Votorantim agrees to swap controlling Nexa stake for Boliden shares

• Boliden agreed to acquire Votorantim’s controlling stake in Nexa Resources via a share-for-share exchange of 0.25 Boliden shares per Nexa share.
• Boliden is expected to hold 64.68% of Nexa’s shares and voting rights on closing; Votorantim is expected to own about 7% of Boliden.
• Closing is targeted for Q1 2027, subject to shareholder votes and customary regulatory clearances.
• Boliden plans a cash tender offer for remaining Nexa shares within 30 days of closing, priced off Boliden’s 20-day VWAP.
• Nexa is expected to remain a separate Luxembourg entity listed on the NYSE, with a seven-member board including four Boliden affiliates.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Nexa Resources SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-26-004362), on August 27, 2026, and is solely responsible for the information contained therein.