Buenaventura Reports 2Q20 Results for Production and Volume Sold

Compañia de Minas Buenaventura S.A.A. ("Buenaventura" or "the Company"), Peru's largest publicly-traded precious metals mining company, today announced 2Q20 results for production and volume sold.

In order to ensure transparency in light of uncertainties associated with the current operating environment, Buenaventura will be releasing its production data on a monthly basis until greater production continuity and visibility is possible.

Phase 1

• Tambomayo
  • Total workforce (approx.): 700
  • All workers remain within operations footprint
  • Operation isolated from communities
  • COVID-19 mortality rate at regional level per millions of people*: 324 vs 381 (national average)

• Uchucchacua
  • Total workforce (approx.): 1,800
  • All workers remain within operations footprint
  • Operation isolated from communities
  • COVID-19 mortality rate at regional level per millions of people*: 553 vs 381 (national average)

• El Brocal
  • Total workforce (approx.): 2,000
  • Workers partially accommodated within operational footprint
  • Communities located near the operation
  • COVID-19 mortality rate at regional level per millions of people*: 118 vs 381 (national average)

• Coimolache:
  • Total workforce (approx.): 1,200
  • All workers remain within operations footprint
  • Operation isolated from communities
  • COVID-19 mortality rate at regional level per millions of people*: 93 vs 381 (national average)

Phase 2

• Julcani:
  • Total workforce (approx.): 950
  • Workers partially accommodated within operations footprint
  • Communities located near the operation
  • COVID-19 mortality rate at regional level per millions of people*: 65 vs 381 (national average)

• Orcopampa:
  • Total workforce (approx.): 800
  • Workers partially accommodated within operations footprint
  • Communities located near the operation
  • COVID-19 mortality rate at regional level per millions of people*: 324 vs 381 (national average)

• La Zanja:
  • Total workforce (approx.): 750
  • All workers remain within operations footprint
  • Isolated from communities
  • COVID-19 mortality rate at regional level per millions of people*: 93 vs 381 (national average)

*Source: Macroconsult Daily Bulletin "Covid-19 and the economy" 07/15/2020