Mr. David Rae reports

DUNDEE PRECIOUS METALS FILES TECHNICAL REPORT ON THE COKA RAKITA GOLD PROJECT

Dundee Precious Metals Inc. has filed a technical report for its Coka Rakita gold project in Serbia. The purpose of the report was to support the maiden mineral resource estimate for Coka Rakita, as previously disclosed in the company's news release dated Dec. 11, 2023.

The technical report has been prepared pursuant to the Canadian Securities Administrators' National Instrument 43-101 (Standards of Disclosure for Mineral Projects). The technical report and the Dec. 11, 2023, news release are both available for review on SEDAR+ and on the company's website.

About Dundee Precious Metals Inc.

Dundee Precious is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Namibia, Serbia and Ecuador. 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 environmental, social and governance, innovation, optimizing its existing portfolio, and growth. The company's resources are allocated in line with its strategy to ensure that Dundee Precious delivers value for all of its stakeholders. Dundee Precious's shares are traded on the Toronto Stock Exchange (symbol: DPM).

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