Teck's Financial and Operations Outlook

Teck Strong Performance Across Our Business Returning cash to shareholders, advancing QB ramp-up & record quarterly copper production Q4 2023 Gross profit before D&A* $1.8B Gross profit $1.2B Adjusted EBITDA* $1.7B Profit from continuing operations before taxes $694M Adjusted diluted EPS* $1.40 Diluted EPS from continuing operations $0.92 Significant shareholder returns and strengthening of the balance sheet Dividends • • Paid $515 million in 2023 Board approved quarterly base dividend of $0.125 per share payable on March 28th Share Buybacks • $250 million in 2023 2023 Gross profit before D&A* $7.1B Gross profit $5.1B Adjusted EBITDA* $6.4B Profit from continuing operations before taxes $3.9B Adjusted diluted EPS* $5.15 Diluted EPS from continuing operations $4.64 Board authorized up to $500 million share buyback in February 2024 Balance Sheet • Repaid US$294 million of the QB2 project finance facility in 2023 Track record of significant returns to shareholders In the last five years: • $2.5B Share buybacks $1.4B Dividends * Gross profit before depreciation and amortization (D&A) and adjusted EBITDA are non-GAAP financial measures. Adjusted diluted earnings per share (EPS) is a non-GAAP financial ratio. See "Non-GAAP Financial Measures and Ratios" slides. 17

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