Freeport McMoRan : ESG Investor Presentation

ESG Investor Presentation

November/December 2020

fcx.com

Cautionary Statement

This presentation contains forward-looking statements in which FCX discusses its potential future performance. Forward-looking statements are all statements other than statements of historical facts, such as plans, projections, expectations, targets, objectives, strategies or goals relating to environmental, social, safety and governance performance, including focus areas of climate and water stewardship, tailings management, reclamation and waste management, biodiversity, and sustainability, and the underlying assumptions and estimated

impacts on FCX's business related thereto; FCX's approach to lower carbon and reduced

emissions; plans and expectations in relation to future clean energy transition; future risk mitigation; FCX's continuing commitment to safe and reliable operations; FCX's commitment to human rights and creating a diverse and inclusive workplace; FCX's aim to deliver responsibly produced copper and its Copper Mark ambitions; and statements and goals

related to copper's antimicrobial properties. The words "anticipates," "may," "can," "plans," "believes," "estimates," "expects," "projects," "targets," "intends," "likely," "will," "should," "could," "to be," "potential," "assumptions," "guidance," "future" and any similar expressions

are intended to identify those assertions as forward-looking statements.

FCX cautions readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, expected, projected or assumed in the forward-looking statements. Important factors that can cause FCX's actual results to differ materially from those anticipated in the forward-looking

statements include, but are not limited to, the factors described under the heading "Risk Factors" in FCX's Annual Report on Form 10-K for the year ended December 31, 2019, and subsequent Quarterly Report on Form 10-Q for the quarter ended September 30, 2020, each filed with the U.S. Securities and Exchange Commission (SEC), as updated by FCX's

subsequent filings with the SEC.

Investors are cautioned that many of the assumptions upon which FCX's forward-looking statements are based are likely to change after the forward-looking statements are made. Further, FCX may make changes to its business plans that could affect its results. FCX cautions investors that it does not intend to update forward-looking statements more frequently than quarterly notwithstanding any changes in its assumptions, changes in business plans, actual experience or other changes, and FCX undertakes no obligation to update any forward-looking statements.

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Freeport: Foremost in Copper

Global Industry	Trusted	World-Class	Block Cave	Responsible
Leader	Operator	Developer	Leader	Producer
One of the world's	Strong	Industry leading	Industry leading	Long-standing
largest publicly	reputation and	track record for	technical	commitment
traded copper	franchise in 4	major project	capabilities;	to all of our
producers;	countries;	execution in	Decades of	stakeholders
Seasoned and	Synergistic	complex	block caving	including our
value-driven	operation of all	jurisdictions	experience	employees,
global team;	assets			communities, host
30+ year reserve				countries,
life with substantial				customers and
additional				suppliers
resources

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Leading Responsible Copper Producer

Committed to all stakeholders

• Health & Safety
• Workforce
• Communities & Indigenous Peoples
• Human Rights

By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well beyond our own operational boundaries

• Climate & Water

Stewardship

• Biodiversity

• Tailings Management

• Reclamation & Waste

Management

• Business Integrity & Ethics
• Independent & Engaged Board Oversight
• Responsible Value Chains
• Transparency & Accountability

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