Hochschild Mining : 2023 BMO Global Metals And Mining Conference Presentation

BMO Global Metals & Mining Conference

26 Feb - 1 Mar 2023

DISCLAIMER

Some statements contained in this presentation or in documents referred to in it are or may be forward-looking statements. Any forward-looking information contained in this presentation has been prepared on the basis of a number of assumptions which may prove to be incorrect. Accordingly, actual results may vary or differ from those expressed in such statements, depending on a variety of factors. Forward-looking statements speak only as of the date on which they are made. Hochschild Mining plc undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

Past performance of the Company or its shares cannot be relied on as a guide to future performance. Nothing in this presentation is to be construed as a profit forecast.

This presentation has been prepared solely for informational purposes and does not constitute, or form part of or contain any invitation or offer to any person to underwrite, subscribe for, otherwise acquire, or dispose of any securities issued by Hochschild Mining plc (or any subsidiary thereof) or advise persons to do so in any jurisdiction, nor shall it, or any part of it, form the basis of or be relied on in any connection with or act as an inducement to enter into any contract or commitment therefore. The information herein is only a summary, does not purport to be complete and has not been independently verified. No representation or warranty, either express or implied, is made as to, and no reliance may be placed for any purpose whatsoever on the information or opinions contained in this document or on its accuracy or completeness and no liability whatsoever is accepted for any loss howsoever arising from any use of this document or its contents otherwise in connection therewith.

This presentation has been prepared in compliance with English law and English courts will have exclusive jurisdiction over any disputes arising from or connected with this presentation.

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HOCHSCHILD AT A GLANCE

A GROWING PRECIOUS METALS PRODUCER

IN THE AMERICAS

• 100+ years of experience
• 3 producing mines in Peru and Argentina
• Advanced project in construction in Brazil
• Long-termprojects in the Americas

	2022 production		2022e AISC		2022 metal split
	358,826 GEO*		$1,330-1,370/GEO*		57%	43%

SNIP

Canada

US

Mexico

Peru		Brazil
Lima (HQ)
INMACULADA		MARA ROSA
PALLANCATA

VOLCAN

Argentina

Chile

SAN JOSE

Operations Projects

3

*Gold equivalent ounces

STRONG ESG PERFORMANCE IN 2022

Safety

Environment

People & Culture

Communities

• LTIFR remains close to historical low: 1.37
• Accident Severity Index: 93
• Successfully continued implementation of 'Safety 2.0' programme
• "SEGU" score launched
• Weekly safety & leadership training at all sites

•	ECO Score: 5.27 (out of 6.0)	•	Promoting diversity through	•	$6.4m in 2022 to benefit local
•	Participating in CDP: B rating	•	local programmes	•	communities
•	Reporting in line with TCFD	35% workforce from local	$87m on local procurement in
•	Developing carbon strategy		communities		2022
•	55% workforce represented	•	Connectivity, education,
	to be net-zero
•	Environment Culture		by trade union		scholarships & health &
			programmes
	Transformation Plan ongoing
			•	Commenced training on
					Human Rights Policy

Significant strides being achieved	4

LONG-TERM GROWTH STRATEGY

CREATING LONG-TERM SUSTAINABLE VALUE BY FOCUSING ON CORE STRATEGIC DRIVERS

Target

2

1	MARA ROSA	4
FLAGSHIP	CONSTRUCTION	SNIP
INMACULADA MINE	3	DEVELOPMENT
	ROYROPATA
	PROJECT
Brownfield	Development	JVs & Strategic
projects	alliances

Accelerating low-cost growth	5