Investment Program to Significantly Increase Production slide image

Investment Program to Significantly Increase Production

12 COMPANY PRESENTATION Copper Reserves (Mt) Largest Copper Reserves of any Listed Company COPPER RESERVES AS REPORTED SCC HIGHLIGHTS Southern Copper 60.0 50.0 42.4 40.4 40.0 34.6 30.0 25.5 24.3 18.0 17.9 20.0 10.0 100 80 94 94 • . #1 mine life among copper producers #5 world's largest producer of mined copper Highly diversified geographical presence Four large-scale open-pit mines A strong pipeline of world class copper greenfield projects and several other opportunities MINE LIFE 68 Source: 10K 20F 10K Reserves Rep. Period: Dec 31, 2021 Jun 30, 2021 Dec 31, 2021 Dec 31, 2021 Annual Rep. Dec 31, 2021 Annual Rep. Dec 31, 2021 Annual Rep. Dec 31, 2021 Years of production 60 40 50 38 37 35 28 26 24 24 24 20 Cu price: $3.30 N/A $2.50 N/A N/A $3.00 N/A 0 SCC 2015 SCC 2019 SCC after Anglo First expansion American Quantum (2028) Freeport Rio Tinto Codelco BHP Glencore Billiton
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