PHOENIX, AZ, December 18, 2024 – Freeport (NYSE: FCX) announced today that its Board of Directors declared
cash dividends of $0.15 per share on FCX’s common stock payable on February 3, 2025, to shareholders of
record as of January 15, 2025. The declaration includes a base dividend of $0.075 per share and variable
dividend of $0.075 per share in accordance with FCX’s performance-based payout framework. The payment of
dividends is at the discretion of the Board, which will consider FCX’s financial results, cash requirements, global
economic conditions and other factors it deems relevant.
FREEPORT: Foremost in Copper
FCX is a leading international metals company with the objective of being foremost in copper.
Headquartered in Phoenix, Arizona, FCX operates large, long-lived, geographically diverse assets with significant
proven and probable reserves of copper, gold and molybdenum. FCX is one of the world’s largest publicly traded
copper producers.
FCX’s portfolio of assets includes the Grasberg minerals district in Indonesia, one of the world’s largest
copper and gold deposits; and significant operations in North America and South America, including the large-
scale Morenci minerals district in Arizona and the Cerro Verde operation in Peru.
By supplying responsibly produced copper, FCX is proud to be a positive contributor to the world well
beyond its operational boundaries. Additional information about FCX is available on FCX’s website at fcx.com.