First Quantum Provides Notice of Conference Call ON Status of Cobre Panamá

NEWS RELEASE

23-01

January 9, 2023

www.first-quantum.com

FIRST QUANTUM PROVIDES NOTICE OF CONFERENCE CALL

ON STATUS OF COBRE PANAMÁ

Toronto, Ontario (January 9, 2023) - First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX: FM)

today announced that it will host a conference call and webcast on Tuesday, January 10, 2023, at 8:30 a.m. (EST)

to discuss developments in Panamá regarding the status of the Cobre Panamá mine operated by its subsidiary

Minera Panamá, S.A.

Conference call and webcast details:

Toll-free North America: 1-800-319-4610

Toll-free International: +1-604-638-5340

Webcast: www.first-quantum.com

A replay of the webcast and transcript of the conference call will be available on the First Quantum website.

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

Bonita To, Director, Investor Relations

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

E-Mail: [email protected]