Hochschild Mining : Non-Ordinary Business Resolutions Passed at AGM

About this update from Hochschild Mining Plc

HOCHSCHILD MINING PLC ("THE COMPANY") HOCHSCHILD MINING PLC ("THE COMPANY") RESOLUTIONS OTHER THAN THOSE CONCERNING ORDINARY BUSINESS PASSED BY SHAREHOLDERS OF THE COMPANY AT THE ANNUAL GENERAL MEETING HELD ON 9 JUNE 2026 ORDINARY RESOLUTION 16 THAT, the waiver granted by the Panel on Takeovers and Mergers of the obligation that would otherwise arise on any member of the Pelham Concert Party, both individually and collectively, to make a general offer to the other shareholders of the Company pursuant to Rule 9 of the City Code on Takeovers and Mergers as a result of an increase in the percentage of Ordinary Shares held by them following market purchases of Ordinary Shares by the Company pursuant to the authority granted under Resolution 18, that could potentially increase the aggregate interest in Ordinary Shares carrying voting rights held by the members of the Pelham Concert Party from approximately 38.27 per cent. of the voting share capital of the Company up to a maximum of 42.53 per cent. of the Company's share capital, be and is hereby approved. SPECIAL RESOLUTIONS 18 THAT, the Company be and is hereby generally and unconditionally authorised for the purpose of Section 701 of the 2006 Act to make one or more market purchases (as defined in Section 693 of that Act) of Ordinary Shares of £0.01 each in the capital of the Company provided that: 18.1 the maximum aggregate number of Ordinary Shares authorised to be purchased is 51,445,843 (representing an amount equal to 10 per cent of the Company's issued ordinary share capital as at 1 April 2026); 18.2 the minimum price which may be paid for an Ordinary Share is £0.01 per Ordinary Share; 18.3 the maximum price which may be paid for an Ordinary Share is an amount equal to the higher of (i) an amount equal to 5 per cent above the average closing price of such Ordinary Shares for the five business days on the London Stock Exchange prior to the date of purchase; and (ii) the higher of the price of the last independent trade and the highest current bid as stipulated by the Regulatory Technical Standards as referred to in article 5(6) of the Market Abuse Regulation (as it forms part of UK law); and 18.4 this authority shall expire at the conclusion of the Annual General Meeting of the Company held in 2027 or, if earlier, 30 June 2027 (except in relation to the purchase of shares the contract for which was con...

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