Teck Resources Investor Presentation — March 2021

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Global Metals & Mining

President and Chief Executive Officer

Caution Regarding Forward -Looking Statements

2Both these slides andtheaccompanying oralpresentations contain certain forward -looking statements within themeaning oftheUnited States Private Securities Litigation Reform Actof1995 andforward -looking information within themeaning ofthe

Securities Act(Ontario) andcomparable legislation inother provinces (collectively referred toherein asforward -looking statements) .Forward -looking statements canbeidentified bytheuseofwords such as“plans”, “expects” or“does notexpect”, “is

expected”, “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 tobematerially different from anyfuture

results, performance orachievements expressed orimplied bytheforward -looking statements .These statements speak only asoftheoriginal date ofthispresentation .

These forward -looking statements include, butarenotlimited to,statements concerning :thepotential impact oftheCOVID -19onourbusiness andoperations, including ourability tocontinue operations atoursites;ourability tomanage challenges

presented byCOVID -19;ourlong-term strategy, including butnotlimited tocopper growth strategy ;doubling ofcopper production by2023 through QB2;allexpectations regarding future copper, zinc andsteelmaking coal demand andhow Teck is

positioned tobenefit ;Teck’s strategy ensuring weaewell-positioned forchanges indemand forcommodities ;iswellpositioned forthelow-carbon economy ;ourgoal ofcarbon neutrality andthesteps toachieve thatgoal;expectations ofcopper

production growth ;ourgreen metals growth strategy andthecomponents ofthatstrategy, including butnotlimited toaccelerating growth incopper, andmaximizing cash flowfrom operations tofund copper growth ;allprojections andforecasts about

QB2andQB3orbased onQB2orQB3,including butnotlimited tocopper growth, C1cash costs andAISC costs, strip ratio, throughput rateandpotential tobecome atopfiveglobal copper producer ;reserve andresource estimates ;long-term zinc

optionality, andincluding those setoutinthe“Quebrada Blanca” Appendix ;impact ofcommodity price change onannualized EBITDA andannualized profit ;liquidity andavailability ofborrowings under ourcredit facilities andtheQB2project finance

facility ;objectives andcomponents ofTeck's capital allocation framework, including abase dividend andpotential supplemental shareholder distribution andmaintenance ofsolid investment grade metrics ;sustainability goals ;statement weare