Freeport Copper Financials

2Q 2023 Highlights APPE Required Face 1 Bubbereld Deat CALCOL See Cautionary Statement. Copper Production Sales Price Realization (1) 1,067 1,029 $3.84 mm lbs mm lbs per lb. Gold 483 k ozs FREEPORT FOREMOST IN COPPER 495 $1,942 kozs per oz Molybdenum 21 mm lbs 20 mm lbs $24 per lb Unit Net Cash Costs (Credits) $1.47/lb Consolidated Better than April Guidance $(0.09)/lb Indonesia Adjusted EBITDA (2) $2.14 bn Operating Cash Flow $1.7 bn 40 Including $0.2 bn in working capital and other sources THE POWER OF COPPER Capital Expenditures $0.7 bn Excluding smelter projects Net Debt (3) $0.9 bn Excluding smelter projects $1.2 bn Total $2.8 bn Total (1) Reflects shipping delays in Indonesia associated with renewal of PT-FI's export license. (2) A reconciliation of amounts reported in FCX's consolidated financial statements to Adjusted EBITDA is included on slide 27. (3) Net debt equals consolidated debt less consolidated cash. 3

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