Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-17

Southern Copper (SCCO)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,298,630
Oscar González Rocha total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
99.55%
Say-on-pay support, latest vote
Companies that benchmark against SCCO
No companies currently name SCCO as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Oscar González Rocha$458,171$103,089$737,370$1,298,630
President and CEO
Julian Jorge Lazalde234,250259,85589,794583,898
Secretary
Raúl Jacob160,29518,270336,515515,080
Vice President Finance and CFO
Lina Vingerhoets101,0906,331194,083301,504
Comptroller
Juan Fernando Nuñez Chavez92,84117,729166,122276,692
Vice President, Exploration

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Oscar González Rocha$1,298,630$1,208,377$1,171,116+90,253
Julian Jorge Lazalde583,898416,260443,251+167,638
Raúl Jacob515,080458,875408,649+56,205
Lina Vingerhoets301,504252,883236,391+48,621
Juan Fernando Nuñez Chavez276,692

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation practices are designed to comply with the requirements of Peruvian and Mexican law and with its goals to retain key executives and reward them appropriately for positive results. The Company does not provide compensation tied to specific pre-determined individual or Company performance criteria or long-term incentive compensation; instead, bonuses are discretionary and based on financial performance, capital investment plans, and liquidity.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-29785,220,6713,578,467286,59199.55%Passed
20252025-05-23755,607,0194,452,948280,99699.41%Passed
20242024-05-24715,875,9543,865,532404,81299.46%Passed
20232023-05-26713,061,5176,545,711430,02699.09%Passed
20222022-05-27723,496,6607,664,236555,35998.95%Passed
20212021-05-28724,901,3947,735,974284,86198.94%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2999.55%a
20252025-05-2399.41%b
20242024-05-2499.46%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Luis Miguel Palomino BonillaIndependent · Special Nominating · Audit · ESG/Sustainability$130,000$163,588$293,588
Vicente Ariztegui AndreveIndependent · Audit · Sustainability (Chair) · Executive · Special Nominating · ESG/Sustainability (Chair)130,000163,588293,588
Enrique Castillo Sánchez MejoradaIndependent · Audit · Sustainability · Compensation · Special Nominating · ESG/Sustainability124,000163,588287,588
Javier Arrigunaga Gomez del CampoIndependent · Not standing for re-election52,000163,588215,588
Jose Pedro Valenzuela RiondaIndependent52,000163,588215,588
Germán Larrea Mota-VelascoIndependent · Board Chair · Corporate Governance · Compensation · Executive52,000163,588215,588
Leonardo Contreras Lerdo de TejadaEmployee director · Corporate Governance · Special Nominating · Executive · Compensation52,000163,588215,588
Carlos Ruiz SacristánIndependent · Special Nominating and Executive Committees · Special Nominating52,000163,588215,588
09

Board fee structure and ownership guideline

Annual cash retainer$20,000
Annual equity retainer$1,600
Per board meeting fee$13,000
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$644,000
Equity awards (grant-date value)$1,308,704
All other compensation$0
Total cost of the board$1,952,704

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Southern Copper2025Oscar González Rocha$458,171$1,298,630

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Oscar González RochaDEF 14A2026-04-170001104659-26-044982Section “Executive Compensation”. As printed: 1,298,630. Filing ↗
2Section 01, Julian Jorge LazaldeDEF 14A2026-04-170001104659-26-044982Section “Executive Compensation”. As printed: 583,898. Filing ↗
3Section 01, Raúl JacobDEF 14A2026-04-170001104659-26-044982Section “Executive Compensation”. As printed: 515,080. Filing ↗
4Section 01, Lina VingerhoetsDEF 14A2026-04-170001104659-26-044982Section “Executive Compensation”. As printed: 301,504. Filing ↗
5Section 01, Juan Fernando Nuñez ChavezDEF 14A2026-04-170001104659-26-044982Section “Executive Compensation”. As printed: 276,692. Filing ↗
6Section 08, Luis Miguel Palomino BonillaDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 293,588. Filing ↗machine: span 687431–687438
7Section 08, Vicente Ariztegui AndreveDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 293,588. Filing ↗machine: span 674190–674197
8Section 08, Enrique Castillo Sánchez MejoradaDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 287,588. Filing ↗machine: span 680819–680826
9Section 08, Javier Arrigunaga Gomez del CampoDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 215,588. Filing ↗machine: span 677382–677389
10Section 08, Jose Pedro Valenzuela RiondaDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 215,588. Filing ↗machine: span 694420–694427
11Section 08, Germán Larrea Mota-VelascoDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 215,588. Filing ↗machine: span 667047–667054
12Section 08, Leonardo Contreras Lerdo de TejadaDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 215,588. Filing ↗machine: span 684004–684011
13Section 08, Carlos Ruiz SacristánDEF 14A2026-04-170001104659-26-044982Section “Director Compensation”. As printed: 215,588. Filing ↗machine: span 690608–690615
14Section 06, 2026 voteForm 8-K2026-07-170001104659-26-084713Item 5.07 · say-on-pay result. As reported: 99.55% (votes for as printed: 785,220,671). Filing ↗
15Section 06, 2025 voteForm 8-K2025-05-290001558370-25-008237Item 5.07 · say-on-pay result. As reported: 99.41% (votes for as printed: 755,607,019). Filing ↗
16Section 06, 2024 voteForm 8-K2024-05-280001558370-24-008690Item 5.07 · say-on-pay result. As reported: 99.46% (votes for as printed: 715,875,954). Filing ↗
17Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 09b board cost (computed)ComputedcomputedCash 644,000 + equity 1,308,704 + all other 0 = 1,952,704, summed across the director compensation table rows.machine: formula: Σ = 1,952,704
19Southern Copper (subject), Section 10b CEO totalDEF 14A2026-04-170001104659-26-044982CEO total compensation as printed in Southern Copper's own proxy. As printed: 1,298,630. Filing ↗