Teck Resources Investor Presentation — February 2018

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Fourth Quarter 2017 Results

February 14, 2018Forward Looking Information

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

information within themeaning oftheSecurities Act(Ontario). 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 andunknown risks, uncertainties andother factors which may cause theactual results, performance orachievements ofTeck tobe

materially different from anyfuture results, performance orachievements expressed orimplied bytheforward-looking statements .

Theforward-looking statements inthese slides andtheoralpresentation include estimates, forecasts, andstatements astomanagement’s expectations withrespect to,among other matters, business unitproduction

andcost guidance andtheassumptions thatguidance isbased on,expectations forproduction ateach ofouroperations, Red Dog mined zincsales guidance, firstquarter coal pricing expectations, expectation oftime

toeach 90% ofnameplate capacity atFortHills, expectation thatwewillincrease ourinterest inFortHills toapproximately 21.3%in2018 ,timing andexpectations forouroperations discussed onthe“Creating Value”

slide andaccompanying oralpresentation, timing oftheclosing oftheWaneta Dam transaction andexpectation thatthetransaction willclose, guidance provided onthe“Capital Expenditures Guidance 2018 ”slide and

accompanying oralpresentation, expectations ofthebenefits ofourHighland Valley andRed Dog millprojects, anticipated benefits andcosts ofourother capital projects, andassumptions underlying ourcost and

production guidance asdisclosed intherelevant footnotes .These forward-looking statements involve numerous assumptions, risks anduncertainties andactual results may vary materially .

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

assumptions regarding general business andeconomic conditions, interest rates, thesupply anddemand for,inventories of,andthelevel andvolatility ofprices ofcoal, copper, zinc andother primary metals and

minerals produced byTeck aswellasoil,natural gasandpetroleum products, thetiming ofreceipt ofregulatory andgovernmental approvals forTeck’s development projects andother operations, Teck’s costs of