Dundee Precious shareholders OK Adriatic acquisition

Ms. Jennifer Cameron reports DUNDEE PRECIOUS METALS ANNOUNCES OVERWHELMING SHAREHOLDER APPROVAL FOR ACQUISITION OF ADRIATIC METALS AND NAME CHANGE Dundee Precious Metals Inc. has released the voting results from its special meeting of Dundee Precious shareholders held at 10 a.m. Toronto time on Aug. 13, 2025. At the meeting, shareholders voted to approve both: (i) the issuance of common shares of Dundee Precious in connection with Dundee Precious's proposed acquisition of the issued and to be issued ordinary shares of Adriatic Metals PLC, to be effected by way of a scheme of arrangement under Part 26 of the Companies Act; and (ii) an amendment to the articles of Dundee Precious to change the name of Dundee Precious to DPM Metals Inc. or such other name as the board of directors of Dundee Precious, in its sole discretion, may approve, subject to approval by the applicable regulatory authorities. A total of 122,182,683 Dundee Precious shares were voted at the meeting in respect of the share issuance, and 125,583,567 Dundee Precious shares were voted at the meeting in respect of the name change, representing approximately 73.19 per cent and 75.23 per cent, respectively, of the issued and outstanding Dundee Precious shares. The share issuance and the name change were each approved by more than 99.7 per cent of the votes cast in respect of such resolution at the meeting. Detailed voting results for each item of business considered at the meeting are as follows. Adriatic shareholder approval Dundee Precious also notes that it has been advised that Adriatic has received the requisite shareholder approvals for the scheme at its court meeting and its general meeting, both held earlier today. The completion of the acquisition remains subject to the sanctioning of the scheme by the High Court of Justice in England and Wales (the hearing for which is currently scheduled for Aug. 29, 2025), the delivery of a copy of the court's order to the Registrar of Companies in England and Wales, and the satisfaction (or, where applicable, waiver) of the other conditions set out in Part 3 of the scheme document in respect of the acquisition published by Adriatic on July 14, 2025, a copy of which is accessible on Adriatic's website and on Dundee Precious's website. As announced by Adriatic earlier today, the scheme is currently expected to become effective on Sept. 3, 2025. About Dundee Precious Metals Inc. Dundee Precious is a Canadian-based international gold mining company with operations and projects located in Bulgaria, Serbia and Ecuador. Its strategic objective is to become a mid-tier precious metal company, which is based on sustainable, responsible and efficient gold production from its portfolio, the development of quality assets, and maintaining a strong financial position to support growth in mineral reserves and production through disciplined strategic transactions. This strategy creates a platform for robust growth to deliver above-average returns for Dundee Precious shareholders. Dundee Precious's shares are traded on the Toronto Stock Exchange (symbol: DPM). We seek Safe Harbor.