Buenaventura Announces the Resolutions of the Annual Shareholders´ Meeting

LIMA, Peru--()--Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced the resolutions of the Company´s Annual General Shareholders´ Meeting held March 28, 2017. The following resolutions were passed:

1. Approval of the 2016 Annual Report.

2. Approval of the Buenaventura´s Consolidated Financial Statements and the Buenaventura´s Separated Financial Statements as of December 31, 2016.

3. Appoint of Ernst and Young (Paredes, Burga & Asociados) as External Auditors for fiscal year 2017.

4. Approval of the payment of a cash dividend of 0.057 (US$) per share or ADS according to the Company´s dividend policy. The cash dividend will be paid on May 2, 2017 and the Record Date will be April 18, 2017.

5. Designation of the members of the board for the period 2017 – 2019:

  • Mr. Roque Benavides
  • Mr. Igor Gonzales
  • Mr. Jose Miguel Morales
  • Mr. Felipe Ortiz-de-Zevallos
  • Mr. William Champion
  • Mr. German Suarez
  • Mr. Diego de-la-Torre

Company Description

Compañía de Minas Buenaventura S.A.A. is Peru’s largest, publicly traded precious metals Company and a major holder of mining rights in Peru. The Company is engaged in the mining, processing, development and exploration of gold and silver and other metals via wholly owned mines, as well as through its participation in joint exploration projects.

Buenaventura currently operates several mines in Peru (Orcopampa*, Uchucchacua*, Mallay*, Julcani*, Tambomayo*, El Brocal, La Zanja and Coimolache) and is developing the San Gabriel Project.

The Company owns 43.65% of Minera Yanacocha S.R.L (a partnership with Newmont Mining Corporation), an important precious metal producer and 19.58% of Sociedad Minera Cerro Verde, an important Peruvian copper producer.

For a printed version of the Company’s 2015 Form 20-F, please contact the persons indicated above, or download a PDF format file from the Company’s web site.

(*) Operations wholly owned by Buenaventura

Note on Forward-Looking Statements

This press release may contain forward-looking information (as defined in the U.S. Private Securities Litigation Reform Act of 1995) that involve risks and uncertainties, including those concerning the Company’s, Yanacocha’s and Cerro Verde’s costs and expenses, results of exploration, the continued improving efficiency of operations, prevailing market prices of gold, silver, copper and other metals mined, the success of joint ventures, estimates of future explorations, development and production, subsidiaries’ plans for capital expenditures, estimates of reserves and Peruvian political, economic, social and legal developments. These forward-looking statements reflect the Company’s view with respect to the Company’s, Yanacocha’s and Cerro Verde’s future financial performance. Actual results could differ materially from those projected in the forward-looking statements as a result of a variety of factors discussed elsewhere in this Press Release.

Contacts

Contacts in Lima:
Carlos Galvez, 511-419-2540
Chief Financial Officer
or
Rodrigo Echecopar, 511-419 2591
Investor Relations Coordinator
rodrigo.echecopar@buenaventura.pe
or
Contacts in NY:
Barbara Cano, 646-452 2334
barbara.cano@mbsvalue.com
or
Company Website:
www.buenaventura.pe/ir

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