News Summary

• Hudbay repaid the outstanding aggregate principal amount of $472.5 million of 2026 Notes on maturity on April 1, 2026 using a combination of available cash on hand and a $272 million draw on its low-cost revolving credit facilities.
• The repayment is consistent with Hudbay’s prudent balance sheet management and focus on cost of capital and provides the Company with improved financial flexibility.
• Hudbay (TSX, NYSE: HBM) is a copper-focused critical minerals mining company with three long-life operations and a world-class pipeline of copper growth projects.