Fresnillo plc announces that Ms Bárbara Garza Lagüera, who has served on the Board for more than 10 years, has advised the Board of Directors of the Company (the "Board") that she intends to stand down from the Board at the 2024 Annual General Meeting of the Company, which will be held on Tuesday21 May 2024. The Company also announces that the Board has been informed by Mr. Juan Bordes, that he intends to stand down from the Board with effect from the AGM due to his time commitments and his business responsibilities within the BAL Group, which will no longer allow him to devote essential time to the Board. Mr. Bordes will continue to act as an adviser to the Chairman and to the Board.

The Board has, therefore, invited Mr. Charlie Jacobs to continue on the Board as a Non-Independent Non-Executive Director. As previously announced, Charlie Jacobs will be stepping down as Senior Independent Director with effect from the 2024 AGM. The Company announced that Mr. Jacobs has accepted the Board's invitation, and he will be proposed for re-election as a Non-independent Non-executive Director at the AGM, even though the Board continues to consider him to be independent in character and judgement.