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Aya Gold & Silver unveils Inaugural Climate Change Report

Aya Gold & Silver Inc. is pleased to announce the release of its inaugural Climate Action Report. The Report is a significant milestone for Aya and follows our February 2023 press release announcing signing of a renewable energy Power Purchase Agreement (“PPA”), which will reduce Zgounder Silver Mine’s carbon intensity by 88% in 2025.

Benoit La Salle, President & CEO, said, “Aya has made significant strides in understanding our carbon footprint and addressing climate-related risks and opportunities over the past three years. Through Zgounder’s 2024 connection to renewable-energy power, we are driving an 88% reduction in greenhouse gas (“GHG”) emissions in 2025 that will position it among the lowest-carbon silver mines in the world. In this report, we also detail the on-site initiatives underway to enhance water storage, tracking and access with the aim of improving physical and community resiliency and setting water targets in 2024. We will also continue to enhance climate-related reporting including strengthening our Scope 3 emissions approach and disclosing our water and climate impacts through CDP for the first time.”

The Report was prepared in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (“TCFD”) and outlines how Aya is addressing climate change risks and opportunities and the resiliency of its Zgounder Silver Mine to climate impacts. The Report complements Aya’s 2022 Sustainability Report and ESG report, all of which are available for download at ayagoldsilver.com/reports-disclosures/.

About Aya Gold & Silver Inc.

Aya Gold & Silver Inc. is a rapidly growing, Canada-based silver producer with operations in the Kingdom of Morocco. The only TSX-listed pure silver mining company, Aya operates the high-grade Zgounder Silver Mine and is exploring its properties along the prospective South-Atlas Fault, several of which have hosted past-producing mines and historical resources. Aya’s Moroccan mining assets are complemented by its Tijirit Gold Project in Mauritania, which is being advanced to feasibility.

Aya’s management team maximizes shareholder value by anchoring sustainability at the heart of its production, resource, governance, and financial growth plans.

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