Andean Silver (ASL) RRS Summer Series Conference presentation summary

Project overview and resource growth

• Cerro Bayo Silver-Gold Project holds a resource of 9.8Mt @ 353g/t AgEq for 111Moz AgEq, including 47Moz silver and 0.8Moz gold, with significant Zn, Cu, and Pb potential.

• Achieved ~350% resource growth over two years and a ~3,655% increase in shareholder value.

• Over 400sqkm landholding with existing permits, water, power, and >A$150m in infrastructure.

Financial position and capital structure

• Market capitalization of A$436M, share price at A$2.06, and cash position of ~A$62M as of early 2026.

• No debt and strong institutional support, with 53.4% held by institutions.

• 211.8M shares on issue and 18M unlisted options, RSUs, and performance rights.

Leadership and management

• Board and management team with extensive experience in mining, finance, and exploration across Australia, Africa, and Latin America.

• Key executives have backgrounds in major mining companies and successful project development.