0KWZ Rio Tinto Plc

TIDMRIO

RNS Number : 0784S

Rio Tinto PLC

07 March 2023

Notice to ASX/LSE

Rio Tinto resolves legacy U.S. Securities and Exchange Commission FCPA investigation

6 March 2023

Rio Tinto has today resolved a previously self-disclosed investigation by the U.S. Securities and Exchange Commission (SEC) into certain contractual payments made to a former consultant over a decade ago in 2011, relating to the Simandou project in the Republic of Guinea.

Without admitting to or denying the SEC's findings, Rio Tinto has agreed to pay a $15 million civil penalty for violations of the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA).

In connection with the settlement, Dominic Barton, Chairman of Rio Tinto said: "We are glad to have resolved this matter related to events that occurred over a decade ago on appropriate and reasonable terms. When Rio became aware of the issue, an internal investigation was immediately launched, and we proactively notified the appropriate authorities.

"Since becoming aware, Rio Tinto has taken significant actions to enhance our compliance programme based on best practices. Under current leadership we are taking action to build a culture guided by our values of care, courage and curiosity; an environment where every team member feels comfortable to speak up if something is not right. We remain committed to conducting business to the highest standards of integrity, and ensuring that our projects benefit communities, host governments, shareholders, and customers."

Contacts

Please direct all enquiries to media.enquiries@riotinto.com

 
Media Relations, United     Media Relations, Australia     Media Relations, 
 Kingdom                                                    Americas 
                             Matt Chambers 
 Matthew Klar                M +61 433 525 739              Simon Letendre 
 M +44 7796 630 637                                         M +1 514 796 4973 
                             Jesse Riseborough 
 David Outhwaite             M +61 436 653 412              Malika Cherry 
 M +44 7787 597 493                                         M +1 418 592 7293 
                             Alyesha Anderson 
                             M +61 434 868 118 
Investor Relations, United  Investor Relations, Australia 
 Kingdom 
                             Tom Gallop 
 Menno Sanderse              M +61 439 353 948 
 M +44 7825 195 178 
                             Amar Jambaa 
 David Ovington              M +61 472 865 948 
 M +44 7920 010 978 
 
 Clare Peever 
 M +44 7788 967 877 
Rio Tinto plc               Rio Tinto Limited 
 
 6 St James's Square         Level 43, 120 Collins Street 
 London SW1Y 4AD             Melbourne 3000 
 United Kingdom              Australia 
 T +44 20 7781 2000          T +61 3 9283 3333 
 
 Registered in England       Registered in Australia 
 No. 719885                  ABN 96 004 458 404 
 

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

riotinto.com

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END

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March 07, 2023 02:00 ET (07:00 GMT)

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