Company Overview

Ero Copper Corp. is a publicly traded base metals mining company focused on the exploration, development, and production of copper and gold assets. The company operates primarily in the mining and metals industry, with a strategic emphasis on copper production, reflecting copper’s role in electrification, renewable energy infrastructure, and global decarbonization trends. Its revenues are predominantly generated from the production and sale of copper concentrates, with gold as a meaningful by-product credit.

The company’s core operations are centered in Brazil, where it has established itself as one of the country’s leading copper producers. Ero Copper’s competitive positioning is supported by relatively high-grade ore bodies, established processing infrastructure, and long-life mineral reserves. The company traces its origins to the acquisition and development of Brazilian copper assets previously owned by larger mining operators, evolving into an independent public company following its listing and subsequent expansion of production capacity and resource base.

Business Operations

Ero Copper conducts its operations through two primary operating segments: Mining Operations and Development & Exploration. The Mining Operations segment includes the production of copper concentrates with gold by-products from its operating mines, which represent the company’s principal source of revenue. Ore is extracted, processed on-site, and sold to international smelters under offtake agreements, with pricing linked to global copper benchmarks.

The company’s principal operating assets include the Caraíba Operations in Bahia State and the Xavantina Operations in Mato Grosso State. Ero Copper also controls the Tucumã Project, a large-scale copper development project designed to materially increase annual production. Operations are supported by owned processing facilities, mining fleets, and regional infrastructure, and are conducted through wholly owned Brazilian subsidiaries.

Strategic Position & Investments

Ero Copper’s strategic direction centers on organic growth through mine expansion, brownfield exploration, and disciplined capital investment aimed at increasing copper output while maintaining cost competitiveness. A major pillar of this strategy is the construction and ramp-up of the Tucumã Project, which represents one of the most significant recent investments and is expected to transform the company into a higher-volume copper producer.

In addition to copper, the company has invested in precious metals exposure through its ownership of the Xavantina Operations, which provides gold production and diversification of cash flows. Ero Copper continues to invest in exploration programs across its land package to extend mine life and convert mineral resources into reserves, while selectively evaluating acquisition opportunities that align with its Brazil-focused operating expertise.

Geographic Footprint

Ero Copper’s operational footprint is concentrated in Brazil, where all producing and development assets are located. The company’s headquarters are in Vancouver, Canada, providing access to North American capital markets, while its operational headquarters and workforce are primarily based in Bahia and Mato Grosso, regions with established mining jurisdictions and infrastructure.

Although production is Brazil-centric, Ero Copper has an international commercial presence through the sale of copper concentrates to customers in Asia, Europe, and other global markets. This international exposure links the company’s financial performance to global copper demand and commodity pricing, despite its geographically focused asset base.

Leadership & Governance

Ero Copper is led by a management team with extensive experience in mining operations, project development, and capital markets, particularly within Latin America. The leadership emphasizes operational excellence, disciplined capital allocation, and a long-term approach to asset development aligned with shareholder value creation.

Key executives include:

• Makko DeFilippo – President and Chief Executive Officer
• David Strang – Chair of the Board
• Drew Horn – Chief Financial Officer
• Darren Pylot – Vice President, Mining
• Lucas Dow – Vice President, Exploration

The company is governed by an independent board of directors overseeing strategy, risk management, and regulatory compliance, consistent with standards applicable to publicly listed mining companies in North America.