Hudbay Provides an Update on Snow Lake Operations due to Wildfire Evacuation Order

Core Viewpoint - Hudbay Minerals Inc. is actively managing the wildfire situation in northern Manitoba, ensuring employee safety and compliance with evacuation orders while temporarily suspending operations in Snow Lake [1][2][3] Company Operations - The company has secured all assets and maintains a limited workforce for monitoring and emergency activities, with operations in Flin Flon remaining unaffected by the wildfires [2] - Exploration activities near Snow Lake have been paused due to the wildfires [2] Commitment to Safety - Hudbay emphasizes its commitment to the safety of employees, local communities, and First Nations members, taking proactive measures to minimize impacts from the wildfires [3] - The company expects a quick return to full operations once the wildfire situation improves, leveraging its emergency preparedness procedures [3] Future Outlook - Hudbay anticipates achieving its annual guidance metrics for Manitoba in 2025 despite the temporary impacts from the wildfires [3] - The company has a strong growth pipeline, including projects in Arizona, Nevada, and Peru, alongside its existing operations in Canada and Peru [6][7] Company Mission - Hudbay's purpose is to create sustainable value and strong returns while caring for its people, communities, and the environment [8]