Marc Carette

Head of Commercial Strategy and Business Analysis - establishment of Rio Tinto's Commercial Strategy (covering Sales & Marketing, Logistics and Procurement for all products globally) and directing the Business Analysis team responsible for securing the approval of major investments and deals by the Rio Tinto Investment Committee (analysis, valuation, business case, recommendation) in order to implement the Strategy. Key areas of focus include Scope 3 emissions (customer decarbonisation, marine decarbonisation, upstream decarbonisation) and differentiation of our portfolio to help customers achieve their ESG targets.

Head of Commercial Strategy across Rio Tinto product groups globally (Iron Ore, Aluminium, Copper, Diamonds, Battery minerals) covering sales & marketing, trading, logistics and procurement.

Directing Rio Tinto’s global Aluminium strategy covering the Bauxite, Alumina and Aluminium value chain (including mining, refining and smelting assets in Canada, Brazil, Australia, Guinea, New Zealand, Iceland, Oman, Sweden and the Netherlands). Strong focus on sustainability and carbon strategy for the future, leading the thinking around how Rio Tinto can become a pioneer in new spaces using clean energy resources (recycling, hydrogen, waste reduction, batteries, renewables...).

Managing a team responsible for driving Investment Committee files (>$100M) and all business analysis activities in Aluminium Joint Ventures (including Bauxite & Alumina), covering assets in Canada, Brazil, Guinea, Oman, Iceland, Sweden and the Netherlands • Evaluating investment opportunities proposed by the business (<$100M), challenging assumptions and logic, testing soundness of business plans, and issuing recommendations to the CEO • Driving Aluminium strategy work such as Capital intensity reduction, Security of supply and evaluation of potential M&A opportunities • Coordination of the Strategic planning process • Coordination of the Investor Relations process (preparation of storyboards, presentations, Q&A for analyst meetings)

• Developing the global aluminium strategic agenda, and pushing forward a portfolio of initiatives in collaboration with the business units

• Leading teams of 2-6 consultants in projects on strategic issues faced by senior management of major companies • Core focus on Industrial Goods and Mining, working mainly on major transformation projects, but also new market entry strategies, customer segmentations, pricing strategies, and developing core business policies • Key project experience in Mining: 2+ years advising the CEO/Head of Strategy of a major mining company o Developing downstream market integration strategies for Brazil, USA, Southeast Asia and Africa o Developing Route-to-Market strategies for 8 African countries for fertilizers, including the development of local partnerships, market-specific products, and innovative logistical solutions to support sales growth o Setting up local fertilizer blending capabilities in key markets to get closer to end consumers o Implementing a new bi-annual "Global Strategic Review" process/tool to set the 10-year CAPEX plan for mines and fertilizer production facilities based on global supply and demand analysis o Creating a "mining ecosystem" around production sites by attracting key suppliers to co-locate production o Facilitation of workshops on "Digital in Mining" • Other project experience: o Conducting a study of major investment themes impacting Pension Funds in the coming years – and developing mitigation strategies o Leading a transformation for a major aerospace player focusing on minimizing total cost of operations o Turnaround of an R&D institute to re-direct focus onto most commercially viable product development o Post-merger integration of two fuel retailers in Canada o Strategic plan to mitigate major market developments for a port operator o PMO for a North African ministry to implement a pipeline of initiatives to attract FDIs o Developing a national strategic plan for the cereal sector for a Ministry of Agriculture in North Africa

• Managing the collection, analysis and diffusion of business intelligence in 3 key markets in the MENA region • Directing teams of 4 to 6 analysts, guiding and validating economic analysis, leading to high-value business intelligence reports • Developing a deep understanding of the critical issues impacting companies operating in the region, notably via hundreds of interviews with CEOs, Ministers, and other high level executives • Managing government relations for OBG in local markets, ensuring constant communication with ministries to facilitate the company's activities in the country

• Managing a commercial portfolio of over 2000 industrial clients amounting to annual sales of $150M in 2008. • Coordinating the tendering process for large public sector clients such as Hydro Quebec • Proactively conducting cost and profitability analyses on a large number of new and existing accounts to review pricing, increasing annual earnings by $4M net of oil price fluctuations (from -$500K in ‘07 to +$3.5M in ‘08) • Overseeing distribution and logistics for a network of 8 agencies across the province responsible for fuel deliveries

• Managing the Inside Sales and Tenders business in Western Canada, interfacing with many internal departments such as credit, customer service, pricing and logistics to ensure optimal offers within company guidelines • Conducting analysis of account margin contributions and reviewing pricing accordingly, achieving significant hi-grading of the client portfolio

Boutique management consulting firm • Key project: Advising a leading Australian Aluminum Extractor on marketing strategy for consumer products • Created a business case and financial models (pro forma projections and DCF) for a new line of security doors • Developed an in-depth sensitivity analysis to optimize the allocation of the marketing budget • Designed a lead-tracking system to ensure that leads were used to their maximum potential, as well as more efficient measurement of ad campaign results (for decision-making in future years)

Managed a painting franchise achieving the highest revenues of any franchise in Ontario for the year ($110k in 3 months, President's award)