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Glass Lewis Endorses Palliser's Proposal for Review of Rio Tinto's DLC Structure

1. Palliser Capital supports AGM resolution for RIO's structural review. 2. Glass Lewis endorses independent review of RIO's dual-listed company structure.

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FAQ

Why Bullish?

The call for transparency and an independent review indicates potential operational improvements. Similar scenarios in the past have resulted in positive shareholder sentiment and stock price increases.

How important is it?

The endorsement for independent review highlights governance concerns which could attract investor interest.

Why Long Term?

The structural changes, if adopted, could lead to significant benefits in governance and operations over time.

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RIOBHPVALE
LONDON--(BUSINESS WIRE)--Palliser Capital (“Palliser”) today welcomed Glass Lewis' endorsement of its resolution at the Annual General Meeting (AGM) for Rio Tinto Plc (LSE:RIO) on April 3, 2025. Palliser has been pushing for Rio Tinto to conduct an independent, comprehensive and transparent review of the unification of its dual listed company (DLC) structure into a single Australian-domiciled holding company, arguing that shareholders deserve more than the closed-door internal assessment conduc.

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