Southern Copper Corp. Announces 2024 Annual Meeting of Stockholders

TL;DR

<b>Southern Copper Corp. will hold its 2024 annual meeting of stockholders entirely online on May 24, 2024.</b>

AI Summary

SOUTHERN COPPER CORP/ (SCCO) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. The 2024 annual meeting of stockholders for Southern Copper Corp. will be held on May 24, 2024, at 9:00 A.M. Mexico City time. The meeting will be conducted entirely online via live webcast at meetnow.global/MCA7CFR. There will be no in-person attendance option for the meeting. The company is utilizing SEC rules to furnish proxy materials online, reducing delivery costs and environmental impact. Stockholders will have the same rights and opportunities to participate as in an in-person meeting through online tools.

Why It Matters

For investors and stakeholders tracking SOUTHERN COPPER CORP/, this filing contains several important signals. The shift to a virtual-only meeting aims to reduce costs and environmental impact associated with traditional in-person meetings. Providing online participation tools ensures stockholders retain their rights to engage and vote, maintaining transparency and accessibility.

Risk Assessment

Risk Level: low — SOUTHERN COPPER CORP/ shows low risk based on this filing. The filing is a routine proxy statement (DEF 14A) and does not contain new financial or operational information that would indicate significant risk.

Analyst Insight

Review the proxy statement for details on director nominees and proposals to be voted on at the annual meeting.

Key Numbers

• 2024 — Annual Meeting Year (2024 annual meeting of stockholders)
• May 24 — Meeting Date (Friday, May 24, 2024)
• 9:00 A.M. — Meeting Time (9:00 A.M. Mexico City time)

Key Players & Entities

• SOUTHERN COPPER CORP/ (company) — Registrant
• May 24, 2024 (date) — Date of annual meeting
• 9:00 A.M. Mexico City time (time) — Time of annual meeting
• meetnow.global/MCA7CFR (url) — Annual Meeting Website
• Securities and Exchange Commission (regulator) — Rules for furnishing proxy materials

FAQ

Industry Context

Southern Copper Corporation operates in the metal mining industry, focusing on copper production.

Regulatory Implications

The filing is made under Schedule 14A of the Securities Exchange Act of 1934, governing proxy solicitations.

What Investors Should Do

1. Access the virtual meeting link provided: meetnow.global/MCA7CFR.
2. Review the proxy materials for information on director nominees and any proposals.
3. Prepare to participate in the virtual meeting on May 24, 2024, at 9:00 A.M. Mexico City time.

Key Dates

• 2024-05-24: Annual Meeting of Stockholders — Primary event for stockholder voting and engagement.

Year-Over-Year Comparison

This is a DEF 14A filing, which is a proxy statement, and does not contain comparative financial data from a previous filing.

Key Financial Figures

• $0.01 — ares consist of common stock, par value $0.01 per share (the "Common Stock"). At the

Filing Documents

• scco-20240524xdef14a.htm (DEF 14A) — 721KB
• scco-20240524xdef14a_a001.jpg (GRAPHIC) — 8KB
• scco-20240524xdef14a_a002.jpg (GRAPHIC) — 3KB
• scco-20240524xdef14a_a003.jpg (GRAPHIC) — 6KB
• scco-20240524xdef14a_a009.jpg (GRAPHIC) — 32KB
• scco-20240524xdef14a_bg001.jpg (GRAPHIC) — 145KB
• scco-20240524xdef14a_bg002.jpg (GRAPHIC) — 166KB
• 0001558370-24-005033.txt (&nbsp;) — 2039KB
• scco-20240524.xsd (EX-101.SCH) — 6KB
• scco-20240524_def.xml (EX-101.DEF) — 8KB
• scco-20240524_lab.xml (EX-101.LAB) — 4KB
• scco-20240524_pre.xml (EX-101.PRE) — 3KB
• scco-20240524xdef14a_htm.xml (XML) — 61KB

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS 10

SECURITY OWNERSHIP OF MANAGEMENT

SECURITY OWNERSHIP OF MANAGEMENT 10 AUDIT COMMITTEE REPORT 11 PRINCIPAL ACCOUNTING FEES AND SERVICES 12 COMPENSATION COMMITTEE REPORT 13 COMPENSATION DISCUSSION AND ANALYSIS 14

EXECUTIVE COMPENSATION

EXECUTIVE COMPENSATION 24 HEDGING POLICY 27 CLAWBACK POLICY 27 PAY RATIO DISCLOSURE 27 PAY vs. PERFORMANCE 28 COMPENSATION POLICIES AND PRACTICES AS THEY RELATE TO RISK MANAGEMENT 29 COMPENSATION COMMITTEE INTERLOCKS AND INSIDER PARTICIPATION 29 NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION 29 NON-BINDING ADVISORY VOTE ON FREQUENCY OF VOTE ON EXECUTIVE COMPENSATION 30 RELATED PARTY TRANSACTIONS 30 CONTROLLED COMPANY EXCEPTION TO NYSE RULES 33 CORPORATE GOVERNANCE 33 COMMITTEES OF THE BOARD OF DIRECTORS 36 COMPENSATION OF DIRECTORS 39 ATTENDANCE OF DIRECTORS 40 COMMUNICATION WITH DIRECTORS 40 DELINQUENT SECTION 16(A) REPORTS 41 APPROVAL OF MANAGEMENT PROPOSALS BY STOCKHOLDERS 41 PROPOSAL TO ELECT TEN DIRECTORS 41 PROPOSAL TO RATIFY SELECTION OF INDEPENDENT ACCOUNTANTS 41 NON-BINDING ADVISORY VOTE ON EXECUTIVE COMPENSATION 42 PROPOSALS AND NOMINATIONS 42 OTHER INFORMATION 43 PROXY STATEMENT This proxy statement is furnished as part of the solicitation by the Board of Directors (the "Board of Directors" or "Board") of Southern Copper Corporation ("SCC," "us," "our," or the "Company"), 7310 North 16th Street , Suite 135, Phoenix, AZ 85020, USA; Avenida Caminos del Inca No. 171, Chacarilla del Estanque, Santiago de Surco, C.P. 15038, Peru; and Edificio Parque Reforma, Campos Eliseos No. 400, 12 th Floor, Col. Lomas de Chapultepec, Delegacion Miguel Hidalgo, Mexico City, C.P. 11000 Mexico, of the proxies of all holders of SCC's common stock (the "Common Stockholders" or "you") to vote at the annual meeting to be held on May 24, 2024, and at any adjournment thereof. The annual meeting will be conducted exclusively by webcast. No physical meeting will be held. On or about April 12, 2024, we began mailing a Notice of Internet Availability of Proxy Materials (the "Notice") to shareholders of record as of March 28, 2024, and we posted our proxy materials on the website www.edocumentview.com/SCCO. Yo

View Full Filing

View this DEF 14A filing on SEC EDGAR