TIER ONE SILVER Business Summary

Tier One Silver Inc. is a precious metals exploration company focused on creating shareholder value through the discovery of world-class silver, gold, and copper deposits in Peru. As a pre-revenue junior explorer, its business model centers on the strategic acquisition and systematic exploration of high-potential assets, primarily the flagship Curibaya project and the Coastal Copper project. The company operates through a single segment—mineral exploration—leveraging geological data and drilling programs to define resources that can be advanced toward development or divested to major producers. In the competitive landscape of Andean mineral exploration, Tier One Silver competes with other junior explorers such as Kuya Silver Corp., Aftermath Silver Ltd., and Silver Sands Resources Corp. While many peers focus on brownfield redevelopment, Tier One distinguishes itself through its "elephant hunting" strategy, targeting large-scale, high-grade greenfield discoveries in under-explored regions of prolific mining belts. The leadership team is anchored by President, CEO, and Director Peter Dembicki, who brings over a decade of experience in the resource sector and capital markets, previously serving as a key executive at Auryn Resources. The company was co-founded by Ivan Bebek, who serves as Chair and has a distinguished track record of founding and successfully exiting resource companies like Cayden Resources and Keegan Resources. Supporting the technical execution is COO Christian Brousseau, a professional engineer with over 30 years of experience in mine development and construction, including roles at Detour Gold and Agnico Eagle. The board is further strengthened by the presence of David Gower, a veteran geologist with extensive experience at Falconbridge (now Glencore). This management pedigree provides the company with significant institutional credibility and access to the capital necessary to fund high-risk, high-reward exploration initiatives.