28 February 2022 |
Requisitioned resolution withdrawn
Rio Tinto gives notice, in accordance with ASX Listing Rule 3.17A.2, that the two requisitioned resolutions submitted by Market Forces for consideration at Rio Tinto Limited's 2022 Annual General Meeting in Melbourne, Australia on 5 May 2022 have been withdrawn by Market Forces on behalf of the shareholders who requisitioned those resolutions. These resolutions were originally set out in the notice to the ASX dated 20 April 2021.
The first resolution proposed an amendment to the constitution of Rio Tinto Limited to permit the company's members in general meeting to pass advisory resolutions. The second resolution requested disclosure by the company in relation to its risk threshold to Scope 3 emissions and the measures it will take to reduce this exposure.
Through constructive engagement, and ahead of the non-binding, advisory 'say on climate' resolution to be put to Rio Tinto's annual general meetings, Rio Tinto and Market Forces have worked together to improve the transparency of the intended outcomes of, and risk threshold within, the company's Scope 3 approach.
In reaching an agreement to withdraw the resolution, Rio Tinto recognises shareholder expectations continue to evolve with respect to climate reporting, and welcomes engagement by Market Forces and other shareholders on this issue.
| Contacts | Please direct all enquiries to media.enquiries@riotinto.com |
| Media Relations, UK Illtud Harri M +44 7920 503 600
David Outhwaite M +44 7787 597 493
Media Relations, Americas Matthew Klar T +1 514 608 4429
Investor Relations, UK Menno Sanderse M: +44 7825 195 178
David Ovington M +44 7920 010 978
Clare Peever M +44 7788 967 877
| Media Relations, Australia Jonathan Rose M +61 447 028 913
Matt Chambers M +61 433 525 739
Jesse Riseborough M +61 436 653 412
Investor Relations, Australia Amar Jambaa M +61 472 865 948 |
| Rio Tinto plc 6 St James's Square T +44 20 7781 2000 No. 719885 | Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia
T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404 |
This announcement is authorised for release to the market by Steve Allen, Rio Tinto's Group Company Secretary.
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