Reyna Silver Corp. — AGM Information 2022

Jun 7, 2022

REYNA SILVER CORP. 410 – 325 Howe Street Vancouver, BC V6C 1Z7 Tel: (604) 687-3520

NOTICE OF ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

NOTICE IS HEREBY GIVEN that the annual general and special meeting (the " Meeting ") of the shareholders of Reyna Silver Corp. (the " Company ") will be held at 10[th] Floor, 595 Howe Street, Vancouver, British Columbia V6C 2T5 on Tuesday, June 28, 2022 at 9:00 a.m. (Pacific Time). Shareholders will also be able to access the Meeting by teleconference using the details below.

At the Meeting, the shareholders will receive the audited financial statements of the Company for the fiscal year ended December 31, 2021, together with the auditors' report thereon, and consider resolutions to:

1. to fix the number of directors at five (5) for the ensuing year;

2. to elect directors for the ensuing year as described in the information circular accompanying this Notice;

3. to re-appoint De Visser Gray LLP as the Company's auditors for the ensuing fiscal year at a remuneration to be fixed by the directors;

4. to consider, and if thought fit, approve, with or without variation, by ordinary resolution, a new 10% long-term incentive plan of the Company, the full text of which is set out in Schedule "A" of the accompanying Information Circular; and

5. to transact such further or other business as may properly come before the Meeting and any adjournments thereof.

Due to the COVID-19 pandemic, the Company is offering Shareholders the option to listen and participate (but not vote) at the Meeting in real time by Zoom conference at https://us02web.zoom.us/j/87407934691 (Meeting ID: 874 0793 4691). Please note, voting will NOT be permitted over Zoom, so you MUST complete the proxy form if you are attending the meeting by teleconference and wish to vote .

The specific details of the foregoing matters to be put before the Meeting are set forth in the information circular (the " Information Circular ") accompanying this notice. The audited financial statements and related MD&A for the Company for the financial year ended December 31, 2021 have already been mailed to those shareholders who have previously requested to receive them. Otherwise, they are available upon request to the Company or they can be found on SEDAR at www.sedar.com.

The Board of Directors of the Company has by resolution fixed the close of business on May 20, 2022 as the record date for the Meeting, being the date for the determination of the registered

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holders of common shares of the Company entitled to notice of and to vote at the Meeting and any adjournment(s) thereof.

This notice is accompanied by the Information Circular, a form of proxy and a supplemental mailing list return card.

Proxies to be used at the Meeting must be deposited with the Company, c/o the Company's transfer agent, TSX Trust Company, at 301 – 100 Adelaide Street West Toronto ON M5H 4H1 no later than 9:00 a.m. (Vancouver time) on June 24, 2022, or no later than 48 hours (excluding Saturdays, Sundays and statutory holidays) prior to the date on which the Meeting or any adjournment(s) thereof is held. See also the form of proxy for instructions as to the use of internet voting.

Non-registered shareholders who receive these materials through their broker or other intermediary are requested to follow the instructions for voting provided by their broker or intermediary, which may include the completion and delivery of a voting instruction form.

DATED at Vancouver, British Columbia, this 30[th] day of May, 2022.

BY ORDER OF THE BOARD

“Jorge Ramiro Monroy”

JORGE RAMIRO MONROY

President, Chief Executive Officer and a Director