Mr. Jonathan Price reports

TECK RELEASES NORTH AMERICA TRUTH AND RECONCILIATION ACTION PLAN

Teck Resources Ltd. has released its North America truth and reconciliation action plan, setting measurable commitments to respond to indigenous priorities, strengthen relationships with indigenous peoples, and integrate truth and reconciliation as a guiding framework for its activities across North America.

Grounded in respect and transparency, Teck shares this action plan with a commitment to:

• Reflect honestly on the past and the legacy of its operations in North America;
• Identify and manage current impacts on indigenous lands, waters, communities and relationships in North America;
• Understand and support the priorities and goals of the indigenous peoples whom Teck works with in North America;
• Share learnings openly with peers in the industry and beyond to contribute meaningfully to the important work of North American truth and reconciliation.

The action plan was shaped through engagement with indigenous governments, indigenous leaders, elders, thought leaders, community members and employees from across the North American areas where Teck operates. Teck is grateful for the time, care and intention shared with us in developing this North America truth and reconciliation action plan.

Quotes

Jonathan Price, president and chief executive officer, Teck

"As we work to provide critical minerals needed for global development and the energy transition, strong relationships with indigenous peoples are central to how we operate. At Teck, we know we have a responsibility to develop meaningful partnerships with indigenous communities on and near the territories where we operate and improve historic systems shaped by colonization. These are places where our mining activities can have real impacts on indigenous rights and livelihoods. Our North America truth and reconciliation action plan sets out the actions we are taking to remove barriers, foster indigenous inclusion, advance community priorities and work with our indigenous partners to better integrate their priorities, knowledge and experiences into the way we work. It reflects our commitment to strengthening our business practices -- by listening, learning, and taking the time and care needed to build enduring relationships with indigenous peoples."

Chastity Davis Alphonse, principal and lead consultant, Chastity Davis Consulting, and lead consultant, North America truth and reconciliation action plan, Teck

"Reconciliation is not a destination, nor is it a checklist. It is an ongoing responsibility rooted in truth, relationship, accountability and action. It asks organizations to move beyond intention and into a different way of being, one grounded in humility, listening, reciprocity, and the recognition that indigenous peoples have governed, stewarded and cared for these lands since time immemorial. As Teck moves from intention to implementation, my hope is that this work continues to be guided by relationships, indigenous voices and knowledge systems, and a shared responsibility to create change for future generations."

Christine Walkem, chief of Cook's Ferry Indian Band and chair of Citxw Nlaka'pamux Assembly

"As nlekepmx, our responsibility to our people, our land and future generations guides what we expect from reconciliation. Teck's action plan is a step in the right direction, with the work of meeting our communities' expectations still ahead. Its value will be demonstrated through decisions that respect our rights, give our people a meaningful role in shaping what happens in our territory and honour the commitments made to us. Our responsibility is to hold that work to account. Our children and grandchildren deserve to inherit the lasting change these commitments must deliver."

Indian Residential School Survivors Society

"From our perspective, an important lesson for organizations is that reconciliation must be grounded in relationships, guided by responsibility, reciprocity, trust and respect. Reconciliation is not static or symbolic. Accountability and follow-through are demonstrated when commitments made through a reconciliation action plan are embedded into organizational practices and revisited regularly. As Teck moves from intention to action, we remind you that trust is built through consistent and respectful action over time. Showing up, listening, and maintaining long-term relationships and commitments are what transforms intention into lasting change."

John Lambert, artist, North America truth and reconciliation action plan, Teck

"Teck has proven to be a partner willing to thoughtfully consider how the sacred parts of the natural world and our people can be respected within economic and corporate development, and I'm exceptionally proud of the work we've done through the NA RAP. I encourage the organization to remember that the strength of this journey will be found in consistency, humility and a willingness to listen, learn and walk alongside indigenous communities."

About Teck Resources Ltd.

Teck is a leading Canadian resource company focused on responsibly providing metals essential to economic development and the energy transition. Teck has a portfolio of world-class copper and zinc operations across North and South America and an industry-leading copper growth pipeline. It is focused on creating value by advancing responsible growth and ensuring resilience built on a foundation of stakeholder trust. Headquartered in Vancouver, Canada, Teck has shares listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and on the New York Stock Exchange under the symbol TECK.

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