| Schedule of ownership percentages |
|
|
|
|
|
|
| |
Percentage of
shares |
Company Controls |
Headquarter |
Functional
Currency |
Activities |
| 2025 |
2024 |
| Subsidiaries |
|
|
|
|
|
|
| Nexa Recursos Minerais S.A. - "NEXA BR" |
100 |
100 |
Directly |
Brazil |
Real – BRL |
Mining / Smelting |
| Nexa Resources Cajamarquilla S.A. - "NEXA CJM" |
99.91 |
99.91 |
Directly |
Peru |
US Dollar - USD |
Smelting |
| Nexa Resources US. Inc. |
100 |
100 |
Directly |
United States |
US Dollar – USD |
Trading |
| Exploraciones Chimborazo Metals & Mining |
100 |
100 |
Directly |
Ecuador |
US Dollar – USD |
Holding and others |
| L.D.O.S.P.E. Geração de Energia e Participações Ltda. – “L.D.O.S.P.E." |
100 |
100 |
Indirectly |
Brazil |
Real – BRL |
Energy |
| L.D.Q.S.P.E. Geração de Energia e Participações Ltda. – "L.D.Q.S.P.E." |
100 |
100 |
Indirectly |
Brazil |
Real – BRL |
Energy |
| L.D.R.S.P.E. Geração de Energia e Participações Ltda. – "L.D.R.S.P.E." |
100 |
100 |
Indirectly |
Brazil |
Real – BRL |
Energy |
| Mineração Santa Maria Ltda. (i) |
100 |
99.99 |
Indirectly |
Brazil |
Real – BRL |
Mining projects |
| Pollarix S.A. - "Pollarix" (ii) |
33.33 |
33.33 |
Indirectly |
Brazil |
Real – BRL |
Energy |
| Karmin - Holding Ltda. |
100 |
100 |
Indirectly |
Brazil |
Real - BRL |
Holding and others |
| Mineração Rio Aripuaña Ltda. |
100 |
100 |
Indirectly |
Brazil |
Real – BRL |
Holding and others |
| Votorantim Metals Canada Inc. |
100 |
100 |
Indirectly |
Canada |
Canadian dollar – CAD |
Holding and others |
| Nexa Resources El Porvenir S.A.C. |
99.99 |
99.99 |
Indirectly |
Peru |
US Dollar – USD |
Mining |
| Nexa Resources Perú S.A.A. - "NEXA Peru" |
83.37 |
83.37 |
Indirectly |
Peru |
US Dollar – USD |
Mining |
| Votorantim Internacional CSC S.A.C. (iii) |
100 |
- |
Indirectly |
Peru |
US Dollar – USD |
Others |
| Nexa Resources Atacocha S.A.A. - "NEXA Atacocha" (iv) |
83.00 |
86.65 |
Indirectly |
Peru |
US Dollar – USD |
Mining |
| Nexa Resources UK Ltd. - "NEXA UK" |
100 |
100 |
Indirectly |
United Kingdom |
US Dollar – USD |
Mining |
| Nexa Energy Comercializadora de Energia Ltda. |
100 |
100 |
Indirectly |
Brazil |
Real – BRL |
Energy |
| Associates |
|
|
|
|
|
|
| Campos Novos Energia S.A. - "Enercan" |
22.44 |
22.44 |
|
Brazil |
Real – BRL |
Energy |
(i) During 2025, one (1) share was transferred free
of charge from Votorantim S.A. to Nexa Recursos Minerais S.A. As a result of this transaction, Nexa Recursos Minerais S.A. came to hold
100% of the share capital of Mineração Santa Maria Ltda.
(ii) Nexa, through its wholly owned subsidiary NEXA
BR, holds 100% of the common shares of Pollarix, representing 33% of the total shares outstanding, which carry all voting rights. Auren,
a subsidiary of VSA, holds 100% of the preference shares outstanding, representing 67% of the total shares outstanding, which entitles
it to receive dividends 93% higher than the amount received by the common shareholder.
(iii) In January 2025, the subsidiary Nexa Peru acquired
100% of the equity interest in a new subsidiary, Votorantim CSC S.A.C., a provider of shared administrative, tax, and accounting services,
from its majority shareholder Votorantim S.A. The acquisition included a net asset value of USD 949, with a purchase price of USD 924,
resulting in a gain of USD 25 recognized in profit or loss. The transaction had a net positive cash effect of USD 997, calculated as the
difference between the cash and cash equivalents of the acquired subsidiary and the amount paid at the acquisition date.
(iv) For further details about this change refer to
note 30 (h).
|