Rio Tinto Annual Report 2022

Outlook We have a strong portfolio of assets across six continents. Our focus is on growing our business while decarbonising, providing products to our customers that support the transition to a low-carbon economy and delivering attractive returns to our shareholders. Many of our products are essential for the energy transition: we expect this new source of demand, combined with traditional sources, to drive significant volume growth in our products over the coming decades. In developed markets, customer demand for low-carbon and recycled materials is growing with supply security top of mind. In developing economies, reliable access to raw materials for domestic processing is critical. We have the people, orebodies, technology, processing capabilities, access to capital and relationships to meet these diversifying needs. Copper Segmental revenue $6.7bn (2021: $7.8bn) Employees 8,000 (2021: 7,000) Underlying EBITDA $2.4bn (2021: $4.0bn) Production (our share) 521kt mined copp (2021: 494kt) Minerals Segmental revenue $6.8bn (2021: $6.5bn) Employees 9,000 (2021: 9,000) Underlying EBITDA $2.4bn (2021: $2.6bn) Strategic report Production (our share) 1,200kt titanium dioxide slag (2021: 1,014kt) 10.3Mt iron ore pellets and concentrate (2021: 9.7Mt) Annual Report 2022 | riotinto.com 3

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