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Hecla Mining Company
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Hecla Mining Company

Retirement of Audit Committee Chair and Appointment of New Chair

| 8-K |Basic Materials

Summary

Hecla Mining Company announced the retirement of Mr. Stephen F. Ralbovsky from the Board of Directors, effective February 19, 2026. He had been serving as the Chair of the Audit Committee since 2016. Concurrently, Ms. Jill Satre was appointed as the new Chair of the Audit Committee, a position she has held since her appointment to the Board in October 2024. Ms. Satre also serves on the Governance and Social Responsibility Committee and brings extensive experience from her roles at TC Energy Corporation and PricewaterhouseCoopers.

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About Hecla Mining Company

Hecla Mining Company is a prominent player in the precious metals mining industry, primarily focusing on the production of silver and gold. Founded in 1891, Hecla is one of the oldest mining companies in North America, with a rich history of resource extraction and development across the continent. The company operates several mines, including the Greens Creek mine in Alaska and the Lucky Friday mine in Idaho, which are among the top-producing silver mines in the United States. Hecla's operations are heavily involved in the exploration, development, and production of mineral assets, which contribute significantly to the precious metals markets. Hecla Mining's strategic initiatives are geared towards enhancing operational efficiency and expanding its resource base, thus ensuring a robust supply chain in the silver and gold sectors. This positions the company as a critical player in meeting industrial demand for these metals, used widely in electronics, currency, and jewelry. Hecla's expertise and long-standing presence in the industry mark it as a substantial contributor to the mining sector's growth and stability.

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