Compañía de Minas Buenaventura Investor Presentation — January 2023

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4Q22Earnings Results

Conference CallCautionary Statement .-This presentation contains certain information that may constitute forward -looking information under applicable U.S.securities legislation, including butnot

limited toinformation about costs applicable tosales, general and administrative expenses ;production volumes ;current expectations onthe timing, extent and success of

exploration ;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, butarenotlimited 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 theSecurities

andExchange Commission intheU.S.andavailable atwww .sec.gov.Readers areurged toread these materials .Buenaventura assumes noobligation toupdate anyforward -looking

information ortoupdate thereasons why actual results could differ from such information unless required bylaw.

1.4Q22 EBITDA from direct operations was US$ 76.9 million , compared to US$ 59.7 million reported in 4Q21. FY22 EBITDA from direct

operations reached US$ 473.1 million ; a significant increase as compared to US$ 204.4 million for the FY21, and includes US$ 300 million

resulting from the sale of Buenaventura’s stake in Yanacocha .

2.4Q22 net income reached US$ 68.7 million, compared to a US$ 222.3 million net loss for the same period in 2021. The 4Q21 result

includes a net loss of US$ 301 million from discontinued operations, mainly due to the reclassification of Buenaventura's int erest in

Yanacocha . FY22 net income was US$ 602.9 million , compared to a US$ 262.8 million net loss for the FY21

3.4Q22 exploration at operating units increased to US$ 27.2 million , compared to US$ 15.5 million in 4Q21. This increase was aligned with

the Company’s revised strategy to increase its focus on exploration in order to extend LOM. FY22 exploration at operating units increased

to US$ 80.8 million , from US$ 56.4 million in FY21.

4.Buenaventura’s cash position reached US$ 253.9 million as of December 31, 2022. Net Debt decreased to US$ 484.6 million with an