Votorantim S.A. Signs Agreement to Sell Controlling Stake in Nexa Resources to Boliden

Luxembourg, Luxembourg--(Newsfile Corp. - August 27, 2026) - Nexa Resources S.A. (NYSE: NEXA) ("Nexa" or the "Company") announces that Votorantim S.A. ("Votorantim" or "VSA") has entered into a definitive agreement with Boliden AB ("Boliden") for the sale of its controlling stake in Nexa. Upon completion, and subject to the applicable corporate and regulatory approvals, control of the Company will be transferred to Boliden.

Under the terms of the agreement, Votorantim will transfer its Nexa shares to Boliden through a share-for-share exchange, receiving 0.250 newly issued Boliden common shares for each Nexa common share. Upon completion, Boliden is expected to hold 64.68% of Nexa's total shares and voting rights, becoming the Company's controlling shareholder, and Votorantim is expected to hold approximately 7% of Boliden's total shares and voting rights. Votorantim will have the right to propose one representative for election to Boliden's Board of Directors, subject to the terms of the transaction agreement and receipt of the required Swedish Foreign Direct Investment approval.