SILVERCORP METALS INC. (“the Company”)
REPORT OF VOTING RESULTS
This report is filed pursuant to Section 11.3 of National Instrument 51-102 – Continuous Disclosure Obligations and relates to the results of voting at the annual general and special meeting of the Company held on October 2, 2026.
| Item Voted Upon | Voting Results | ||||
|
Election of Directors |
All nominees proposed by management were elected to serve as directors until the Company’s next annual general meeting by requisite majority. Details of the voting were as follows: | ||||
| Votes For | Withheld | ||||
| Director | Number | Percentage | Number | Percentage | |
| Dr. Rui Feng | 99,650,180 | 98.86% | 1,145,865 | 1.14% | |
| Paul Simpson | 84,431,116 | 83.76% | 16,364,929 | 16.24% | |
| Yikang Liu | 89,143,361 | 88.44% | 11,652,683 | 11.56% | |
| Marina Katusa | 89,193,578 | 88.49% | 11,602,466 | 11.51% | |
| Ken Robertson | 89,620,059 | 88.91% | 11,175,986 | 11.09% | |
| Helen Cai | 89,637,726 | 88.93% | 11,158,319 | 11.07% | |
|
Appointment of Deloitte LLP as auditors of the Company and authorizing directors to fix their remuneration |
Resolution passed by requisite majority. Details of the voting were as follows:
Total shares voted in favour: 122,757,735 (99.67%) Total shares withheld: 404,738 (0.33%) | ||||
| Amendment of the Company’s Articles |
Resolution passed by requisite majority. Details of the voting were as follows:
Total shares voted in favour: 96,389,543 (95.74%) Total shares voted against: 4,287,268 (4.26%) | ||||
| Amended and Restated Share Based Compensation Plan |
Resolution passed by requisite majority. Details of the voting were as follows:
Total shares voted in favour: 85,182,202 (84.51%) Total shares voted against: 15,613,836 (15.49%) | ||||
DATED October 2, 2026
| SILVERCORP METALS INC. | ||
| By: | “Jonathan Hoyles” | |
| Jonathan Hoyles | ||
| General Counsel and Corporate Secretary | ||