Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) and (c) On March 9, 2022, Freeport-McMoRan Inc. (FCX) announced the planned retirement of C. Donald "Don" Whitmire, Jr. as Vice President and Controller. Following a 33-year career with FCX, Don Whitmire (age 65) has elected to retire effective June 30, 2022. Ellie Mikes is expected to be appointed Vice President and Chief Accounting Officer upon Mr. Whitmire's retirement.

Ms. Mikes (age 44) has 19 years of experience with the FCX organization in various Financial Reporting and Treasury functions. She currently serves as Assistant Treasurer, a position she has held since 2019, and previously served as Director - Financial Reporting and Technical Accounting Research from 2011 to 2019.

Ms. Mikes' appointment is not pursuant to any arrangement or understanding with respect to any other person. There are no family relationships between Ms. Mikes and any director, executive officer or other person that would require disclosure under Item 401(d) of Regulation S-K under the Securities Act of 1933 ("Regulation S-K"). FCX is not aware of any transactions involving Ms. Mikes or a related person that would require disclosure under Item 404(a) of Regulation S-K.

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