Southern Copper — Oct 21, 2024 release

​ ● In 9M24, we spent $792.0 million on capital investments , which represents 30.7% of net income and reflects a 5.2% uptick in capital expenses YoY. ​ ● Dividends: On October 17, 2024, the Board of Directors authorized a quarterly cash dividend of $0.70 per share of common stock and a stock dividend of 0.0062 shares of common stock per share of common stock, payable on November 21, 2024, to shareholders of record at the close of business on November 6, 2024. ​ 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 $112.43, which is the average of the high and low share price on October 17, 2024. ​ 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: “ We are encouraged by our third quarter results, which report a 45% increase in net earnings compared to 3Q23. This positive result was driven by 12% growth in copper production as well as impressive variances in production levels for zinc and silver, which were up +91% and +22.5%, respective