Mr. Keith Neumeyer reports

FIRST MAJESTIC ANNOUNCES VOTING RESULTS FROM 2026 ANNUAL GENERAL MEETING

First Majestic Silver Corp. has released the voting results for its annual general meeting (AGM) of shareholders, which was held on Wednesday, June 10, 2026, in Vancouver, B.C. Each of the matters that were voted upon at the 2026 AGM are described in detail in the company's management information circular dated April 29, 2026, which is available on the company's website and under the company's profile on SEDAR+.

A total of 290,164,319 common shares of First Majestic were represented at the 2026 AGM, representing 58.77 per cent of the Company's issued and outstanding shares as at April 15, 2026, the record date for the 2026 AGM. Shareholders voted in favour of all matters brought before the 2026 AGM. The specific voting results are provided in the attached tables.

About First Majestic Silver Corp.

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The company presently owns and operates four producing underground mines in Mexico: the Santa Elena silver/gold mine, the Los Gatos silver mine (the company holds a 70-per-cent interest in the Los Gatos joint venture that owns and operates the mine), the San Dimas silver/gold mine and La Encantada silver mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon gold mine, located in northeastern Nevada, U.S., which the company is currently in the process of restarting.

First Majestic is proud to own and operate its own minting facility, First Mint LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase on-line, at some of the lowest premiums available.

We seek Safe Harbor.