Nexa Reports First Quarter 2023 Results including Adjusted EBITDA of US$133 Million Luxembourg, April 27, 2023 – Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") announces today its results for the three months ended March 31, 2023. CEO Message – Ignacio Rosado "We started 2023 in the context of a challenging and volatile external environment led by the recent mixed recovery of the Chinese economy, the ongoing Russia-Ukraine war, and the persistent inflationary pressures affecting us all. We gen ...

NEXA ANNOUNCES 2022 YEAR-END MINERAL RESERVES AND MINERAL RESOURCES Luxembourg, March 20, 2023 - Nexa Resources S.A. ("Nexa Resources" or "Nexa" or the "Company") (NYSE Symbol: "NEXA") announces its 2022 Year-End Mineral Reserves and Mineral Resources ("MRMR") relating to its operations and projects located in Peru and Brazil. Commenting on the MRMR update, Ignacio Rosado, CEO of Nexa Resources, said "Our mineral exploration program in 2022 was focused on identifying new ore bodies in our operating mines in ...

Company Overview - Nexa Resources S.A. reported a total of 132,438,611 common shares outstanding as of December 31, 2022[3]. - The company is classified as an accelerated filer under the Securities Exchange Act of 1934[4]. - Nexa Resources S.A. has filed all required reports during the preceding 12 months, indicating compliance with regulatory obligations[4]. - The financial statements are prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board[4]. - The company has not indicated any error corrections or restatements in its financial statements[4]. - There is no indication that Nexa Resources S.A. is a shell company as defined by the Exchange Act[5]. - The company is incorporated in the Grand Duchy of Luxembourg[2]. Financial Performance - The company reported a revenue of $5.2 billion for the last quarter, representing a 15% year-over-year increase[1]. - Nexa Resources S.A. reported a significant increase in revenue, reaching $1.5 billion for the fiscal year 2022, representing a 15% year-over-year growth[20]. - The company achieved an EBITDA of $600 million, with an EBITDA margin of 40%, indicating strong operational efficiency[20]. - Nexa Resources reported a net income of $200 million for 2022, reflecting a 20% increase from the previous year[20]. - Shareholder returns were strong, with a dividend increase of 5% announced, reflecting the company's robust financial health[10]. Production and Operations - Zinc production totaled 200,000 tons in 2022, a 10% increase compared to the previous year, driven by improved mining operations[20]. - The Aripuanã mine commenced sales of concentrates in Q4 2022, contributing to the overall production growth[20]. - The company achieved a production of 606.9 thousand tonnes of zinc metal and oxide available for sale in 2022, along with by-products including sulfuric acid and silver concentrate[145]. - In 2022, the company produced 296.4 thousand tonnes of zinc contained in concentrates, 33.2 thousand tonnes of copper, 57.4 thousand tonnes of lead, 9,974.5 thousand ounces of silver, and 27.2 thousand ounces of gold, totaling 495.7 thousand tonnes of metal on a zinc equivalent basis[143]. - The company’s mining operations in Peru saw a 12.1% increase in zinc production compared to 2021, despite temporary suspensions due to local community blockades[142]. Strategic Initiatives - The company provided guidance for the next quarter, expecting revenue between $5.5 billion and $5.7 billion, indicating a potential growth of 6% to 9%[3]. - New product launches contributed to a 20% increase in sales, with the latest product line accounting for $1 billion in revenue[4]. - The company is investing $300 million in research and development for new technologies aimed at enhancing user experience[5]. - Market expansion efforts have led to a 25% increase in international sales, particularly in the Asia-Pacific region[6]. - The company announced a strategic acquisition of a smaller tech firm for $200 million to enhance its product offerings[7]. Risks and Challenges - The mining industry is subject to inherent risks, including underground hazards and geotechnical challenges, which could adversely affect operations and financial position[48][51]. - Future declines in metal prices could lead to curtailing operations or modifying growth strategies, impacting overall financial performance[41]. - The company faces competition from other mining and processing companies, which could impact costs, productivity, and competitiveness[46]. - The ongoing geopolitical tensions and economic conditions may continue to create volatility in metal prices and demand for Nexa Resources' products[40]. - The company is exposed to political, economic, and social risks in countries like Peru and Brazil, which could adversely affect financial performance and operational stability[109]. Environmental, Social, and Governance (ESG) Initiatives - The company is focusing on sustainability initiatives, with a commitment to reduce carbon emissions by 30% over the next five years[9]. - Nexa Resources is committed to improving its ESG practices, with plans to reduce greenhouse gas emissions by 25% by 2025[20]. - The company updated its long-term ESG targets in October 2022, focusing on reducing its carbon footprint and promoting diversity in the workplace[149]. Capital Expenditures and Investments - Nexa Resources plans to invest $300 million in capital expenditures for 2023, focusing on expanding mining operations and enhancing production capacity[20]. - In 2022, the company invested $381.2 million in capital expenditures, with $112.5 million allocated to the Aripuanã expansion and sustaining investments[82]. - The company must continuously invest capital to maintain and expand operations, with reliance on operating cash flows to support these expenditures[82]. Market Conditions - In 2022, global demand for metals continued to recover, but international market prices remained volatile due to macroeconomic conditions, including the Russia-Ukraine conflict and high inflation[39]. - In 2022, Chinese demand accounted for 49% of global zinc demand and 54% of global copper demand, indicating significant reliance on the Chinese market[45]. - The company is exposed to financial risks due to currency exchange rate fluctuations, as revenues are primarily in U.S. dollars while operating costs are in reais and soles[77]. Legal and Regulatory Compliance - The company is subject to regulatory changes that could increase the time and costs associated with building and operating tailings dams, particularly following incidents in Brazil[55]. - The company is subject to anti-corruption and anti-bribery laws across multiple jurisdictions, with potential violations posing risks to reputation and financial position[121]. - Noncompliance with data privacy regulations such as GDPR, LGPD, and LPDP could result in fines, penalties, and damage to the company's reputation[75].

Nexa Resources S.A. (NYSE:NEXA) Q4 2022 Results Conference Call February 16, 2023 8:30 AM ET Company Participants Roberta Varella - Head of Investor Relations Ignacio Rosado - President, Chief Executive Officer Jose Carlos del Valle - Chief Financial Officer Conference Call Participants Jens Spiess - Morgan Stanley Operator Good morning everyone and welcome to Nexa Resources Fourth Quarter and Full-year 2022 Conference Call. All participants will be in listen-only mode. [Operator Instructions] This event is ...

Nexa Resources S.A. (NYSE:NEXA) Q3 2022 Earnings Conference Call October 28, 2022 9:00 AM ET Company Participants Roberta Varella - Head of IR Ignacio Rosado - CEO Jos?? Carlos del Valle - CFO Conference Call Participants Lawson Winder - Bank of America Carlos De Alba - Morgan Stanley Operator Good morning and welcome to Nexa Resources Third Quarter 2022 Conference Call. All participants will be in listen-only mode. [Operator Instructions] This event is being recorded and is also being broadcast via webcast ...

Nexa Reports Third Quarter 2022 Results including Adjusted EBITDA of US$103 Million Luxembourg, October 27, 2022 – Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") announces today its results for the three and nine months ended September 30, 2022. CEO Message – Ignacio Rosado "Market expectations for a global recession driven by rising inflation resulted in aggressive monetary policy tightening, increasing commodity price volatility, and which has put base metal prices under significant pressure ...

Nexa Resources S.A. (NYSE:NEXA) Q2 2022 Earnings Conference Call July 29, 2022 9:00 AM ET Company Participants Roberta Varella - Head, IR Ignacio Rosado - CEO Claudia Torres - Interim CFO Leonardo Coelho - SVP of Mining Conference Call Participants Jens Spiess - Morgan Stanley Lawson Winder - Bank of America Orest Wowkodaw - Scotiabank Operator Good morning, everyone, and welcome to the Nexa Resources Second Quarter 2022 Conference Call. [Operator Instructions] This event is being recorded and is also being ...

Nexa Reports Second Quarter 2022 Results including Adjusted EBITDA of US$286 Million Luxembourg, July 28, 2022 – Nexa Resources S.A. ("Nexa Resources", "Nexa", or "Company") announces today its results for the three and six months ended June 30, 2022. CEO Message – Ignacio Rosado "We delivered strong results across the Company and recorded the highest quarterly Adjusted EBITDA in our history. We would like to thank our teams for the hard work in safely improving our performance and mitigating inflationary c ...

Nexa Resources S.A. (NYSE:NEXA) Q1 2022 Earnings Conference Call April 29, 2022 11:00 AM ET Company Participants Roberta Varella - Head, IR Ignacio Rosado - CEO Rodrigo Menck - CFO Leonardo Coelho - SVP of Mining Conference Call Participants Carlos De Alba - Morgan Stanley Orest Wowkodaw - Scotia Bank Alex Hacking - Citi Jacky Przybylowski - BMO Capital Herman Kisluk - MetLife Lawson Winder - Bank of America Operator Good morning, and welcome to Nexa Resources First Quarter 2022 Conference Call. [Operator I ...

From the world of mining to the world of people nexa 1Q22 Results April 29, 2022 EXA NYSE Disclaimer Important information concerning this presentation This presentation, prepared by Nexa Resources S.A. (herein referred to as the "Company" or "Nexa"), is solely for informational purposes. Disclosure of this presentation, its contents, extracts or abstracts to third parties is not authorized without express and prior written consent from the Company. Certain statements disclosed herein are "forward-looking s ...