Freeport-McMoRan (FCX) AGM 2026 summary

Opening remarks and agenda

• Meeting commenced with a welcome and acknowledgment of shareholders' support and engagement.

• The agenda included a review of financial and operating results, voting on key proposals, and a Q&A session.

• Rules of order and procedures for voting and submitting questions were outlined at the start.

Financial performance review

• Delivered solid financial and operating results in 2025 despite a challenging environment.

• Maintained a strong balance sheet and continued capital returns to shareholders.

• Advanced key initiatives to strengthen the foundation and support long-term growth.

• Copper demand remains favorable, driven by electrification, urbanization, and technology trends.

Board and executive committee updates

• Introduced board members and recognized the service of a retiring director.

• Noted participation of key management and external auditor representatives.