Settlement of Samarco Australian Securities Class Action
BHP Group Limited
BHP Group Limited ABN 49 004 028 077
Registered in Australia
Registered Office: Level 18, 171 Collins Street Melbourne VIC 3000
Share code: BHG
ISIN: AU000000BHP4
Exchange release
9 September 2025
Settlement of Samarco Australian Securities Class Action
BHP has reached an agreement to settle the Australian Samarco shareholder class action. The
settlement is subject to approval by the Federal Court of Australia.
The Australian shareholder class action was brought on behalf of shareholders who acquired BHP
shares before the Fundão Dam failure. The class action was filed in the Federal Court of Australia in
2018 on behalf of persons who acquired shares in BHP Group Limited or BHP Group Plc (now BHP
Group (UK) Ltd) during the period 8 August 2012 to 9 November 2015 (the Applicants).
The Fundão Dam was owned and operated by Samarco Mineração S.A. (Samarco), a non-operated
joint venture between BHP Billiton Brasil Ltda (BHP Brasil) (a subsidiary of BHP Group Limited) and
Vale S.A.?Each of BHP Brasil and Vale holds 50 per cent of Samarco.
Under the terms of the settlement agreement, BHP has agreed to pay the Applicants AU$110 million,
inclusive of interests and costs, with no admission of liability. BHP expects to recover the majority of
the settlement amount from its insurers.
Authorised for release by Stefanie Wilkinson, Group General Counsel and Group Company Secretary
Sponsor: J.P. Morgan Equities South Africa Proprietary Limited
BHP Group Limited ABN 49 004 028 077
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Renata Fernandez
+56 9 8229 5357
BHP Group Limited
ABN 49 004 028 077
LEI WZE1WSENV6JSZFK0JC28
Registered in Australia
Level 18, 171 Collins Street
Melbourne
Victoria 3000 Australia
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BHP Group is headquartered in Australia
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BHP Group Limited ABN 49 004 028 077
Date: 09-09-2025 08:15:00
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