J P M O R G A N North America Equity Research 10 June 2026 Freeport-McMoRan Investor Meeting Takeaways bennett.moore@jpmchase.com We hosted Freeport's CEO, Kathleen Quirk, and CFO, Maree Robertson, for an J.P. Morgan Securities LLC investor meeting where discussions primarily focused on: 1) Grasberg's ramp since the mudslide last fall; 2) opportunities and gating factors for leaching; and 3) government policy/relations in both the US and Indonesia. Grasberg's ramp remains on track, with improvements "on the ...