SOUTHERN COPPER CORPORATION (NYSE:SCCO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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SOUTHERN COPPER CORPORATION (NYSE:SCCO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
ITEM 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

On July20, 2017, the Board of Directors of Southern Copper Corporation (the “Company”) elected Mr.Rafael Mac Gregor Anciola as the Company’s sixth independent director. Mr.Mac Gregor Anciola will serve on the Board of Directors of the Company until the next annual meeting of stockholders, or a special meeting at which directors are elected, and until his successor shall have been duly elected and qualified.

Mr.Rafael Mac Gregor Anciola, 56 years old, has served as managing Partner of RMAC Asociados since 2016. He has been an independent director of the Board of Grupo Financiero Citibanamex, Chairman of the Risk Committee, Chairman of Impulsora de Fondos Committee, and member of the Audit Committee since 2016. In addition he is an Independent member of the Board of directors of Corporación Multi Inversiones (CMI) since 2016. From February1999 to July2015, he served as a Corporate Director of Grupo Bal “The Group”. From April1999 to 2015, he was a member of the Board of Directors of Mexican Stock Exchange. From 2001 to 2016, he served as a member of the Board of the Instituto Tecnológico Autónomo de México (ITAM) and from April2008 to 2016, he served as a member of the Board of Fresnillo PLC. From April1995 to July2015, he served as President of the Mexican Securities Board Brokerage House and Valmex Leasing Company.

Aditionally, from April1995 to July2015, Mr.Mac Gregor Ancciola served on the Boards of Grupo Nacional Provincial, S.A.B.,Grupo Palacio de Hierro, S.A.B.,Industrias Peñoles, S.A.B., Crédito Afianzador, S.A. (stock corporation), MineraTizapa, S.A. de C.V. (variable stock corporation), Minera Penmont, S.A. de C.V.,Profuturo G.N.P., S.A. de C.V., Afore, Profuturo GNP Pensiones, S.A. de C.V. and as a member of the Management Board of Grupo Financiero Inverlat and Vice President of the MexDer. Mr.Mac Gregor Anciola holds a degree in Business Administration from the Instituto Tecnológico Autónomo de México in Mexico City and a he attended the Executive Program at Stanford Graduate School of Business in Palo Alto, California.

Mr.Mac Gregor Anciola brings to the Company more than 30 years of experience in the financial and industrial sectors. He also adds to the Board of Directors his leadership experience and expertise attained through his participation as a director of the Mexican Stock Exchange and as an independent director of various other companies. There are no arrangements or understandings between Mr.Mac Gregor and any other person to which he was elected as a director. Mr.Mac Gregor is not a party to any transaction with the Company that would require disclosure under Item 404(a)of Regulation S-K.


About SOUTHERN COPPER CORPORATION (NYSE:SCCO)

Southern Copper Corporation is an integrated copper producer. It produces copper, molybdenum, zinc and silver. It operates through three segments: Peruvian operations, which include the Toquepala and Cuajone mine complexes and the smelting and refining plants, including a metals plant industrial railroad and port facilities that service both mines; Mexican open-pit operations, which include the La Caridad and Buenavista mine complexes and the smelting and refining plants, including a metals plant and a copper rod plant and support facilities that service both mines, and Mexican underground mining operations, which include over five underground mines that produce zinc, copper, silver and gold, a coal mine that produces coal and coke, and a zinc refinery. The Company’s operations include copper smelting, copper refining, copper rod production, solvent extraction/electrowinning, zinc refining, sulfuric acid production, molybdenum concentrate production, and silver and gold refining.