Annual Information Form February 26, 2018 2017 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 2015 .................................................................................................................................................. 12 2016 .................................................................................................................................................. 12 2017 .................................................................................................................................................. 13 Description of the Business......................................................................................................................... 15 General .................................................................................................................................................. 15 Product Summary .................................................................................................................................. 16 Steelmaking Coal .............................................................................................................................. 16 Copper .............................................................................................................................................. 17 Zinc ................................................................................................................................................... 18 Energy............................................................................................................................................... 18 Individual Operations ............................................................................................................................. 20 Steelmaking Coal .............................................................................................................................. 20 Copper .............................................................................................................................................. 27 Zinc ................................................................................................................................................... 40 Energy............................................................................................................................................... 46 Exploration ............................................................................................................................................. 49 Corporate ............................................................................................................................................... 49 Mineral Reserves and Resources .......................................................................................................... 50 Oil and Gas Reserves ............................................................................................................................ 62 Health and Safety and Environmental Protection .................................................................................. 69 Social and Environmental Policies ......................................................................................................... 72 Human Resources ................................................................................................................................. 73 Technology ............................................................................................................................................ 74 Foreign Operations ................................................................................................................................ 74 Competitive Conditions .......................................................................................................................... 75 Risk Factors ................................................................................................................................................ 76 Dividends..................................................................................................................................................... 92 Description of Capital Structure .................................................................................................................. 93 General Description of Capital Structure ............................................................................................... 93 Ratings ................................................................................................................................................... 98 Market for Securities ................................................................................................................................. 100 Trading Price and Volume ................................................................................................................... 100 Teck Resources Limited Page i 2017 Annual Information Form Directors and Officers ............................................................................................................................... 101 Directors ............................................................................................................................................... 101 Officers ................................................................................................................................................. 103 Audit Committee Information ............................................................................................................... 105 Composition of the Audit Committee .............................................................................................. 105 Pre-Approval Policies and Procedures ........................................................................................... 106 Auditor’s Fees ................................................................................................................................. 107 Ownership by Directors and Officers ................................................................................................... 107 Legal Proceedings .................................................................................................................................... 108 Transfer Agents and Registrars ................................................................................................................ 110 Material Contracts ..................................................................................................................................... 110 Interests of Experts ................................................................................................................................... 110 Disclosure Pursuant to the Requirements of the New York Stock Exchange .......................................... 111 Additional Information ............................................................................................................................... 111 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 2017 Annual Information Form Nomenclature In this Annual Information Form, unless the context otherwise dictates, “we”, “Teck” or the “Company” refers to Teck Resources Limited and its subsidiaries. Cautionary Statement on Forward-Looking Information This Annual Information Form contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as “forward-looking statements”). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “predict”, “potential”, “should”, “believe” and similar expressions is intended to identify forward-