Dundee Precious receives Bosnian OK for Adriatic deal

Ms. Jennifer Cameron reports DUNDEE PRECIOUS METALS ANNOUNCES SATISFACTION OF BOSNIAN COMPETITION COUNCIL CONDITION FOR ACQUISITION OF ADRIATIC METALS The condition to the proposed acquisition by Dundee Precious Metals Inc. of Adriatic Metals PLC, previously announced on June 13, 2025, with respect to receiving the approval of the transaction by the Competition Council of Bosnia and Herzegovina in accordance with the Bosnian Competition Act, has been satisfied. The parties are able to proceed with the transaction subject to obtaining all applicable shareholder approvals and the approval of the High Court of Justice in England and Wales, the delivery of a copy of the High Court of Justice's order to the Registrar of Companies in England and Wales, and satisfying all other conditions. In connection with the coming special meeting of shareholders to be held on Aug. 13, 2025, Dundee Precious shareholders are encouraged to read the management information circular included in the meeting materials previously mailed to Dundee Precious shareholders and cast their vote with respect to the share issuance resolution. The board of directors of Dundee Precious has been advised by BMO Capital Markets as to the financial terms of the transaction and considers the transaction to be in the best interest of Dundee Precious and fair to Dundee Precious from a financial point of view. The Dundee Precious board recommends that Dundee Precious shareholders vote for the resolution of the Dundee Precious shareholders to approve the issuance of Dundee Precious common shares in the transaction at the meeting. Shareholder questions and assistance If you have any questions or require assistance voting your shares, please contact the company's proxy solicitation agent, Laurel Hill Advisory Group, at 1-877-452-7184 toll-free in North America or call collect outside of North America at 1-416-304-0211, or by e-mail at [email protected]. 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.