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Silvercorp Metals Inc. Announces Results of 2026 Annual General Meeting with Approvals on Key Proposals

Silvercorp Metals Inc. Reports Results of 2026 AGM

On October 2, 2026, Silvercorp Metals Inc. (TSX: SVM, NYSE American: SVM) announced that all matters presented at its Annual General and Special Meeting (AGM) received the necessary approvals from shareholders. This meeting took place after extensive communication with shareholders, as outlined in the Company's Notice of Meeting and Information Circular dated August 12, 2026, along with updates provided in news releases just days before the meeting.

Meeting Overview

At the meeting, a notable total of 123,182,474 common shares were represented, which accounted for approximately 55.69% of the votes tied to the outstanding shares on record. This strong turnout highlights a robust shareholder interest in the company's direction and governance.

Election of Directors

Among the key votes cast, results for the election of directors were particularly significant. Every nominated director received overwhelming support, reflecting confidence in the leadership:

- Dr. Rui Feng: 99,650,180 votes (98.86% for, 1.14% against)
- Paul Simpson: 84,431,116 votes (83.76% for, 16.24% against)
- Yikang Liu: 89,143,361 votes (88.44% for, 11.56% against)
- Marina Katusa: 89,193,578 votes (88.49% for, 11.51% against)
- Ken Robertson: 89,620,059 votes (88.91% for, 11.09% against)
- Helen Cai: 89,637,726 votes (88.93% for, 11.07% against)

The decisive votes reflect a strong mandate for the current management team to continue steering the company towards growth.

Amendments and Resolutions

Two crucial resolutions were passed during the AGM:
1. Amendments to Articles: Shareholders authorized modifications to the company's Articles to ensure compliance with the listing requirements of The Stock Exchange of Hong Kong. This amendment received 96,389,543 votes for (95.74%) and 4,287,268 against (4.26%). This change aims to align Silvercorp with international best practices.

2. Share-Based Compensation Plan: An ordinary resolution to amend and restate the share-based compensation plan was passed with 85,182,202 votes for (84.51%) and 15,613,836 against (15.49%). By updating the compensation plan, Silvercorp aims to enhance its ability to attract and retain top talent in an increasingly competitive sector.

Additionally, Deloitte LLP was re-appointed as the company's auditor for the forthcoming year, reaffirming their reliable partnership in financial oversight.

Looking Ahead

As Silvercorp Metals continues to evolve, it remains committed to generating shareholder value through its strategic focus on free cash flow from its enduring mines, ongoing exploration efforts, and a long-term commitment to responsible mining practices and environmental, social, and governance (ESG) principles. Stakeholders can expect continued communication regarding the outcomes and impacts of these significant decisions.

All detailed voting results will be filed on SEDAR+ and EDGAR and will also be accessible on the company's official website.

About Silvercorp

Silvercorp is a Canadian mining company renowned for profitability and growth in silver, gold, lead, and zinc production. The management continuously seeks to enhance its operational efficiency and explore options for mergers and acquisitions to increase shareholder value. More information can be found on their website.

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