Rio Tinto Group (RIO) AGM 2026 summary

Opening remarks and agenda

• Meetings for both PLC and Limited shareholders were held jointly, enabling global participation and open dialogue.

• Acknowledgement of traditional landowners and a Welcome to Country ceremony opened the meeting.

• The Chair introduced Board members, executive team, and the lead audit partner.

• Voting on all resolutions was declared open early in the proceedings.

Board and executive committee updates

• Simon Trott was appointed CEO, succeeding Jakob Stausholm, with a focus on operational excellence and cultural growth.

• The Board highlighted its diverse expertise in mining, capital markets, and governance.

• Directors will alternate physical attendance at future AGMs between London and Australia.

Financial performance review

• Returned $6.5 billion to shareholders, maintaining a 60% payout for the 10th consecutive year.

• 2025 saw an 8% increase in copper equivalent production, with EBITDA up 9% to $25.4 billion and underlying earnings at $10.9 billion.

• Achieved a 14% reduction in Scope 1 and 2 emissions, with further progress expected as renewable contracts take effect.