Company: SCCO
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001558370-25-004735
Chunk: 55

Company: SOUTHERN COPPER CORP/
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 55
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 sponsored by the Company, among other related activities. ●Human rights, due diligence, community assistance programs, and inclusivity and equity. ●Socio-political issues, including contributions to national and regional socio-economic development, permits and licenses, and land access. ●Corporate governance by identifying opportunities and best practices. ●Responsible sourcing, including development of local suppliers and talent mitigation of social and environmental risks associated with suppliers and contractors and conduct due diligence and oversee the supply chain processes. Pursuant to its Charter, the duties and responsibilities of the Sustainability Committee are as follows:

| 1. | Review and suggest periodic adjustments to the Sustainable Development policies. |

| 2. | Review the Sustainable Development goals of the Company, suggest adjustments to such goals to the Board and monitor the Company's compliance and progress towards its relevant strategic objectives. |

| 3. | Evaluate the effectiveness of corporate strategies, initiatives, and practices to address emerging trends and stakeholders' concerns regarding Sustainable Development. |

| 4. | Evaluate the performance and compliance of the Company's commitments to responsible production including, but not limited to, the Copper Mark framework. |

| 5. | Monitor the use of resources for the fulfillment of the Sustainable Development objectives and responsibilities of the Committee. |

| 6. | Management of Sustainable Development risks. |

| 7. | Evaluate the effectiveness of processes and controls to identify, assess and mitigate Sustainable Development risks, particularly critical risks. |

| 8. | Review critical incident reports and ensure adequate responses to the same. |

| 9. | Coordinate efforts for risk management within Sustainable Development with the Audit Committee of the Company and ensure the reporting of the same to the Board. |

| 10. | Oversee the appointment and removal, as the case may be, of auditors in charge of developing the Sustainable Development Report. |

| 11. | Evaluate and follow up with the findings identified by the auditors. |

| 12. | Evaluate the effectiveness of Environmental, Social, and Governance (“ESG”) disclosures and, as the case may be, submit recommendations for improvement to the Board. |

The Committee is comprised of three independent directors appointed by the Board and a Secretary. During 2024, the Committee was composed of Messrs. Vicente Ariztegui Andreve (Chairman), Miguel Palomino, Enrique Castillo Sanchez Mejorada. The Committee met four times in 2024. The Sustainability Committee has broad authority to act upon any relevant matter it deems necessary to carry out its