MINCO SILVER CORPORATION — Proxy Solicitation & Information Statement 2025

May 27, 2025

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MINCO SILVER CORPORATION

NOTICE OF ANNUAL GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON JUNE 20, 2025

TO: The Shareholders of Minco Silver Corporation.

TAKE NOTICE that the 2025 Annual General Meeting of the Shareholders of MINCO SILVER CORPORATION. (hereinafter called the "Corporation") will be held at Suite 2060 - 1055 West Georgia Street, Vancouver, British Columbia, on:

FRIDAY, JUNE 20, 2025

At the hour of 10:30 a.m. (Vancouver time) for the following purposes:

1. to receive the financial statements of the Corporation for the financial year ended December 31, 2024, together with the report of the auditors thereon;
2. to set the number of directors at four;
3. to elect directors of the Corporation for the ensuing year;
4. to appoint the auditors of the Corporation for the ensuing year and to authorize the directors to fix their remuneration; and

Accompanying this notice of meeting is the management information circular, a form of proxy and a financial statement request form.

A shareholder entitled to attend and vote at the Meeting can appoint a proxyholder to attend and vote in his stead. If you cannot attend the Meeting, or any adjournment thereof in person, please read the Notes Accompanying the Form of Proxy enclosed herewith and then complete and return the Proxy within the time set out in the Notes. Management solicits the enclosed Form of Proxy, but, as set out in the Notes, you may amend it if you so desire by striking out the names listed therein and inserting in the space provided the name of the person you wish to represent you at the Meeting.

DATED at Vancouver, British Columbia, this 14th day of May 2025.

BY ORDER OF THE BOARD OF DIRECTORS

/s/ Ken Z. Cai
Ken Z. Cai
Chairman, Chief Executive Officer and Director

> If you are a non-registered shareholder of the Corporation and receive these materials through your broker or through another intermediary, please complete and return the materials in accordance with the instructions provided to you by your broker or by the other intermediary. Failure to do so may result in your shares not being eligible to be voted by proxy at the Meeting.

MANAGEMENT INFORMATION CIRCULAR