TORONTO – Hudbay Minerals Inc. (TSX, NYSE: HBM) today announced the successful election of all nine individuals nominated for director positions at the company’s Annual and Special Meeting of Shareholders (AGM), held on May 19, 2026. The unanimous endorsement by shareholders reflects robust confidence in the current leadership and strategic direction of the copper-focused critical minerals mining company.
Shareholders Affirm Board Composition
The 2026 AGM saw each of the nine director nominees receive overwhelming support from shareholders. The voting results, detailed by Hudbay, indicate a high degree of consensus regarding the composition of the board, which is tasked with overseeing the company’s operations and growth initiatives across its global footprint.
The detailed voting results for each director were as follows:
- John E.F. Armstrong: 257,475,288 votes FOR, 422,630 votes AGAINST, resulting in 99.84% FOR.
- Jeane L. Hull: 256,363,233 votes FOR, 1,534,683 votes AGAINST, resulting in 99.41% FOR.
- Carin S. Knickel: 255,481,923 votes FOR, 2,415,993 votes AGAINST, resulting in 99.06% FOR.
- Peter Kukielski: 250,031,317 votes FOR, 7,866,601 votes AGAINST, resulting in 96.95% FOR.
- George E. Lafond: 242,482,558 votes FOR, 15,415,359 votes AGAINST, resulting in 94.02% FOR.
- Colin Osborne: 255,407,682 votes FOR, 2,490,236 votes AGAINST, resulting in 99.03% FOR.
- Paula C. Rogers: 254,921,750 votes FOR, 2,976,166 votes AGAINST, resulting in 98.85% FOR.
- David S. Smith: 256,784,775 votes FOR, 1,113,143 votes AGAINST, resulting in 99.57% FOR.
- Laura Tyler: 257,443,412 votes FOR, 454,504 votes AGAINST, resulting in 99.82% FOR.
The percentages of votes cast in favor of the nominees ranged from a high of 99.84% for John E.F. Armstrong to a low of 94.02% for George E. Lafond, demonstrating broad shareholder approval across the board. These results underscore the stability and continuity of Hudbay’s governance structure as it navigates the complexities of the global mining sector.
Strategic Context: Hudbay’s Global Operations and Growth
The re-election of its board comes at a pivotal time for Hudbay, a company strategically positioned as a copper-focused critical minerals producer. With three long-life operations and a robust pipeline of copper growth projects, Hudbay maintains a significant presence in tier-one mining jurisdictions, specifically Canada, Peru, and the United States.
The company’s operational portfolio includes the Constancia mine in Cusco, Peru; the Snow Lake operations in Manitoba, Canada; and the Copper Mountain mine in British Columbia, Canada. While copper remains the primary metal produced, Hudbay also benefits from meaningful gold production and by-product zinc, silver, and molybdenum, diversifying its revenue streams and enhancing its market position.
Looking ahead, Hudbay’s growth pipeline is substantial, featuring key projects such as Copper World and Cactus in Arizona, United States; the Mason project in Nevada, United States; and the Llaguen project in La Libertad, Peru. These initiatives, coupled with ongoing expansion and exploration opportunities near existing operations, are central to the company’s long-term strategy of increasing its critical minerals output.
Purpose-Driven Mission and Sustainable Value Creation
Hudbay’s corporate identity is deeply rooted in its purpose statement: “We care about our people, our communities and our planet. Hudbay provides the metals the world needs. We work sustainably, transform lives and create better futures for communities.” This declaration highlights the company’s commitment to responsible mining practices and its broader societal contributions beyond mineral extraction.
The company’s mission further articulates its strategic objectives: to create sustainable value and strong returns by leveraging its core strengths. These strengths encompass community relations, focused exploration, efficient mine development, and operational excellence. The re-elected board will continue to guide Hudbay in pursuing these objectives, ensuring that the company’s growth is both profitable and aligned with its sustainability commitments.
For additional details regarding the 2026 AGM voting results, stakeholders are directed to Hudbay’s “Report of Voting Results,” which is publicly accessible on the Company’s SEDAR+ profile at www.sedarplus.ca. The continued stability in governance, as evidenced by the unanimous board re-election, provides a solid foundation for Hudbay to execute its ambitious growth plans and reinforce its standing as a key supplier of critical minerals to the global economy.
