An anonymous director reports

SILVERCORP FILES FORM 40-F ANNUAL REPORT

Silvercorp Metals Inc. has filed its fiscal 2021 annual report on Form 40-F with the U.S. Securities and Exchange Commission (SEC).

The Form 40-F, which includes the company's fiscal 2021 annual audited financial statements, management's discussion and analysis, and annual information form, is available on the company's website and on the SEC's website.

Printed copies of the company's fiscal 2021 annual financial statements, management's discussion and analysis, and annual information form and Form 40-F are available free of charge to Silvercorp shareholders upon written request.

About Silvercorp Metals Inc.

Silvercorp is a profitable Canadian mining company producing silver, lead and zinc metals in concentrates from mines in China. The company's goal is to continuously create healthy returns to shareholders through efficient management, organic growth and the acquisition of profitable projects. Silvercorp balances profitability, social and environmental relationships, employees' well-being, and sustainable development.