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24 June 2022

Result of Court Hearing

Hochschild Mining PLC (the "Company") announces that at a hearing held on 21 June 2022, the Companies Court (Ch D) of the Business and Property Courts of the High Courts of Justice of England and Wales approved the cancellation of the Company's bonus shares and the reduction of the share premium account of the Company to USD$0 (nil) and the reduction of capital of the Company (the "Company Reductions"), details of which were contained in the Notice of Extraordinary General Meeting to shareholders dated 20 April 2022.

The Company Reductions are effective as of 24 June 2022.

Following the Company Reductions, the Company's issued share capital is 513,875,563 Ordinary Shares of 1p each.

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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) and crosstrades on the OTCQX Best Market in the U.S. (HCHDF), 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