Hudbay Minerals Inc. (“Hudbay”) GREEN FORM OF PROXY (“GREEN PROXY”) Annual General and Special Meeting Tuesday, May 7, 2019 at 10:00 a.m. Eastern Time Vantage Venues, St. Andrew’s Hall, 150 King Street West, 27th Floor Toronto, ON This Green Proxy is solicited by management of Hudbay RECORD DATE: CONTROL NUMBER: SEQUENCE #: FILING DEADLINE FOR PROXY: March 29, 2019 Friday, May 3, 2019 at 10:00 a.m. Eastern Time The undersigned hereby appoints Alan R. Hibben, Chair of Hudbay, or failing him, Alan Hair, President and Chief Executive Officer of Hudbay (the “Management Nominees”), or instead of any of them, the following Appointee: as proxyholder on behalf of the undersigned with the power of substitution to attend, act and vote for and on behalf of the undersigned in respect of all matters that may properly come before the Meeting and at any adjournment(s) or postponement(s) thereof, to the same extent and with the same power as if the undersigned were personally present at the said Meeting or such adjournment(s) or postponement(s) thereof in accordance with voting instructions, if any, provided below. FOR WITHHOLD a) b) c) d) e) f) g) h) i) j) k) Carol T. Banducci Igor A. Gonzales Alan Hair Alan R. Hibben Sarah B. Kavanagh Carin S. Knickel Colin Osborne Kenneth G. Stowe Richard Howes Michael Anglin David Smith FOR WITHHOLD Appointment of Deloitte LLP as Auditors of the Corporation for the ensuing year and authorizing the Directors to fix their remuneration. FOR AGAINST Adopt By-law No. 2, relating to advance notice requirements for Director elections. FOR AGAINST On an advisory basis, and not to diminish the role and responsibilities of Hudbay's Board, you accept the approach to executive compensation disclosed in our 2019 management information circular. This proxy revokes and supersedes all earlier dated proxies and MUST BE SIGNED Signature of registered owner(s)Date (MM/DD/YYYY) PLEASE PRINT NAME 4. Say on Pay Advisory Vote 3. Adoption of By-law No. 2 2. Appointment of Auditors 1. Election of Directors - SEE VOTING GUIDELINES AND CONDITIONS ON REVERSE - RESOLUTIONS – MANAGEMENT VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT ABOVE THE BOXES Please print appointee name VOTING METHODS INTERNET Go to www.voteproxyonline.com and enter the 12 digit control number above FACSIMILE 416-595-9593 MAIL or HAND DELIVERY TSX Trust Company 301 - 100 Adelaide Street West Toronto, Ontario, M5H 4H1
