2018 Guide to Effective Proxies

2.17.1 CD&A table of contents | 243 6 TH EDITION | GUIDE TO EFFECTIVE PROXIES EXECUTIVE OFFICER COMPENSATION Compensation Discussion and Analysis This Compensation Discussion and Analysis, or CD&A, describes and analyzes our executive compensation philosophy and program in the context of the compensation paid during the last fiscal year to our chief executive officer, our chief financial officer, and each of our two other executive officers during 2017 (collectively referred to as our named executive officers or NEOs). Our named executive officers for 2017 are: Name Title Richard C. Adkerson Vice Chairman, President and Chief Executive Officer Kathleen L. Quirk Executive Vice President, Chief Financial Officer and Treasurer Michael J. Arnold Executive Vice President and Chief Administrative Officer Harry M. Conger, IV President and Chief Operating Officer – Americas This CD&A is organized into five sections: • Executive Summary (page 24) • Executive Compensation Philosophy (page 30) • Overview of Principal Components of Executive Compensation (page 31) • Post-Termination Compensation (page 37) • Compensation Processes and Policies (page 39) Freeport-McMoRan ⎪ 2018 Proxy Statement 23 FREEPORT-MCMORAN, INC.