The board of First Quantum Minerals Ltd. (traded as TSX: FM and OTC: FQVLF) announced the outcome of its 2026 annual shareholders meeting held on May 7, 2026. Shareholders representing a substantial portion of the company’s capital participated, providing a clear mandate for the slate of nominees presented in the management information circular. The meeting results were filed on Sedarplus, reinforcing the company’s commitment to regulatory transparency and investor disclosure.
The total number of shares voted at the meeting was 705,755,150, which represented 84.60% of the company’s issued and outstanding shares. With that level of participation, the nominees listed in the management materials were elected as directors. The following sections summarize the vote distribution, individual tallies and what the results mean for governance and ongoing projects.
Table of Contents:
Meeting overview and turnout
The turnout — shares voted versus the total issued and outstanding — underscores active engagement by the registry and major holders in First Quantum’s governance. A high participation rate like 84.60% typically signals investor interest in corporate strategy and stewardship. The company also noted that the detailed results have been posted on Sedarplus for stakeholders who wish to review the official filings and proxies.
Director vote breakdown
Vote results for the director elections are presented below in the same order as the management information circular. Each nominee received an affirmative majority. For clarity, the votes cast for and withheld are listed with exact share counts and percentages. The first group of directors and their tallies: Alison C. Beckett — 695,405,033 votes for and 7,179,209 withheld (98.98% for, 1.02% withheld); Peter Buzzi — 699,291,375 for and 3,292,867 withheld (99.53% for, 0.47% withheld); Geoff Chater — 686,653,834 for and 15,930,408 withheld (97.73% for, 2.27% withheld); Kathleen A. Hogenson — 692,023,720 for and 10,560,522 withheld (98.50% for, 1.50% withheld); C. Kevin McArthur — 692,670,837 for and 9,913,405 withheld (98.59% for, 1.41% withheld).
Remaining board members and voting pattern
The second group of nominees likewise earned strong support: Juanita Montalvo — 700,644,342 for and 1,939,900 withheld (99.72% for, 0.28% withheld); Brian Nichols — 695,391,310 for and 7,192,932 withheld (98.98% for, 1.02% withheld); A. Tristan Pascall — 700,728,564 for and 1,855,678 withheld (99.74% for, 0.26% withheld); Simon J. Scott — 699,585,739 for and 1,903,762 withheld (99.73% for, 0.27% withheld); and Hanjun (Kevin) Xia — 700,680,500 for and 1,903,742 withheld (99.73% for, 0.27% withheld). These figures reflect broad investor support for the company’s governance slate.
Operational status and corporate context
Beyond governance, First Quantum provided an operational snapshot. The company continues to produce copper, nickel and gold, while maintaining exploration and development programs. Existing operations include active mines in Zambia and Mauritania. The company also noted specific care statuses for larger projects: the Cobre Panamá mine remains in Preservation and Safe Management following the company’s November 2026 decision, and the Ravensthorpe operation was placed into care and maintenance in May 2026.
On the development and exploration front, First Quantum highlighted progress at the Taca Taca copper-gold-molybdenum project in Argentina, and ongoing exploration at the La Granja and Haquira copper deposits in Peru. These projects remain central to the company’s long-term strategy to replenish and grow its resource base while supporting future production pipelines.
Further information and contacts
Stakeholders seeking more detail can consult the filed meeting materials on Sedarplus or reach out directly to First Quantum’s investor relations and media teams. For investor inquiries contact Bonita To, Director, Investor Relations at (416) 361-6400 or toll-free 1 (888) 688-6577, or by email at info@fqml.com. For media relations, contact James Devas, Manager, Corporate Affairs at +44 207 291 6630 or by email at james.devas@fqml.com.
The company’s website, www.first-quantum.com, contains corporate documents, strategy updates and the full proxy and voting disclosure for the 2026 annual meeting. The vote totals and the high participation rate provide a clear governance outcome as First Quantum advances its operational and development priorities.