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24 January 2025
Independent Non-Executive
Director Appointment & Changes in Board and Committee
Roles
Hochschild Mining
PLC (the
"Company") is pleased to announce the appointment of Andrew Wray as an independent
Non-Executive director with effect from the conclusion of the
Annual General Meeting ("AGM") to be held on 12 June
2025.
Andrew has significant experience in
the resource sector in senior corporate roles, both as an investor
and as an advisor. Andrew was President and CEO of NYSE and
TSX-listed Golden Star Resources from 2019 until its acquisition in
2022. Prior to this, he was Chief Executive Officer of La
Mancha, a significant direct investor in the mining sector which
saw him undertake Board roles with Golden Star Resources as well as
Evolution Mining.
From 2010 to 2017 Andrew held
various roles with Acacia Mining Plc, a UK listed FTSE250 company
and one of the largest African gold producers, including Chief
Financial Officer from 2013 to 2017.
Before joining Acacia, Andrew worked
in investment banking with JPMorgan Cazenove between 2000 and 2010
where he advised a range of clients, including Hochschild, on
various equity capital transactions.
Andrew is currently Non-Executive
Chairman of Resolute Mining Limited, an African-focused gold mining
company listed on the Australian Securities Exchange and the London
Stock Exchange.
Eduardo Hochschild, Chair of the Board,
said:
"I
am delighted that Andrew has agreed to join the Hochschild
Board. He is a seasoned mining professional with significant
operational experience gained working as CEO and CFO at a number of
listed companies in the sector. The Board will undoubtedly
benefit from Andrew's expertise as well as his strategic insight as
we look to deliver on our long-term objectives."
On joining the Board, Andrew will
become a member of the Audit and Remuneration
Committees.
Other than as disclosed above, there
are no additional matters to be disclosed under Listing Rule UKLR
6.4.8R with respect to Andrew Wray's appointment.
Changes in Board/Committee Roles
As previously stated, Michael
Rawlinson will be retiring from the Board at the conclusion of the
forthcoming AGM when Jill Gardiner will assume the role of Chair of
the Remuneration Committee and Tracey Kerr will become the Senior
Independent Director. As a result, the Directors are proud to
note that, for the first time, the Senior Independent Director, and
the Chairs of three of the Company's Committees will be
women.
Notwithstanding the changes in Board
composition referred to above, the Board will comprise three
non-independent Directors and five independent Non-Executive
Directors.
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Enquiries:
Hochschild Mining PLC
Raj
Bhasin
+44 (0)7825 533495
Company Secretary
Hudson Sandler
Charlie Jack
+44 (0)207 796
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 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 the Monte do Carmo Advanced
Project and numerous long-term projects throughout the
Americas.
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LEI: 549300JK10TVQ3CCJQ89
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