Company: SCCO
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001558370-25-004735
Chunk: 41

Company: SOUTHERN COPPER CORP/
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 41
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 adjustments to report. Therefore, no adjustments were required to be made to the SCT total in accordance with SEC methodology for determining CAP for the Non-PEOs NEO’s for each year shown. |

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The following graph further illustrates the relationship betweenthe Company’s total shareholder return and that of theS&P Metals and Mining Select Industry Index for the period indicated.

<div align='center'>COMPENSATION POLICIES AND PRACTICES AS THEY RELATE TO RISK MANAGEMENT</div>

In accordance with the requirements of Regulation S-K, Item 402(s), to the extent that risks may arise from the Company’s compensation policies and practices that are reasonably likely to have a material adverse effect on the Company, we are required to discuss those policies and practices for compensating the employees of the Company (including employees that are not NEOs) as they relate to the Company’s risk management practices and the possibility of incentivizing risk-taking.Based on the Compensation Committee’s review of our incentive compensation practices and discussions of the concept of risk as it relates to our compensation policies and practices, we have determined that the compensation policies and practices established with respect to the Company’s employees are not reasonably likely to have a material adverse effect on the Company.For more information regarding our compensation policies and practices, see the section entitled “Compensation Discussion and Analysis” beginning on page14.

<div align='center'>COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION</div>

Messrs. Germán Larrea Mota-Velasco, Oscar González Rocha, and Leonardo Contreras Lerdo de Tejada, our directors representing Grupo Mexico, are executive officers and/or directors of Grupo Mexico or its affiliates. During 2024, Messrs. Germán Larrea Mota-Velasco, Oscar González Rocha, and Enrique Castillo Sánchez Mejorada were on the Compensation Committee of the Board of Directors. See also “Related Party Transactions.”

<div align='center'>NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION</div>

The Dodd-Frank Act and Section 14A of the Exchange Act, require that the Company’s stockholders be given the opportunity to cast a non-binding advisory vote regarding the approval of the compensation disclosed in this proxy statement of the Company’s Named Executive Officers in the Summary Compensation Table. The Compensation Discussion and Analysis begins on page14of this proxy statement. As discussed thereunder, the Board of Directors believes that the Company’s long-term success depends, in large measure,