VANCOUVER, British Columbia — December 9, 2025 — Leads & Copy — Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) (“Teck”) shareholders have approved the “merger of equals” with Anglo American plc. At a Special Meeting of Shareholders held Tuesday, December 9, 2025, shareholders voted to approve the special resolution approving the plan of arrangement under the Canadian Business Corporations Act.
99.7% of the votes cast by Class A common shareholders at the Meeting were in favour of the Arrangement Resolution, and 89.7% of votes cast by Class B subordinate voting shareholders were in favour.
According to Jonathan Price, President and CEO of Teck, the vote “marks an important milestone in creating Anglo Teck—a global leader in critical minerals headquartered in Canada.”
Price added that Anglo Teck will be positioned to deliver long-term value through a copper growth portfolio, operational and functional synergies, and a stronger platform to meet growing demand for critical minerals essential to global economic growth and the energy transition.
Anglo American shareholders overwhelmingly approved (i) the allotment and issue of new ordinary shares of Anglo American to Teck shareholders in connection with the Merger; and (ii) the change of the name of Anglo American to “Anglo Teck plc” with effect from the completion of the Merger, the company said.
The Merger remains subject to customary closing conditions, including approval under the Investment Canada Act, applicable competition and regulatory approvals in various jurisdictions globally, and final approval by the Supreme Court of British Columbia.
A total of 6,329,767 Class A common shares, representing 83.3% of the votes attached to all outstanding Class A common shares, and 380,842,347 Class B subordinate voting shares, representing 79.4% of the votes attached to all outstanding shares, were voted at the Meeting.
Teck will provide registered Teck shareholders with a letter of transmittal and election form (the “Letter of Transmittal and Election Form”) prior to the deadline for eligible Canadian Teck shareholders to elect to receive the exchangeable share consideration under the Merger. The Letter of Transmittal and Election Form will explain how to exchange Teck shares for the consideration under the Merger and, for eligible Canadian Teck shareholders, how to elect to receive the exchangeable share consideration under the Merger. The company will issue a news release announcing once the Letter of Transmittal and Election Form has been made available and providing details on the relevant exchange and election procedures.
Detailed voting results for the Meeting will be available under Teck’s profiles on SEDAR+ (www.sedarplus.ca) and EDGAR (www.sec.gov).
Emma Chapman
Vice President, Investor Relations
+44.207.509.6576
emma.chapman@teck.com
Dale Steeves
Director, External Communications
236.987.7405
dale.steeves@teck.com
Source: Teck Resources Limited
