Notice of Dividend Currency Exchange Rates – Final Dividend

On 27 August 2024, the Board of BHP determined to pay a final dividend of 74 US cents per share for the full year ended 30 June 2024. Currency conversions are based on foreign currency exchange rates on a single day or an average for a period of days ending on or before the Record Date, being 13 September 2024.

For the 2024 final dividend: 

1. the AUD Australian dollar currency conversion will be based on the average rate over a four day period commencing on 10 September 2024 and ending on 13 September 2024; 
2. the GBP pound sterling currency conversion will be based on the rate on 13 September 2024; 
3. the NZD New Zealand dollar currency conversion will be based on the rate on 13 September 2024; and
4. the ZAR South African rand currency conversion will be based on the rate on 30 August 2024¹.

The following table sets out the currency exchange rates applicable for the dividend:

Shareholders on the Australian, UK and South African share registers who are receiving dividends in AUD, GBP and ZAR respectively will have their dividend amounts converted directly from USD at the relevant exchange rate stated above.

Shareholders on the Australian register may elect to receive their dividend in NZD, GBP or USD. Shareholders who have elected to receive their dividends in a currency other than AUD will have their dividend amounts converted using the AUD/USD conversion rate (above), before being converted into the currency of payment at the below rates²:
NZD/AUD: 0.922338
GBP/AUD: 1.961825

For example, a shareholder on the Australian share register who elects to receive their dividend in NZD will first have their dividend amount converted from USD to AUD, and then from AUD to NZD. The NZD/USD exchange rate and NZD equivalent amount per share stated in the table above are for illustrative purposes only and may differ from the actual rate and amount applied.

Shareholders on the South African register will only receive dividends in ZAR.

The dividend will be paid on Thursday, 3 October 2024.

1 On 3 September 2024, BHP announced the currency exchange rate applicable to the dividend payable in South African cents.
2 For the secondary conversion, the NZD/AUD and GBP/AUD currency conversions will be based on the rates on 13 September 2024.