Mr. Jed Richardson reports

SAFI SILVER ANNOUNCES RESULTS OF ANNUAL GENERAL AND SPECIAL MEETING

All matters presented to shareholders in Safi Silver Corp.'s management information circular dated Aug. 31, 2026, were approved by shareholders at the annual general and special meeting of shareholders of the company held on Oct. 15, 2026. Shareholders at the meeting approved fixing the number of directors of the company at five, the election of each of the director nominees set out in the circular, being Jed Richardson, Larisa Sprott, Daye Kaba, Gabriel Ollivier and Grant Sboros, the appointment of McGovern Hurley LLP, chartered accountants, as auditor of the company, and the reapproval of the company's stock option plan.

Safi Silver management would like to thank shareholders for their participation and continuing support.

About Safi Silver Corp.

Safi Silver is a publicly traded Canadian exploration and development company with a core focus on copper and silver holdings in mining-friendly African jurisdictions. In Morocco, the company is advancing two exploration projects: Addana, which hosts silver-bearing polymetallic veins, and Silver Hill, a sedimentary copper prospect undergoing continuing evaluation. In Namibia, Safi Silver holds the Kalahari copperbelt project.

We seek Safe Harbor.