Annual Information Form February 25, 2019 2018 Annual Information Form Table of Contents Nomenclature ................................................................................................................................................ 1 Cautionary Statement on Forward-Looking Information ............................................................................... 1 Glossary of Technical Terms ........................................................................................................................ 7 Corporate Structure ....................................................................................................................................... 9 Name, Address and Incorporation ........................................................................................................... 9 Intercorporate Relationships .................................................................................................................. 10 General Development of the Business ....................................................................................................... 12 Three-Year History ................................................................................................................................. 12 2016 .................................................................................................................................................. 12 2017 .................................................................................................................................................. 12 2018 .................................................................................................................................................. 14 Description of the Business......................................................................................................................... 16 General .................................................................................................................................................. 16 Product Summary .................................................................................................................................. 17 Steelmaking Coal .............................................................................................................................. 1 7 Copper .............................................................................................................................................. 18 Zinc ................................................................................................................................................... 19 Energy............................................................................................................................................... 20 Individual Operations ............................................................................................................................. 21 Steelmaking Coal .............................................................................................................................. 2 1 Copper .............................................................................................................................................. 30 Zinc ................................................................................................................................................... 45 Energy............................................................................................................................................... 50 Exploration ............................................................................................................................................. 53 Corporate ............................................................................................................................................... 53 Mineral Reserves and Resources .......................................................................................................... 54 Definitions for Mineral Reserves and Mineral Resources ................................................................ 61 Comments on Individual Operations ................................................................................................ 63 Risks and Uncertainties .................................................................................................................... 67 Qualified Persons ............................................................................................................................. 68 Oil and Gas Reserves ............................................................................................................................ 68 Health and Safety and Environmental Protection .................................................................................. 77 Social and Environmental Policies ......................................................................................................... 80 Human Resources ................................................................................................................................. 81 Technology ............................................................................................................................................ 81 Foreign Operations ................................................................................................................................ 82 Competitive Conditions .......................................................................................................................... 82 Risk Factors ................................................................................................................................................ 83 Dividends................................................................................................................................................... 101 Description of Capital Structure ................................................................................................................ 101 General Description of Capital Structure ............................................................................................. 101 Teck Resources Limited Page i 2018 Annual Information Form Ratings ................................................................................................................................................. 106 Market for Securities ................................................................................................................................. 108 Trading Price and Volume ................................................................................................................... 108 Directors and Officers ............................................................................................................................... 109 Directors ............................................................................................................................................... 109 Officers ................................................................................................................................................. 110 Audit Committee Information ............................................................................................................... 113 Composition of the Audit Committee .............................................................................................. 113 Pre-Approval Policies and Procedures ........................................................................................... 114 Auditor’s Fees ................................................................................................................................. 114 Ownership by Directors and Officers and Interests in Material Transactions ...................................... 115 Legal Proceedings and Regulatory Actions .............................................................................................. 115 Transfer Agents and Registrars ................................................................................................................ 118 Material Contracts ..................................................................................................................................... 118 Interests of Experts ................................................................................................................................... 118 Disclosure Pursuant to the Requirements of the New York Stock Exchange .......................................... 119 Non-GAAP Measures ................................................................................................................................ 119 Additional Information ............................................................................................................................... 120 Schedule A – Audit Committee Charter .................................................................................................... A-1 Schedule B – Report of Management and Directors on Reserves Data and Other Information .............. B-1 Schedule C – Report on Reserves Data by Independent Qualified Reserves Evaluator or Auditor ........ C-1 Schedule D – List of Technical Reports .................................................................................................... D-1 Teck Resources Limited Page ii 2018 Annual Information Form Nomenclature In this Annual Information Form, unless the context otherwise dictates, “we”, “Teck” or the “Company” refers to Teck Resources