2015/2016 FOUNDATION SCHOLARSHIPS

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2015/2016 FOUNDATION SCHOLARSHIPS The Freeport-McMoRan Foundation is proud to fund scholarships through select universities across North America. Participating universities are listed below. If you are enrolled full-time in a bachelor s degree program at one of the listed institutions and meet the eligibility requirements as outlined in our scholarship application, we invite you to apply. Application Instructions: 1. Download a copy of the scholarship application. 2. Review the instructions on the scholarship application for eligibility and timeline. 3. Compile scholarship packet (completed scholarship application, questionnaire, essay, resume and unofficial transcript). 4. Submit scholarship packet directly to your institution s scholarship representative. Contact information for participating universities is listed below. Scholarship packets are due to the institution s scholarship representative by Friday, March 27, 2015. Students selected to receive a 2015/2016 Freeport-McMoRan scholarship will be notified by April 17, 2015. Scholarship Representatives: Arizona State University Chelsie Hancock, Student Success Center PO Box 2260 - Tempe, AZ 85280-2260 chelsie.hancock@asu.edu Colorado School of Mines Christie Sava, Colorado School of Mines Foundation, Inc. P.O. Box 4005 - Golden, CO 80401-0005 csava@mines.edu Eastern Arizona College David Udall, EAC Foundation 3697 West Church Street - Thatcher, AZ 85552 david.udall@eac.edu Michigan Technological University Marie A. Ryding, Financial Aid 1400 Townsend Drive - Houghton, MI 49931 maryding@mtu.edu Missouri University of Science and Technology Tina Alobadian, Dept of Mining Engineering 226 McNutt Hall - Rolla, MO 65409-0459 tinaa@mst.edu Montana Tech of The University of Montana Katelyn Dean, Montana Tech Foundation 1300 W. Park Street - Butte, MT 59701 kdean@mtech.edu New Mexico State University Monica Lopez, College of Engineering P.O. Box 30001, MSC 3449 - Las Cruces, NM 88003 monlopez@nmsu.edu New Mexico Institute of Mining and Technology Andrea Dyjak, Financial Aid 801 Leroy Place, Fidel Building - Socorro, NM 87801 adyjak@admin.nmt.edu Northern Arizona University Kelley A. Horn, College of Engineering P.O. Box 15600 - Flagstaff, AZ 86011 kelley.horn@nau.edu Pima Community College Cheryl House, Pima Community College Foundation 4905C E. Broadway Blvd. - Tucson, AZ 85709-1320 chouse@pima.edu South Dakota School of Mines and Technology Valerie Solano, Financial Aid 501 East Saint Joseph Street - Rapid City, SD 57701 valerie.solano@sdsmt.edu University of Arizona Sherri Raskin, Department of Mining Engineering 1235 E. James E. Rogers Way, Rm 229 - Tucson, AZ 85721 sherri@email.arizona.edu University of Nevada, Reno Elizabeth Ball, Mackay School of Earth Sciences & Eng 1664 N Virginia Street - Reno, NV 89557 epball3@unr.edu University of Texas El Paso Elizabeth Justice, Director, Office of Scholarships Academic Services Bldg, Room 202 - El Paso, TX 79968 ljustice@utep.edu University of Utah Pam Hofmann, Department of Mining Engineering 135 S. 1460 E. - Salt Lake City, UT 84112 pam.hofmann@utah.edu Virginia Polytechnic Institute and State University Dr. Greg Adel, Department of Mining Engineering 100 Holden Hall - Blacksburg, VA 24061 adel@vt.edu If you have any questions, please contact Brittany Watkins at brittany_watkins@fmi.com.

Freeport-McMoRan Inc. (FCX) is a leading international natural resources company with headquarters in Phoenix, Arizona. FCX operates large, long-lived, geographically diverse assets with significant proven and probable reserves of copper, gold, molybdenum, cobalt, oil and natural gas. FCX has a dynamic portfolio of operating, expansion and growth projects in the copper industry. FCX is also the world s largest producer of molybdenum and a significant gold, oil and natural gas producer. FCX s portfolio of minerals assets includes the Grasberg minerals district in Indonesia, one of the world s largest copper and gold deposits; significant mining operations in the Americas, including the large-scale Morenci minerals district in North America and the Cerro Verde operation in South America; and the Tenke Fungurume minerals district in the Democratic Republic of Congo. FCX s portfolio of oil and natural gas assets includes oil production facilities onshore and offshore California, significant oil production facilities and growth potential in the Deepwater Gulf of Mexico, large onshore natural gas resources in the Haynesville shale play in Louisiana and natural gas production from the Madden area in Wyoming. FCX is also an industry leader in the emerging Inboard Lower Tertiary/Cretaceous natural gas trend with sizeable potential, located offshore in the shallow waters of the Gulf of Mexico and onshore in South Louisiana. Our global workforce includes over 36,000 employees. FCX has a strong commitment to safety performance, environmental management and to the local communities where it operates. FCX is a founding member of the International Council on Mining and Metals (ICMM) and committed to implementation of the ICMM Sustainable Development Framework. Our stock trades on the New York Stock Exchange under the ticker symbol FCX. We offer summer internships and new graduate opportunities. Visit www.fmjobs.com. Fall 2015 / Spring 2016 Scholarship Application and Selection Process* Application Eligible students submit applications to institution representative Please do not submit applications to Freeport-McMoRan February 2 March 27, 2015 Selection Scholarship recipients selected by institution March 30 April 3, 2015 Institution provides scholarship recipients application packets to Freeport-McMoRan. Brittany Watkins, Staffing Supervisor College Recruiting 333 N. Central Avenue Phoenix, AZ 85004 brittany_watkins@fmi.com April 10, 2015 Notification Institution notifies student of scholarship award April 17, 2015 Fall 2015 Funding Institution reconfirms eligibility August 7, 2015 FCX processes and mails funds to institution August 21, 2015 Spring 2016 Funding Institution reconfirms eligibility January 4, 2016 FCX processes and mails funds to institution January 15, 2016 *See eligibility requirements on page 2 www.fcx.com Page 1 of 4 Revised 12/29/14

Scholarship Eligibility: All of the following criteria must be met to be eligible for the scholarship. Citizen of the United States, Indonesia, the Democratic Republic of Congo, Chile, Peru, Canada, Mexico or Australia. Minimum 2.7 overall GPA and in good standing Full-time undergraduate enrollment as a sophomore, junior or senior majoring in: Mining Engineering Metallurgical Engineering Geology Institutions without the majors reflected above, or without qualified students in those majors, may select students in the following majors: Engineering (chemical, mechanical, electrical, environmental or geological) Science (chemistry, environmental, health & safety or industrial hygiene) Attend one of the following institutions: Arizona State University Colorado School of Mines Eastern Arizona College Michigan Technological University Missouri University of Science & Technology Montana Tech of The University of Montana New Mexico Institute of Mining and Technology New Mexico State University Northern Arizona University Pima Community College South Dakota School of Mines & Technology University of Arizona University of Nevada, Reno University of Texas at El Paso University of Utah Virginia Polytechnic Institute and State University Submission of completed application, questionnaire, personal essay, unofficial transcript and resume to institution Note: Preference may be given to students entering their junior or senior year; as well as to students who have previously completed an FCX internship or who live in one of FCX s operating communities. Prior receipt of a scholarship does not guarantee a future scholarship and FCX reserves the right of final approval with respect to the selection of all scholarship recipients. Scholarship renewal is contingent upon academic progress, the discretion of the institution and FCX. FCX reserves the right to communicate directly with scholarship recipients regarding company news and available employment and internship opportunities. Freeport-McMoRan Inc. is committed to the principles of equal opportunity/affirmative action employment. Applications are considered without discriminating on the basis of race, color, religion, national origin, citizenship status, sex, age, disability, veteran status, genetic information or any other characteristic protected by federal, state or local law. It is expected that these principles will be followed by the applicable institutions in identifying, reviewing and selecting candidates for this scholarship program. www.fcx.com Page 2 of 4 Revised 12/29/14

SCHOLARSHIP APPLICATION Application Date Institution Name First Middle Last Preferred Name Current Street Address City State Zip ( ) ( ) Home Phone Cell Phone email address -FR -SO -JR -SR Student ID Number Classification as of Fall 2015 Expected Graduation Date (mo/year) Major Minor Overall GPA Parent/Guardian Name ( ) Phone Number I affirm by my signature that I have furnished all information requested in this application and that I meet the above student criteria. I understand that submitting any false information to the institution, including but not limited to, false transcripts, test scores or any information contained on this form or withholding information about my previous academic history, will make my scholarship application for the Freeport-McMoRan Foundation Scholarship, as well as any future scholarship applications, subject to denial. I also hereby authorize and give consent to Freeport-McMoRan to contact me about possible internships and/or job opportunities within the organization. Applicant s Signature Date Before Friday, March 27, 2015, submit the following documents to your institution s scholarship representative. A list of representatives for each institution can be found at: http://bit.ly/fcxscholarship Completed application Unofficial transcript Resume Questionnaire** Personal essay** **See page 4 www.fcx.com Page 3 of 4 Revised 12/29/14

QUESTIONNAIRE Have you participated in an internship or have you accepted an internship with FCX? -Yes -No If yes, when and at which site? Are you currently receiving other scholarships? -Yes -No If yes, explain. List academic clubs or professional organizations where you are a member and any elected or appointed leadership roles. List honors or awards with the year of receipt. Describe your community and/or volunteer involvement. PERSONAL ESSAY In 200 words or less on a separate sheet of paper, explain the process you used to determine your major and describe your career goals. Include why you have elected to apply for the Freeport-McMoRan Foundation Scholarship. Be sure to list your name, contact information, school and major in your essay. www.fcx.com Page 4 of 4 Revised 12/29/14