McEwen Copper Inc

EU Legislative Interests

McEwen Copper Inc. focuses its interest representation activities on the following European Union legislative proposals and policies related to responsible mining, sustainability, and the supply of critical raw materials for the energy transition: Regulation (EU) 2023/2418 on Critical Raw Materials (Critical Raw Materials Act - CRMA) Monitoring regulations on the responsible sourcing of copper and other strategic minerals for European industry. Assessing the impact on foreign investments in mining projects outside the EU, particularly in Latin America. Directive on Corporate Sustainability Due Diligence (Corporate Sustainability Due Diligence Directive - CSDDD) Analyzing the impact of due diligence requirements on mining and copper supply chains. Ensuring compliance with EU environmental and social governance (ESG) standards for raw material suppliers. EU Hydrogen Industry Strategy and Electrification of Transport Assessing future copper demand in hydrogen infrastructure, electric mobility, and energy transmission networks. Evaluating incentives and regulations affecting investment in copper mining projects aligned with decarbonization. EU Global Strategy for Raw Materials Cooperation with Latin America Monitoring EU initiatives to strengthen trade and cooperation in the mining sector with Argentina and other countries in the region. Evaluating opportunities to develop strategic partnerships with European stakeholders in sustainable copper production. Regulation on the Carbon Border Adjustment Mechanism (CBAM) Assessing the impact of this mechanism on copper and metal exports from Latin America to the EU. Developing strategies to meet EU carbon footprint requirements for exported raw materials. McEwen Copper closely follows these regulations and participates in forums, conferences, and public consultations to contribute to the development of a regulatory framework that fosters responsible mining and the sustainable supply of copper for the global energy transition.

Communication Activities

McEwen Copper has conducted communication and institutional engagement activities related to the Los Azules copper project in order to present its technical and environmental progress, sustainability approach, and relevance to the responsible supply of copper within the context of the EU critical raw materials and energy transition policy framework. Key activities include: 1. EU Critical Raw Materials Policy Forums Participation in EU-related forums and dialogue spaces addressing critical raw materials. Presentation of the Los Azules project as a large-scale copper development aligned with responsible sourcing and sustainability standards. 2. Industry Conferences and Technical Events Participation in international mining conferences and technical events, including PDAC (Canada) and Argentina Mining conferences. Technical presentations covering project design, lower-carbon development approach, and responsible mining practices. Exchange with industry experts and regulatory stakeholders. 3. Regulatory and Environmental Milestones Environmental Impact Declaration (DIA) granted for the Los Azules project in December 2024. Admission of the project into Argentina’s Large Investment Incentive Regime (RIGI) in September 2025, providing long-term fiscal and regulatory stability for strategic investments. 4. Technical Disclosure Publication of the Feasibility Study under Canadian NI 43-101 standards in 2025. Public technical disclosure of mineral resources, reserves, economic parameters, and environmental design criteria, including water management, energy use, and responsible mining measures. 5. Investor and Stakeholder Dialogue Meetings with investors, financial institutions, industry representatives, and regulatory authorities. Discussions covering ESG standards, regulatory frameworks, and requirements applicable to critical raw materials supply chains. 6. Local Community Engagement Public presentations and community meetings in San Juan Province, Argentina. Educational and workforce development partnerships linked to mining activity. McEwen Copper applies responsible mining and transparent disclosure practices in advancing the Los Azules project, consistent with international ESG standards.

Interests Represented

Promotes their own interests or the collective interests of their members

Member Of

Executive Committee of the Argentine Chamber of Mining Entrepreneurs (CAEM). Member of Group of Mining Exploration Companies of the Argentine Republic (GEMERA). Vice president of the mining board of the Argentine Industrial Union (UIA).  Board of Directors of the Mining Chamber of San Juan (CMSJ) Board of Directors of the Industrial Union of San Juan (UISJ).  Member of Women in Mining Argentina (WIM). Member of Prospectors and Developers Association of Canada (PDAC). Member of United States Chamber of Commerce in Argentina (AmCham) Member of Argentine Canadian Chamber of Commerce Member of the Argentine-German Chamber of Commerce (AHK Argentina)

Organisation Members

Shareholders of McEwen Copper Inc. McEwen Mining (46,4%): Owner of three gold and silver mines in production in the Americas, including Argentina. Original owner of 100% of Los Azules during the discovery and exploration phase. Current operator and majority shareholder. Stellantis (18,3%): Is one of the largest automobile manufacturers in the world, playing a key role in advancing the sustainable supply of copper. Second-largest shareholder and strategic partner in Argentina, future end user of green copper. Right to purchase copper at market price in proportion to its ownership percentage. Commitment to carbon neutrality by 2038. Nuton is part of the Rio Tinto group (17,2%): The second-largest mining company in the world. Third-largest shareholder and potential technology partner for a revolutionary increase in mine life and cash flow. Right to purchase copper at market price in proportion to its ownership percentage. Robert McEwen (12,7%): is the CEO and chairman of McEwen Mining. A driver of a visionary approach to sustainable project development. One of the most successful mining entrepreneurs of the 21st century. He founded Goldcorp. Under his leadership, Goldcorp's market value grew from USD 50 million to USD 8 billion.