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## NOTES: 

1.- Common Shares 

2.- Labor Shares 

## CORPORATE CAPITAL AND COMMON STOCK 

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(*) Class A common shares are entitled to five votes per share. Common shares are entitled to one vote per share. 

## AUTHORIZATIONS OBTAINED FOR THE DEVELOPMENT OF BUSINESS 

1. Toquepala Concentrator: Authorized by Directorial Resolution No. 455-91-EM/DGM/DCM, dated July 5, 1991, which approved the operation of the Toque- pala Concentrator. The resolution granted 240 hect- 

ares of surface land and authorized a throughput of 39,000 Metric Tons/Day. 

Based on Report No. 413-97-EM/DGM/DPDM dated July 7, 1997, the “Director General de Minería” au- thorized the expansion of the Toquepala Concentra- tor to a 43,000-Metric Ton/Day throughput. 

Based on Report N° 547-2002-EM/DGM/DPDM, dated November 6th, 2002, the “Director General de Minería” authorized the expansion of the Toquepala Concentrator to a capacity of 60,000 MT/Day. 

2. Botiflaca Concentrator in Cuajone: Authorized by Directorial Resolution No. 150-81-EM/DCM, dated August 14, 1981, which approved the operation of the Cuajone Concentrator. The resolution granted 56 hectares of surface land. 

Based on Report No. 266-99-EM/DGM/DPDM, dat- ed July 20, 1999, the “Director General de Minería” authorized the expansion of the Cuajone Concentra- tor to a 87,000-Metric Ton/Day throughput. 

3. Toquepala Leaching Plant (SX/EW): Authorized by Directorial Resolution No. 166-96-EM/DGM, dated May 7, 1996, which approved the operation of the Toquepala SX/EW plant. The resolution granted 60 hectares of surface land and authorized a throughput of 11,850 Tons/Day. 

Based on Report No. 663-98-EM/DGM/DPDM, dated November 10, 1998, the “Director General de 

