5/12/2026

speaker
Conference Operator
Conference Operator

Thank you for standing by. This is the conference operator. Welcome to the first Majestic Silver 2026 Q1 financial results conference call. As a reminder, all participants are in listen-only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. To join the question queue, you may press star then one on your telephone keypad. If you are participating through the webcast, you can submit a question in writing by using the form in the lower section of the webcast frame on your screen. Should you need assistance during the conference call, you may reach an operator by pressing star then zero. I would now like to turn the conference over to Mr. Keith Neumeier, Chief Executive Officer of First Majestic Silver. Keith, please go ahead.

speaker
Keith Neumeier
Chief Executive Officer, First Majestic Silver

Well, thank you and welcome everyone to our Q1 highlights conference call with investors and shareholders. Today, obviously, myself is present. I'm in Europe right now. Manny Al-Khawaji, President and Chief Corporate Development Officer, is in Vancouver. David Suarez, our Chief Financial Officer, is also in Vancouver. David Howe, Chief Operating Officer, who just was newly appointed on May the 4th, which we'll talk about a little bit further in the next couple of slides. But David comes with us after quite a long search for a replacement to Steve. Steve told me last summer that he would like to retire, and we put an effort in place to find his replacement, and we're successful in getting Dave Howe, who's a well-known mining executive. So we're happy to have Dave on board. Steve will be effectively working until June 30th, assisting Dave in anything that Dave might request of Steve over the next month or so. We also have Samir Patel, General Counsel and Corporate Secretary, present in Vancouver, and also Dara Ray and Joel Feltesinski, sorry about that, Joel, from Investor Relations also present today. Before I go any further, I'll need to pass the call over to Samir. Samir for the disclaimer.

speaker
Samir Patel
General Counsel and Corporate Secretary

Thanks, Keith. Before we begin today's call, I would like to remind you that we will be referring to certain non-IFRS measures and making certain statements regarding first majestic silver and its operations that constitute forward-looking statements in accordance with applicable Canadian and U.S. securities laws. All statements that are not historical facts, such as statements regarding future estimates and plans or expectations of future performance, constitute forward-looking statements that reflect the company's current views with respect for future events. These statements are necessarily based upon a number of assumptions and estimates that, while considered reasonable by the company, are inherently subject to significant business, economic, competitive, political, and social uncertainties and contingencies. We encourage you to refer to the cautionary language included in our news release that was disseminated earlier this morning and the disclosure on non-IFRS measures in our most recently filed management discussion and analysis, as well as the risk factors set out in our most recently filed annual information form. As a reminder, these documents, along with all of our continuous disclosure documents, are available on CEDAW Plus and on EDGA. Investors are cautioned against attributing undue certainty or reliance on any forward-looking statements made during today's call. The company does not intend or assume any obligation to update these forward-looking statements or information other than as required by law. With that, I will turn the call back to Keith.

Disclaimer

This conference call transcript was computer generated and almost certianly contains errors. This transcript is provided for information purposes only.EarningsCall, LLC makes no representation about the accuracy of the aforementioned transcript, and you are cautioned not to place undue reliance on the information provided by the transcript.

Q1AG 2026

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