Rio Tinto director Simon Trott increases shareholding after award vesting

Rio Tinto Limited has confirmed the issue of 18,507 ordinary fully paid shares following the exercise and conversion of unquoted options and convertible securities, effective December 1, 2025. This issue results in a new total of 371,216,214 ordinary fully paid shares on issue. A significant portion of these new shares relates to the vesting of awards under the company's Equity Incentive Plan.

Director Simon Trott saw a change in his relevant interests. He acquired 534 Awards under the Bonus Deferral Awards (BDA) program, representing the value of dividends on vested shares. Simultaneously, 5,217 BDA Awards vested, resulting in an allocation of 5,217 Ordinary Shares to an indirect holding held by CPU Share Plans Pty Limited as nominee for Mr. Trott. From this indirect holding, 2,454 shares were sold at $132.8654 per share to cover tax liabilities associated with the vesting.

Following these transactions, Mr. Trott's direct holding of Awards stands at 205,402, comprising 12,768 BDA and 192,634 Performance Share Awards. His indirect shareholding in the CPU Share Plan Account increased to 6,087 Ordinary Shares. His indirect interest in Shares under the Rio Tinto Limited Global Employee Share Plan (myShare) remains unchanged at 1,833 shares, and his holding via Carnwrath Pty Ltd as Trustee for Carnwrath Trust also remains at 24,430 Ordinary Shares.