On January 16, 2019, Waterton Global Resource Management, Inc. issued a letter to its fellow shareholders announcing its majority slate of 8 independent director candidates: Peter Kukielski, Richard Nesbitt, Mike Anglin, David Deisley, Emily Moore, Daniel Muniz Quintanilla, Ernesto Balarezo, and David Smith for election to Hudbay Minerals Inc.’s Board of Directors at the Company’s 2019 annual meeting of shareholders.