Internal Feasibility study being completed as continuation of previous commitments

This statement is a response to the SEOS claim that Rio Tinto and Bechtel are progressing the development of the Jadar Project. Rio Tinto reiterates that it respects the Government decision earlier this year to revoke all permits and licenses for the project. We are continuing to conduct our business activities in accordance with Serbian laws. All of our activities are a continuation of previous commitments. This includes completing the internal Feasibility Study, which requires collecting and assessing design data from relevant vendors in order to meet applicable technical, environmental and sustainability standards. The Feasibility Study is being completed in partnership with Bechtel, who have provided Project Management Contractor (PMC) support to the project since 2018.