THE VALUE OF COPPER ARIZONA OPERATIONS 2023 ECONOMIC IMPACT Freeport-McMoRan's Arizona mining operations and business activities generated ALMOST $4.4 BILLION in economic benefits for the state of Arizona. Compensation $1,3571 MM Spending by Employees $792.5 MM ARIZONA Business Taxes $75.7 MM Vendor Purchases $757.5 MM DIRECT IMPACT | $2.2 Billion Spending from New Tax Revenues Spending from Pension Income Vendor Purchases $547.9 MM $53.0 MM $807.9 MM INDIRECT IMPACT | $2.2 Billion $4.4 BILLION TOTAL ECONOMIC BENEFITS The Arizona operations EMPLOYED 10,296 and the ripple effect of wages and taxes, plus services we purchased, created a total of 35,527 JOBS in the state, generating additional economic benefits. Note: Figures are approximate. All economic impact numbers were produced by the L. William Seidman Research Institute, Arizona State University. F:v FREEPORT-MCMORAN fcx.com f FreeportFCX FM FCX in Freeport-McMoRan FreeportFCX THE VALUE OF COPPER ARIZONA OPERATIONS 2023 ECONOMIC IMPACT Freeport - McMoRan's Arizona mining operations and business activities generated ALMOST $ 4.4 BILLION in economic benefits for the state of Arizona . Compensation $ 1,3571 MM Spending by Employees $ 792.5 MM ARIZONA Business Taxes $ 75.7 MM Vendor Purchases $ 757.5 MM DIRECT IMPACT | $ 2.2 Billion Spending from New Tax Revenues Spending from Pension Income Vendor Purchases $ 547.9 MM $ 53.0 MM $ 807.9 MM INDIRECT IMPACT | $ 2.2 Billion $ 4.4 BILLION TOTAL ECONOMIC BENEFITS The Arizona operations EMPLOYED 10,296 and the ripple effect of wages and taxes , plus services we purchased , created a total of 35,527 JOBS in the state , generating additional economic benefits . Note : Figures are approximate . All economic impact numbers were produced by the L. William Seidman Research Institute , Arizona State University . F : v FREEPORT - MCMORAN fcx.com f FreeportFCX FM FCX in Freeport - McMoRan FreeportFCX