Company: SCCO
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001558370-25-004735
Chunk: 36

Company: SOUTHERN COPPER CORP/
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 36
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4 contributions under our Mexican savings plan; and |

| · | 2024 Compensation under other Company programs, consisting of food vouchers. |

26

All Other Compensation for Ms. Vingerhoets consists mainly of:

| (i) | Cash Compensation Mandated by Peruvian Law: |

| · | $85,648 in 2024 as profit sharing in the profits of our Peruvian Branch; |

| · | $23,514 in 2024 as Peruvian legal holiday, Labor Day and Miners’ bonuses; |

| · | $12,506 in 2024 as termination of employment or CTS. |

| (ii) | Cash Compensation Under Company Sponsored Programs: |

| · | Vacation bonus and travel compensation in 2024; |

| · | $27,737 in 2024 as five percent benefit or Quinquenio; and |

| · | 2024 Compensation under other Company sponsored programs. |

Outstanding Equity Awards at Fiscal Year-End No options to purchase shares in the Company or other equity incentive awards have been granted since 2000. No options, equity awards or equity-based awards were outstanding on December 31, 2024. The Stock Incentive Plan, under which options and stock awards could have been granted, expired by its terms on January 1, 2006. Option Exercises and Stock Vested at Fiscal Year-End No options were exercised since 2000. No stock award vested as of December 31, 2024. Retirement Plans See descriptions above under “Pension Plans.” Severance Benefits As described above in the Compensation Discussion and Analysis, we provide severance benefits as required by Peruvian and Mexican law, as applicable. I NSIDER TRADING ARRANGEMENTS AND POLICY We are committed to promoting high standards of ethical business conduct and compliance with applicable laws, rules and regulations. As part of this commitment, we have adopted our Securities Law Compliance Policy governing the purchase, sale, and/or other dispositions of our securities by our directors, officers, employees and designated contractors, which we believe is reasonably designed to promote compliance with insider trading laws, rules and regulations, and the exchange listing standards applicable to us. HEDGING POLICY The Securities Law Compliance Policy includes specific provisions regarding hedging transactions, which are strongly discouraged due to their complex nature and unique insider trading risks. Any board member, officer, employee, or agent covered by the Policy who wishes to enter into hedging or monetization transactions (such as zero-cost coll