Nexa Resources Prices Offering of US$600 Million 6.750% Senior Unsecured Notes Due 2034

LUXEMBOURG / ACCESSWIRE / April 3, 2024 / Nexa Resources S.A. ("Nexa Resources", "Nexa" or the "Company") (NYSE:NEXA) announced that it has priced today an offering of US$600 million 6.750% senior unsecured notes due 2034 (the "Notes"). Closing is expected to occur on April 9, 2024.

The Notes are guaranteed by Nexa Resources Cajamarquilla S.A. and Nexa Recursos Minerais S.A.

Nexa expects to use the proceeds of this offering primarily to fund a cash tender offer for its existing notes due 2027 and notes due 2028 that are validly tendered and accepted for purchase pursuant to the tender offers announced on April 1, 2024, and the remainder, if any, for general corporate purposes, including liability management transactions.

The Notes were offered and will be sold only to qualified institutional buyers in accordance with Rule 144A under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in accordance with Regulation S under the Securities Act. When issued, the Notes will not have been registered under the Securities Act or state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or other jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. Any offers of the Notes will be made only by means of a private offering memorandum.

About Nexa

Nexa is a large-scale, low-cost integrated zinc producer with over 65 years of experience developing and operating mining and smelting assets in Latin America. Nexa currently owns and operates five long-life mines, three of which are located in the central Andes region of Peru, and two of which are located in the state of Minas Gerais in Brazil. Nexa is ramping up Aripuanã, its sixth mine, in the state of Mato Grosso in Brazil. Nexa also currently owns and operates three smelters, two of which are located in the state of Minas Gerais in Brazil, and one of which is located in Cajamarquilla, Peru, which is the largest smelter in the Americas.