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10 May 2022

Conversion Rate for Proposed 2021 Final Dividend

Further to the preliminary announcement of annual results released on 23 February 2022, the Directors of Hochschild Mining PLC have determined that the exchange rate to be applied to the proposed 2021 final dividend is US$1:£0.8035.

Accordingly, the sterling equivalent of the proposed 2021 final dividend is 1.876 pence per Ordinary Share which will be paid, subject to shareholder approval, on 7 June 2022.

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Enquiries:

Hochschild Mining PLC

Raj Bhasin                                                                 +44 (0)7825 533495

Company Secretary

Hudson Sandler

Charlie Jack                                                              +44 (0)20 7796 4133

Public Relations

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About Hochschild Mining PLC

Hochschild Mining PLC is a leading precious metals company listed on the London Stock Exchange (HOCM.L / HOC LN) with a primary focus on the exploration, mining, processing and sale of silver and gold. Hochschild has over fifty years' experience in the mining of precious metal epithermal vein deposits and currently operates three underground epithermal vein mines, two located in southern Peru and one in southern Argentina. Hochschild also owns the Mara Rosa Advanced Project in Brazil as well as numerous long-term projects throughout the Americas.

LEI: 549300JK10TVQ3CCJQ89