Requisitioned resolution withdrawn

RNS Number : 9920C

Rio Tinto PLC

28 February 2022

 

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Requisitioned resolution withdrawn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for consideration at Rio Tinto Limited's 2022 Annual General Meeting in Melbourne, Australia on 5 May 2022 have been withdrawn by Market Forces on behalf of the shareholders who requisitioned those resolutions.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 [e-mail]

Media Relations, UK Illtud Harri M [phone] David Outhwaite M [phone] Media Relations, Americas Matthew Klar T [phone] Investor Relations, UK Menno Sanderse M: [phone] David Ovington M [phone] Clare Peever M [phone]	Media Relations, Australia Jonathan Rose M [phone] Matt Chambers M [phone] Jesse Riseborough M [phone] Investor Relations, Australia Amar Jambaa M [phone]
Rio Tinto plc 6 St James's Square London SW1Y 4AD United Kingdom T [phone] Registered in England No. 719885	Rio Tinto Limited Level 7, 360 Collins Street Melbourne 3000 Australia T [phone] 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.

riotinto.com

 

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