Electrifying the Future

ELECTRIFYING THE FUTURE Solid Balance Sheet and Credit Metrics Net Debt (1) II-II $5.2 3/31/2021 Net Debt / Adjusted EBITDA (3) 0.9x ($ bns) Rated Investment Grade by Moody's and Fitch $1.32 3/31/2022 0.1x (1) Net debt equals consolidated debt less consolidated cash and cash equivalents. (2) Consolidated debt of $9.6 bn and consolidated cash of $8.3 bn. Debt includes $0.6 bn associated with the Indonesia smelter projects. (3) Trailing 12-months. See Cautionary Statement. FREEPORT FOREMOST IN COPPER 15

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