Silvercorp Metals Inc. Announces Transition in CFO Position with New Appointments

Silvercorp Metals Inc. Announces CFO Transition

Silvercorp Metals Inc., a prominent name in the mining industry, has recently made significant changes to its senior finance and accounting team. As of November 10, 2025, Derek Liu, who has notably served as the Chief Financial Officer (CFO) since 2015, has decided to retire. Liu will remain available for consultation during a transitional period, helping ensure a seamless change in leadership.

The company has expressed deep gratitude for Liu's longstanding dedication and invaluable contributions throughout his tenure. As a supportive figure in many strategic decisions, his impacts during challenging times have been particularly commendable.

In the wake of Liu's retirement, Silvercorp is pleased to announce the promotion of Winnie Wang to Interim CFO, effective immediately. Wang has been with the company since 2024, where she previously held the position of CFO for Silvercorp’s operations in China. Her expertise spans over 15 years in corporate finance, accounting, financial reporting, treasury planning, and the establishment of robust internal controls.

Winnie Wang began her professional career at PricewaterhouseCoopers LLP as an Auditor. Afterward, she advanced through senior roles in finance and accounting within various multinational companies. Before her contributions to Silvercorp, Wang served as Head of Finance and CFO for Asurion China. Her academic credentials include a Bachelor's Degree from Shanghai International Studies University, a Master of Management from the University of International Business and Economics, and the Chartered Professional Accountant (CPA) designation from CPA Australia.

In another important appointment, Lei Wu has joined Silvercorp as Corporate Controller. In this role, he will oversee financial reporting, financial planning, operations, project management, and treasury functions. Wu comes to Silvercorp with over 14 years of extensive experience in accounting and finance in the mining sector. Recently, he held the position of Finance Controller at the Rainy River Mine with New Gold Inc. from 2021 to 2025. He is equipped with solid educational credentials, including a Bachelor of Business Administration (Honours) from Simon Fraser University and an MBA from USC. Additionally, he possesses the CPA, Chartered Financial Analyst (CFA), and Project Management Professional (PMP) designations.

The strategic appointments of Winnie Wang and Lei Wu exemplify Silvercorp's dedication to solid financial governance and its commitment to fostering internal talent. As the company continues to broaden its strategic objectives, this transition signifies an alignment with its forward-thinking vision and operational excellence.

About Silvercorp Metals Inc.

Silvercorp is a Canadian mining company that specializes in the production of silver, gold, lead, and zinc. With a rich history characterized by profitability and strong growth potential, Silvercorp is committed to creating value for its shareholders. The company’s strategic approach includes:
1. Generating Free Cash Flow: Focusing on maintaining free cash flow from its long-life mines.
2. Organic Growth: Actively engaging in extensive drilling to discover new minerals.
3. Mergers and Acquisitions: Pursuing opportunities to unlock additional value.
4. Responsible Mining Practices: Emphasizing ESG (Environmental, Social, and Governance) commitments for sustainable operations.

For more information regarding Silvercorp Metals Inc. and the latest updates on its strategic developments, visit its official website at www.silvercorpmetals.com.

For further information:
Silvercorp Metals Inc.
Lon Shaver, President
Phone: (604) 669-9397
Toll-Free: 1 (888) 224-1881
Email: [email protected]
Website: www.silvercorpmetals.com