# Raman Randhawa

SVP and CFO

## Career chronology

- **Date not independently established; role reported in issuer source: Capstone Copper** — SVP and CFO. [2025 Annual Information Form](<https://capstonecopper.com/wp-content/uploads/2026/03/Annual-Information-Form-2025-Final.pdf>) (Directors and Officers, executive table)

## Education and qualifications

### Role history and reported qualifications [randhawa_background]

through October 2026 · issuer reported · medium materiality

Capstone reports he joined in 2018 after thirteen years at Goldcorp in finance and business-planning roles, and reports a Canadian CPA, CA designation.

**Attribution:** Responsibility not applicable. Positions and education are reported by issuers; independent credential verification is incomplete.

**Relevance:** Relevant role history, with limits on dates and credential verification.

[Senior and corporate leadership](<https://capstonecopper.com/about-us/leadership/>) (Raman Randhawa biography); [2025 Annual Information Form](<https://capstonecopper.com/wp-content/uploads/2026/03/Annual-Information-Form-2025-Final.pdf>) (Directors and Officers)

## Business failures and setbacks

### Recent production and cost deterioration [randhawa_production]

July–October 2026 · issuer reported · medium materiality

Capstone reported Q3 2026 copper output of 45,218 tonnes, 18% lower year-on-year, and C1 costs of US$2.95/lb versus US$2.42/lb. It attributed lower production in part to Pinto Valley unplanned maintenance and a planned shutdown; crusher commissioning identified additional repairs.

**Attribution:** Role overlaps event; causation unproven. Company-wide outcome during senior management tenure; the sources do not attribute specific decisions or causation to this individual.

**Relevance:** Relevant operating and financial context.

[Third Quarter 2026 Results](<https://capstonecopper.com/news/capstone-copper-reports-third-quarter-2026-results/>) (Consolidated Production and Pinto Valley)

## Evidence gaps

- Independent identity, career and credential verification remains incomplete.

- Targeted searches do not establish absence of adverse records or exhaust applicable court, regulatory and local-language sources.

- The prior per-person topic search log could not be verified against retained execution records. Topic coverage and absence of adverse records are not established.