Silver Bull Resources, Inc. — Proxy Solicitation & Information Statement 2023

Feb 28, 2023

D99764-P86249

Your Vote Counts!

SILVER BULL RESOURCES, INC.

2023 Annual Meeting Vote by April 19, 2023 11:59 PM ET

You invested in SILVER BULL RESOURCES, INC. and it's time to vote!

You have the right to vote on proposals being presented at the Annual Meeting. This is an important notice regarding the availability of proxy material for the shareholder meeting to be held on April 20, 2023.

Get informed before you vote

View the Form 10-K, Proxy Statement and Notice of Annual Meeting of Shareholders online OR you can receive a free paper or email copy of the material(s) by requesting prior to April 6, 2023. If you would like to request a copy of the material(s) for this and/or future shareholder meetings, you may (1) visit www.ProxyVote.com, (2) call 1-800-579-1639 or (3) send an email to sendmaterial@proxyvote.com. If sending an email, please include your control number (indicated below) in the subject line. Unless requested, you will not otherwise receive a paper or email copy.

For complete information and to vote, visit www.ProxyVote.com

Control #

Smartphone users

Point your camera here and vote without entering a control number

Vote in Person at the Meeting*

April 20, 2023 10:00 AM PDT

Silver Bull Resources, Inc. 777 Dunsmuir Street Suite 1605 Vancouver, British Columbia V7Y 1K4 Canada

*If you choose to vote these shares in person at the meeting, you must request a "legal proxy." To do so, please follow the instructions at www.ProxyVote.com or request a paper copy of the materials, which will contain the appropriate instructions. Please check the meeting materials for any special requirements for meeting attendance.

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Vote at www.ProxyVote.com

THIS IS NOT A VOTABLE BALLOT

This is an overview of the proposals being presented at the upcoming shareholder meeting. Please follow the instructions on the reverse side to vote these important matters.

SILVER BULL RESOURCES, INC.

2023 Annual Meeting

Vote by April 19, 2023

11:59 PM ET

Voting Items	Board Recommends
1. Election of Directors
Nominees:

1. Brian D. Edgar
2. Timothy T. Barry
3. David T. Underwood
4. William F. Matlack | ☑ For | | 2. Ratification and approval of the appointment of Smythe LLP, Chartered Professional Accountants, as the Company's independent registered public accounting firm for the fiscal year ending October 31, 2023. | ☑ For | | 3. Approval, on a non-binding advisory basis, of the compensation of the Company's named executive officers. | ☑ For | | NOTE: Such other business as may properly come before the meeting or any adjournment thereof. | |

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