Dr. Rui Feng reports

SILVERCORP PUBLISHES FISCAL 2026 SUSTAINABILITY REPORT

Silvercorp Metals Inc. has published its annual sustainability report for the year ended March 31, 2026 (fiscal 2026), detailing the company's environmental, social and governance (ESG) commitments, performance, and targets.

"In fiscal 2026, Silvercorp expanded its geographic footprint with the addition of the Tulkubash and Kyzyltash gold projects in Kyrgyzstan. As we advance these projects, we are committed to continually strengthening our responsible mining practices and governance standards across our growing global portfolio," said Dr. Rui Feng, chair and chief executive officer of Silvercorp. "This year's report outlines the progress we have made in integrating sustainability considerations into our corporate strategy, operational decision making and risk management, while strengthening accountability, transparency and long-term value creation for our stakeholders."

Highlights of Silvercorp's fiscal 2026 sustainability report

Environment

• Reduced freshwater withdrawal intensity by 46 per cent from the company's 2020 baseline;
• Invested $3.7-million in environmental protection, a 64-per-cent increase over fiscal 2025;
• Recorded zero significant environmental incidents.

Social

• Delivered more than 25,000 hours of production safety training, a 34-per-cent increase over the previous year;
• Invested $3.2-million in local community initiatives, a 134-per-cent increase over the previous year;
• Achieved a 72-per-cent local employment rate across global operations, a 10-per-cent increase over the previous year.

Governance

• Conducted 87 compliance training sessions, with 6,008 participations and an average of 3.28 training hours per person;
• Strengthened governance through the addition of two new corporate policies: the Waste and Emissions Management Policy and the Information Security Management Policy.

Reporting frameworks

The report has been prepared with reference to the Global Reporting Initiative (GRI) Standards, the United Nations Sustainable Development Goals (SDGs), the relevant aspects of the Task Force on Climate-Related Financial Disclosures (TCFD), the Global Industry Standard on Tailings by the International Council on Mining and Metals (ICMM), and the Sustainability Accounting Standards Board (SASB) standard on metals and mining.

The full 2026 sustainability report is available for download at the company's website, along with the applicable ESG data tables and GRI indices.

About Silvercorp Metals Inc.

Silvercorp is a Canadian mining company producing silver, gold, lead and zinc with a long history of profitability and growth potential. The company's strategy is to create shareholder value by 1) focusing on generating free cash flow from long-life mines; 2) organic growth through extensive drilling for discovery; 3) continuing merger and acquisition efforts to unlock value; and 4) long-term commitment to responsible mining and ESG.

We seek Safe Harbor.