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Early Warning News Release

Vancouver, British Columbia--(Newsfile Corp. - October 7, 2025) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that it has today disposed of 37,600,000 common shares (each a "Share") of Silver Storm Mining Ltd. ("Silver Storm") pursuant to a share purchase and sale agreement (and not through the facilities of the TSX Venture Exchange) at a price of CAD0.2318perShareforgrossaggregateproceedsofCAD0.2318 per Share for gross aggregate proceeds of CAD8,715,680 (the "Sale").Immediately prior t ...