Buenaventura announces leadership transition

Lima, Peru, March 30, 2017 – Compañia de Minas Buenaventura S.A.A. (“Buenaventura” or “the Company”) (NYSE: BVN; Lima Stock Exchange: BUE.LM), Peru’s largest publicly-traded precious metals mining company, today announced that Mr. Igor Gonzales, Vice President of Operations of Buenaventura, is leaving the Company effective April 30, 2017 due to personal reasons. Mr. Raul Benavides, Vice-president of Business Development, has been appointed to serve as interim VP of Operations upon his departure.

Mr. Gonzales assumed this role in November 2014 and since then has made important contributions in operations, occupational safety and continuous improvement. He will continue to exercise his position as Buenaventura´s Board Member in accordance with the resolutions of the General Shareholders Meeting held on March 28, 2017.