Teck Resources Investor Presentation — April 2019

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First Quarter 2019 Results

April 23, 2019Caution Regarding Forward- Looking Statements

Both these slides andtheaccompanying oralpresentation contain certain forward -looking statements within themeaning oftheUnited States Private Securities Litigation Reform Actof1995 and forward -

looking information within themeaning oftheSecurities Act(Ontario) andcomparable legislation inother provinces (collectively referred toherein asforward looking statements) .Forward- looking statements

canbeidentified bytheuseofwords such as“plans”, “expects” or“does notexpect”, “isexpected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or“does notanticipate”, or“believes”,

orvariation ofsuch words andphrases orstate thatcertain actions, events orresults “may”, “could”, “should”, “would”, “might” or“will” betaken, occur orbeachieved. Forward -looking statements involve

known and unknown risks, uncertainties and other factors which may cause theactual results, performance orachievements ofTeck tobematerially different from any future results, performance or

achievements expressed orimplied bytheforward -looking statements .

These forward- looking statements include estimates, forecasts, andstatements astomanagement’s expectations andguidance with respect to,among other matters, business unitandcommodity production

guidance, cost guidance, expectations forproduction ateach ofouroperations, sales guidance, capital expenditure guidance, expectation forimprovement ofcopper grades atHighland Valley, availability ofour

credit facilities, Teck’s share ofremaining equity capital fortheQB2project andtiming ofcontributions,, ourexpectations regarding theprojects andtransactions described ontheslide titled “Looking Forward

Multiple catalyst/valuation milestones”, theexpectations underlying ourguidance, andourexpectations regarding ourbusiness andmarkets .

These forward -looking statements involve numerous assumptions, risks anduncertainties andactual results may vary materially .These statements arebased onanumber ofassumptions, including, butnot

limited to,assumptions regarding general business andeconomic conditions, interest rates, thesupply anddemand for,inventories of,andthelevel andvolatility ofprices ofcoal, copper, zincandother primary

metals andminerals produced byTeck aswellasoil,natural gasandpetroleum products, thesupply anddemand forourblended bitumen, thetiming ofreceipt ofregulatory andgovernmental approvals for

Teck’s development projects andother operations, Teck’s costs ofproduction andproduction andproductivity levels, aswell asthose ofitscompetitors, power prices, market competition, theaccuracy of

Teck’s reserve andresource estimates (including, with respect tosize, grade andrecoverability) andthegeological, operational andprice assumptions onwhich these arebased, conditions inthefinancial