BHP Group Limited — AGM Information 2015

Nov 18, 2015

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BHP Billiton Limited Annual General Meeting 2015

Disclaimer

Forward-looking statements

This presentation contains forward looking statements, including trends in commodity prices, strategies and objectives of management, future performance and future opportunities.

These forward-looking statements are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results to differ materially from those expressed in the statements contained in this presentation. Readers are cautioned not to put undue reliance on forward-looking statements.

Except as required by applicable regulations or by law, BHP Billiton does not undertake any obligation to publicly update or review any forward-looking statements whether as a result of new information or future events. Past performance cannot be relied on as a guide to future performance.

Non-IFRS financial information

BHP Billiton results are reported under International Financial Reporting Standards (IFRS) including Underlying EBIT and Underlying EBITDA which are used to measure segment performance. This presentation may also include certain non-IFRS measures including Underlying EBIT margin, Underlying EBITDA margin, Free cash flow and Net debt. These measures are used internally by management to assess the performance of our business, make decisions on the allocation of our resources and assess operational management. NonIFRS measures have not been subject to audit or review and should not be considered as an indication of or alternative to an IFRS measure of profitability, financial performance or liquidity.

No offer of securities

Nothing in this presentation should be construed as either an offer to sell or a solicitation of an offer to buy or sell BHP Billiton securities in any jurisdiction, or be treated or relied upon as a recommendation or advice by BHP Billiton.

Reliance on third-party information

The views expressed in this presentation contain information that has been derived from publicly available sources that have not been independently verified. No representation or warranty is made as to the accuracy, completeness or reliability of the information. This presentation should not be relied upon as a recommendation or forecast by BHP Billiton.

No financial or investment advice – South Africa

BHP Billiton does not provide any financial or investment ‘advice’, as that term is defined in the South African Financial Advisory and Intermediary Services Act 37 of 2002, and we strongly recommend that you seek professional advice.

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BHP Billiton Limited Annual General Meeting 19 November 2015

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Jac Nasser Chairman

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Welcome to Country

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Jac Nasser Chairman

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Our Values

Sustainability Integrity Respect Performance Simplicity Accountability

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Samarco

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BRAZIL
State of
Minas Gerais
Samarco
Minas Gerais, Brazil
Rio de Janeiro
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Samarco

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Samarco

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BRAZIL
State of
Minas Gerais
Rio de Janeiro
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Emergency fund

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As an immediate step, Vale and BHP Billiton pledge to support Samarco in creating an Emergency Fund for rebuilding works and to help the affected families and communities. It is our intention to work with the authorities to get this fund functioning as soon as practicable.

Vale and BHP Billiton also have health, safety, environment and geotechnical experts onsite supporting Samarco’s response. We have also had discussions with Samarco and authorities about the additional support we can provide. Investigations are continuing and Samarco will provide further updates relating to the response and operations.

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Samarco

The shareholders have agreed to commission an external investigation

Investigation findings will be published Findings will also be shared with other resource companies Tailings dams across the Group being reviewed

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Our Charter

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Our Values

Sustainability

Putting health and safety first , being environmentally responsible and supporting our communities.

Integrity Respect

Performance

Simplicity Accountability

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Our new reports

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Climate Change: Portfolio Analysis

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1. Our perspective on climate change 2. Our action on climate change

2. Our approach to portfolio management 4. Portfolio impacts in a 2°C world

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Ongoing global energy demand

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Role of our commodities

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Our economic contribution

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BHP Billiton is committed to being a leader in further enhancing disclosure and transparency.

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Commodity prices 2006 - 2015

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Iron ore, Metallurgical coal, Energy coal, Crude oil (US$/unit) Copper, Gas (US$/unit)
Iron ore Metallurgical coal Energy coal Crude oil Copper Gas
300 18
250 15
200 12
150 9
100 6
50 3
0 0
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
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BHP Billiton is a strong company

Credit rating

Standard & Poor’s Moody’s 2015 A+ 2015 A1 2014 A+ 2014 A1 2013 A+ 2013 A1 2012 A+ 2012 A1 2011 A+ 2011 A1

Dividend per ordinary share

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Australian cents per share
2
169
131
120
1
0
FY2013 FY2014 FY2015
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Focused on the fundamentals

Over the last 10 years, your company: Generated operating cash flows of more than US$260 billion[1 ] of which:

We paid a quarter in tax

We returned a quarter to shareholders through dividends and buybacks We reinvested the other half back in the business

Sold US$8.5 billion of assets

Demerged South32

1. Based on total operations

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The global environment

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Our unique portfolio

Iron Ore

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Coal

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Petroleum

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Copper

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Global economies in transition

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Changes to the Board

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Anita Frew

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Carlos Cordeiro

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Sir John Buchanan

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Our people

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Andrew Mackenzie Chief Executive Officer

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Samarco

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Samarco

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Samarco

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Our Values

Sustainability Integrity Respect Performance Simplicity Accountability

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Our Values

Sustainability

Integrity Respect Performance Simplicity Accountability

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Health and safety are paramount

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Our people are our greatest resource

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Financial performance

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Iron Ore
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Coal
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Petroleum
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Copper
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Over the past decade we have…

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• Generated more than US$260 billion[1] of operating cash flows Returned US$67 billion through dividends and buy-backs

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Increased underlying EBITDA margin to 50 per cent[2] Delivered 6.5 per cent annual volume growth[3]

1. Based on total operations

2. Continuing operations

3. Using group copper equivalent units on continuing operations

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BHP Billiton core portfolio*

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WA Iron Ore Australia

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Samarco Queensland Coal NSW Energy Coal Cerrejón Olympic Dam Escondida Brazil Australia Australia Colombia Australia Chile

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Pampa Norte Chile

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Antamina Onshore US Shenzi Angostura Pyrenees Macedon Peru United States United States Trinidad & Tobago Australia Australia

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Atlantis Mad Dog Bass Strait North West Shelf Jansen project United States United States Australia Australia Canada

• Note: Excludes Nickel West which remains with the portfolio as non core, and New Mexico Coal and several smaller petroleum assets which are under review.

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Ongoing productivity focus

Western Australian Iron Ore

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Reduce costs to US$15 per tonne

Queensland Coal

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Reduce costs to US$61 per tonne

Black Hawk and Permian

Petroleum

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Improve recoveries Lower drilling costs

Escondida Copper

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Reduce costs by 15 per cent

Increase volumes by 7 per cent

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Disciplined capital management

Capital and exploration expenditure (US$ billion)[1 ]

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20
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15

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10
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5
0
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FY2013
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1. BHP Billiton share, continuing operations

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FY2014
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FY2015

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FY2016e

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FY2017e

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Unlocking additional production

Permian - Petroleum Ongoing resource development Caval Ridge Iron Ore - Coal Productivity Expand improvements production Escondida - Copper Olympic Dam - Copper Los Colorados extension Higher grade output

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High value growth options

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Mad Dog - Petroleum
Phase 2 expansion
Olympic Dam - Copper
Spence - Copper
Underground expansion
Addition of concentrator for processing
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Longer term opportunities

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Effective response to climate change

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Greenhouse gas reduction

Greenhouse gas emissions (MtCO2-e)

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60
FY2006 emissions baseline
40 South32 adjustment
Scope 2
20
Scope 1
0
FY2011 FY2012 FY2013 FY2014 FY2015
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Note: In order to provide year-on-year comparison, we have shown outcomes with South32 assets included for the full FY2015.

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Supporting Indigenous communities

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Recognise campaign

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Delivering sector leading productivity

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Our people are our greatest resource

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BHP Billiton Limited Annual General Meeting 2015