Ero Copper Consolidated Copper Operations

Consolidated rollup of Ero Copper's Brazilian copper operations (Caraíba Operations in Bahia and Tucumã Operation in Pará), which produce copper in concentrate with gold and silver by-products. Record consolidated copper production of 64,307 tonnes in 2025 was driven by the Tucumã ramp-up following commercial production on July 1, 2025 and record mill throughput at Caraíba. 2026 consolidated guidance of 67,500-77,500 tonnes copper represents growth of up to 20%, weighted to H2 2026, with consolidated capital expenditures of $275-320 million planned, including ~$80 million of growth capital for the Pilar shaft and Xavantina investments and $30-40 million for Furnas exploration, engineering and permitting.