Samarco filing of judicial reorganisation BHP Group Plc Registration number 3196209 Registered in England and Wales Share code: BHP ISIN: GB00BH0P3Z91 NEWS RELEASE Release Time IMMEDIATE Date 9 April 2021 Release Number 04/21 Samarco filing of judicial reorganisation On 9 April 2021, Samarco Mineração S.A. (Samarco) announced that it filed for judicial reorganisation (JR) with the Commercial Courts of Belo Horizonte, State of Minas Gerais, Brazil. Samarco’s JR filing is a last-resort response to multiple legal actions filed by certain Samarco financial creditors in the U.S. and Brazil which have resulted in freezing orders against Samarco’s accounts and which threaten Samarco’s operations. It was filed after unsuccessful attempts by Samarco to negotiate a debt restructure with these creditors. Samarco’s shareholders, BHP Billiton Brasil Ltda (BHP Brasil) and Vale S.A (Vale), support Samarco’s JR filing in this context. The JR is a means for Samarco to restructure its financial debts in order to establish a sustainable independent financial position in order for Samarco to continue to rebuild its operations safely and meet its Renova Foundation (Renova) obligations. Samarco’s restarted operations provide jobs, local economic activity and community support as well as continuing the remediation and compensation programs underway through the legally approved programs. Samarco’s operations will continue through the JR and restructure process. The JR does not affect Samarco’s obligation or commitment to make full redress for the 2015 Fundão dam failure, and it does not impact Renova’s ability to undertake that remediation and compensation. The extensive work undertaken by Renova will continue. Renova has spent approximately R$12.2 billion (approximately US$3 billion (1)) on its remediation and compensation programs. Compensation and financial assistance of approximately R$3.5 billion (approximately US$870 million) has been paid to support approximately 320,000 people affected by the Fundão dam failure. In addition, more than 10,000 claims have been settled over the seven months to March 2021 under the court- mandated “Novel payment” system designed to ensure compensation for claimants who had struggled to prove their damages in the most informal sectors of the economy across 23 territories. Samarco, BHP Brasil and Vale expect to continue negotiations in the coming months with the Brazilian authorities on the programs undertaken by Renova to progress settlement of the R$155 billion public civil claim commenced by the Federal Prosecutors Office against BHP Brasil, Vale and Samarco. BHP Brasil and Vale S.A. each hold a 50 per cent interest in Samarco. Further information on the JR can be found at samarco.com. (1) USD amount is calculated based on actual transactional (historical) exchange rates related to Renova funding. Sponsor: UBS South Africa (Pty) Limited Authorised for lodgement by: Stefanie Wilkinson Group Company Secretary Media Relations Investor Relations Email: media.relations@bhp.com Email: investor.relations@bhp.com Australia and Asia Australia and Asia Gabrielle Notley Tara Dines Tel: +61 3 9609 3830 Mobile: +61 411 071 715 Tel: +61 3 9609 2222 Mobile: + 61 499 249 005 Europe, Middle East and Africa Europe, Middle East and Africa Neil Burrows James Bell Tel: +44 20 7802 7484 Mobile: +44 7786 661 683 Tel: +44 20 7802 7144 Mobile: +44 7961 636 432 Americas Americas Judy Dane Brian Massey Tel: +1 713 961 8283 Mobile: +1 713 299 5342 Tel: +1 713 296 7919 Mobile: +1 832 870 7677 BHP Group Limited ABN 49 004 028 077 BHP Group plc Registration number 3196209 LEI WZE1WSENV6JSZFK0JC28 LEI 549300C116EOWV835768 Registered in Australia Registered in England and Wales Registered Office: Level 18, 171 Collins Street Registered Office: Nova South, 160 Victoria Street Melbourne Victoria 3000 Australia London SW1E 5LB United Kingdom Tel +61 1300 55 4757 Fax +61 3 9609 3015 Tel +44 20 7802 4000 Fax +44 20 7802 4111 Members of the BHP Group which is headquartered in Australia Follow us on social media Date: 12-04-2021 07:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.