Teck Resources Investor Presentation — October 2021

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Third Quarter 2021 Results

October 27, 2021Caution Regarding Forward- Looking Statements

Both these slides andtheaccompanying oralpresentation certain forward- looking information andforward -looking statements asdefined inapplicable securities laws (collectively referred toasforward-looking statements) .These

statements relate tofuture events orourfuture performance. Allstatements other than statements ofhistorical factareforward -looking statements. Theuseofanyofthewords “anticipate”, “plan”, “continue”, “estimate”, “expect”,

“may”, “will”, “project”, “predict”, “potential”, “should”, “believe” andsimilar expressions isintended toidentify forward -looking statements. These statements involve known andunknown risks, uncertainties andother factors thatmay

cause actual results orevents todiffer materially from those anticipated insuch forward-looking statements. These statements speak only asofthedate ofthispresentation .

These forward -looking statements include, butarenotlimited to,statements concerning: ourfocus andstrategy ;thepotential impact oftheCOVID -19onourbusiness andoperations, including ourability tocontinue operations at

oursites; allguidance appearing inthispresentation, including butnotlimited tosales, cost, unitcost, adjusted sitecash cost ofsales, transport costs, adjusted operating costs, capital expenditure andproduction guidance andthe

statement thatannual guidance isunchanged; QB2 capital cost guidance, sizeofpotential increase tocontingency, andestimate ofQB2 COVID- 19related capital costs; timing offirstproduction atQB2; expectation ofachieving run

rateatdesign capacity forNeptune inQ42021 ;timing ofFortHills transitioning totwo-train operation andoperating atfullproduction rates byyear end;liquidity andavailability ofborrowings under ourcredit facilities andtheQB2

project finance facility ;thestatement thatthere issignificant potential forEBITDA generation from current steelmaking coal prices; thestatement thatTeck ispoised forgrowth ;andourexpectations regarding ourbusiness and

These statements arebased onanumber ofassumptions, including, butnotlimited to,assumptions regarding general business andeconomic conditions, interest rates, commodity andpower prices, acts offoreign ordomestic

governments andtheoutcome oflegal proceedings, thesupply anddemand for,deliveries of,andthelevel andvolatility ofprices ofcopper, coal, zincandblended bitumen andourother metals andminerals, aswellasoil,natural

gasandother petroleum products, thetiming ofthereceipt ofregulatory andgovernmental approvals forourdevelopment projects andother operations, including mine extensions ;positive results from thestudies onourexpansion

anddevelopment projects; ourability tosecure adequate transportation, including rail,pipeline andportservice, forourproducts ourcosts ofproduction andourproduction andproductivity levels, aswellasthose ofourcompetitors,