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Rio Tinto PLC

Board/Management Information May 22, 2025

4666_rns_2025-05-22_fb97ea7b-a94f-4ed5-ad70-db30c4068da4.html

Board/Management Information

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National Storage Mechanism | Additional information

RNS Number : 7605J

Rio Tinto PLC

22 May 2025

Notice to ASX/LSE                                                                                                                        

Rio Tinto announces Chief Executive succession plan

22 May 2025

Rio Tinto today announced that Chief Executive Jakob Stausholm will step down from the Group later this year, at the conclusion of a succession process.

Jakob joined Rio Tinto in 2018 as Executive Director and Chief Financial Officer, and became Chief Executive in January 2021. As Chief Executive, Jakob has reset Rio Tinto's strategy to align the group to the opportunities of the energy transition and shaped a pathway to a decade of profitable growth.

Jakob will continue to lead Rio Tinto as Chief Executive and a member of the Board of Directors while a successor is appointed. A rigorous selection process is already underway, led by the Nominations Committee.

Rio Tinto Chair Dominic Barton said: "Under Jakob's leadership, Rio Tinto has restored trust with key stakeholders, aligned our portfolio with the commodities where demand growth is strongest, built a diverse and talented management team, and set a compelling growth trajectory. Our focus on these things is undiminished and our strategic priorities are unchanged. This is a natural moment to appoint Jakob's successor, as we look ahead to our next phase in which we will double down to deliver greater operational performance to realise the full potential of our assets. I would like to thank Jakob for his significant contribution to Rio Tinto at a critical time in its evolution."

Rio Tinto Chief Executive Jakob Stausholm said: "It has been an absolute privilege to lead Rio Tinto, one of the great mining and materials companies in the world. I would like to thank the deeply dedicated and talented people across the organisation that together have raised both operational performance and project execution. We have built on Rio Tinto's historic strengths to deliver profitable, stable growth and significant shareholder value. I know the company will continue to thrive long into the future."

Contacts

Please direct all enquiries to [email protected]

### Media Relations,

### United Kingdom

Matthew Klar  

M +44 7796 630 637  

David Outhwaite

M +44 7787 597 493
### Media Relations,

### Australia

Matt Chambers

M +61 433 525 739

Michelle Lee

M +61 458 609 322

Rachel Pupazzoni

M +61 438 875 469
### Media Relations,

### Canada

Simon Letendre

M +1 514 796 4973

Malika Cherry

M +1 418 592 7293

Vanessa Damha

M +1 514 715 2152

### Media Relations,

### US

Jesse Riseborough  

M +1 202 394 9480
### Investor Relations,

### United Kingdom

Rachel Arellano

M: +44 7584 609 644

David Ovington

M +44 7920 010 978

Laura Brooks    

M +44 7826 942 797  

Weiwei Hu   

M +44 7825 907 230
### Investor Relations,

### Australia

Tom Gallop

M +61 439 353 948

Phoebe Lee  

M +61 413 557 780
### Rio Tinto plc

6 St James's Square

London SW1Y 4AD

United Kingdom

T +44 20 7781 2000

Registered in England

No. 719885
### Rio Tinto Limited

Level 43, 120 Collins Street

Melbourne 3000

Australia

T +61 3 9283 3333

Registered in Australia

ABN 96 004 458 404

LEI: 213800YOEO5OQ72G2R82

This announcement contains inside information.

This announcement is authorised for release to the market by Andy Hodges, Rio Tinto's Group Company Secretary.

riotinto.com

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END

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