First Majestic Silver Corp. announced that it increasing its dividend per common share from 1% to 2% of net quarterly revenues earned from January 1, 2026 onwards dividend by the number of common shares of the Company outstanding as at the record date for the dividend (with respect to net quarterly revenues generated from the Los Gatos Silver Mine, 70% of such revenue, being the revenue that is attributable to the Company, is used for the purposes of the Company's quarterly dividend calculation). The first payment at this increased dividend level will be made in May of this year when the Company pays its dividend for First Quarter 2026 in respect of revenue earned from January 1, 2026 onwards.