FM.TO · 2020-03-30 12:00:00

First Quantum Provides Notice of Annual and Special Meeting of Shareholders and Filing of Annual Disclosure and Regulatory Documents

Shareholder Meetings

NEWS RELEASE

20-10

March 30, 2020

www.first-quantum.com

FIRST QUANTUM PROVIDES NOTICE OF ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS AND FILING

OF ANNUAL DISCLOSURE AND REGULATORY DOCUMENTS

Toronto, Ontario (March 30, 2020) - First Quantum Minerals Ltd. (“FQM” or the “Company”) (TSX: FM) provides

notice that the Annual and Special Meeting of S hareholders will take p lace on May 7 2020, at 09:30 am EDT online

through the Company’s we bsite (www.first-quantum.com) or directly at https://web.lumiagm.com/286180665 and

at Vantage Venues, 150 King St. West, 27th Floor, Toronto, ON, M5H 1J9, Canada.

ANNUAL DISCLOSURE DOCUMENTS

The Company’s 2019 Annual Report and the 2020 Notice & Access Document, Combined Notice and Management

Information Circular, Proxy Form, Financial Statements Request Form and Voting Instruction Form are now available

online at https://www.first-quantum.com/English/investors/investor-briefcase/default.aspx.

UPDATED NATIONAL INSTRUMENT 43-101 TECHNICAL REPORT FOR SENTINEL AND ENTERPRISE

In addition, the Company also filed with Canadian securities regulators a National Instrument 43-101 technical report

for the Trident Project which comprises the Sentinel Mine and the Enterprise development project. The purpose of

this update i s to document updated Mineral Resource and Mineral Reserve estimates for the property , provide

commentary on the current status of operations at Sen tinel, especially in regard to the expected increase in copper

ore processing capacity to 62 million tonnes per year with the inclusion of the fourth crusher and to provide an

update on the proposed resumption of site development works at Enterprise and the concepts for commenc ement

of nickel ore processing at some point in the future . The technical report has an effective date of December 31,

2019 and is available on www.sedar.com under First Quantum’s profile.

For further information, visit our website at www.first-quantum.com

North American contact: Lisa Doddridge, Director, Investor Relations

Tel: (416) 361-6400 Toll-free: 1 (888) 688-6577

UK contact: Clive Newall, President

Tel: +44 7802 721663