ENDEAVOUR SILVER Business Summary

Endeavour Silver Corp (EXK) is a mid-tier precious metals producer that generates revenue through the extraction, processing, and sale of silver and gold, with increasing revenue diversification into base metals such as lead, zinc, and copper. As of February 2026, the company’s primary business segments are centered on three core assets: the high-grade Guanaceví mine in Mexico, the newly commissioned flagship Terronera mine in Jalisco, and the recently integrated Kolpa mine in Peru. Following the strategic divestment of the Bolañitos mine in early 2026, Endeavour has pivoted toward a high-margin growth model, targeting a 2026 production guidance of 14.6 to 15.6 million silver-equivalent ounces. The company competes directly with other silver-focused miners such as First Majestic Silver (AG), Hecla Mining (HL), Silvercorp Metals (SVM), and Coeur Mining (CDE), positioning itself as a high-beta growth play that is transitioning from a mid-tier operator to a senior producer through the ramp-up of its low-cost Terronera asset. Originally founded in 2003 by the late Bradford Cooke and Godfrey Walton, the company is currently led by Chief Executive Officer Daniel Dickson, a Chartered Professional Accountant who previously served as CFO and has over 15 years of tenure with the firm following a career at KPMG. The executive suite includes Chief Financial Officer Elizabeth Senez and Chief Operating Officer Donald Gray, supported by Vice President of Operations Greg Blaylock, who brings over 35 years of industry experience from roles at BHP and Coeur Mining. The Board of Directors is chaired by Rex McLennan and includes independent directors such as Margaret Beck and Ken Pickering, providing deep institutional oversight. Major institutional backing is provided by Van Eck Associates Corp and Tidal Investments LLC, reflecting significant market confidence in the company’s multi-jurisdictional expansion across Mexico, Peru, and Chile.