HECLA MINING CO/DE/

Code

A

Shares

6,258

Price

$15.98

Footnotes

7

Mr. Absolom was awarded (i) 19,802 restricted stock units on June 21, 2023, 19,342 restricted stock units on June 21, 2024, and 17,182 restricted stock units on June 23, 2025. One-third of those restricted stock units vested on June 22, 2026. To cover his tax liability on those vested units, Hecla Mining Company withheld 7,070 shares. Consists of 11,705 shares held directly, 16,613 shares in 401(k) Plan, 42,782 unvested performance-based rights, and 24,159 unvested restricted stock units. Award of restricted stock units that vest as follows: 2,086 shares on June 21, 2027, 2,086 on June 21, 2028, and 2,086 shares on June 21, 2029. See footnote 2. Held as 1,389.383 units in Mr. Absolom's 401(k) account under the Hecla Mining Company Capital Accumulation Plan and estimated to be 16,613 shares. Mr. Absolom was awarded performance rights representing the contingent right to receive between $100,000 and $200,000 worth of Hecla Mining Company common stock based on Hecla Mining Company's Total Shareholder Return performance over the 3-year period (January 1, 2026 to December 31, 2028) relative to our peers. Examples of the potential grant of shares to Mr. Absolom under this plan are as follows: 100th percentile rank among peers = maximum award at 200% of target ($200,000) in stock); 50th percentile rank among peers = target award at grant value ($100,000 in stock), and 0 percentile rank among peers = threshold award below 25% of target. See footnote 2.