Rio Tinto Plc · LSE:RIO
Rio Tinto — Shareholder Meeting (May 2015)
25 slides from Rio Tinto's shareholder meeting presentation, May 7, 2015
Slide 1: 2015 Annual general meeting
7 May 2015 For personal use only 2015 Annual general meeting Cape Lambert B, Pilbara, Australia
Slide 2: Jan du Plessis, Chairman
7 May 2015 For personal use only Jan du Plessis Chairman Locomotive, Pilbara, Australia
Slide 3: Board of directors
For personal use only Board of directors Diavik Diamond Mine, Canada ©2015, Rio Tinto, All Rights Reserved
Slide 4: A consistent strategy
For personal use only 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
For personal use only 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
For personal use only 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
Slide 7: Delivering shareholder returns
For personal use only 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
For personal use only Active governance Safety check, Bengalla coal mine, NSW, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 9: A responsible and transparent business
For personal use only 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
For personal use only Global economic outlook Shanghai, China ©2015, Rio Tinto, All Rights Reserved
Slide 11: A strong and resilient future
For personal use only A strong and resilient future Iron ore being shipped from Cape Lambert, Pilbara, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 12: Sam Walsh, Chief executive
7 May 2015 For personal use only Sam Walsh Chief executive Bauxite, Weipa, Australia
Slide 13: Safety injury frequency rates 2003-2014
For personal use only 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
Slide 14: Focus on value
For personal use only Focus on value Yandicoogina iron ore mine, Pilbara, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 15: World-class assets and operational excellence
For personal use only 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 Rig
Slide 16: Our sustainable future
For personal use only 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
For personal use only Delivering shareholder value Coal stockpiled for processing, Queensland, Australia ©2015, Rio Tinto, All Rights Reserved
Slide 18: Sustainable returns for shareholders
7 May 2015 For personal use only Sustainable returns for shareholders Loading ship, Cape Lambert, Pilbara, Australia
Slide 19: Resolutions 1 - 18
For personal use only Resolution 1: Receipt of 2014 Annual Report Resolutions Resolution 2: Approval of Remuneration Policy Report 1 - 18 Resolution 3: Approval of the Directors’ Report on Remuneration Resolution 4: Approval of Remuneration Report Resolutions 5 - 6: Election of directors Resolutions
Slide 20: Resolution 19: Share buy-back authorities
For personal use only Resolution Resolution 19: Renewal of off-market and on-market share 19 buy-back authorities ©2015, Rio Tinto, All Rights Reserved
Slide 21: John Varley, Remuneration Committee chairman
7 May 2015 For personal use only John Varley Remuneration Committee chairman Diamond sorting, Rio Tinto Diamonds, India
Slide 22: Resolutions 2-4
For personal use only 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,
Slide 23: Remuneration policy
For personal use only Remuneration policy Rio Tinto Marine fleet, RTM Wakmatha ©2015, Rio Tinto, All Rights Reserved
Slide 24: Linking remuneration with strategy outcomes
For personal use only 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
7 May 2015 For personal use only 2015 Annual general meeting Employee, West Angelas, Pilbara, Australia