Volcan Compañía Minera

Santander - XXVI Latin American Conference

January2022

Disclaimer

Some statements contained in this presentation or in documents referring to this presentation may contain inaccuracies. No reliance for any purpose whatsoever may be placed on the information or opinions contained in this presentation or on the completeness of this presentation. Volcan Compañía Minera S.A.A. (the Company), its shareholders and its officers make no representation or warranty as to the accuracy or completeness of the information contained in this presentation. Any person who has access to this presentation must evaluate independently all information provided in it and shall not rely on it. Nothing in this presentation is to be construed as a profit forecast.

Some statements contained in this presentation or in documents referring to this presentation may include forward-looking statements. Actual results may differ from those expressed in such statements, depending on a variety of factors. Past performance of the Company or its shares cannot be relied on as a guide to future performance. Any forward-looking information contained in this presentation was prepared on the basis of a number of assumptions that may prove to be incorrect. Actual results may vary accordingly.

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2

Agenda

1

Overview

  1. Operations & Financial Results
  2. Growth Strategy

4 Energy and Chancay Port

3

Volcan overview

PASCO

JUNIN

Volcan is a Leading Producer of Zinc, Silver and Lead

Operations in most prospective polymetallic region of

Zinc Metal 2019 (000' MT)

Peru

Glencore

1,160

R&R as of December 2020*

724

HindustanZinc

Reserves: 28 m tonnes

Teck

635

333

Resources:618 m tonnes

Nexa

Miningassets

Boliden

291

261

7 mines

Zijin

259

Sumitomo

5 concentrate plants & 1 Leach plant

254

MMGLimited

354k hectaresof mining concessions

239

9

2

Volcan

~12 k employees and contractors

IndustriasPeñoles

188

Employees 3,547

Silver Metal 2019 (mm Oz)

Contractors 8,220

LIMA

  • Mining Revenue Composition:

Gold Copper

Lead

3%

11%

3%

47% Zinc

37%

Silver

  • Non-miningassets:
    • Hydro electrical (62 MW)
    • Chancay Port Project
    • Cement

Fresnillo 52

KGHM 43

Glencore 32

PanAmericanSilver 26

Newmont 25

Polymetal 22

Hindustan 20

SouthernCopper 20

Buenaventura 18

Codelco 18

Hochshild 17

Volcan

16

12

4

Mine

ProcessingPlat

Miningprojects

*IncludesCerrodePasco &Copperresources

4

HydroPlant

PortCompany

CorporateOffice

Mundo

Perú

Volcan Strategic Overwiew

Operations

Capital Structure

  • Keyminingunits=>growth:San Cristóbal-Carahuacra, Andaychagua, Animón
  • Keyprojects=>construction:Romina, start production by 2S24
  • Non-strategic=>ensureprofitabilityandclosestudies:Ticlio, Alpamarca, Islay
  • Specials=>evaluateliabilitiesandopportunities:Cerro de Pasco
    • Secure and expand LOM current operations
    • Continue advanced projects
    • Boost Brownfield exploration
    • Develop systematic Greenfield exploration

Profit and

Growth

Exploration

Optimization

Corporate Governance and HSEC => Sustainability

  • ESG good practices
  • Covid-19management
  • Implementation of Safework 2.0
  • Ensure environmental standards
  • Mine Closure management
  • Community support and development

5

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Disclaimer

Volcan Compañia Minera SAA published this content on 18 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 January 2022 21:41:49 UTC.