Nexa Resources Adopts a New Dividend Policy

Core Viewpoint - Nexa Resources has adopted a new dividend policy effective January 1, 2025, aimed at distributing annual dividends based on various financial factors [1][2]. Dividend Policy Details - The new policy targets an annual dividend of up to 20% of free cash flow pre-events, with a minimum payment of US$0.08 per common share [3]. - Free cash flow pre-events is defined as free cash flow before accounting for significant, non-recurring, or extraordinary events [3]. - The annual dividend amount will be influenced by factors such as cash balance, free cash flow, leverage, capital investment programs, expected future cash flows, market volatility, and strategic planning [2][3]. Company Overview - Nexa Resources is a large-scale, low-cost integrated zinc producer with over 65 years of experience in mining and smelting in Latin America [5]. - The company operates five long-life mines and three smelters, with significant operations in Peru and Brazil [5]. - In 2024, Nexa was among the top five producers of mined zinc globally and one of the top five metallic zinc producers worldwide [6].