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First Quantum Publishes 2022 ESG Report and Provides Notice of Inaugural ESG Day

Corporate Updates

NEWS RELEASE

23-18

May 15, 2023

www.first-quantum.com

FIRST QUANTUM PUBLISHES 2022 ESG REPORT AND

PROVIDES NOTICE OF INAUGURAL ESG DAY

Toronto, Ontario (May 15, 2023) - First Quantum Minerals Ltd. (“First Quantum” or “the Company”) (TSX:

FM) has published its primary sustainability report for 2022. The Environment, Social and Governance

(“ESG”) Report is the Company’s seventh report setting out its sustainability performance.

“At First Quantum, we are proud of the contribution that mining makes to our communities and society ,”

commented Tristan Pascall, Chief Executive Officer. “Mining has a fundamental role to play in provid ing

the metals that are integral to the world’s decarbonization commitments. We embrace the role that we

have to play as a responsible miner in delivering these metals through socially responsible and

environmentally sensitive production.”

The Company will host a virtual ESG Day on Tuesday, June 13, 2023 at 9:00 am (ET). First Quantum will

present on its approach to a number of sustainability topics that are significant to the business. To

participate in Q&A, participants can use the virtual link or dial-in number below.

ESG Day conference call and webcast details:

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

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

Webcast: Direct link or on our website

A replay of the webcast , the transcript and the presentations 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]