Mr. Peter Rockandel reports

LUNDIN MINING ANNOUNCES APPOINTMENT OF MARIA OLIVIA RECART TO BOARD OF DIRECTORS

Lundin Mining Corp. has appointed Maria Olivia Recart to the company's board of directors effective today.

"We are excited to welcome Maria Olivia Recart to the Lundin Mining team and board," commented Adam Lundin, chair of Lundin Mining's board of directors. Peter Rockandel, chief executive officer, added: "Maria Olivia's extensive knowledge, experience and recognized contributions in Chile make for an ideal addition to our board. Her wealth of expertise rooted in experience on many environmental and social topics, including community engagement, government relations, sustainable supply chains and social values will provide invaluable perspective."

Most recently, Ms. Recart was the dean of Universidad Santo Tomas from 2019 to 2023, prior to which, she worked at BHP, from 2010 to 2018, as vice-president of corporate affairs. As vice-president of corporate affairs for BHP, Ms. Recart was responsible for community engagement, communications, government relations and social value strategy for the Americas. During that time, she also served as a member of the owners' council of BHP's Escondida mine, where Ms. Recart advised on a range of operational, safety, financial, commercial, human resources and strategy issues. Ms. Recart was also appointed as vice-president of the board of directors of Fundacion Chile, a mixed board composed of Chilean government officials and BHP-appointed professionals; vice-president of Centro de Entrenamiento Industrial y Minero, an apprentice learning centre to promote the skills needed in the work force for productivity impact in mining and construction operations; and vice-president of Fundacion Minera Escondida, a non-profit organization in the region of Antofagasta whose initiatives are focused on making an impact in the region's human and social capital and target minorities, the indigenous communities and women in particular. Ms. Recart also has experience in the public sector in Chile, where she served as vice-minister of finance between 2006 and 2010, and was responsible for the team that led Chile into the Organization for Economic Co-operation and Development.

About Lundin Mining Corp.

Lundin Mining is a diversified Canadian base metals mining company with projects and operations in Argentina, Brazil, Chile, Portugal, Sweden and the United States, primarily producing copper, zinc, gold and nickel.

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