Americas Gold and Silver (USA) Proxy Filing summary

Executive summary

• The 2025 Joint Annual Meeting of Shareholders for two funds is scheduled for August 19, 2025, in Boston, MA, to elect two Trustees for the Equity Fund and two Directors for the Growth Fund, each to serve three-year terms.

• Shareholders of record as of June 6, 2025, are eligible to vote, with proxy materials distributed by mail and available online.

• Voting can be conducted by mail, phone, internet, or in person, and the Boards unanimously recommend voting FOR all nominees.

Voting matters and shareholder proposals

• Proposals include the election of two Trustees for the Equity Fund and two Directors for the Growth Fund, each for a three-year term.

• Shareholders may submit proposals or nominations for future meetings, subject to specific deadlines and requirements outlined in the Funds' By-Laws.

• Shareholder proposals for the 2026 meeting must be submitted between 120 and 150 days before the anniversary of the prior year's notice.

Board of directors and corporate governance

• All Trustees/Directors are independent, with Thomas W. Brock serving as Chairman.

• The Boards oversee management, operations, and compliance, meeting at least four times annually, with additional meetings as needed.

• The Nominating and Governance Committee, composed of all independent members, reviews Board effectiveness and considers shareholder nominations.

• Board diversity in professional experience, education, and viewpoint is considered in nominations.