REG - Hochschild MiningPLC - Directorate Change

Hochschild MiningAnnouncement

24/01/2025 09:00

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RNS Number : 6158U  Hochschild Mining PLC  24 January 2025

 

 

_____________________________________________________________________________________

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.

_____________________________________________________________________________________

 

Enquiries:

 

Hochschild Mining PLC

Raj Bhasin
 
+44 (0)7825 533495

Company Secretary

 

Hudson Sandler

Charlie Jack
                        +44 (0)207 796 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 the
Monte do Carmo Advanced Project and numerous long-term projects throughout the
Americas.

_____________________________________________________________________________________

 

LEI: 549300JK10TVQ3CCJQ89

 

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