Nexa Resources S.A. Reports Voting Results from Annual and Extraordinary General Meetings
Rhea-AI Summary
Nexa Resources (NYSE:NEXA) held its Annual and Extraordinary General Meetings on June 25, 2026, with 93,445,211 shares voted, representing 70.56% of outstanding votes. Shareholders approved all resolutions, including 2025 accounts, board reelections, auditor appointment, and several Articles of Association amendments.
The meetings approved a share premium reimbursement totaling about US$17.5 million, or approximately US$0.132136 per common share, payable August 11, 2026, to shareholders of record on July 28, 2026.
Positive
- AGM and EGM quorum of 70.56% of outstanding votes
- 2025 annual accounts and consolidated financial statements approved with 100% of votes cast
- Share premium reimbursement of about US$17.5 million, or US$0.132136 per share
- High support for board reelection, many directors above 99% of votes cast
- Board remuneration and PwC auditor appointment approved with at least 99.84% support
- Renewal and increase of authorized share capital approved with over 92% support
Negative
- Authorization to limit or cancel preferential rights received only 0.89% support
News Market Reaction – NEXA
On the day this news was published, NEXA gained 3.13%, reflecting a moderate positive market reaction. Argus tracked a trough of -5.4% from its starting point during tracking. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $52M to the company's valuation, bringing the market cap to $1.70B at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| May 29 | Operational update | Positive | +6.9% | Cajamarquilla smelter restart progress with limited expected financial impact. |
| May 13 | Incident disclosure | Negative | +6.4% | Temporary suspension at Cajamarquilla smelter following a fire incident. |
| May 06 | Earnings results | Positive | -16.7% | Stronger 1Q26 revenues, EBITDA and net income with higher production. |
| Apr 24 | ESG report | Neutral | -2.4% | Release of 2025 Sustainability Report with externally assured ESG data. |
| Mar 26 | Regulatory filing | Neutral | +3.8% | Filing of 2025 Form 20-F and updated mineral resources report. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent news shows mixed reactions, with strong earnings and operational updates sometimes diverging from subsequent price moves.
Key Terms
articles of association regulatory
preferential rights regulatory
statutory auditor regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Luxembourg, Luxembourg--(Newsfile Corp. - June 25, 2026) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa Resources", "Nexa" or the "Company") announces that the Annual General Meeting of the Shareholders and the Extraordinary General Meeting of the Shareholders were successfully held today at its registered office.
A total of 93,445,211 shares were voted at the Annual General Meeting of the Shareholders and at the Extraordinary General Meeting of the Shareholders, representing
Shareholders voted in favor of all proposed resolutions, as follows:
| Resolution - AGM | % For | % Withheld |
| 1. Approve Annual Accounts 2025 | ||
| 2. Approve Consolidated Financial Statements 2025 | ||
| 3. Approve the share premium reimbursement and carry forward the loss for the year 2025 | ||
| 4. Grant discharge to all Board members | ||
| 5. Reelect Board members: | ||
| Flavio Aidar | ||
| Jaime Ardila | ||
| Gianfranco Castagnola | ||
| Daniella Dimitrov | ||
| Paulo De Moraes Macedo | ||
| Luis Ermírio De Moraes | ||
| Hilmar Rode | ||
| Edward Ruiz | ||
| Jane Sadowsky | ||
| 6. Remuneration of Board members | ||
| 7. Appointment of PricewaterhouseCoopers LLP as statutory auditor | ||
| Resolution - EGM | % For | % Withheld |
| 8. Authorized Share Capital: | ||
| Renew the authorization of the Board of Directors to increase the issued share capital | ||
| Increase the authorized share capital, and consequently amend article 5.7 of the Articles of Association | ||
| Approve the authorization of the Board to limit or cancel placing preferential rights in the context of any increase, and consequently amend article 5.10 of the Articles of Association | ||
| 9. Approve the amendment of article 11.1 of the Articles of Association | ||
| 10. Approve the amendments of articles 6.1, 13.4, 13.10 and 13.13 of the Articles of Association |
Mentioned percentages do not consider abstention votes, excluded from the calculation of votes cast.
Following the votes, the Annual General Meeting approved a share premium reimbursement to each shareholder of the Company amounting to approximately US
Detailed voting results are also available on EDGAR www.sec.gov and SEDAR+ www.sedar.ca.
About Nexa
Nexa is a large-scale, low-cost, integrated polymetallic producer, with zinc as our main product. We have over 65 years of experience developing and operating mining and smelting assets in Latin America. We currently own and operate five polymetallic mines - four long-life underground (two in the Central Andes region of Peru and two in Brazil, in the states of Minas Gerais and Mato Grosso) and one open-pit mine in the Central Andes region of Peru. We also own and operate three zinc smelters - two in the state of Minas Gerais, Brazil (Três Marias and Juiz de Fora), and one in Lima, Peru (Cajamarquilla), which is the largest zinc smelter in the Americas.
Cautionary Statement on Forward-Looking Statements
This document contains forward-looking statements within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended, as well as forward-looking information within the meaning of applicable Canadian securities legislation, including National Instrument 51-102 (collectively, "forward-looking statements"). All statements other than statements of historical fact are forward-looking statements. The words "believe," "will," "may," "would," "could", "should", "estimate," "continues," "anticipates," "intends," "plans," "expects," "budget," "scheduled," "forecasts", "targets", outlook", "guidance", "potential", "project", and similar expressions are intended to identify forward-looking statements.
Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those expressed or implied by such statements. These factors include, among others, volatility in zinc, copper, lead, silver and gold prices, by-product credits and treatment charges; exchange rate fluctuations, particularly in the Brazilian real and Peruvian sol against the U.S. dollar; availability and cost of critical inputs, including energy, transportation and labor; operational and health, safety and engineering risks inherent to underground and open-pit mining and zinc smelting, including process safety events, equipment failures and fires at smelting facilities; tailings storage facility integrity and management; community opposition, social license disruptions and blockades affecting access to our operations; labor disputes and relations with our workforce and with local communities; cybersecurity incidents and disruptions to information technology systems; execution risk on capital projects, and the risk that capital projects are not completed within expected timelines or budgets; political, regulatory, fiscal and institutional developments in Peru, Brazil and Luxembourg, and broader geopolitical developments, including trade restrictions, tariff changes and policy shifts affecting cross-border commerce, supply chains and capital markets; permitting, environmental regulation, and changes in mining legislation, taxation or government policies; physical climate risk, including the increasing severity and frequency of weather events, and transition risks associated with the global energy transition and decarbonization, including the risk of failing to meet announced sustainability and emissions targets; outbreaks of contagious or infectious diseases, pandemics, or other public health crises; the activities of competitors and global and regional economic conditions; and risks relating to ongoing or future regulatory matters or investigations involving the Company, its operations or customers, and any related impacts on our financial statements. The occurrence of one or more of these factors may materially impact our results of operations and the assumptions underlying our forward-looking statements.
Certain forward-looking statements are based on third-party data and market forecasts, which may not be accurate or current. Nexa does not guarantee such external data and assumes no obligation to update it except as required by law.
Material factors and assumptions on which our forward-looking statements are based include, among others: that demand for our products develops as expected; that customers and counterparties perform their contractual obligations; that operations are not disrupted by mechanical failures, supply constraints, labor disturbances, transportation or utility interruptions or adverse weather; that capital projects are executed within expected timelines and budgets; and that there are no material adverse variations in metal prices, exchange rates, or the cost of energy, supplies or transportation, nor material differences between estimated mineral reserves and mineral resources and actual recovered amounts, beyond those reflected in any specific assumptions disclosed in the materials accompanying this document.
Forward-looking statements speak only as of the date on which they are made, and Nexa undertakes no obligation to update or revise any forward-looking statement, except as required by applicable law.
Further information regarding risks and uncertainties associated with these forward-looking statements, and the assumptions, parameters and methods used to estimate our mineral reserves and mineral resources under National Instruments 43-101, can be found in Nexa's annual report on Form 20-F and in other public disclosures available on our website and filed with the SEC on EDGAR (www.sec.gov), with the Canadian Securities Administrators on SEDAR+ (www.sedarplus.ca).
For further information, please contact:
Investor Relations Team
ir@nexaresources.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/302918