TORONTO, March 4, 2024 – Sierra Metals Inc. announces the appointment of Astolfo Romero as Vice President, Health & Safety, effective March 1, 2024, taking over from the retiring Felix Guerra. This strategic move underscores the company’s commitment to elevating its health and safety protocols and achieving industry-leading standards.

Strategic Leadership Transition

Ernesto Balarezo, CEO of Sierra Metals, expressed enthusiasm for Romero’s appointment, highlighting his vast experience and deep passion for health and safety. Romero’s background in systems engineering, coupled with over three decades of experience in the oil, gas, and mining sectors, positions him as an ideal leader to drive Sierra Metals’ health and safety agenda forward. Balarezo also extended heartfelt gratitude to Felix Guerra for his significant contributions, particularly in enhancing the company’s safety culture and practices during his tenure.

Background and Expertise of Astolfo Romero

Astolfo Romero comes to Sierra Metals with a robust educational background, including a Master’s degree in Engineering Security, Health, and Environment, and a Master’s degree in Mining Industry Management. His previous roles span various management positions at Volcan Compania Minera (Glencore), where he made significant strides in Health & Safety, Operational Excellence, and Human Development. Romero’s extensive experience and specialized education are set to play a pivotal role in Sierra Metals’ journey towards setting new benchmarks in health and safety standards across its operations.

Sierra Metals’ Continuous Growth and Safety Commitment

As a Canadian mining company focused on copper production, Sierra Metals is dedicated to not only increasing production volumes but also ensuring the highest safety standards are met across its mines. With Romero at the helm of Health & Safety, the company is poised for a new chapter of operational excellence and safety. Sierra Metals remains committed to exploring new opportunities for growth while maintaining a steadfast focus on the wellbeing of its workforce and the environment. Romero’s leadership is expected to significantly contribute to Sierra Metals’ mission of becoming best in class in health and safety within the mining industry.

With this strategic appointment, Sierra Metals reinforces its dedication to upholding and enhancing health and safety standards. The addition of Astolfo Romero to the team is a clear indicator of the company’s commitment to its employees’ welfare and its ambition to set a new precedent in mining industry safety practices.