Hudbay Announces Election of Directors

Hudbay Minerals Inc. ("Hudbay" or the "company") ( TSX, NYSE: HBM) today announced that each of the ten individuals nominated for election as a director of Hudbay at the company's Annual and Special Meeting of Shareholders held on May 17, 2021 was elected.

The detailed voting results are set out below:

Director Number of
Votes FOR
Number of Votes
Withheld
Percentage of Votes
FOR
Carol T. Banducci 193,235,851 925,004 99.52%
Igor A. Gonzales 190,799,304 3,361,551 98.27%
Richard Howes 192,979,327 1,181,528 99.40%
Sarah B. Kavanagh 193,643,555 517,300 99.73%
Carin S. Knickel 192,892,377 1,268,478 99.35%
Peter Kukielski 193,493,754 667,101 99.66%
Stephen A. Lang 190,464,899 3,695,956 98.10%
Daniel Muñiz Quintanilla 193,645,172 515,683 99.73%
Colin Osborne 193,587,734 573,121 99.71%
David Smith 192,932,000 1,228,855 99.37%

About Hudbay

Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver) and zinc metal. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company's growth strategy is focused on the exploration, development, operation and optimization of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. Hudbay's vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Hudbay's mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits with exploration potential in jurisdictions that support responsible mining, and to see the regions and communities in which the company operates benefit from its presence. The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Further information about Hudbay can be found on www.hudbay.com .

For further information, please contact:

Candace Brûlé
Director, Investor Relations
(416) 814-4387
candace.brule@hudbay.com



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Hudbay Minerals Inc.

Hudbay Minerals Inc.

Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.

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