________________________________________________________________________________________

12 May 2025

Conversion Rate for Proposed 2024 Final Dividend

Further to the preliminary announcement of annual results released on 12 March 2025, the Directors of Hochschild Mining PLC (the "Company") have determined that the exchange rate to be applied to the proposed 2024 final dividend is US$1:£0.7496.

Accordingly, the sterling equivalent of the proposed 2024 final dividend is 1.457 pence per Ordinary Share which will be paid on 18 June 2025 subject to shareholder approval at the Company's Annual General Meeting to be held on 12 June 2025.

________________________________________________________________________________________

Enquiries:

Hochschild Mining PLC

Raj Bhasin                                                                +44 (0)7825 533495

Company Secretary

Hudson Sandler

Charlie Jack                                                             +44 (0)20 7796 4133

Public Relations

________________________________________________________________________________________

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 operates two underground epithermal vein mines: Inmaculada, located in southern Peru; and San Jose in southern Argentina, and an open pit gold mine, Mara Rosa, located in the state of Goiás, Brazil.  Hochschild also has numerous long-term projects throughout the Americas.

LEI: 549300JK10TVQ3CCJQ89

________________________________________________________________________________________

- ends -