TO THE LAST DROP Advancing sulfide leaching technologies Targeting near-term increases of 100-200 mm lbs per annum Bagdad Expansion Arizona BAGDAD ex BAGDAD Double concentrator capacity Commencing feasibility study, stakeholder engagement Increasing confidence in commencing construction in 2023 for potential 2026 start-up Lone Star Expansions Arizona SAFFORD OPERATIONS LONE STAR Near-term oxide expansions Increasing exploration to define resource Potential long-term sulfide investment El Abra Expansion Chile FREEPORT FOREMOST IN COPPER Kucing Liar Grasberg District Indonesia BRA PT FREEPORT INDONESIA Large sulfide resource supports a major expansion opportunity Preparations for submitting environmental impact statement and stakeholder engagement Monitoring regulatory and fiscal matters Commenced development of underground copper/gold reserves Benefits from substantial shared infrastructure 9
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