First Andes Silver Ltd. — AGM Information 2024

Jun 5, 2024

FIRST ANDES SILVER LTD.

(the “Company”)

FORM OF PROXY

Annual General Meeting to be held on June 27, 2024 at 10:00 a.m. (PDT) Via Telephone Conference , (the “Meeting”) Proxies must be received by 10:00 a.m (PDT) on Tuesday, June 25, 2024

VOTING METHOD

P	Via Telephone Conference , (the “Meeting”)roxies must be received by10:00 a.m(PDT) onTuesday, June 25, 2024VOTING METHOD
INTERNET	Go to**https://css.olympiatrust.com/pxlogin**and enter the 12-digit control number shown on reverse.
EMAIL	proxy@olympiatrust.com
FACSIMILE	(403) 668-8307
MAIL	Olympia Trust Company
	PO Box 128, STN M
	Calgary, AB T2P 2H6
	Attn: Proxy Dept.

The undersigned hereby appoints JACOB GARLAND, CEO of the Company, or failing MATTHEW ANDERSON, CFO of the Company, or failing him CHARLES HETHEY , Director (the “Management Nominees”), or instead of any of them, the following Appointee

Please print appointee name

as proxyholder on behalf of the undersigned with the power of substitution to attend, act and vote for and on behalf of the undersigned in respect of all matters that may properly come before the Meeting and at any adjournment(s) or postponement(s) thereof, in accordance with voting instructions, if any, provided below.

- SEE VOTING GUIDELINES ON REVERSE -

RESOLUTIONS – MANAGEMENT VOTING RECOMMENDATIONS ARE INDICATED BY HIGHLIGHTED TEXT

1. Number of Directors

1. Number of Directors FOR AGAINST To set the number of directors to be elected at the Meeting at four (4).   2. Election of Directors FOR WITHHOLD a) Jacob Garland   b) Charles Hethey   c) Patrick Hickey   d) David Greig Hutton  

2. Election of Directors

Appointment of Auditors	FOR	WITHHOLD
Appointment of Manning Elliott LLP, Chartered Professional Accountants as Auditors of the Company for the ensuingyear and authorizing the Directors to fix their remuneration		
Approval of Stock Option Plan	FOR	AGAINST
To consider, and if thought fit, to pass an ordinary resolution approving and ratifying the Company’s 10% rolling stockoption plan as more particularly described in the accompanying Information Circular.		
Approval of Equity Incentive Compensation Plan	FOR	AGAINST
To consider, and if thought fit, to pass an ordinary resolution approving and ratifying the Company’s Equity IncentiveCompensation Plan as more particularly described in the accompanying Information Circular.		

3. Appointment of Auditors

4. Approval of Stock Option Plan

5. Approval of Equity Incentive Compensation Plan

This proxy revokes and supersedes all earlier dated proxies and MUST BE SIGNED

PLEASE PRINT NAME

Signature of registered owner(s) Date (MM/DD/YYYY)

Request for Financial Statements

In accordance with securities regulations, security holders may elect to receive Annual Financial Statements, Interim Financial Statements and MD&As. Instead of receiving the financial statements by mail, you may choose to view these documents on SEDAR at www.sedar.com. I am currently a security holder of the Company and as such request the following:

Interim Financial Statements with MD&A – Check the box to the Annual Financial Statements with MD&A – Check the box to right if you would like to RECEIVE interim financial statements and the right if you would like to RECEIVE the Annual Financial accompanying Management’s Discussion & Analysis by mail. Statements and accompanying Management’s Discussion and Analysis by mail.

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Proxy Voting – Guidelines and Conditions

1. THIS PROXY IS SOLICITED BY MANAGEMENT OF THE COMPANY.

2. THIS PROXY SHOULD BE READ IN CONJUNCTION WITH THE MEETING MATERIALS PRIOR TO VOTING.

1. If you appoint the Management Nominees to vote your securities, they will vote in accordance with your instructions or, if no instructions are given, in accordance with the Management Voting Recommendations highlighted for each Resolution on the reverse. If you appoint someone else to vote your securities, they will also vote in accordance with your instructions or, if no instructions are given, as they in their discretion choose.

2. Each security holder has the right to appoint a person other than the Management Nominees specified herein to represent them at the Meeting or any adjournment or postponement thereof. Such right may be exercised by inserting in the space labeled “ Please print appointee name ”, the name of the person to be appointed, who need not be a security holder of the Company.

3. The proxy confers discretionary authority in respect of amendments or variations to matters identified in the Notice of Meeting or other matters that properly come before the meeting or any adjournment or postponement thereof.

4. To be valid, this proxy should be signed in the exact manner as the name appears on the proxy. If the proxy is not dated, it is deemed to bear the date of its mailing to the security holders of the Company.

5. To be valid, this proxy must be filed using one of the Voting Methods and must be received by Olympia Trust Company before the date noted on the reverse, or in the case of any adjournment or postponement of the Meeting not less than 48 hours (Saturdays, Sundays and holidays excepted) before the time of the adjourned or postponed meeting.

6. Guidelines for proper execution of the proxy are available at www.stac.ca. Please refer to the Proxy Protocol.