Pan American Silver Consolidated Portfolio

Pan American Silver Corp. consolidated portfolio. As of June 30, 2025, attributable proven and probable silver mineral reserves were approximately 452.3 Moz Ag and ~5.9 Moz Au across 13 operating mines + Escobal C&M + development/reclamation properties. Reserves figures exclude any attributed mineral resources or reserves from the Juanicipio mine (44% acquired via MAG Acquisition in September 2025), Pico Machay and La Pepa projects. 2025 consolidated attributable production: 22.8 Moz Ag and 742.2 koz Au across 12 producing mines. 2026 guidance: 25.0-27.0 Moz Ag, 700-750 koz Au; Silver Segment AISC $15.75-$18.25/oz; Gold Segment AISC $1,700-$1,850/oz.