Southern Copper — Apr 24, 2025 release

● 1Q25, we spent $317.8 million on capital investments, up 48.6% compared to 1Q24 and 35.1% versus the figure in 4Q24. Capital expenditure represented 34% of net income this quarter. ● Dividends: On April 10, 2025, the Board of Directors authorized a quarterly cash dividend of $0.70 per share of common stock and a stock dividend of 0.0099 shares of common stock per share of common stock, payable on May 19, 2025, to shareholders of record at the close of business on May 2, 2025. In lieu of fractional shares, cash will be distributed to each shareholder who would otherwise have been entitled to receive a fractional share, based on a share price of $81.13, which is the average of the high and low share price on April 10, 2025. Shareholders will not be required to take any action to receive the stock dividend. After the payment date, shareholders' book entry accounts will be credited with the additional shares that represent the stock dividend. When shares are held in a brokerage account in the name of a broker, the additional shares will be distributed to the broker on the shareholder's behalf. The stock dividend is administered by Computershare, the Company's transfer agent. Mr. German Larrea, Chairman of the Board, commenting on the Company ´ s progress and current circumstances, said: "This quarter, SCC ’ s net earnings totaled $946 million, which represented a 29% jump in net earnings compared to 1Q24. This positive result was driven by higher sales and lower unit costs. Sales increa