Business description: First Majestic Silver Corp.

First Majestic Silver Corp. is a mining company. The Company is focused on silver and gold production in Mexico and the United States. It owns and operates approximately 350,000 hectares of land package, which include the San Dimas Silver/Gold Mine, the Santa Elena Silver/Gold Mine, the La Encantada Silver Mine, and a 70% joint venture interest in the Cerro Los Gatos Silver Mine as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold project located in northeastern Nevada, United States. The San Dimas Silver/Gold Mine is located over 130 kilometers (km) northwest of the city of Durango, Durango State, Mexico. The Santa Elena Silver/Gold Mine is located over 150 km northeast of the city of Hermosillo, Sonora, Mexico. The La Encantada Silver Mine is an underground mine located in the northern Mexico State of Coahuila, 708 km northeast of Torreon. The Cerro Los Gatos Mine is located around 120 kms south of Chihuahua City, Mexico.

Number of employees: 4,000

Sales by Activity: First Majestic Silver Corp.

Fiscal Period: December20202021202220232024

Mexico - Santa Elena

7.61Cr 12Cr 19Cr 22Cr 29Cr

Mexico - SAN Dimas

21Cr 28Cr 23Cr 24Cr 20Cr

Mexico - La Encantada

7.36Cr 8.17Cr 6.77Cr 6.41Cr 6.53Cr

United States - First Mint

- - - - 1.6Cr

Mexico - Non-Producing Properties

2L - - - -

United States - Jerritt Canyon

- 12Cr 13Cr 4.05Cr 40.01L

Others

22.51L 1.09Cr 1.17Cr 88.89L -

Intercompany Elimination

- -2.51Cr -43.15L -70.41L -1.11Cr
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Executive Committee: First Majestic Silver Corp.

Manager TitleAgeSince
Chief Executive Officer 65 01/11/2001
Director of Finance/CFO - 28/03/2022
Chief Tech/Sci/R&D Officer - 24/11/2021
Chief Operating Officer - 03/02/2020
Chief Tech/Sci/R&D Officer - 15/07/2019
See FIRST MAJESTIC SILVER CORP. governance

Composition of the Board of Directors: First Majestic Silver Corp.

Director TitleAgeSince
Director/Board Member 65 05/12/1998
Director/Board Member 55 01/03/2017
Chairman 70 -
Director/Board Member 59 01/07/2021
Director/Board Member 65 26/05/2022
Director/Board Member 51 13/03/2025
Director/Board Member - 20/05/2025
Composition of the Board of Directors

Shareholders: First Majestic Silver Corp.

NameEquities%Valuation
The Electrum Group LLC
8.615 %
4,17,05,278 8.615 % 345 M $
Van Eck Associates Corp.
7.761 %
3,75,71,672 7.761 % 311 M $
Tidal Investments LLC
3.624 %
1,75,43,683 3.624 % 145 M $
Vanguard Fiduciary Trust Co.
2.99 %
1,44,75,305 2.99 % 120 M $
ETF Managers Group LLC
2.641 %
1,27,86,566 2.641 % 106 M $
List of FIRST MAJESTIC SILVER CORP. shareholders

Holdings: First Majestic Silver Corp.

NameEquities%Valuation
6,90,63,076 61.39% 3,70,17,809 $
17,83,49,350 35.87% 1,69,43,188 $
80,51,519 15.56% 13,52,655 $

Company details: First Majestic Silver Corp.

First Majestic Silver Corp.

925 West Georgia Street Suite 1800

V6C 3L2, Vancouver

+604-688-3033

http://www.firstmajestic.com
address First Majestic Silver Corp.(AG)

Group companies: First Majestic Silver Corp.

NameCategory and Sector
Precious Metals
Other Metals/Minerals
Corporacion First Majestic SA de CV
Nusantara de Mexico SA de CV
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Silver Mining

Change 5d. change 1-year change 3-years change Capi.($)
+3.52%+5.36%+26.77%+71.12% 1.1TCr
+7.30%+4.12%+6.58%+79.04% 394.21Cr
+3.18%+4.13%+66.00%+114.41% 230.61Cr
+5.26%+8.11%+199.07%+207.69% 187.56Cr
+7.27%+16.69%+20.76%+100.25% 168.82Cr
+9.25%+9.52%-15.35%+124.33% 139.53Cr
+6.38%+10.58%+36.19%+130.26% 111.46Cr
+10.26%+18.35%+207.14%+360.71% 34Cr
0.00%0.00%-29.41%-17.24% 15Cr
Average +5.82%+7.75%+57.53%+130.06% 264.2Cr
Weighted average by Cap. +5.06%+6.37%+40.56%+98.91%
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