Mr. David Rae reports

DUNDEE PRECIOUS METALS ANNOUNCES APPOINTMENT OF ROBERT M. BOSSHARD TO ITS BOARD OF DIRECTORS

Dundee Precious Metals Inc. has appointed Robert M. Bosshard to the board of directors of Dundee Precious Metals, effective Dec. 1, 2023.

"We are very pleased to welcome Bob Bosshard to the Board of Directors. His significant expertise in finance, capital markets and risk management will be a valuable addition to the Company," said Peter Gillin, Chair of the Board of Directors.

Mr. Bosshard has over 40 years of experience in finance, capital markets, risk management and environment, social and governance reporting. Prior to retiring as partner in 2016, he had a multi-decade career with PricewaterhouseCoopers, both in Canada and the United Kingdom, and brings significant experience working with Canadian and U.S. public companies as well as a deep understanding of global business practices and accounting standards. He currently serves as the chair of the Canadian Auditing and Assurance Standards Board, which has the authority and responsibility to set standards for quality management, audit, sustainability assurance, other assurance and related services engagements and guidance in Canada. He has also served on the Board of the Prospectors & Developers Association of Canada as well as a variety of community organizations.

Mr. Bosshard is a Fellow Chartered Accountant (U.K.), Chartered Professional Accountant, Chartered Accountant, and holds a Bachelor of Arts (Honours) in Accounting and Finance from Lancaster University, United Kingdom, and is a member of the Canadian Institute of Corporate Directors.

About Dundee Precious Metals Inc.

Dundee Precious Metals Inc. is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Ecuador and Serbia. The Company's purpose is to unlock resources and generate value to thrive and grow together. This overall purpose is supported by a foundation of core values, which guides how the Company conducts its business and informs a set of complementary strategic pillars and objectives related to ESG, innovation, optimizing our existing portfolio, and growth. The Company's resources are allocated in-line with its strategy to ensure that DPM delivers value for all of its stakeholders. DPM's shares are traded on the Toronto Stock Exchange (symbol: DPM).