Ms. Bonita To reports

FIRST QUANTUM DECLARES INTERIM DIVIDEND OF CDN$0.08 PER SHARE

First Quantum Minerals Ltd. has approved an interim dividend of eight cents per share in respect of the financial year ending Dec. 31, 2023.

The dividend will be paid on Sept. 19, 2023, to shareholders of record on Aug. 28, 2023. The company has established a dividend reinvestment and share purchase plan for its Canadian resident shareholders.

The plan enables eligible shareholders to reinvest the cash dividends paid on all or a portion of their common shares into additional common shares, which will be issued at 97 per cent of the average market price (as defined in the plan) and provides the opportunity to make optional cash purchases of additional common shares on a semi-annual basis, on dividend payment dates. To participate in the plan, registered eligible shareholders must deliver a properly completed enrolment form to Computershare Trust Company of Canada (in its capacity as plan agent under the plan), as directed under the plan, by no later than 4 p.m. Eastern Time on the fifth business day immediately preceding a dividend record date in order for the cash dividend to which such record date relates to be reinvested under the plan.

The dividends paid are considered eligible dividends for Canadian tax purposes.

We seek Safe Harbor.