Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Mr. George R. Nethercutt, Jr., a member of our Board of Directors ("Board"), reached the mandatory retirement age under the Hecla Mining Company's Bylaws and Corporate Governance Guidelines and was not eligible to stand for re-election at the Annual Meeting of Shareholders of Hecla Mining Company ("our," "we," or "Hecla"). As a result, effective as of the conclusion of our Annual Meeting of Shareholders held on May 19, 2021 ("Annual Meeting"), Mr. Nethercutt is no longer a director of Hecla. At the time of his retirement, Mr. Nethercutt also served as a member and of the Board's Compensation Committee, Governance and Social Responsibility Committee, and the Health, Safety, Environmental and Technical Committee. Mr. Nethercutt had been a member of Hecla's Board since 2005.

On May 19, 2021, our Board decreased the size of the Board from nine members to eight members due to the retirement of Mr. Nethercutt at our Annual Meeting.

Item 5.07 - Submission of Matters to a Vote of Security Holders

At the Annual Meeting held on May 19, 2021, our shareholders were asked to consider and vote upon the following four proposals: (1) election of two nominees to our Board to hold office until the 2024 Annual Meeting of Shareholders or until their successors are duly elected and qualified; (2) ratification of the Audit Committee's appointment of BDO USA, LLP as our independent registered public accounting firm for the calendar year 2021; (3) approval, on an advisory basis, of the compensation of our named executive officers; and (4) approval of an amendment to our Hecla Mining Company Key Employee Deferred Compensation Plan.

On the record date of March 22, 2021, there were 535,333,953 shares of Hecla common stock issued and outstanding and entitled to vote at the Annual Meeting. The count of shares present at the meeting, in person or by proxy, was 380,049,011 or 71% of the outstanding shares of common stock of Hecla. For each proposal, the results of shareholder voting were as follows:

Proposal 1. Election of Two Director Nominees. The shareholders elected each of the director nominees proposed by our Board to serve until the 2024 Annual Meeting of Shareholders or until such nominee's successor is duly elected and qualified. The following is a breakdown of the voting results:



                          Votes        Votes                   Broker
                           For        Against     Abstain    Non-Votes
Stephen F. Ralbovsky   310,225,890   3,154,055   1,701,151   64,967,965
Catherine J. Boggs     304,785,173   9,170,359   1,125,514   64,967,965



                                       2

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Proposal 2. Ratification of the Appointment of BDO USA, LLP as the Company's Independent Registered Public Accounting Firm. Our shareholders ratified the appointment of BDO USA, LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2021. The following is a breakdown of the voting results:



   Votes        Votes
    For        Against     Abstain
370,415,873   7,877,205   1,755,933

There were no broker non-votes with respect to Proposal 2.

Proposal 3. Advisory Vote on Executive Compensation. Our shareholders approved the compensation of Hecla's named executive officers. The following is a breakdown of the voting results:



   Votes        Votes                    Broker
    For        Against     Abstain    Non-Votes
306,651,473   6,646,205   1,783,368   64,967,965

Proposal 4. Approval of Amendment to the Hecla Mining Company Key Employee Deferred Compensation Plan. Our shareholders approved the amendment to the plan. The following is a breakdown of the voting results:



   Votes        Votes                    Broker
    For        Against     Abstain    Non-Votes
308,426,485   5,243,602   1,410,959   64,967,965

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