Mr. Michael Konnert reports

VIZSLA SILVER APPOINTS LUIS LAZARO AS PRESIDENT, MEXICO

Vizsla Silver Corp. has appointed Luis Lazaro as president, Mexico, for Vizsla Silver, effective immediately.

As president, Mexico, Mr. Lazaro will lead in-country operations and oversee the continued advancement of the company's flagship Panuco silver project through permitting, construction and potential production. Reporting to the company's chief executive officer, he will work closely with the executive leadership team to develop high performing teams, strengthen relationships with key stakeholders and ensure operational excellence as the company progresses toward its targeted timeline for first silver production in H2 2027.

"Luis is a highly accomplished executive with a proven track record of leading complex operations and building strong companies in Mexico," stated Michael Konnert, president and chief executive officer. "As we transition from project development toward construction and ultimately production, his appointment adds further depth to our leadership team and strengthens our in-country capabilities. His operational expertise, strategic mind set and ability to build high performing teams make him exceptionally well suited to lead our in-country operations during this exciting phase of growth."

Mr. Lazaro brings 30 years of leadership and operational experience across multinational public companies, entrepreneurial ventures and privately owned businesses in Mexico. Most recently, he served as chief executive officer of Citrofrut, Mexico's largest citrus juice processor, where he led a significant business transformation, repositioning the company's portfolio toward higher-value specialty products while strengthening operational performance and long-term growth. Prior to Citrofrut, Mr. Lazaro held senior leadership positions across a diverse range of industries. He led the fishing division of Grupo PINSA, one of Mexico's leading seafood companies, founded THAES, an entrepreneurial venture focused on sweet sorghum-based ethanol production and began his career with CEMEX, where he held leadership operations roles. Mr. Lazaro holds a bachelor of chemical engineering from Tecnologico de Monterrey, an MBA from IMD International in Lausanne, Switzerland, and completed the Stanford Executive Program. He also serves as a business mentor through Tecnologico de Monterrey's Enlace+ Program and is an angel investor with Angel Hub in Monterrey, supporting emerging entrepreneurs and innovation in Mexico.

Additional management update

The company also announces that Guillermo Hernandez, its recently appointed vice-president of exploration, will assume expanded responsibilities for the company's geological function. This follows the resignation of Jesus Velador as chief geologist, effective Aug. 27, 2026.

"On behalf of the board and the entire team, I would like to thank Jesus for his significant contributions to Vizsla Silver throughout his tenure at the company," stated Mr. Konnert. "His technical leadership and deep knowledge of the Panuco project have been instrumental in advancing the project to where it is today, and we wish him every success in his future endeavours."

Qualified person

The scientific and technical information contained in this news release has been reviewed and approved by Jesus Velador, PhD, PGeo, chief geologist, a qualified person as defined in National Instrument 43-101 -- Standards of Disclosure for Mineral Projects.

About Vizsla Silver Corp.

Vizsla Silver is a Canadian development company advancing Panuco, its 100-per-cent-owned silver-gold project in Sinaloa, Mexico. The November, 2025, feasibility study outlines 17.4 Moz (million ounces) AgEq (silver equivalent) annual production over an initial 9.4-year mine life, an after-tax NPV (net present value) (5 per cent) of $1.8-billion (U.S.), a 111-per-cent IRR (internal rate of return) and a seven-month payback at $35.50 (U.S.)/ounce silver and $3,100 (U.S.)/oz gold. Vizsla Silver is concurrently advancing mine development and district-scale exploration with the objective of becoming a leading primary silver producer.

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