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About Hudbay

Hudbay

Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects in tier-one mining-friendly jurisdictions of Canada, Peru and the United States.

Hudbay’s operating portfolio includes the Constancia mine in Cusco (Peru), the Snow Lake operations in Manitoba (Canada) and the Copper Mountain mine in British Columbia (Canada). Copper is the primary metal produced by the company, which is complemented by meaningful gold production and by-product zinc, silver and molybdenum. Hudbay’s growth pipeline includes the Copper World project in Arizona (United States), the Mason project in Nevada (United States), the Llaguen project in La Libertad (Peru) and several expansion and exploration opportunities near its existing operations.

The value Hudbay creates and the impact it has is embodied in its purpose statement: “We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities.” Hudbay’s mission is to create sustainable value and strong returns by leveraging its core strengths in community relations, focused exploration, mine development and efficient operations.

Hudbay’s history in Canada

With nearly a century of history, Hudbay proudly stands as the fourth-largest copper producer and fifth-largest gold producer in Canada, with operations in British Columbia and Manitoba.

Our Canadian roots date back to 1927 with the development of our first mine in Flin Flon, Manitoba. Since then, we have developed and operated 29 mines in Manitoba and expanded our legacy with the acquisition of the Copper Mountain mine in British Columbia in June 2023.

Purpose Statement

Hudbay’s Environmental Management System (EMS) embodies our commitment to responsible mining, processing, and environmental stewardship. Key policies include:

We invest in our employees, their families and local communities through long-term employment, local procurement and economic development to improve their quality of life and ensure the communities benefit from our presence.

From exploration to closure, we operate safely and responsibly, we welcome innovation, and we strive to minimize our environmental footprint while following leading operating practices in all facets of mining.

We produce copper and other metals needed for everyday products and essential for applications to support the energy transition toward a more sustainable future.

Values

Our values reflect how we want our people to relate to each other, to the residents of our host communities and to all our stakeholders. Living our values requires a focus on people, compassion and empathy – the ability to put oneself in another’s shoes. As our business grows, it is important to give voice to our values. They underpin everything that we do. These are our values:

We treat our stakeholders and each other in ways that bring out the very best in each of us.

We sustain and contribute to the well-being of people and the environment in which we operate.

We speak freely and listen with care about opportunities, issues and concerns.

We can count on each other to do the right thing and we follow through on our commitments.

Sustainability

Hudbay is committed to protecting shared resources and creating long-term value through responsible mining.

Our values shape how we meet stakeholder expectations, build strong relationships, and manage the social, environmental, and economic impacts of mining. We apply environmental best practices to reduce our footprint and support sustainable development.