BHP Group Regulatory News (BHP)

Exchange release

15 August 2024

In accordance with ASX Listing Rule 3.17A, BHP Group Limited (BHP) advises that it has received the attached resolutions for consideration at BHP's 2024 Annual General Meeting under s 249N of the Corporations Act from shareholders representing less than 0.17% of BHP's shares on issue.

These resolutions have been received ahead of the intended release of BHP's second Climate Transition Action Plan. BHP has engaged with investors, including the requisitioning group, in the lead up to releasing this Plan.

BHP's Notice of Annual General Meeting will include the requisitioned resolutions, the requisitioners' statements of support, and the Board's voting recommendations and response.

Authorised for release by Stefanie Wilkinson, Group General Counsel and Group Company Secretary.

ATTACHMENT

Resolution 1

To insert into our Company's constitution the following new clause 60A:

Member resolutions at general meeting

The members in general meeting may by ordinary resolution express an opinion, or request information about the way in which a power of the Company partially or exclusively vested in the directors has been or should be exercised. However, such a resolution must relate to an issue of material relevance to the Company or the Company's business, and cannot either advocate action which would violate any law or relate to any personal claim or grievance. Such a resolution is advisory only and does not bind the directors or the Company.

Resolution 2

In light of the commercial imperative to be well-positioned as global demand shifts towards green steel, shareholders request the Company provide additional disclosures about its plans for Scope 3 emissions reductions from processing iron ore. In order to enhance market confidence, these disclosures should address:

· planned expenditure for steel decarbonisation investment over the forward three years, along with the estimated emissions reduction impact of each investment

· the Company's plans for delivering net zero emissions from iron ore processing by 2050, including timelines, investment priorities, and governance oversight

· optimal policy settings that would promote emissions reductions across the steel value chain.

These disclosures should initially be published before the Company's 2025 AGM. Thereafter, they should be updated alongside company reporting in each year that material changes are made. This should be undertaken at reasonable cost and omit commercial-in-confidence information.

Nothing in this resolution should be read as limiting the Board's discretion to take decisions in the best interests of the Company.