Ero Copper (TSX: ERO, NYSE: ERO) reported voting results from its June 29, 2026 Annual General and Special Meeting.
Approximately 82.98% of shares were represented. Shareholders re-elected all ten director nominees, re-appointed KPMG as auditor, and approved amendments to the stock option and share unit plans, as well as the advisory executive compensation resolution.
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Positive
Strong shareholder turnout with 86,534,152 shares, or 82.98% of outstanding, represented
All ten director nominees re-elected with support ranging from 96.87% to 99.69% of votes cast
KPMG re-appointed as auditor with 97.47% of votes cast in favour
Amended and Restated Stock Option Plan approved with 95.64% of votes cast in favour
Amended and Restated Share Unit Plan approved with 80.33% of votes cast in favour
Non-binding advisory say-on-pay resolution approved with 98.64% of votes cast in favour
Negative
None.
News Market Reaction – ERO
+3.08%
+3.08%Session close to close
In the Jun 30 session, ERO gained 3.08%, reflecting a moderate positive market reaction.
This announcement confirms robust shareholder engagement, with over 80% support for all key proposal...
Analysis
This announcement confirms robust shareholder engagement, with over 80% support for all key proposals and strong backing for directors and compensation. Prior news has sometimes seen mixed price follow‑through, so governance alignment and execution remain key to monitor.
Key Figures
Shares represented:86,534,152 sharesParticipation rate:82.98%Board size:10 directors+5 more
8 metrics
Shares represented86,534,152 sharesCommon shares represented at June 29, 2026 AGM
Participation rate82.98%Percentage of issued and outstanding shares at May 4, 2026 record date represented at AGM
Board size10 directorsNumber of directors re‑elected at AGM
Lowest director support96.87%Votes in favour for director nominee Chantal Gosselin
Highest director support99.69%Votes in favour for director nominee Makko DeFilippo
Auditor approval97.47%Votes in favour of re‑appointing KPMG LLP as auditor
Stock Option Plan approval95.64%Votes in favour of Amended and Restated Stock Option Plan
Share Unit Plan approval80.33%Votes in favour of Amended and Restated Share Unit Plan
Record Q4 and 2025 results with strong copper output and improved leverage.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Pattern Detected
Recent news often produced strong moves, with some divergences where positive fundamental updates were followed by negative price reactions.
Key Terms
stock option plan, share unit plan, say on pay, management information circular
4 terms
stock option planfinancial
"authorized and approved the Amended and Restated Company’s Stock Option Plan, including amendments"
A stock option plan is a company program that gives employees the right to buy company shares at a preset price after a certain time, like a coupon allowing purchase later at a fixed rate. It matters to investors because these options can increase the number of shares outstanding — reducing each existing share’s ownership slice and potentially changing per-share results — while also aligning employee incentives with boosting the company’s value.
share unit planfinancial
"authorized and approved the Amended and Restated Company’s Share Unit Plan, including amendments"
A share unit plan is a company program that grants employees or directors bookkeeping claims that mirror ownership of company stock, usually paid out in actual shares or cash after meeting time-based or performance conditions. Investors care because these plans affect future share counts and company costs—like promises to give slices of the corporate pie later—which can dilute existing owners and influence management incentives and long-term performance.
say on payfinancial
"approved the non-binding advisory “say on pay” resolution accepting the Company’s approach"
Say on pay is a shareholder vote—typically nonbinding—on a company’s executive compensation package, allowing investors to approve or reject how top managers are paid. Think of it as a public performance review: widespread disapproval can signal poor governance, prompt changes to pay practices, attract activist investors, and influence investor confidence and share value. It matters because it gives owners a direct way to influence compensation that affects company incentives and long-term performance.
management information circularregulatory
"described in detail in the Company's Management Information Circular dated May 8, 2026"
A management information circular is a document sent to shareholders ahead of a company meeting that explains who is asking for votes, what decisions will be made, and why management recommends a particular outcome. Like an instruction booklet and argument sheet combined, it lays out details such as board nominees, executive pay, major transactions and any conflicts, helping investors decide how to vote and judge whether leadership choices could affect the company’s future value.
VANCOUVER, British Columbia, June 29, 2026 (GLOBE NEWSWIRE) -- Ero Copper Corp. (TSX: ERO, NYSE: ERO) ("Ero" or the “Company”) reported the voting results from its Annual General and Special Meeting of Shareholders held today in Vancouver, British Columbia. A total of 86,534,152 common shares were represented at the meeting, being 82.98% of the issued and outstanding common shares of the Company as at the May 4, 2026 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 May 8, 2026 (the “Circular”), which is available on the Company's website (www.ero.com), on SEDAR+ (www.sedarplus.ca/home/) and on EDGAR (www.sec.gov).
ELECTION OF DIRECTORS
Shareholders re-elected ten directors as follows:
Number of Common Shares Voted
Percentage of Votes Cast
Director Nominee
For
Withheld
For
Withheld
David Strang
74,367,868
917,666
98.78%
1.22%
Makko DeFilippo
75,049,140
236,394
99.69%
0.31%
Jill Angevine
73,941,527
1,344,007
98.21%
1.79%
Lyle Braaten
73,783,377
1,502,157
98.00%
2.00%
Steven Busby
73,781,073
1,504,461
98.00%
2.00%
Dr. Sally Eyre
74,158,626
1,126,908
98.50%
1.50%
Robert Getz
73,466,792
1,818,742
97.58%
2.42%
Chantal Gosselin
72,932,160
2,353,373
96.87%
3.13%
Faheem Tejani
74,371,545
913,988
98.79%
1.21%
John Wright
74,495,541
789,992
98.95%
1.05%
APPOINTMENT OF AUDITOR
Shareholders re-appointed KPMG LLP, Chartered Professional Accountants, as the auditor of the Company and authorized the directors of the Company to fix the remuneration to be paid to the auditor with 97.47% of votes cast in favour.
CERTAIN MATTERS RELATING TO THE STOCK OPTION PLAN
Shareholders authorized and approved the Amended and Restated Company’s Stock Option Plan, including amendments thereto, and the unallocated options issuable thereunder with 95.64% of votes cast in favour.
CERTAIN MATTERS RELATING TO THE SHARE UNIT PLAN
Shareholders authorized and approved the Amended and Restated Company’s Share Unit Plan, including amendments thereto, and the unallocated units issuable thereunder with 80.33% of votes cast in favour.
ADVISORY VOTE ON EXECUTIVE COMPENSATION
Shareholders approved the non-binding advisory “say on pay” resolution accepting the Company’s approach to executive compensation as described in the Circular with 98.64% of votes cast in favour.
ABOUT ERO
Ero is a Brazil-focused, growth-oriented mining company with a diversified portfolio of copper and gold assets. Headquartered in Vancouver, B.C., the Company operates two copper mines – the Caraíba Operations in Bahia State and the Tucumã Operation in Pará State – as well as the Xavantina Operations, a producing gold mine in Mato Grosso State. In addition to its operating assets, Ero is advancing the Furnas Copper-Gold Project, located in the mineral-rich Carajás Province in Pará State, through a definitive earn-in agreement with Vale Base Metals to acquire a 60% interest in the project.
Ero’s operating philosophy is grounded in a commitment to safety, operational excellence, and the responsible production of minerals essential for a better tomorrow. The Company’s shares are publicly traded on the Toronto Stock Exchange and the New York Stock Exchange under the symbol “ERO.” Additional information, including technical reports on the Company’s operations and projects, is available on the Company’s website (www.ero.com), SEDAR+ (www.sedarplus.ca), and on EDGAR (www.sec.gov).
FOR MORE INFORMATION, PLEASE CONTACT
Farooq Hamed, VP, Investor Relations info@ero.com
FAQ
What were the 2026 AGM voting results for Ero Copper (TSX: ERO, NYSE: ERO)?
Ero Copper shareholders approved all items at the June 29, 2026 AGM and Special Meeting. According to Ero Copper, shareholders re-elected all ten directors, re-appointed KPMG as auditor, and approved the stock option plan, share unit plan, and advisory say-on-pay resolution.
How many Ero Copper (ERO) shares were represented at the June 29, 2026 shareholder meeting?
A total of 86,534,152 Ero Copper common shares were represented at the June 29, 2026 meeting. According to Ero Copper, this represented 82.98% of the issued and outstanding common shares as of the May 4, 2026 record date.
What director election results did Ero Copper (ERO) report from its 2026 AGM?
All ten Ero Copper director nominees were re-elected at the 2026 AGM. According to Ero Copper, support ranged from 96.87% to 99.69% of votes cast, with each nominee, including David Strang and John Wright, receiving a clear majority of votes for.
Did Ero Copper (ERO) shareholders approve the amended Stock Option Plan in 2026?
Yes, Ero Copper shareholders approved the Amended and Restated Stock Option Plan in 2026. According to Ero Copper, shareholders authorized the plan, including related amendments and unallocated options issuable under it, with 95.64% of votes cast in favour at the June 29, 2026 meeting.
What were the 2026 vote results on Ero Copper’s Share Unit Plan (ERO)?
Ero Copper’s Amended and Restated Share Unit Plan was approved at the 2026 meeting. According to Ero Copper, shareholders authorized the plan, including amendments and unallocated units issuable under it, with 80.33% of votes cast in favour at the June 29, 2026 meeting.
How did Ero Copper (ERO) shareholders vote on executive compensation in 2026?
Shareholders supported Ero Copper’s non-binding advisory say-on-pay resolution in 2026. According to Ero Copper, the advisory resolution accepting the company’s approach to executive compensation, as described in its 2026 Management Information Circular, received 98.64% of votes cast in favour.
Which auditor did Ero Copper (ERO) shareholders appoint at the June 29, 2026 meeting?
Ero Copper shareholders re-appointed KPMG LLP as auditor at the June 29, 2026 meeting. According to Ero Copper, shareholders also authorized directors to fix auditor remuneration, with 97.47% of votes cast in favour of KPMG’s re-appointment.
