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CONSENT OF QUALIFIED PERSON

I, Christopher Emerson, consent to the public filing by Pan American Silver Corp. of the technical report titled “NI 43-101 Technical Report for the La Colorada Property, Zacatecas, Mexico” with an effective date of March 24, 2026.

Dated May 6, 2026.

/s/ Christopher Emerson    

Christopher Emerson, FAusIMM