Compañía de Minas Buenaventura Investor Presentation — April 2024

Document content

1Q24Earnings Results

Cautionary Statement

This presentation contains certain information that may constitute forward -looking information under applicable U.S.

securities legislation, including butnotlimited toinformation about costs applicable tosales, general and administrative

expenses ;production volumes ;current expectations onthetiming, extent and success ofexploration ;development and

metallurgical sampling activities, thetiming and success ofmining operations and theoptimization ofmine plans .This

forward -looking information entails various risks and uncertainties that arebased oncurrent expectations, and actual

results may differ materially from those contained within said information .These uncertainties and risks include, butarenot

limited to,thestrength oftheglobal economy, theprice ofcommodities ;operational, funding and liquidity risks ;thedegree

towhich mineral resource estimates arereflective ofactual mineral resources ;thedegree towhich factors which would

make amineral deposit commercially viable arepresent, and other risks and hazards associated with mining operations .

Risks and uncertainties about theCompany’s business aremore fully discussed intheBVN’s form 20-Ffiled with the

Securities and Exchange Commission intheU.S.and available atwww .sec.gov.Readers areurged toread these materials .

Buenaventura assumes noobligation toupdate any forward -looking information ortoupdate the reasons why actual

results could differ from such information unless required bylaw.Cerro Verde distributed dividends of

on April 26. (BVN ´s Equity).Consolidated Production(1)EBITDA Direct Operations

Note: (1) Consolidated figures includes 100% BVN, 100% La Zanja and 100% El Brocal .Strong 1Q24 Earnings : Improved performance at El Brocal and Yumpag

Final mining permit for

Yumpag was approved on March 18.1Q24 CAPEX in San Gabriel reached

1Q24 Operating Income

(vs. US$ 12.6M 1Q23)51.694.5

Cash Position: US$ 174M

1Q23 2Q23 3Q23 4Q23 1Q2415.412.2

= EBITDA MarginLeverage Ratio

3Efficiency in Action: Reducing costs through Operational Excellence

Uchuchacua & Yumpag:

1.5MOz -Ag additional

production during 1Q24

Aligned with 11ktpd ramp -up

plan in underground mine by

Preview truncated — download the full document for the complete content.