Company: SCCO
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001558370-25-004735
Chunk: 17

Company: SOUTHERN COPPER CORP/
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 17
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 (the “Exchange Act”), we are exempt from Rule 10C-1 of such act. During 2024, the Compensation

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Committee was composed of Messrs. Germán Larrea Mota-Velasco, our Chairman, Oscar González Rocha, our President and Chief Executive Officer, Leonardo Contreras Lerdo de Tejada, a director, and Enrique Castillo Sánchez Mejorada, an independent director. The Compensation Committee met one time in 2024. The Compensation Committee shall have the authority to delegate any of its authority to subcommittees designated by the Committee to the extent permitted by law. The Compensation Committee may delegate its administrative duties to the Chief Executive Officer or other members of senior management, as permitted by applicable law and regulations. The Compensation Committee reviewed and discussed the Compensation Discussion and Analysis with the management of the Company. Based on said review and discussion, the Compensation Committee has recommended to our Board of Directors the inclusion of the Compensation Discussion and Analysis in the 2024 Annual Report on Form 10-K and this proxy statement.

| ​ 
 ​ | ​                                                                   
 The Compensation Committee, as of December 31, 2024                 |
|:--|:--------------------------------------------------------------------|
| ​ | Germán Larrea Mota-Velasco                                          |
| ​ | Oscar González Rocha                                                |
| ​ | Enrique Castillo Sánchez MejoradaLeonardo Contreras Lerdo de Tejada |

COMPENSATION DISCUSSION AND ANALYSIS This Compensation Discussion and Analysis describes the compensation approach and the elements of compensation provided to our named executive officers for 2024. The named executive officers for 2024 were Messrs. Oscar González Rocha, Raúl Jacob, Edgard Corrales, Jorge Lazalde, and Ms. Lina Vingerhoets (the “Named Executive Officers”). This Compensation Discussion and Analysis relates to and should be read together with our Summary Compensation Table and other compensation tables, and the information on related party transactions in this proxy statement. Background and Role of Executive Officers in Determining Compensation: Our Chairman and certain of our other Named Executive Officers, including Mr. Oscar González Rocha, assist and advise the Compensation Committee with respect to the compensation of our executive officers generally. Messrs. Oscar González Rocha, our President and Chief Executive Officer; Raúl Jacob, our Vice President, Finance, Chief Financial Officer and Treasurer; Edgard Corrales, our Vice President, Exploration; Jorge