Fortescue Metals – Interim Target A

We have also set the following medium term targets: • Enable a reduction in emissions intensity levels from the shipping of our iron ore by 50 per cent by 2030 from FY21 levels. • Enable a reduction in emissions intensity from steel making by Fortescue’s customers of 7.5 per cent by 2030 from FY21 levels. This target aligns with a 1.5°C trajectory as we achieve net zero one decade prior to 2050.

• Interim Target Baseline Year: 2020