BHP Group Limited

Legal Proceedings Report • Sep 9, 2025

National Storage Mechanism | Additional information

RNS Number : 5080Y

BHP Group Limited

09 September 2025

Exchange release

9 September 2025

Settlement of Samarco Australian Securities Class Action

BHP has reached an agreement to settle the Australian Samarco shareholder class action. The settlement is subject to approval by the Federal Court of Australia. 

The Australian shareholder class action was brought on behalf of shareholders who acquired BHP shares before the Fundão Dam failure. The class action was filed in the Federal Court of Australia in 2018 on behalf of persons who acquired shares in BHP Group Limited or BHP Group Plc (now BHP Group (UK) Ltd) during the period 8 August 2012 to 9 November 2015 (the Applicants).  

The Fundão Dam was owned and operated by Samarco Mineração S.A. (Samarco), a non-operated joint venture between BHP Billiton Brasil Ltda (BHP Brasil) (a subsidiary of BHP Group Limited) and Vale S.A. Each of BHP Brasil and Vale holds 50 per cent of Samarco.  

Under the terms of the settlement agreement, BHP has agreed to pay the Applicants AU$110 million, inclusive of interests and costs, with no admission of liability. BHP expects to recover the majority of the settlement amount from its insurers. 

Authorised for release by Stefanie Wilkinson, Group General Counsel and Group Company Secretary

# Contacts
Media [email protected]	Investor Relations [email protected]
Australia and Asia Gabrielle Notley  +61 411 071 715	Australia and Asia John-Paul Santamaria  +61 499 006 018
Europe, Middle East and Africa Amanda Saunders +44 7887 468 926	Europe, Middle East and Africa James Bell +44 7961 636 432
North America Megan Hjulfors +1 403 605 2314	Americas James Bell +44 7961 636 432
Latin America Renata Fernandez +56 9 8229 5357
BHP Group Limited ABN 49 004 028 077 LEI WZE1WSENV6JSZFK0JC28 Registered in Australia Level 18, 171 Collins Street Melbourne Victoria 3000 Australia Tel: +61 1300 55 4757 Fax: +61 3 9609 3015 BHP Group is headquartered in Australia bhp.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

AGRXVLLBEKLBBBK