Silver Dollar Resources Inc. — Board/Management Information 2021

Jan 20, 2021

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FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1: Name and Address of Company

Silver Dollar Resources Inc. (the “Company” or “Silver Dollar”) Suite 416, 108 – 800 Kelly Road Victoria, BC, V9B 6J9

Item 2: Date of Material Change

January 20, 2021

Item 3: News Release

A news release was issued January 20, 2021 at Vancouver, British Columbia and was disseminated by Newsfile.

Item 4: Summary of Material Change

Mr. Guillermo Lozano-Chávez has been nominated to join the board of directors and will stand for election at its upcoming Annual General and Special Meeting on February 25, 2021. Mr. Garry Clark, P.Geo., will not stand for re-election to the Company’s board of directors.

Item 5: Full Description of Material Change

Mr. Guillermo Lozano-Chávez has been nominated to join the board of directors and will stand for election at its upcoming Annual General and Special Meeting on February 25, 2021.

Mr. Lozano is a Professional Geologist with over 40 years of experience in mineral exploration in Latin America and manages his own geological consulting firm. Previously, he was vice president

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of exploration for First Majestic Silver Corp., where he was responsible for all exploration programs in and around five operating mines. Before joining First Majestic, he was director of exploration for Silver Standard Resources Inc., where he managed their Mexico exploration and oversaw their Peruvian and Argentinian exploration activities from 2002 through 2012. Prior to joining Silver Standard and since 1990, he worked as a consultant for several international major and junior companies in Central and South America, while managing his consulting firm in Mexico. Before that, he worked for the Penoles Group as an exploration geologist and mine manager.

Mr. Lozano holds a Bachelor of Science in Geological Engineering from the National Polytechnical Institute of Mexico City, a Master of Science degree in Geology from the University of Missouri at Columbia, and a Master of Business Administration in Finance, from the University of Texas at El Paso.

Mr. Garry Clark, P.Geo., will not stand for re-election to the Company’s board of directors at its Annual General and Special Meeting. The board thanks Mr. Clark for his contribution to the Company and wishes him well in all his future endeavours.

Item 6: Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102

Not applicable

Item 7: Omitted Information

Not applicable

Item 8: Executive Officer

Michael Romanik, President and Chief Executive Officer Telephone (204) 726-0151

DATED AT Victoria, British Columbia this 20[th] day of January, 2021.

SILVER DOLLAR RESOURCES INC.

Signed “Glen Wallace”

per Glen Wallace, MBA, CPA, CGA