Rio Tinto Plc · LSE:RIO
Rio Tinto — Shareholder Meeting (April 2015)
25 slides from Rio Tinto's shareholder meeting presentation, Apr 17, 2015
Slide 1: 2015 Annual general meeting
16 April 2015 2015 Annual general meeting Cape Lambert B, Pilbara, Australia
Slide 2: Jan du Plessis, Chairman
16 April 2015 Jan du Plessis Chairman Resolution Copper project, sustainable water initiative
Slide 3: Board of directors
Board of directors Diavik Diamond Mine, Canada ©2015, Rio Tinto, All Rights Reserved
Slide 4: A consistent strategy
A consistent Strategy strategy Strategy Invest in and operate long-life, low-cost, expandable operations in the most attractive industry sectors Greater value for shareholders ©2015, Rio Tinto, All Rights Reserved
Slide 5: Strong financial performance
Strong financial Delivered underlying earnings of US$9.3 billion performance Net cash generated from operating activities US$14.3 billion Maintained EBITDA margin at 39% ©2015, Rio Tinto, All Rights Reserved
Slide 6: A business transformed
Since 2012, Rio Tinto has: A business reduced costs by US$4.8 billion transformed released US$2.1 billion in working capital more than halved capital expenditure to US$8.2 billion cut net debt almost by half to US$12.5 billion reduced gearing to a conservative 19 per cent ©2015, Rio Tinto, All Right
Slide 7: Delivering shareholder returns
Delivering 2014 full year dividend increase of 12% shareholder returns Share buy-back of US$2 billion Cash returns to shareholders increased by 64% ©2015, Rio Tinto, All Rights Reserved
Slide 8: Active governance
Active governance Safety check, Bengalla coal mine, NSW, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 9: A responsible and transparent business
A responsible and transparent 2014 total global tax contribution business US$7.1 billion A further US$1.8 billion of taxes paid on behalf of employees Collecting seed for mine rehabilitation, Weipa, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 10: Global economic outlook
Global economic outlook Shanghai, China ©2015, Rio Tinto, All Rights Reserved
Slide 11: A strong and resilient future
A strong and resilient future Aluminium being shipped from Isal, Straumsvik, Iceland ©2015, Rio Tinto, All Rights Reserved
Slide 12: Sam Walsh, Chief executive
16 April 2015 Sam Walsh Chief executive Bauxite, Weipa, Australia
Slide 13: Safety
Safety Injury frequency rates 2003-2014 Per 200,000 hours worked 2.0 1.8 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 0.0 ’03 ’04 ’05 ’06 ’07 ’08 ’09 ’10 ’11 ’12 ’13 '14 All injury frequency rate La Granja Safety Lost time injury frequency rate Safety check, Rio Tinto Kennecott, ©2015, Rio Tinto, All Rights Rese
Slide 14: Focus on value
Focus on value Trucks at beginning of shift, Boron, California, US ©2015, Rio Tinto, All Rights Reserved
Slide 15: World-class assets
World-class Pilbara iron ore Kitimat smelter assets expansion to modernisation 290 million tonnes delivered ahead of schedule Processing Coal production Excellence records in the Centre opened Hunter Valley in Brisbane 57 autonomous trucks in operation ©2015, Rio Tinto, All Rights Reserved
Slide 16: Our sustainable future
Our sustainable Zulti-South study, future Richards Bay Minerals, South Africa Land exchange at Resolution copper project South of Embley Simandou, bauxite study, feasibility study, Australia Guinea ©2015, Rio Tinto, All Rights Reserved
Slide 17: Delivering shareholder value
Delivering shareholder value Coal stockpiled for processing, Queensland, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 18: Sustainable returns for shareholders
16 April 2015 Sustainable returns for shareholders Richard Bay Minerals, South Africa
Slide 19: Resolutions
Resolutions Resolution 1: Receipt of 2014 Annual Report 1 - 18 Resolution 2: Approval of Remuneration Policy Report Resolution 3: Approval of the Directors’ Report on Remuneration Resolution 4: Approval of Remuneration Report Resolutions 5-16: Election / Re-election of directors Resolution 17: Re-ap
Slide 20: Resolutions
Resolutions Resolution 19: General authority to allot shares 19 - 22 Resolution 20: Disapplication of pre-emption rights Resolution 21: Authority to purchase Rio Tinto plc shares Resolution 22: Notice period for general meetings other than annual general meetings ©2015, Rio Tinto, All Rights Reserve
Slide 21: John Varley, Remuneration Committee chairman
16 April 2015 John Varley Remuneration Committee chairman Autonomous trucks, Pilbara, Australia
Slide 22: Resolutions 2-4
Resolutions Resolution 2: Approval of Remuneration Policy Report 2-4 – (UK law requirement) Resolution 3: Approval of the Directors’ Report on Remuneration – (UK law requirement) Resolution 4: Approval of full Remuneration Report – (Australian law requirement) ©2015, Rio Tinto, All Rights Reserved
Slide 23: Remuneration policy
Remuneration policy Rio Tinto Marine fleet, RTM Wakmatha ©2015, Rio Tinto, All Rights Reserved
Slide 24: Remuneration outcomes
Remuneration Linking remuneration with strategy outcomes Aligning interests between shareholders and executives Engaging in dialogue with our shareholders ©2015, Rio Tinto, All Rights Reserved
Slide 25: 2015 Annual general meeting
16 April 2015 2015 Annual general meeting Employee, Saguenay Lac-Saint-Jean, Quebec, Canada