Coronavirus Update

Internal Employee News Publication

To: All Freeport-McMoRan Employees
Subject: Coronavirus Update
From: Richard C. Adkerson, Vice Chairman, President and Chief Executive Officer
Date: March 23, 2020

As the coronavirus situation rapidly evolves, so does its effect on our daily lives. The past few weeks have brought swift and significant changes, which we all are navigating together. Thank you for your flexibility and support during this unprecedented time.

Our first priority is the health and well-being of our employees, their families and our communities. I am very proud of our company's response to these circumstances and the unwavering commitment throughout the organization to protect our people and follow the established guidelines to mitigate the spread of the virus.

We have established a dedicated task force to closely monitor developments and assist in our business continuity planning and are committed to providing you the latest information as quickly as possible based on guidance from our company medical director and the U.S. Centers for Disease Control and Prevention and World Health Organization. Please visit FM Web for general information regarding COVID-19, as well as company updates and preventive measures to mitigate the spread of the virus.

As we work to respond quickly to this difficult and fluid situation, it is important to remain vigilant and maintain our focus on safety. Processes are in place to protect you and your coworkers, so please continue to follow the guidelines.

Our company has overcome major challenges in the past, and I am confident we will be successful as we face these current challenges. It is more important than ever to work together for the benefit of our families, communities and all stakeholders.