An anonymous director reports

AVINO ANNOUNCES FILING OF FINAL BASE SHELF PROSPECTUS

Avino Silver & Gold Mines Ltd. has filed a final short-form base shelf prospectus dated Feb. 12, 2026, with the securities commissions in each of the provinces and territories of Canada, with the exception of Quebec, pursuant to Part 9B of National Instrument 44-102, Shelf Distributions, which establishes an expedited shelf prospectus regime for well-known seasoned issuers (as such term is defined in NI 44-102) (the WKSI regime). A corresponding registration statement on Form F-10 has been filed with the U.S. Securities and Exchange Commission under the U.S. Securities Act of 1933, as amended, and the U.S./Canada multijurisdictional disclosure system and is expected to become effective on or about Feb. 19, 2026, under the U.S./Canada multijurisdictional disclosure system. In accordance with the companion policy to NI 44-102, the company is withdrawing its previously filed short form base shelf prospectus dated May 26, 2025, and will not distribute further securities pursuant the prospectus supplement dated Nov. 25, 2025.

The shelf prospectus and registration statement will allow the company to offer and issue common shares, warrants, subscription receipts, units, debt securities or any combination of such securities during the 37-month period that the shelf prospectus remains effective under the WKSI regime (subject to compliance with certain requirements).

Securities may be offered under the shelf prospectus (and corresponding registration statement) separately or together, offered in amounts, at prices and on terms to be determined based on market conditions at the time of sale and, subject to applicable regulations, may include public offerings, strategic investments or at-the-market distributions (as defined in NI 44-102 and Rule 415 of the U.S. Securities Act of 1933, as amended). The specific terms of any offering of securities, if any, including the use of proceeds from such offering, will be set forth in a prospectus supplement to the shelf prospectus pertaining to such offering to be filed with applicable securities regulatory authorities.

Copies of the shelf prospectus and registration statement may be obtained on request without charge from the company at Suite 900, 570 Granville St., Vancouver, B.C., V6C 3P1, Canada (telephone: 604-682-3701) and can be found under the company's SEDAR+ profile and on EDGAR, respectively.

About Avino Silver & Gold Mines Ltd.

Avino is a silver producer from its wholly owned Avino mine near Durango, Mexico. The company's silver, gold and copper production remains unhedged. The company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through its growth at the historic Avino property and the strategic acquisition of the adjacent La Preciosa, which was finalized in Q1 2022. Early in 2024, the prefeasibility study on the oxide tailings project was completed. This study is a key milestone in our growth trajectory. Avino has been included in the Toronto Stock Exchange's 2025 TSX30. Avino has distinguished itself by reaching the fifth position on the TSX30 2025 ranking. As part of Avino's commitment to adopting sustainable practices, the company has been operating a dry-stack tailings facility for more than two years with excellent results. Avino is committed to managing all business activities in a safe, environmentally responsible and cost-effective manner while contributing to the well-being of the communities in which the company operates.

We seek Safe Harbor.