Andean Precious Metals Corp. (TSX: APM) (OTCQX: ANPMF) reports its production and sales results for the third quarter of 2026. The Company will release its third-quarter financial results after market close on Tuesday, November 10, 2026, followed by an earnings conference call and webcast hosted by management on Wednesday, November 11, 2026, at 9:00 a.m. Eastern Time.

(All amounts expressed in United States dollars unless otherwise stated)

Q3 2026 Highlights:

• Consolidated production of 27,262 gold equivalent ounces, up 6% year over year and 7% from the second quarter
• Nine-month consolidated production of 79,992 GEOs, up 12% year over year
• San Bartolome produced 16,394 GEOs in the quarter, bringing nine-month production to 49,060 GEOs, up 29% year over year
• Golden Queen production rebounded to 10,868 GEOs, up 27% from the second quarter and 8% year over year
• Record quarterly sales of 39,178 GEOs, reflecting the sale of all finished inventory deferred at the end of the second quarter together with 100% of third-quarter production

Alberto Morales, Executive Chairman and CEO, stated: “Andean delivered a strong third quarter, with higher production, record sales and sustained operational momentum across both assets. Consolidated production of 27,262 GEOs increased 6% year over year and 7% from the second quarter, bringing nine-month production to 79,992 GEOs—12% above the prior-year period. Both operations contributed to the quarter’s strong performance, with San Bartolome sustaining its robust production profile and Golden Queen delivering a significant sequential rebound. This performance reflects the strength of our operating platform and provides a solid foundation for the fourth quarter.

During the quarter, we were proud to be named to the 2026 TSX30, recognizing Andean as one of the top-performing companies on the Toronto Stock Exchange. With strong momentum in both operations and gold and silver prices, which remain well above prior-year levels, we are well positioned for a strong finish to 2026. We look forward to reporting our full third-quarter financial and operating results on November 10, 2026.”

Q3 2026 Operational Results:

Q3 2026 Conference Call and Webcast:

• Wednesday, November 11, at 9:00 AM ET
• Participants may listen to the webcast by registering via the following link https://www.gowebcasting.com/15185
• Participants may also listen to the conference call by calling North American toll free 1-800-715-9871, or 1-647-932-3411 outside the U.S. or Canada, and quoting Conference ID 8567391.
• An archived replay of the webcast will be available for 90 days at: https://www.gowebcasting.com/15185 or the Company website at www.andeanpm.com.

About Andean Precious Metals

Andean is building the next generation of precious metals production in the Americas – combining established operating assets with a disciplined strategy for growth in some of the world’s most attractive mining jurisdictions. The Company owns and operates the San Bartolome processing facility in Potosi, Bolivia and the Golden Queen mine in Kern County, California, providing a strong operating foundation and a platform for further expansion.

Andean is strategically positioned to maximize the value of its existing assets while pursuing compelling opportunities to expand and diversify its portfolio. The Company has an experienced management team with a strong track record of value creation, and is committed to operational excellence, responsible and sustainable development and disciplined capital allocation.

Andean’s objective is to build a leading multi-asset, mid-tier precious metals producer in the Americas, creating enduring value for shareholders while maintaining the highest standards of safety, environmental stewardship, and community responsibility.

Qualified Person Statement

The scientific and technical content disclosed in this news release was reviewed and approved by Donald J. Birak, Independent Consulting Geologist to the Company, a Qualified Person as defined by National Instrument 43-101 – Standards for Disclosure for Mineral Projects, Registered Member, Society for Mining, Metallurgy and Exploration, Fellow, Australasian Institute of Mining and Metallurgy.

Endnotes:

1. Gold equivalent ounces of silver produced or sold in a given period are computed using a consistent ratio of the silver price to the gold price. In 2025, the Company used a factor of 90. For 2026, the Company is using a factor of 85.
2. Please refer to the Q4 2025 MD&A for additional detail on the 2026 production, cost, and margin guidance.