Mr. Ross McElroy reports

APOLLO REPORTS RESULTS OF ANNUAL GENERAL MEETING AND APPOINTMENT OF NEW EXECUTIVE CHAIR AND LEAD DIRECTOR

Apollo Silver Corp. has released the voting results from its annual general meeting (AGM) of shareholders held on March 27, 2026. All matters submitted to shareholders for approval, as set out in the company's management information circular, were approved by a majority of the votes cast, including: setting the number of directors at seven, electing all seven directors standing for election, reappointing Davidson and Co. LLP as auditor of the company, and reapproving the company's omnibus incentive plan.

Detailed results of the total shares voted at the AGM are set out below.

In addition, Apollo is pleased to announce the appointment of Thomas Peregoodoff as executive chair of the board and Steven Thomas as lead independent director, each effective immediately.

Mr. Peregoodoff brings extensive experience to the role, having previously served in senior leadership positions at Apollo, where he played a key role in shaping the company's strategic direction and advancing its growth initiatives. His deep understanding of Apollo's operations, combined with his strong capital markets experience, positions him well to support the company through its next phase of development.

Mr. Peregoodoff also previously worked alongside Apollo's president and chief executive officer, Ross McElroy, at BHP. This shared history and alignment are expected to further strengthen Apollo's leadership as the company continues to execute on its strategy.

Mr. McElroy, president and CEO of Apollo, commented: "We are very pleased to welcome Mr. Peregoodoff as executive chair of the board and Mr. Thomas as the lead independent director. Having worked closely with Tom at BHP, I have seen first-hand his leadership, strategic thinking and operational skills. His prior involvement with Apollo, combined with his deep understanding of our business, make him ideally suited to support management as we continue to advance our projects and deliver for our shareholders."

The company also notes that Andrew Bowering will continue to play an active role, serving as a director, key adviser and spokesperson for Apollo. As a significant shareholder, Mr. Bowering remains fully committed to working closely with the management team and the board in guiding the company's strategy and driving long-term value creation for all shareholders.

Mr. Bowering commented: "As the founder and one of the larger shareholders of Apollo, I am thrilled to see Tom take on this key role and I am excited to support the strong operational pairing of Tom and Ross going forward. In my opinion, the company just got stronger."

About Apollo Silver Corp.

Apollo is advancing the second-largest undeveloped primary silver project in the United States. The Calico project hosts a large, bulk-minable silver deposit with significant barite and zinc credits -- recognized as critical minerals essential to the U.S. energy, industrial and medical sectors. The company also holds an option on the Cinco de Mayo project in Chihuahua, Mexico, which is host to a major carbonate replacement (CRD) deposit that is both high grade and large tonnage. Led by an experienced and award-winning management team, Apollo is well positioned to advance the assets and deliver value through exploration and development.

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