Mr. Colin Smith reports

FIRST ANDES SILVER ENGAGES VICE PRESIDENT, CORPORATE COMMUNICATIONS

First Andes Silver Ltd. has engaged Ryan Johnson to serve as vice-president, corporate communications. Mr. Johnson will support the company's corporate communications and marketing strategy, and provide marketing and public relations advisory services, including co-ordinating marketing initiatives, news flow and events, and facilitating introductions to media, digital and social media marketing contacts, and other communications service providers.

In consideration of these services, the company will pay Mr. Johnson $7,000 per month plus applicable taxes. The engagement is month to month and may be terminated by either party upon 30 days of notice. The engagement is subject to TSX Venture Exchange approval.

Mr. Johnson and the company are not related parties and deal at arm's length. Mr. Johnson does not own, directly or indirectly, any securities of the company, nor does he have any right or intention to acquire such securities.

Mr. Johnson brings over 19 years of capital markets experience focused on corporate communications, investor relations and digital marketing for public issuers. He has extensive experience in managing integrated multichannel marketing campaigns, and has advised companies through financings and corporate transactions, working closely with management teams, boards and counsel on disclosure-compliant communications.

Security-based compensation grant

The company also announces that it has granted 2.5 million stock options to its directors, officers and consultants. Each option is exercisable at 17 cents per share for a period of five years from the date of grant. In addition, the company granted 875,000 restricted share units, of which 50 per cent vest one year from the date of grant and the remaining 50 per cent two years from the date of grant.

About First Andes Silver Ltd.

First Andes Silver is a British Columbia company that holds a 100-per-cent interest in the high-grade Santas Gloria silver property, located in a major mining district 55 kilometres east of Lima, Peru. Santas Gloria has established road access, is situated within a well-known intermediate-sulphidation epithermal belt, and hosts over 12 kilometres of multiphase veins mapped at surface that had never been historically drilled or explored by modern techniques prior to 2024. In only two phases of diamond drilling (2024 to 2025), First Andes has reported strong near-surface epithermal silver intercepts in 21 of 26 drill holes, confirming silver mineralization across multiple vein systems and supporting systematic, project-wide exploration, and follow-up drilling in 2026.

We seek Safe Harbor.