Kuya Silver (KUYA) Company presentation summary

Portfolio overview

• Operates three district-scale silver projects: Bethania (Peru, in production), Silver Kings (Canada, exploration), and Umm Hadid (Saudi Arabia, JV, exploration).

• Bethania is ramping up production and expanding resources, with ongoing and planned drilling programs.

• Silver Kings project in Ontario covers 13,000 ha in a prolific historic silver camp, with recent high-grade discoveries.

• Umm Hadid JV in Saudi Arabia covers 24,600 ha, with successful initial drilling and significant future drill plans.

Strategic positioning and financials

• Generates over 90% of revenue from silver, positioning among a small group of pure-play silver producers.

• Fully permitted, producing mine with over CAD $30M cash and no debt; no near-term financing required.

• Peer companies trade at significantly higher EBITDA multiples, indicating valuation upside.

• Working capital at year-end 2025 is CAD $12M, with an additional CAD $23.5M financing in early 2026.

• 192 million shares outstanding, 236 million fully diluted; major shareholders include management, Crescat Capital, Sprott SLVR ETF, and others.

Bethania project highlights

• Located in central Peru’s major silver-lead-zinc district, with excellent road and air access.

• Mine has a 40+ year history, with recent production of 425,000 oz silver equivalent in 2014.

• 2022 maiden resource: 4.3M oz Ag indicated, 5.6M oz Ag inferred; 6.1M oz AgEq indicated, 8.3M oz AgEq inferred.

• 2026 drilling aims to extend mineralization at depth and along strike, with a 20,000 m program planned.

• High-grade silver samples and new discoveries (e.g., Millococha, Carmelitas, Tito PH) support district-scale potential.