SCOPE OF POTENTIAL HUMAN RIGHTS IMPACTS

Our human rights dashboard helps frame our UN Guiding Principles (UNGPs) implementation across our operational activities. The dashboard is intended to reflect the scope of our potential human rights risks and impacts as well as the scope of our human rights impact assessments (HRIAs) and our continued efforts to integrate human rights considerations across relevant business functions at our operations.

Each dashboard topic is mapped to specific internationally recognized human rights which is intended to support a comprehensive, rights-driven approach. While the dashboard topics are generally applicable across our global operations, certain dashboard topics such as illegal artisanal mining and Indigenous Peoples may not be relevant at every operating location.

We leverage our sustainability risk register process and our human rights due diligence program to assess which topics in our human rights dashboard are most salient at a site-level. We aim to manage the salient human rights topics as part of our ongoing operational work. Learn more about our approach in our 2024 Annual Report on Sustainability.

HUMAN RIGHTS DUE DILGENCE

As we seek to further embed respect for human rights across our organizational activities, we have various due diligence processes that help to identify and assess which human rights topics are most salient at the site-level so we can manage and integrate these risks into our ongoing operational work. We use our sustainability risk register process to identify risks to people, including human rights risks, at our existing operations. Our Project Development Sustainability Review process for greenfield projects and brownfield expansions includes a risk identification process to address potential and actual impacts on rights-holders. We create action plans for specific site-level operating environments and refine our approach to human rights through ongoing stakeholder engagement, grievance management and the findings from our HRIAs. We continue to work to enhance these processes to better assess the severity and likelihood of risk to people from a human rights perspective.

A variety of factors are considered when prioritizing sites for specific human rights due diligence. We consider which sites have a higher human rights risk profile, as well as whether a site has recently undergone or has potential for significant operational change, stakeholder feedback and other practical considerations regarding implementation. Higher risk sites are assessed approximately every 5 years and lower risk sites less frequently.

Human Rights Impact Assessments

HRIAs, conducted by third-party consultants using methodologies aligned with the UNGPs, are our primary method for conducting human rights due diligence at our operations. These assessments involve direct input from a broad cross-section of internal and external rights-holders and their representatives, including a sampling of employees, on-site contractors, local suppliers and community members. The process supports continuous improvement of our management systems by testing their effectiveness in identifying and addressing potential, actual and perceived human rights risks and impacts. Our current HRIA schedule and status are outlined below.

For information about our HRIA methodology, process and assessment summaries, please refer to the following documents:

• FCX HRIA Methodology
• FCX El Abra HRIA Summary
• FCX AZ Operations HRIA Summary
• PTFI Grasberg HRIA Summary

Responsible Sourcing

In addition to HRIAs, our responsible sourcing programs require human rights due diligence on suppliers of both goods and services, and minerals and metals for further processing. The development of these programs is informed by our HRIA findings. For information on our approach to assessing supplier human rights and other sustainability-related risks, see the Responsible Value Chains section of our 2024 Annual Report on Sustainability.

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