P AN AMERIC AN SIL VER 1 A b o u t P a n A m e r i ca n S i l v e r P an Americ an Silv er eng ag e s in mining pr ecious met als and r elat ed activitie s including e xplor ation mine de v elopment e xtr action pr oc e s sing r e fning and r eclamation The C omp an y o wns and oper at e s silv er and g old mine s loc at ed in Me xic o P eru B olivia Ar g entina Guat emala and Canada In addition the C omp an y is e xploring ne w miner al depo sit s and opportunitie s thr oughout North and S outh Americ a P an Americ an Silv er is lis t ed on the f ollo wing St ock E x chang e s T or ont o St ock E x chang e T S X S ymbol P AA S Nas daq Glob al S elect Mark et NA SD A Q S ymbol P AA S C o r e B u s i n e s s a n d S t r a t e g y O ur vision is t o be the w orld s pr emier silv er pr oduc er with a r eput ation f or e x c ellenc e in dis c o v er y engineering inno v ation and sus t ainable de v elopment O ur s tr at egy t o achie v e this vision is t o Gener at e sus t ainable pr o ft s and superior r eturns on in v e s tment s thr ough the s af e efcient and en vir onment ally s ound de v elopment and oper ation o f our as s et s C ons t antly r eplac e and gr o w our r e s er v e s and r e s our c e s thr ough t ar g et ed ne ar mine e xplor ation and busine s s de v elopment F o s t er po sitiv e long t erm r elationship s with our emplo y ee s shar eholder s c ommunitie s and loc al g o v ernment s thr ough open and hone s t c ommunic ation and ethic al and sus t ainable busine s s pr actic e s C ontinually s e ar ch f or opportunitie s t o upgr ade and impr o v e the qualit y o f our as s et s both int ernally and thr ough ac quisition E nc our ag e our emplo y ee s t o be inno v ativ e r e sponsiv e and entr epr eneurial thr oughout our entir e or g aniz ation Cr e ating sus t ainable v alue f or s t ak eholder s thr ough oper ating in a r e sponsible and ethic al manner and applying sus t ainabilit y be s t pr actic e s T o e x ecut e our vision P an Americ an Silv er attr act s de v elop s and r et ains a s ect or le ading t e am o f mining pr o f e s sionals O ur t e am has a depth o f kno wledg e and e xperienc e in all aspect s o f our busine s s which enable s us t o c onfdently adv anc e e arly s t ag e pr oject s thr ough c ons truction and int o oper ation W e c ontinue t o look t o applying the Unit ed Nations Sus t ainable D e v elopment Go als t o shape our sus t ainabilit y w ork