Sotkamo Silver AB

Legal Proceedings Report • Feb 18, 2025

SOTKAMO SILVER AB: VEHICLE FIRE IN THE MINE, NO KNOWN INJURIES, PRODUCTION TEMPORARILY HALTED

Sotkamo Silver AB | Stock Exchange Release | February 18, 2025 at 12:20:00 EET

Sotkamo Silver AB, Stock Exchange Release, Stockholm, 18 February 2025 at 12.20 (EET)

SOTKAMO SILVER AB: VEHICLE FIRE IN THE MINE, NO KNOWN INJURIES, PRODUCTION TEMPORARILY HALTED

A vehicle caught fire in Sotkamo Silver's mine this morning shortly before 9 AM. All 18 people currently in the mine are in a safe shelter below the smoke level and are not exposed to it. They have all been contacted and are not in immediate danger.

"The burning truck was located at a depth of approximately 100 meters, and the cause of the fire is not yet known. The rescue service arrived at the scene at 9:45 AM and is leading the rescue operations. Production has been temporarily halted, and the duration of the shutdown is still unknown. The company will provide further updates on the consequences of the accident as more details become available," says Mikko Jalasto, CEO of Sotkamo Silver.

CONTACT INFORMATION

Mikko Jalasto,

CEO of Sotkamo Silver AB

mikko.jalasto@silver.fi

+358 50 482 1689

Sotkamo Silver in brief

Sotkamo Silver is a mining and ore prospecting company that develops and utilises mineral deposits in the Kainuu region in Finland. Sotkamo Silver supports the global development towards green transition technologies and produces the metals needed responsibly and by taking local stakeholders into account. Sotkamo Silver's main project is a silver mine located in Sotkamo, Finland. In addition to silver, the mine produces gold, zinc and lead. The company also has mining and ore prospecting rights for mineral deposits in the vicinity of the silver mine in Kainuu. Sotkamo Silver Group consists of the parent company Sotkamo Silver AB and its whollyowned Finnish subsidiary (Sotkamo Silver Oy). Sotkamo Silver AB is listed at NGM Main Regulated in Stockholm (SOSI), Nasdaq Helsinki (SOSI1), and Börse Berlin.

STOCK EXCHANGE RELEASE 18 February 2025 12:20:00 EET

Read more about Sotkamo Silver at www.silver.fi/en/