Ero Copper Announces Voting Results of Annual General Meeting of Shareholders

Rhea-AI Summary

Ero Copper Corp (TSX: ERO, NYSE: ERO) announced the results from its annual general meeting (AGM) held virtually on April 27, 2022. A total of 76,996,438 shares, representing 85.33% of outstanding shares, were voted. Shareholders approved all business items, including re-election of nine directors and the advisory vote on executive compensation. KPMG LLP was reappointed as the auditor. The advisory vote on executive compensation showed 93.15% approval, confirming shareholder support for the company's compensation practices.

Positive

• 76,996,438 shares voted, 85.33% of outstanding shares represent strong shareholder participation.
• All nominees re-elected as directors, indicating investor confidence in management.
• KPMG LLP re-appointed as auditor, ensuring continuity in financial oversight.
• 93.15% approval for executive compensation, reflecting strong support from shareholders.

Negative

• None.

VANCOUVER, British Columbia, April 27, 2022 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) (“Ero” or the “Company”) reported the voting results from its annual general meeting of shareholders held today in a virtual-only format conducted by live audio teleconference. A total of 76,996,438 common shares were represented at the meeting, being 85.33% of the issued and outstanding common shares of the Company as at the March 7, 2022 record date. Shareholders voted in favour of all items of business before the meeting, including the re-election of management’s nominees as directors for the ensuing year and the advisory vote on executive compensation. Detailed results of the votes are presented below.

Each item of business voted upon at the meeting is described in detail in the Company's Management Information Circular dated March 8, 2022 (the “Circular”), which is available on the Company's website (www.erocopper.com), on SEDAR (www.sedar.com) and on EDGAR (www.sec.gov).

ELECTION OF DIRECTORS

Each of the nine nominees in the Circular were re-elected as directors of the Company for the ensuing year, and the outcome of the vote by ballot was as follows:

		Number of Common Shares Voted			Percentage of Votes Cast
Director Nominee		For	Withheld		For		Withheld
Christopher Noel Dunn		71,129,099	1,413,951		98.05	%	1.95	%
David Strang		72,433,163	109,887		99.85	%	0.15	%
Lyle Braaten		67,150,302	5,392,748		92.57	%	7.43	%
Steven Busby		71,571,422	971,628		98.66	%	1.34	%
Dr. Sally Eyre		64,584,767	7,958,283		89.03	%	10.97	%
Robert Getz		71,292,135	1,250,915		98.28	%	1.72	%
Chantal Gosselin		72,223,489	319,561		99.56	%	0.44	%
John Wright		72,422,185	120,865		99.83	%	0.17	%
Matthew Wubs		72,431,725	111,325		99.85	%	0.15	%

APPOINTMENT OF AUDITOR

KPMG LLP, Chartered Professional Accountants, was re-appointed as the auditor of the Company for the ensuing year, and the directors of the Company were authorized to fix the remuneration to be paid to the auditor, and the outcome of the vote by ballot was as follows:

	Number of Common Shares Voted			Percentage of Votes Cast
Appointment of Auditor	For	Withheld		For		Withheld
KPMG LLP	76,968,226	28,212		99.96	%	0.04	%

ADVISORY VOTE ON EXECUTIVE COMPENSATION

The non-binding advisory “say on pay” resolution accepting the Company’s approach to executive compensation as described in the Circular was approved, and the outcome of the vote by ballot was as follows:

	Number of Common Shares Voted			Percentage of Votes Cast
	For	Against		For		Against
Advisory Vote on Executive Compensation	67,576,063	4,966,986		93.15	%	6.85	%

ABOUT ERO COPPER CORP

Ero Copper Corp is a high-growth, clean copper producer with operations in Brazil and corporate headquarters in Vancouver, B.C. The Company's primary asset is a 99.6% interest in the Brazilian copper mining company, Mineração Caraíba S.A. ("MCSA"), 100% owner of the MCSA Mining Complex, which is comprised of operations located in the Curaçá Valley, Bahia State, Brazil, where the Company currently mines copper from the Pilar and Vermelhos underground mines and the Surubim open pit mine, and the Boa Esperança development project, an IOCG-type copper project located in Pará, Brazil. The Company also owns 97.6% of NX Gold S.A. ("NX Gold") which owns the NX Gold Mine, an operating gold and silver mine located in Mato Grosso, Brazil.

ERO COPPER CORP.

/s/ David Strang	For further information contact:
David Strang, CEO	Courtney Lynn, VP, Corporate Development & Investor Relations (604) 335-7504
	info@erocopper.com

FAQ

What were the voting results for Ero Copper's annual general meeting on April 27, 2022?

Ero Copper Corp reported that 76,996,438 shares were voted, representing 85.33% of total outstanding shares, with all proposed business items approved.

Who were re-elected as directors during Ero Copper's AGM?

All nine nominees were re-elected as directors during Ero Copper's AGM held on April 27, 2022.

What percentage of shareholders approved Ero Copper's executive compensation plan?

The advisory vote on executive compensation received 93.15% approval from shareholders.

Which audit firm was reappointed by Ero Copper at their AGM?

KPMG LLP was reappointed as the auditor of Ero Copper Corp for the upcoming year.