RIO TINTO LIMITED — Director's Dealing 2020

Dec 6, 2020

Notice to ASX/LSE

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Shareholdings of persons discharging managerial responsibility (PDMR)

4 December 2020

As part of its dual listed company structure, Rio Tinto notifies dealings in Rio Tinto plc and Rio Tinto Limited securities by PDMRs to both the Australian Securities Exchange (ASX) and the London Stock Exchange (LSE).

Bonus Deferral Awards (“BDA”) granted under the Rio Tinto 2018 Equity Incentive Plan

50% of the annual bonuses of the participating executives are delivered as BDA in the form of deferred ordinary shares of Rio Tinto plc or Rio Tinto Limited (“shares”), as applicable. The BDA vests in December of the third year after the end of the performance year to which the annual bonus relates.

On 1 December 2020, Rio Tinto was notified that the following PDMR received their vested 2018 BDA in the form of shares, of which sufficient were sold to pay applicable withholding tax and other deductions.

Security	Name of	Conditional	No: of	No: of	Price per Share	No: of	Date of
	PDMR	Award	Shares	Shares		Shares	Transaction
		Granted	Vested*	Sold		Retained
Rio Tinto plc	Baatar, Bold	7,389	8,719	3,989	49.787226 GBP	4,730	01/12/2020
shares
Rio Tinto plc	Barrios,	10,097	11,914	6,182	49.787226 GBP	5,732	01/12/2020
shares	Alfredo
Rio Tinto plc	Jacques,	21,401	25,253	11,606	49.787226 GBP	13,647	01/12/2020
shares	Jean-
	Sébastien
Rio Tinto plc	Soirat,	6,328	7,467	3,417	49.787226 GBP	4,050	01/12/2020
shares	Arnaud
Rio Tinto plc	Toth,	1,851	2,184	1,000	49.787226 GBP	1,184	01/12/2020
shares	Peter**
Rio Tinto	Trott,	1,313	1,549	N/A	N/A	1,549	01/12/2020
Limited shares	Simon**
Rio Tinto	Vella, Ivan**	1,347	1,561	N/A	N/A	1,561	01/12/2020
Limited shares

*The number of shares vested includes additional shares calculated to reflect dividends declared during the vesting period on the original shares granted .

** Deferral was 25% of annual bonus as it related to a performance year prior to becoming a PDMR.

FCA notifications in accordance with the EU Market Abuse Regulation have been issued to the London Stock Exchange contemporaneously with this release.

This announcement is authorised for release to the market by Rio Tinto’s Group Company Secretary.

Notice to ASX/LSE

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Steve Allen

Group Company Secretary

Rio Tinto plc

6 St James’s Square London SW1Y 4AD United Kingdom

T +44 20 7781 2000 Registered in England No. 719885

Tim Paine

Joint Company Secretary

Rio Tinto Limited 360 Collins Street Melbourne 3000 Australia

T +61 3 9283 3333 Registered in Australia ABN 96 004 458 404