Teck Resources Investor Presentation — July 2024

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July 24, 2024CONFERENCE CALLSECOND QUARTER 2024Change photo

CAUTION REGARDING FORWARD -LOOKING STATEMENTS

2Both these slides and the accompanying oral presentation contain certain forward -looking information and forward -looking statements as defined in applicable securities laws (collectively referred to as forward -looking statements) . These statements relate to future events or

our future performance . All statements other than statements of historical fact are forward -looking statements . The use of any of the words “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “should”, “believe” and similar

expressions is intended to identify forward -looking statements . These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward -looking statements . These

statements speak only as of the date of this presentation .

These forward -looking statements include, but are not limited to, statements concerning :ourstrategy andpriorities ;allguidance included inthispresentation, including production guidance, netcash unitcost guidance andcapital expenditure guidance ;sensitivity analysis of

ourestimated adjusted profit attributable toshareholders andadjusted EBITDA ;statements relating tomarket expectations, including expectations relating tothesupply anddemand ofthemarkets forourproducts ;estimated taxes relating tothesale ofoursteelmaking coal

business andtiming forpayment thereof ;alloutlook andguidance regarding theramp upofQB,including ourexpectation thatQBwilldouble Teck’s copper production ;ourexpectations regarding mine lifeextensions forHVC, Antamina andRed Dog;ourportfolio ofcopper

growth options andexpectations forourcopper projects, including expectations related tobenefits andpayback periods, thesubmission andreceipt ofregulatory approvals, timing forcompletion ofprefeasibility, feasibility studies andsanctioning, costs andtiming related to

construction andcommissioning andexpectations relating toproduction levels, capital andoperating costs, mine life,strip ratios, C1cash costs andfurther expansions ;ourexpectation thatwehave apathway toincrease copper production byafurther 30%starting asearly

as2028 ;statements regarding Teck’s capital allocation framework andtheexpected useofproceeds from thesale ofoursteelmaking coal business, including statements regarding potential returns toshareholders, potential cash flows andallocation offunds ;andallother

statements thatarenothistoric facts .

Actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward -looking statements contained in this presentation . Such statements are based on a number of assumptions that may prove to be incorrect, including,