SilverCrest Metals Inc.
2023  ESG Scorecard
Published on  July 12, 2024
SilverCrest Metals Inc. (the "Company" or "SilverCrest") is a Canadian precious metals producer headquartered in Vancouver, BC, that is focused on new exploration discoveries, value-added acquisitions, and production assets in Mexico’s historic precious metal districts. The Company’s principal focus is its Las Chispas Operation (the "Las Chispas Operation"), in Sonora, Mexico. SilverCrest’s ongoing initiative is to increase its asset base by expanding current resources and reserves, acquiring, discovering, and developing high-value precious metals projects, and ultimately operating multiple silver-gold mines in the Americas. The Company is led by a proven management team in all aspects of the precious metal mining sector, including taking projects through discovery, finance, on-time and on-budget construction, and production.
Disclaimer and Forward Looking Statements
Company Profile
Organizational Profile
Name SilverCrest Metals Inc.
Describe nature of activities, brands, products and services SilverCrest produces silver and gold at its Las
Chispas operation in Sonora, Mexico. Its
activities include exploration, underground
mining, ore processing, as well as gold and silver
doré refining.
Link to Corporate Website https://www.silvercrestmetals.com/
Industry Classification NAICS:
212220 Gold and silver ore mining

ISIC:
B0729 Mining of other non-ferrous metal ores
Market Capitalization $1 Billion USD up to $5 Billion USD
Type of Operations Primarily production oriented
Company Headquarters Vancouver, Canada
ESG Accountability
Role and Name of highest authority within company for Environment, Social and Governance strategy, programs and performance Board of Directors
The Board of Directors has delegated the
oversight of the environmental, social capital,
human capital, and other climate-related
factors to the Safety, Environmental, and Social
Sustainability (“SESS”) Committee, which was
established in May 2019.  The purpose of the
SESS Committee is to assist the Board of
Directors in fulfilling its oversight
responsibilities by reviewing and guiding the
sustainability, social responsibility,
environmental, and health & safety policies and
work plans of the Company. The SESS
Committee has adopted a written charter that
sets out its mandate and responsibilities and is
accessible on the Company’s website. The SESS
Committee meets and reports to the Board of
Directors at least biannually in each fiscal year,
and at such other times during each year as it
deems appropriate. In 2023, the SESS
Committee met four times and plans to meet
four times in 2024. 

At the Management level, a new internal (ESG)
structure was established in 2022, extending
from corporate headquarters to the
operational team in Mexico. This governance
structure ensures that all ESG risks are tracked,
understood, discussed, and addressed at all
levels and geographies of the Company,
including the Board. It also ensures that there is
a clear chain of accountability that enables
ESG-related information to be efficiently
communicated up and down the organization.

Safety, Environmental, and Social Sustainability
Committee Charter
GRI Reporting Requirements
Choose the statement as to how the organization has aligned their reporting utilizing GRI Standards The organization has reported with reference
to the GRI Standards for the period defined
below
ESG Reporting Period
Unless otherwise noted, all data contained in this report covers the following period
From 2023-01-01
To 2023-12-31
External Assurance
Describe your company's policy and practice for seeking external assurance, including whether and how the highest governance body and senior executives are involved For this report, the Company did not seek
external assurance. A policy and practice for
engaging external assurance may be considered
for future reports.  
Has the report been externally assured No
Financial Reporting Period
Does the financial reporting period align with the sustainability reporting period (eg. calendar vs fiscal) Yes
This 2023 ESG Scorecard has the same
reporting period as the Company's financial
reporting period, January 1, 2023, to December
31, 2023. The Company's financial statements
were published earlier on March 11, 2024.
Geographic Scope of Report
Unless otherwise noted, the data in this report covers sustainability matters related to the following locations of operations
   •  Canada
   •  Mexico
SilverCrest is a Canadian-based precious
metals producer headquartered in Vancouver,
BC. The Company's principal focus is operating
its Las Chispas silver and gold operation.
SilverCrest has an ongoing initiative to increase
its asset base by expanding current Mineral
Resource and Reserve Estimates, acquiring,
discovering and developing high value precious
metal projects, and ultimately operating
multiple silver-gold mines in the Americas. As a
result, the data in this 2023 ESG
Scorecard  covers ESG matters primarily for the
Las Chispas Operation in Mexico.
Identify notable exclusions of the geographical and/or business scope of the report, and reference of any existing or planned reports that do or will address these (e.g., assets recently divested or acquired, non-managed joint ventures, specific exploration activities, recently closed sites, etc.) The Company's 2023 ESG Scorecard covers
ESG matters primarily for the Las Chispas
Operation in Mexico.  The Company has other
properties located in Mexico that are either in
the exploration phase or inactive. Please refer
to the Company's Annual Information Form for
additional details on these properties.
2023 Annual Information Form
Reporting Practice
Provide a list of all legal entities included in its sustainability reporting The Company's legal entities included in its
sustainability reporting include SilverCrest
Metals Inc., NorCrest Metals Inc., and
Compañía Minera La Llamarada, S.A. de C.V.
If the organization has audited consolidated financial statements or financial information filed on public record, specify the differences between the list of entities included in its financial reporting and the list included in its sustainability reporting All entities in the Company's audited
consolidated financial statements are also
included in its sustainability reporting.
If the organization consists of multiple entities, explain the approach used for consolidating the information As of December 31, 2023, the Company’s
principal subsidiary was the wholly owned
Compañía Minera La Llamarada, S.A. de C.V.,
located in Mexico, whose principal purpose is
producing silver and gold from the Las Chispas
Operation. Intercompany assets, liabilities,
equity, income, expenses, and cash flows
between the Company and its subsidiaries are
eliminated on consolidation.
Does the approach involve adjustments to information for minority interests Does not apply. The Company does not have
any minority interests.
How does the approach take into account mergers, acquisitions, and disposal of entities or parts of entities The Company includes this information in its
sustainability reporting for all entities it
controls as of December 31, 2023.
Explain whether and how the approach differs across the disclosures in this Standard and across material topics This approach does not differ across the
disclosures in this Standard and across material
topics.
Report the reasons for restatements, if any, from previous reporting periods Yes - due to measurement methodologies or in
the definitions used
Explain the effect of such restatements, if any In 2022, SilverCrest reported a total of 220,758
GJ of energy consumed annually. The correct
figure was 89,853.34 GJ of which 21,219.46 GJ
was derived from energy consumed from onsite
production, and 68,633.88 GJ corresponded to
energy consumed from purchased electricity.
Provide the full contact details (name, title, address, email and/or phone number) for an individual responsible to address questions regarding the report or its contents Please contact
sustainability@silvercrestmetals.com for
questions regarding the 2023 ESG Scorecard or
its content.
Currency
Unless otherwise noted, all financial figures referenced in this report are in the following currency USD
Membership of Associations
List of the industry associations, other membership associations, and national or international advocacy organizations in which the organisation participates in a significant role, as well as any economic, environmental, and social charters, principles, or other programmes that the organisation subscribes to or supports, such as the United Nations Global Compact (UNGC), etc. CAMIMEX (Mexican Mining Chamber),  Clúster
Minero de Sonora (Sonoran Mining
Cluster),  Clúster Energía Sonora (Sonoran
Energy Cluster), and AIMMGM (Association of
Mining Engineers, Metallurgists and Geologists
of Mexico).
The Company participates on these
associations' conference calls and
presentations about different topics such as
security, safety, and social responsibility.
Scale of the Organization
Describe how the organization defines its "Operation" For the purpose of this report, the operation
includes SilverCrest's corporate activities in
Canada, its Las Chispas Operation in Sonora,
Mexico, and its exploration activities at its El
Picacho property.

The Company's principal focus is its Las Chispas
operation. As a result, the data in this 2023 ESG
Scorecard covers ESG matters primarily for the
Las Chispas operation in Mexico.
Report the total number of operations 1
Report the quantity of products or services provided during the reporting period and provide description (e.g. number of units produced, amount of primary commodity produced, number of services provided, etc.) The Company's recovered metal totalled
59,700 ounces of gold and 5.65 million ounces
of silver.  Total metal sold during the reporting
period was 58,200 ounces of gold and 5.62
million ounces of silver.
Report the net sales (revenue) during the reporting period (currency, Thousands) 245,130
Markets served by the reporting organization, including:
Geographic locations where products and services are offered
   •  Canada
   •  United States of America
Gold and silver doré produced at the Las
Chispas Operation requires further refining by
third parties before being provided to the
market as bullion. During 2023, its customers
consisted of three North American based
bullion traders.
Describe the demographic and/or any other characteristics of the markets served Gold and silver doré can be readily sold on
many markets throughout the world and the
market price can be ascertained on demand.
Are there any products or services that are banned in certain markets or are the subject of stakeholder concerns or public debate SilverCrest does not produce products or
services banned in any markets.
Fragile and Conflict-Affected Situations
Identify all of the entity's countries of operations that align with the World Bank's list of "Fragile and Conflict-Affected Situations" None
Mineral Resource Types in Scope
Which of the following mineral resource types are covered by this report
   •  Inferred
   •  Indicated
   •  Measured
Las Chispas Mineral Resource and Reserve
Estimates
Mineral Reserve Types in Scope
Which of the following mineral reserve types are covered by this report
   •  Proven
   •  Probable
Las Chispas Mineral Resource and Reserve
Estimates
Raw Material Produced
The total amount of raw material produced - Metals 177.694
Gold (Au) (tonne) 1.857
During 2023, the Company recovered 59,700
ounces of gold at its Las Chispas Operation.
Silver (Ag) (tonne) 175.837
During 2023, the Company recovered 5.65
million ounces of silver at its Las Chispas
Operation.
Finished Product for Sale
Total amount of finished product for sale - Metals 177.694
Gold (Au) (tonne) 1.857
During 2023, the Company recovered 59,700
ounces of gold at its Las Chispas Operation.
Silver (Ag) (tonne) 175.837
During 2023, the Company recovered 5.65
million ounces of silver at its Las Chispas
Operation.
Strategy
Link to company's statements of: Purpose, Vision, Mission and Values; Sustainability/ESG strategy (URL) https://www.silvercrestmetals.
com/sustainability/reporting/
Please refer to the Company's ESG strategy in
the 2023 ESG Report.
Provide a statement from the highest governance body or most senior executive of the organization (i.e., CEO, chair, or equivalent senior position) about the relevance of sustainable development to the organization and its strategy for contributing to sustainable development. (CEO's message for this report) Please refer to the 2023 ESG Report.
Material Topics
Governance of Material Topics
Describe the process followed to determine the organization's material topics, including:
How did the organization identify the material topics
   •  Environmental impact assessment
   •  Social impact assessment
   •  Materiality Assessment
   •  Other external sources, please list
We also engage our local stakeholders on a
continuous basis including local community
groups and government organizations.
How did the organization prioritize the impacts based on their significance In 2020, SilverCrest underwent a materiality
assessment in which stakeholders were asked
to rank material ESG issues related to the
Company. The findings from this survey and the
subsequent materiality matrix produced were
integral to informing SilverCrest's ESG
strategy. In addition, a climate risk analysis was
conducted as part of SilverCrest's TCFD
reporting process. The findings from that
analysis identified drought and water scarcity
as the main physical climate risks.
In 2023, SilverCrest regularly engaged with
local stakeholder groups to better anticipate
their challenges and potential concerns.
Please see the 2023 ESG Report for more
information on the materality assessment
completed in 2020 and 2022 TFCF Report.

Sustainability Reporting
Materiality Matrix
Specify the stakeholders and experts whose views have informed the process of determining its material topics and provide details
   •  Business partners
   •  Employees and other workers
   •  Local communities
   •  Shareholders and other capital providers
List the organization's material topics
   •  Water
   •  Occupational Health and Safety
   •  Labor Practices
   •  Local Communities
   •  Effluents and Waste
Report changes to the list of material topics compared to the previous reporting period There are no significant changes to the list of
material topics.
Material Topic #1: Water
An explanation of why the topic is material; describe the actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights In 2021, SilverCrest conducted a climate risk
analysis as part of its TCFD reporting process.
The analysis identified water scarcity and
drought to be the key climate risks for the
Company. Although the Company does not
expect operational disruptions related to water
shortage to occur throughout the life cycle of
mine operations, it is expected that water
scarcity and droughts will have a major impact
on the surrounding communities that rely on
water for their livelihoods and wellbeing.
Where the impacts occur On site, but primarily in the communities near
SilverCrest's Las Chispas mine.
The organization’s involvement with the impacts. e.g., whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships With its much lower water usage rate of 12 L/s,
SilverCrest has minimal direct impacts on
water availability in the region compared to the
surrounding agricultural activities which
consume 2100 L/s.  Nevertheless, the company
uses the same water source for its mining
operations. SilverCrest is projected to have a
net positive water impact as a result of its
water-related community projects and
initiatives over the life of the mine.  
Report whether the organization is involved with the negative impacts through its activities or as a result of its business relationships, and describe the activities or business relationships Activities
Describe/provide a link to the corporate policies or commitments regarding the topic Water Stewardship Report and Water
Management Policy
Water Stewardship Report

Water Management Policy
Explain how the organization manages the topic and actions to prevent or mitigate potential negative impacts SilverCrest is investing in the local water
infrastructure, such as river water gallery
intakes and agricultural aqueducts to improve
water efficiency and reduce water loss while it
is being diverted to fields. This will have a much
greater impact on improving local water
resilience than marginal operation water usage
reductions, which is why we decided to invest in
these projects. Local communities have started
to benefit from this in 2023, with the year
round water access providing farmers with the
ability to plant twice in a year rather than once,
increasing annual revenues for those that
utilize it.
Describe actions to address actual negative impacts, including actions to provide for or cooperate in their remediation We regularly engage local farmers on the best
way to improve water resilience. In 2023, this
included electrifying well pumps in Sinoquipe
during an especially dry season to prevent their
crops from dying.
Describe actions to manage actual and potential positive impacts During this process of repairing local water
infrastructure, SilverCrest has regularly
engaged local stakeholders for feedback on the
projects. Building these relationships with the
local community, as well as with government
agencies, reduced the risk of losing
SilverCrest's social license to operate.
Report the processes used to track the effectiveness of the actions;
   •  Stakeholder feedback
   •  Measurement systems
   •  Impact assessments
Report the goals, targets, and indicators used to evaluate progress; We measure on-site water withdrawals and
consumption, as well as operational water
recycling rates.
Report the effectiveness of the actions, including progress toward the goals and targets; any related adjustments Provided year round access to water for 57
farmers in Arizpe as a result of the construction
of the river water intake valve.
Lessons learned and how these have been incorporated into the organization’s operational policies and procedures We regularly engage local communities for
feedback and to stay on top of concerns as they
arise. These concerns are reported to corporate
headquarters monthly or ad hoc for more
serious issues.
Describe how engagement with stakeholders has informed the actions taken and how it has informed whether the actions have been effective Engaging local stakeholders was integral in
understanding the needs of the local
communities and identifying the critical water
infrastructure that should be prioritized in our
water stewardship plan and investments.
Continual engagement with stakeholders has
allowed SilverCrest to identify actions that
would benefit its community the most.
Material Topic #2: Local Communities
An explanation of why the topic is material; describe the actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights The Company's Las Chispas operation is
located near the town of Arizpe, as well as
several other small communities. Social license
to operate has historically been a common issue
in the mining industry due to the way local
communities have been affected, the negative
consequences of which can lead to operational
delays. As such, maintaining positive
relationships with the local communities is
important for ensuring long-term business
resilience.
Where the impacts occur Within the local communities and towns in
which they live.
The organization’s involvement with the impacts. e.g., whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships SilverCrest's Las Chispas mine is located 12km
away from Arizpe and 25km away from
Banamichi. The mine construction and
operations have had minimal negative impacts
on the surrounding community, conversely, it
has led to the creation of new jobs for people in
the local area as well as led to improvements in
local water infrastructure.
Report whether the organization is involved with the negative impacts through its activities or as a result of its business relationships, and describe the activities or business relationships Both Activities and business relationships
Describe/provide a link to the corporate policies or commitments regarding the topic Community Policy
Community Policy
Explain how the organization manages the topic and actions to prevent or mitigate potential negative impacts SilverCrest maintains a local presence within
the community of Arizpe. Company
representatives regularly communicate and
engage with local community associations and
groups to understand their needs and how the
Company can facilitate beneficial projects.
These engagements have led to meaningful
positive initiatives, most notably the water
infrastructure development projects that the
Company has funded to address concerns
about water scarcity in the region.
Describe actions to address actual negative impacts, including actions to provide for or cooperate in their remediation Although SilverCrest is not responsible for the
severe water scarcity situation in the region,
the Company has committed to investing US$
1.5M over a 5-year period to improve the water
infrastructure for local communities. During
2023, the Company spent US$0.3 million of this
budgeted amount on various water projects.
SilverCrest has also invested in improving local
infrastructure in other ways such as the
construction of road illumination in Arizpe.
Describe actions to manage actual and potential positive impacts During the year, SilverCrest engaged with local
farmers to illustrate the consistent water
supply post the aqueducts upgrade project
completion. Water availability throughout the
year allows for improved farm yields.
Report the processes used to track the effectiveness of the actions;
   •  Stakeholder feedback
   •  Grievance mechanisms
Report the goals, targets, and indicators used to evaluate progress; This information is not available for the
reporting period.
Report the effectiveness of the actions, including progress toward the goals and targets; any related adjustments Currently, there have been no major issues
raised from local communities that have
resulted in operational delays. This is likely due
to the strong relationships formed and
managed by SilverCrest with these local
communities.
Lessons learned and how these have been incorporated into the organization’s operational policies and procedures This information is not available for the
reporting period.
Describe how engagement with stakeholders has informed the actions taken and how it has informed whether the actions have been effective The Company regularly engages community
associations about any major activities they
plan on taking that will have an impact on the
local community. The stakeholder feedback
from these meetings is integrated into the
actions taken where appropriate. Since
meetings with the community occur on a
regular basis, constant feedback is provided on
the effectiveness of actions taken.
Material Topic #3: Effluents and Waste
An explanation of why the topic is material; describe the actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights Mining is an environmentally disruptive
industry that results in the production of
significant amounts of waste. These different
waste streams, if not managed responsibly can
pose serious environmental and social risks.
SilverCrest ensures that all tailings facilities
meet or exceed regulatory requirements to
secure the safety of our workers and
communities, as well as to mitigate negative
impacts to the immediate environment.
Where the impacts occur At site and the area immediately surrounding
the site.
The organization’s involvement with the impacts. e.g., whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships The Company is directly responsible for all the
waste that it produces throughout mining
operations.
Report whether the organization is involved with the negative impacts through its activities or as a result of its business relationships, and describe the activities or business relationships Activities
Describe/provide a link to the corporate policies or commitments regarding the topic Environmental Policy
2023 Technical Report
Environmental Policy

2023 Technical Report
Explain how the organization manages the topic and actions to prevent or mitigate potential negative impacts The Company implements robust controls for
managing tailings and other waste, from facility
design to management systems and emergency
preparedness plans. These controls aim to
prevent and mitigate any negative impacts
resulting from the waste produced by the
mining operations.  
Describe actions to address actual negative impacts, including actions to provide for or cooperate in their remediation Las Chispas implements a dry stack tailings
system to manage the tailings produced from
ore processing. This form of tailings facility not
only reduces water demand at site by recycling
up to 81% of the water used during ore
processing but also results in a much more
stable solid tailings end waste product which is
significantly better from a safety and
environmental protection standpoint as there
is no risks of a tailings dam breaking.  In
addition, there are contact water ponds located
downhill from the dry stack tailings facilities to
catch any runoff from heavy rain that would
carry any tailings or harmful mining bi-products
into the environment. SilverCrest monitors the
tailings facilities monthly for leaks and also
measures water quality upstream and
downstream from site every 6 months.
Describe actions to manage actual and potential positive impacts Not Applicable.
Report the processes used to track the effectiveness of the actions;
   •  Internal auditing
   •  Measurement systems
   •  Grievance mechanisms
Report the goals, targets, and indicators used to evaluate progress; SilverCrest conducts daily laboratory analysis
of the chemical composition of the tailings to
ensure they are within the optimum moisture
content and cyanide concentration for safe
storage in the tailings facility. The Company
also regularly monitors water quality to ensure
that there are no leaks of tailings or other
mining waste from the storage facilities.
Report the effectiveness of the actions, including progress toward the goals and targets; any related adjustments There have been no leaks from any of our
tailings and waste storage facilities into the
surrounding soil or water. There have also been
no breaches of environmental compliance with
relation to our tailings facilities.
Lessons learned and how these have been incorporated into the organization’s operational policies and procedures We are constantly monitoring our tailings and
waste storage facilities for areas of
improvement. We work closely with the
Engineer of Record (EoR) to ensure that our
tailings facility is operating optimally and
meeting applicable standards.
Describe how engagement with stakeholders has informed the actions taken and how it has informed whether the actions have been effective Not Applicable.
Material Topic #4: Labor Practices
An explanation of why the topic is material; describe the actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights A talented, organized and well-trained
workforce is the key to success for any business
and is a necessity in the mining industry for
ensuring the safety of the entire
workforce.  SilverCrest ensures that all
employees are treated fairly, in compliance
with local labor regulations and in line with
international human rights standards. Failure
to effectively manage this issue could lead to
safety and reputational risks to the Company.
Where the impacts occur At our site.
The organization’s involvement with the impacts. e.g., whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships The Company is directly responsible for all
aspects of labor practices impacting its direct
employees and works closely with its
contractors to ensure labor practices and
safety protocols are observed also by all
workers who are not employees, but work at
the mine.
Report whether the organization is involved with the negative impacts through its activities or as a result of its business relationships, and describe the activities or business relationships Both activities and business relationships
Describe/provide a link to the corporate policies or commitments regarding the topic Code of Business Conduct and Ethics
Diversity Policy
Human Rights Policy
Health and Safety Policy
Supplier Code of Conduct
Code of Business Conduct and Ethics

Diversity Policy

Human Rights Policy
Explain how the organization manages the topic and actions to prevent or mitigate potential negative impacts The Company has an annual training program
for all employees based on each individual's
needs. The training includes health and safety
(H&S), technical upskilling and soft skills
training sessions. SilverCrest also clearly
outlines the working expectations for its
employees and contractors in its Code of
Business Conduct and Ethics which respects
their human rights in the workplace. All
Company suppliers are required to sign off that
they agree to uphold the commitments in this
policy, including those around worker rights,
before working with SilverCrest.  In addition,
the Company respects employees' right to
unionize and negotiates in good faith with
unions to achieve a desirable outcome for all
parties.

The Company has recently published a Modern
Slavery Report in compliance with new
regulation in Canada that involves an internal
mapping of the potential use of forced or child
labor in its supply chain. In the report, the
company identified areas of potential risks
which will inform management hiring protocols.
Describe actions to address actual negative impacts, including actions to provide for or cooperate in their remediation The Company has an independently operated
grievance mechanism software for receiving
anonymous feedback and complaints.
SilverCrest has an internal process for
processing and resolving all issues that are
received by the grievance mechanism, with
oversight from the Board.
Describe actions to manage actual and potential positive impacts We keep track of the type and number of hours
of training that each employee has completed.
This is to maintain a high level of skill and
competence in the workforce at Las Chispas as
well as to reduce the number of H&S incidents.
Report the processes used to track the effectiveness of the actions;
   •  Stakeholder feedback
   •  Grievance mechanisms
Report the goals, targets, and indicators used to evaluate progress; We measure and disclose our Company
turnover rate, number of training hours,
employee breakdown and percentage of
employees covered by collective bargaining
agreements.
Report the effectiveness of the actions, including progress toward the goals and targets; any related adjustments The robust annual training program at Las
Chispas has meant that the operation has not
suffered any operational delays due to human
error.
Lessons learned and how these have been incorporated into the organization’s operational policies and procedures The Company is always looking for ways to
improve its performance with regard to its
labor practices. It does this by keeping up to
date with applicable human rights and labor
practice regulations and standards and
updating its procedures as appropriate.
Describe how engagement with stakeholders has informed the actions taken and how it has informed whether the actions have been effective The Company encourages a culture of open
feedback and regularly engages employees on
labor issues, integrating their feedback into the
Company's future decisions on related issues.
Material Topic #5: Occupational Health and Safety
An explanation of why the topic is material; describe the actual and potential, negative and positive impacts on the economy, environment, and people, including impacts on their human rights SilverCrest is committed to the safety of all
employees and contractors while working on
site. In the most extreme cases, the negative
consequences of not properly addressing this
issue could result in injury or even death.
Where the impacts occur At our site.
The organization’s involvement with the impacts. e.g., whether the organization has caused or contributed to the impacts, or is directly linked to the impacts through its business relationships Health & Safety risks are part of the mining
industry, but SilverCrest proactively takes the
necessary measures to prevent the occurrence
of workplace injuries.
Report whether the organization is involved with the negative impacts through its activities or as a result of its business relationships, and describe the activities or business relationships Activities
Describe/provide a link to the corporate policies or commitments regarding the topic Health and Safety Policy
Human Rights Policy
Health and Safety Policy

Human Rights Policy
Explain how the organization manages the topic and actions to prevent or mitigate potential negative impacts SilverCrest actively prevents the occurrence of
workplace injuries through the health and
safety systems it has developed. The
Company's health and safety systems and
controls are aligned with international
standards, provide regular health and safety
training, include audits of our health and safety
systems, and measure health and safety
performance.
Describe actions to address actual negative impacts, including actions to provide for or cooperate in their remediation SilverCrest has a protocol for managing and
investigating incidents and injuries that occur
during operations. All incidents are reviewed
monthly by the Health & Safety team at site.
Describe actions to manage actual and potential positive impacts Not Applicable.
Report the processes used to track the effectiveness of the actions;
   •  Internal auditing
   •  External auditing or verification
   •  Measurement systems
Report the goals, targets, and indicators used to evaluate progress; SilverCrest uses LTIFR, TRIFR, AIR, NMFR and
H&S training hours as indicators to measure
H&S performance.
Report the effectiveness of the actions, including progress toward the goals and targets; any related adjustments LTIFR trend for employees and contractors
combined has been on a downward trajectory
since 2021 at Las Chispas. In 2023, we
recorded a total of seven lost time H&S injuries,
including both employees and contractors,
resulting in a LTIFR for the whole workforce of
0.56 per 200,000 work hours. This was a slight
increase compared to 0.42 in 2022, but an
overall downward trend compared to 0.63 in
2021.
Lessons learned and how these have been incorporated into the organization’s operational policies and procedures H&S systems and controls are regularly
reviewed internally and improved where
necessary. H&S risks to employees in the
workplace are also identified on a monthly
basis for improvement. In 2023, the Company
implemented a new safety and leadership
program called “Prometimos Volver” or
“Promise to Return Home”. The program was
designed for all employees and contractors
working at Las Chispas and included several
workshops with the aim of further developing a
culture of health and safety at the site.
Describe how engagement with stakeholders has informed the actions taken and how it has informed whether the actions have been effective Management receives feedback from
employees and contract workers through direct
and indirect communication channels.

The Health and Safety Committee at Las
Chispas conducts a monthly internal safety
audit which includes an inspection of facilities
and processes to identify any unsafe conditions
in the work environment. As part of this
internal audit process, a joint taskforce formed
by the Health and Safety Committee with
relevant site managers will conduct in-depth
investigations into accidents that occurred that
month to identify areas for future
improvement.

During 2023,  training programs were
undertaken to build a culture of safety and
incident prevention. As a result, the operation
achieved 801,268 work hours with no fatalities.
If the management of material topics includes grievance mechanism(s), describe how the stakeholders who are the intended users of the grievance mechanisms are involved in the design, review, operation, and improvement of these mechanism(s) SilverCrest has a grievance mechanism to
provide a formal process for receiving,
registering, investigating and responding to
questions, concerns, suggestions, or grievances
from all stakeholders. It is based on
International Council on Mining & Metals’
(ICMM) good practices for effective grievance
management.  Grievances are reported to
delegated members of the Board. Any concerns
over accounting, internal controls, auditing or
other financial, securities or compliance
matters can be reported directly to the Audit
Committee Chair and/or to the Company's
legal counsel. Please refer to the Company's
Grievance Mechanism and Whistleblower
Policy for more information.
Grievance Mechanism and Whistleblower
Policy
Ownership of the grievance mechanism The grievance mechanism is owned by the
company, but it is administered by ClearView
as an independent third party. Please refer to
the Company's Grievance Mechanism -
Appendix 3 – Grievance Categories and
Assignments.
The purpose of the grievance mechanism and its relationship to other grievance mechanisms The purpose of this grievance mechanism is to
provide a formal process for receiving,
registering, investigating and responding to
questions, concerns, suggestions, or grievances
from community stakeholders and company
employees.
The organization’s activities that are covered by the grievance mechanism Questions, concerns, suggestions, or grievances
covered by the grievance mechanism include:
1. integrity of financial reporting, accounting,
and operational data;
2. violation of laws, regulations, policies, and
procedures;
3. unethical conduct and conflict of interest;
4. fraud and theft;
5. data security and privacy;
6. harm to people, environment, and property;
7. organizational and HR Issues;
8. sensitive organizational and HR issues;
9. whistleblower protection; and
10. suggestions for improvement.

Please refer to the Company's Grievance
Mechanism for more information.
ClearView Connects English

ClearView Connects Spanish
The intended users of the grievance mechanism Internal and external stakeholders including,
but not limited to, employees, suppliers, and
communities.
How the grievance mechanism is managed Please refer to SilverCrest's Whistleblower
Policy and Appendix 2 of the Company's
Grievance Mechanism - Grievance Resolution
Process (Register, Review, Report, and Resolve)
at the link provided below.
Whistleblower Policy

Grievance Mechanism
The process to address and resolve grievances, including how decisions are made Please refer to SilverCrest's Whistleblower
Policy and Appendix 2 of the Company's
Grievance Mechanism - Grievance Resolution
Process (Register, Review, Report, and Resolve)
at the link provided below.
Whistleblower Policy

Grievance Mechanism
The total number of grievances filed through the mechanism during the reporting period 3
The number of grievances that were addressed (or reviewed) during the reporting period 3
The number of grievances that were resolved during the reporting period 3
Supply Chain
Provide a description of the organization’s supply chain, including the types of suppliers (e.g., equipment, consumables, logistics, brokers, contractors, wholesalers, etc.) SilverCrest and its subsidiaries believe that
success is best achieved by making ethical and
responsible business decisions. The Company
adopted a Supplier Code of Conduct, which
outlines the expectations SilverCrest has of
each of the Company’s suppliers, vendors,
contractors, consultants, agents and any others
who provide goods and services to
SilverCrest.  For the Company's Las Chispas
Operation, SilverCrest has entered into various
agreements with suppliers and contractors,
including but not limited to:   underground
mining; drilling;  explosives; power;  supply of
consumables;  catering; security;  personnel
transportation;  and refining.

For Llamarada, the top 50 vendors make up
83.5% of the Company’s total costs. Of the 50
top suppliers, 46 are Mexico based, with three
suppliers originating from the United States
and one originating from Canada. The main
categories of direct suppliers for Llamarada can
be broken down as follows. 20 of the top
50 suppliers by spend provide consumables and
materials for use in the mine itself or onsite
processing plants. Suppliers that lease
machinery and equipment for construction,
mining, and plant processes as well as the
associated services such as drilling and
contractors to operate these processes make
up 16 of the top 50 suppliers for
Llamarada.  This includes our mining
contractor, Cominvi, which is our largest
supplier by spend at 27.1% of total purchases.
The remaining 14 suppliers that make up the
Llamarada's top 50 suppliers by spend provide
a range of products and
services to Llamarada such as sample analysis,
energy services, financial services, insurance,
refining, etc.

For SilverCrest, the top 50 vendors make up
98.8% of the Company’s total costs. Of the 50
top suppliers, 43 originate from Canada, six
suppliers originating from the United States
and 1 originating from Hong Kong.
The geographic location of its suppliers
   •  Canada
   •  Mexico
   •  United States of America
Estimated total number of business entities in its downstream value chain 3
Gold and silver doré produced at Las Chispas
requires further refining by third-party refiners
before being provided to the market as bullion.
The Company currently has a refinery
agreement with a refiner in North America, and
precious metals trading accounts with the
refiner and three other bullion traders. Gold
and silver doré can be readily sold on many
markets throughout the world and the market
price can be ascertained on demand. From the
gold and silver doré produced at Las Chispas in
2023, the Company sold approximately 58,200
ounces of gold for $113.3 million (accounting
for approximately 46% of the Company’s
revenue in 2023) and 5.62 million ounces of
silver for $131.9 million (accounting for
approximately 54% of the Company’s revenue
in 2023) to three customers.
Geographic location of the downstream entities United States of America
Describe any significant changes of business activities, the value chain and other business relationships to the previous reporting period The Company’s principal focus is its Las Chispas
Operation in Sonora, Mexico. The prior year
(2022), was a construction and ramp-up year at
Las Chispas, with construction of the
processing plant completed and commissioned
in late May 2022. The Company declared
commercial production for the Las Chispas
Operation on November 1, 2022. As such, 2023
was the Company's first full year of production
at the Las Chispas Operation. Please refer to
the Company's 2023 Annual Information Form
for details of SilverCrest's three-year history.
2023 Annual Information Form
Environment
Climate Change - Stewardship
Risk Assessments
Have you identified any inherent climate-related risks with the potential to have a substantive financial or strategic impact on your business Yes, we have identified manageable impacts
based on conducted assessments
Risk 1 - Provide details of the most material (financial or strategic) climate-related risks to your operations: In 2021, SilverCrest conducted a physical risk
assessment in line with TCFD
recommendations, which identified water
scarcity as a significant physical climate risk in
the region where we operate. Due to the water-
efficient mine design, water redundancy, and
consumption reduction measures already
implemented at Las Chispas, resulting in a low
water footprint (12 L/s consumption), there is a
low risk that Las Chispas will experience
operational disruption due to drought.
However, we found that our surrounding
communities, which rely heavily on water for
their livelihood and are exposed to the same
water scarcity, do not have the same resilience
measures in place, making them extremely
vulnerable to drought.
Risk classification
   •  Direct Long-term Physical- the impact of
more frequent and intense storms
   •  Chronic Physical - Changes in precipitation
patterns and extreme variability in weather
patterns
Primary potential financial impact
   •  Increased capital and operational costs
   •  Other, please specify
If not managed, may lead to loss of social
license to operate from our community in the
form of operational disruptions caused by
protests.
The methods used to manage the risk Other, please specify
Instead of marginally reducing our water
consumption, we decided to allocate capital
towards direct community water infrastructure
investments to have a much greater impact.
These projects are critical in ensuring access to
water for our nearby communities but also
have the added benefit of improving our social
license to operate.
The costs of actions taken to manage the risk (currency, Thousands) 1,500
US$ 1,500,000 earmarked for water projects
over 5 years.
Risk 2 - Provide details of the most material (financial or strategic) climate-related risks to your operations: Increased risk of flooding was identified as a
climate risk in our physical risk assessment. To
ensure continued access and safety, the
Company built a bridge in 2022 over the
Sonora River in the event of severe flooding,
which can occur during the rainy season, and to
protect the natural flow of the river.
Risk classification
   •  Direct Long-term Physical- the impact of
more frequent and intense storms
   •  Acute Physical - Increased severity and
frequency of extreme weather events, such as
storms, cyclones and floods
Primary potential financial impact
   •  Increased capital and operational costs
   •  Increased indirect (operating) costs
   •  Increased direct costs
   •  Increased insurance claims liability
If the bridge was not built, we could potentially
face operational disruptions and damage to
equipment and assets as a result of severe
flooding.
The methods used to manage the risk Other, please specify
After an evaluation of the potential losses due
to increased flooding that could potentially
disrupt the supply chain for the Las Chispas
Operation, SilverCrest built a bridge over the
Sonora River to eliminate this risk.
The costs of actions taken to manage the risk (currency, Thousands) 1,200
Opportunity Assessments
Have you identified any climate-related opportunities with the potential to have a substantive financial or strategic impact on your business Yes
We have completed and continue to do work on
various water projects to provide more water
for the local communities and the Company is
currently working on a solar project at the Las
Chispas Operation as a cleaner power
alternative.
Opportunity 1 - Provide details of the most material (financial or strategic) climate-related opportunities to your operations: We have identified a renewable (solar) energy
source that will not only reduce the GHG
intensity of the precious metals produced at
the Las Chispas operation, but could also
potentially lead to an improvement in our
energy costs. Further economic assessment
work is planned for 2024.
Opportunity type and classification
   •  Energy source: Other, please specify
   •  Resilience: Participation in renewable
energy programs and adoption of energy-
efficiency measures
Increased share of renewable power in the
energy mix within the next 1-3 years.
Primary potential financial impact driver Reduced direct costs
The methods used to manage the opportunity Use of renewable and lower carbon footprint
energy
Opportunity 2 - Provide details of the most material (financial or strategic) climate-related opportunities to your operations: Opportunities to build and improve
relationships with local stakeholders including
local communities and government agencies
through water stewardship and infrastructure
projects. These relationship-building and
engagement activities improve our social
license to operate and allow us to identify
community-related risks as they arise. Our
water stewardship projects now include
government co-funding of new water
stewardship projects in the region.
Opportunity type and classification Markets: Other, please specify
Potential transferable model of social
engagement for unlocking access to resources
throughout Mexico.
Primary potential financial impact driver
   •  Reduced direct costs
   •  Other, please specify
The methods used to manage the opportunity Other, please specify
SilverCrest's community relations department
based in Arizpe regularly engages with a range
of stakeholders including government agencies
to maintain and further develop these
relationships.
Greenhouse Gas Emissions
Scope 1
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 8,347.140
The percentage of its gross global Scope 1 GHG emissions that are covered under an emissions-limiting regulation or program that is intended to directly limit or reduce emissions, such as cap-and-trade schemes, carbon tax/fee systems, and other emissions control (e.g., command-and-control approach) and permit-based mechanisms 0.0000%
During the 2023 reporting period, Mexico did
not have or implement emissions-limiting
regulations. SilverCrest Metals Inc. reports its
GHG emissions on an annual basis as required
by Mexican Federal law and monitors Mexican
regulations.
Discuss any change in its Scope 1 emissions from the previous reporting period, including whether the change was due to emissions reductions, divestment, acquisition, mergers, changes in output, and/or changes in calculation methodology (i.e. any changes the entity made to the measurement approach, inputs and assumptions during the reporting period and the reasons for those changes, if any) The Company experienced a reduction in Scope
1 emissions compared to the previous
reporting period. This decrease was primarily
due to a reduction in the use of fossil fuels, such
as diesel, and a transition to increased reliance
on national grid electricity.
In the case that current reporting of GHG emissions to the CDP or other entity (e.g., a national regulatory disclosure program) differs in terms of the scope and consolidation approach used, describe the differences and provide those reported emissions. The GHG emissions calculations and totals
disclosed in this report align with the total
Scope 1 emissions reported to Mexican
national regulators.
The entity may discuss the calculation methodology for its emissions disclosure, such as if data are from continuous emissions monitoring systems (CEMS), engineering calculations, or mass balance calculations Calculations for emissions disclosures are
based on annual data derived from
consumption. The data reported includes
information from the Company's production
facilities and equipment that is part of the Las
Chispas' operating mine.
The entity may, where relevant, provide a breakdown of its emissions per resource produced or business unit In this report, SilverCrest discloses its GHG
emissions as one business unit.
Discuss short-term, medium-term and long-term strategy or plan to manage its Scope 1 greenhouse gas (GHG) emissions The Company is currently evaluating the
implementation of a solar project at Las
Chispas to store and use a cleaner energy
source. Preliminary estimates show it could
help reduce GHG emissions by 70%.
Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source GHG emissions calculations for this ESG report
are based on US EPA conversion factors
recommended by the GHG Protocol.
What consolidation approach is used for emissions Not Applicable
Scope 2
If company specific calculations are not available, provide information following the gross location-based energy indirect (Scope 2) global greenhouse gas (GHG) emissions approach:
The total amount of gross location based global Scope 2 GHG emissions (tonnes CO₂-e) 20,365.791
Discuss long-term and short-term strategy or plan to manage Scope 2 emissions, emissions reduction targets, and an analysis of performance against those targets The Company completed the construction of an
electric power transmission line that became
operational in  2022. The electricity used in
production process is generated and
distributed by the national power grid (Mexico).
This provides cleaner energy sources
(combined cycle) than those projected at the
beginning of the Las Chispas operation which
originally included the generation of energy
using fossil fuels. One of the key objectives of
the electric power transmission line was the
reduction of greenhouse gas emissions. The
Company is currently considering rolling out
solar power at Las Chispas to further reduce
Scope 2 emissions.
The Company has not set targets at this time.
Source of the emission factors and the global warming potential (GWP) rates used, or a reference to the GWP source The emission factors used are published in the
Official Journal of the Federation (SEMARNAT
México), which establishes the technical
particularities and formulas for the application
of methodologies for the calculation of
emissions of greenhouse gases or compounds.
The Emission Factor for the national electricity
system is 0.494 tCO2e/MWh. GWP rates used:
CO2 = 1, CH4= 28, and N2O= 265.
Intensity Ratio
The total amount of gross global Scope 1 GHG emissions (CO₂-e) (tonne) 8,347.140
The total amount of gross global Scope 2 GHG emissions (CO₂-e) (tonne) 20,365.791
GHG emissions intensity ratio for the organization 0.067
Enter the value of the denominator to calculate the intensity ratio 431,400.000
Select the organization's specific metric unit chosen as denominator to calculate intensity ratio. (Note: when choosing a company specific metric, it must be used throughout all calculations) Other, please specify
The total ore processed (tonnes) was used as
the denominator to calculate the intensity
ratio.
Types of GHG emissions included in the intensity ratio
   •  Scope 1
   •  Scope 2
Carbon Offset
Credits
How much CO₂ (metric tonnes) offset credits were purchased? 0.000
Greenhouse Gas Emissions
Reduction of GHG emissions
GHG emissions reduced as a direct result of reduction initiatives (in metric tonnes of CO2 equivalent) 5,092.000
Gases included in the calculation CO2
Have you used base year or baseline for the GHG reduction, including the rationale for choosing it Base year
Select in which Scope the reduction took place Direct (Scope 1)
Describe the standards, methodologies, assumptions, and/or calculation tools used Government of Mexico Emissions Calculator
Air Emissions
Emissions Management
Disclose the management approach regarding Emissions SilverCrest previously changed the power
supply (at Las Chispas)  from diesel-powered
electricity generating equipment to national
grid power. This has resulted in a reduction in
emissions. The Company is currently exploring
solar projects to further reduce emissions at
Las Chispas.

For fugitive emissions, efforts are made to
maintain controls to mitigate suspended dust
through the application of road irrigation and
the wetting of mine rock materials.

Quarterly monitoring is implemented for the
direct measurement of particulate matter
emissions.
Emissions of air pollutants that are released into the atmosphere - Particulate Matter 10 micrometres or less in diameter (PM₁₀), reported as PM₁₀ (tonnes) 40.150
Emissions of air pollutants that are released into the atmosphere - lead and lead compounds, reported as Pb (tonnes) 0.000
Emissions of air pollutants that are released into the atmosphere - mercury and mercury compounds, reported as Hg (tonnes) 0.000
Emissions of air pollutants that are released into the atmosphere - non-methane Volatile Organic Compounds (VOCs) (tonnes) 0.000
Discuss the calculation methodology for emissions disclosure Other, please specify
The data presented corresponds to emissions
from electricity generation using diesel as fuel
during the construction stage of the mining
unit. These emissions were calculated using US
EPA emission factors. This equipment is no
longer used, as the facility has been powered by
the national electricity distribution system
since the start-up of the operation.
Ozone-Depleting Substances (ODS)
Production of Ozone Depleting Substances (ODS) in metric tonnes of CFC-11 (trichlorofluoromethane) equivalent 0.000
SilverCrest does not produce, import, and/or
export Ozone Depleting Substances (ODS).
ODS produced in metric tonnes of CFC-11 (trichlorofluoromethane) (tonnes) 0.000
Amount of ODS destroyed by approved technologies (tonnes) 0.000
Amount of ODS entirely used as feedstock in the manufacture of other chemicals (tonnes) 0.000
Import amount of ODS in metric tonnes of CFC-11 (trichlorofluoromethane) 0.000
Export amount of ODS in metric tonnes of CFC-11 (trichlorofluoromethane) equivalent 0.000
Significant Air Emissions
Report significant air emissions - Very Volatile (gaseous) Organic Compounds (VVOCs):
Propane (kg) 0.000
Butane (kg) 0.000
Methyl chloride (also known as: chloromethane) (kg) 0.000
Report significant air emissions - Semi-Volatile Organic Compounds (SVOCs):
Pesticides, (e.g., DDT, chlordane) (kg) 0.000
Plasticizers (e.g., phthalates) (kg) 0.000
Flame retardants (polychlorinated biphenyls or PCBs, polybrominated biphenyls or PBBs) (kg) 0.000
Benzyl alcohol (kg) 0.000
Hazardous Air Pollutants (HAPs) (kg) 0.000
Total Particulate Matter (TPM) (kg) 40.150
PM2.5 (kg) 0.000
PM10 (kg) 40.150
Source of the emission factors used EPA Emission Factors
Standards, methodologies, assumptions, and/or calculation tools used Calculations were based on EPA standard
criteria and hazardous air pollutants (HAP) for
industrial and non-industrial processes.
Energy
Energy Consumption
Total energy consumption within the organization 149,303.000
In 2022, SilverCrest reported a total of 220,758
GJ of energy consumed annually. The correct
figure was 89,853.34 GJ of which 21,219.46 GJ
was derived from energy consumed from onsite
production, and 68,633.88 GJ corresponded to
energy consumed from purchased electricity.
Report the energy owned and controlled by the organization consumed in gigajoules for the following 149,303.000
Electricity purchased/generated for consumption (gigajoules, GJ) 148,087.000
Heating purchased/generated for consumption (gigajoules, GJ) 0.000
Cooling purchased/generated for consumption (gigajoules, GJ) 0.000
Steam purchased/generated for consumption (gigajoules, GJ) 0.000
Non-renewable fuel consumed (gigajoules, GJ) 1,216.000
Renewable fuel consumed (gigajoules, GJ) 0.000
Report energy owned and controlled by the organization sold in gigajoules and report the totals for each 0.000
Electricity sold (gigajoules, GJ) 0.000
Heating sold (gigajoules, GJ) 0.000
Cooling sold (gigajoules, GJ) 0.000
Steam sold (gigajoules, GJ) 0.000
Report the standards, methodologies, assumptions, conversion factors and/or calculation tools used Direct metering equipment and consumption
receipts provided by the electricity distribution
network supplier.
Energy Management
Total energy consumed in aggregate, in gigajoules (GJ) (hydrocarbons and electricity) including the fuel types used (e.g., biomass, hydro-electric power or bioenergy) 149,303.000
During 2023, the Company consumed 3,971 GJ
from electricity and 148,087 GJ from the
national electricity grid.
Percentage energy consumed that was supplied by grid electricity 99.1855%
Percentage of energy consumed that is renewable energy (does not include purchased grid-mix) 0.0000%
Energy
Energy Intensity Ratio
What is the organization-specific metric to identify the denominator for calculating Energy Intensity Ratio (Note: when choosing a company specific metric, it must be used throughout all calculations) Production volume
Report the energy intensity ratio for inside the organization (This intensity ratio is the total ratio for all countries in which the company operates) 0.346
Energy Intensity
The total energy consumption within the organization, in gigajoules 149,303.000
Total amount of the chosen metric (denominator) to calculate the energy intensity ratio 431,400.000
The total ore processed (tonnes) was used as
the denominator to calculate the intensity
ratio.
Water
Intensity
Total volume of water consumed per tonne of ore processed 0.714
The total volume of water consumed (Thousands of liters) 308,016.000
Total ore processed (tonne) 431,400.000
Water Management
Disclose the amount of freshwater water that was consumed in its operations (in thousands of cubic meters) 308.016
Analyse and list all operations for water risks and identify activities that withdraw and consume water in locations with High (40–80%) or Extremely High (>80%) Baseline Water Stress as classified by the World Resources Institute’s (WRI) Water Risk Atlas tool, Aqueduct The Las Chispas Operation is located in a region
of high baseline water stress according to the
WRI's Aqueduct Water Risk Atlas and Mexico's
National Water Commission (CONAGUA).
Disclose the freshwater withdrawn in locations with High or Extremely High Baseline Water Stress as a percentage of the total water withdrawn 100.0000%
Disclose water withdrawn in locations with High or Extremely High Baseline Water Stress (in thousands of cubic meters) 370.827
Disclose freshwater consumed in locations with High or Extremely High Baseline Water Stress as a percentage of the total water consumed 100.0000%
Total water consumed in locations with high or extremely high baseline water stress (in thousands of cubic meters) 308.016
Total number of incidents of non-compliance associated with water quality permits, standards, and regulations, including violations of a technology-based standard and exceedances of quality-based standards (note: only those that resulted in a formal enforcement action(s)) 0
Total number of violations - continuous discharges, limitations, standards, and prohibitions that are generally expressed as maximum daily, weekly average, and monthly average (regardless of their measurement methodology or frequency) 0
In this reporting period, SilverCrest did not
suffer incidents of non-compliance that
resulted in formal enforcement actions.
Total number of violations - non-continuous discharges and limitations that are generally expressed in terms of frequency, total mass, maximum rate of discharge, and mass or concentration of specified pollutants (regardless of their measurement methodology or frequency) 0
During 2023, there were no violations to
report.
Total number of violations - other, please specify 0
Water and Effluents
Interactions with Water As A Shared Resource
Describe how the organization interacts with water, including how and where water is withdrawn, consumed, and discharged, and the water-related impacts caused or contributed to, or directly linked to the organization’s activities, products or services by a business relationship (e.g., impacts caused by runoff) The Company uses government-approved
water sources. Two underground wells are
concessioned by the federation for mining
operations, ensuring that water is available in
the authorized volumes without compromising
availability for other uses. The volume of water
designated for operations and services is
measured daily by area to determine its
assigned use. For facilities in urban areas, water
is supplied by the state distribution network.

During 2023, the Las Chispas Operation used
99% of the volume of water under its
concession.
Describe the approach used to identify water-related impacts, including the scope of assessments, their timeframe, and any tools or methodologies used SilverCrest uses the following approaches to
mitigate and manage water-related impacts:  
i. maximize water reuse and/or recycling;
ii. minimize wastewater discharge and control
discharge quality;
iii. manage withdrawal and any dewatering if
applicable, to preserve water levels and flows
needed to maintain the surrounding
environment;
iv. develop mitigation strategies for known past
impacts and potential risks;
v. leverage technological water solutions
(improve quality, reduce use, etc.);
vi. strive to follow best practices for potential
implementation; and
vii. consider potential climate change scenarios
for long term planning for Company operations
and local communities.
Describe how water-related impacts are addressed, including how the organization works with stakeholders to steward water as a shared resource, and how it engages with suppliers or customers with significant water-related impacts The Company has a strong commitment to use
water responsibly so that it is used in the
amount required and waste is avoided. The
distribution of water in each of the operational
and service areas is monitored daily, as well as
water used by contractors. In its mining
operation, the production process has a closed
system design that is zero-discharge, thereby
avoiding discharges to the environment.  Grey
water from sanitary services is treated and
reused for dust suppression and watering of
green areas.
Explain the process for setting any water-related goals and targets that are part of the organization’s management approach, and how they relate to public policy and the local context of each area with water stress The Company established a policy for the
responsible use of water in all its operations,
with the objective of aligning and complying
with the requirements established by local,
state and federal authorities, regarding the use
assigned to this resource, creating awareness
among its staff to establish a culture of care and
rational use of available water.
Water Management Policy
Water Withdrawal by Segment
Total freshwater withdrawn by segment, in megalitres (ML) 370.828
Surface water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 300.371
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 300.371
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater (total in ML) 0.000
Produced water (total in ML) 70.457
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 70.457
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Third-party water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Report on the total water withdrawal from all areas with water stress in megalitres (ML), and a breakdown of this total by the following sources 370.826
Surface water (total in ML) 0.000
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 0.000
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Groundwater (total in ML) 300.369
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 300.369
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Seawater (total in ML) 0.000
Produced water (total in ML) 70.457
Freshwater (≤1,000 mg/L Total Dissolved Solids or TDS) 70.457
Other water (>1,000 mg/L Total Dissolved Solids or TDS) 0.000
Third-party water, in megalitres (ML), and a breakdown of this total by the withdrawal sources 0.000
Surface water 0.000
Groundwater 0.000
Seawater source Not applicable
Seawater 0.000
Produced water 0.000
Report any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used The federal government of Mexico, through the
National Water Commission (CONAGUA),
issues a report which includes the results of the
availability of water in the aquifer of the area
where the groundwater is extracted, as well as
the quality of that water.
Report on water availability of the aquifer
(Government-CONAGUA)
Water
Water Management
Disclose the amount of water that was withdrawn from all sources (in thousands of cubic meters) 370.827
Disclose the amount of water that was withdrawn from freshwater sources (in thousands of cubic meters) 370.827
Water and Effluents
Water Discharge-Related Impacts
Provide a description of any minimum standards set for the quality of effluent discharge, and how these minimum standards were determined, including: The Las Chispas Operation is designed to be a
zero-discharge facility. As such, the Las Chispas
Operation does not have controlled discharges.
During 2023, the Las Chispas Operation did not
suffer any uncontrolled discharges from its
operation.
How standards for facilities operating in locations with no local discharge requirements were determined As an operation in Mexico, any uncontrolled
discharge must be reported and evaluated
against the federal standard of the
environmental authority (As an operation in
Mexico, any uncontrolled discharge must be
reported and evaluated against the federal
standard of the environmental authority
(NOM-001-SEMARNAT/2021).
Water quality standards or guidelines developed internally The Las Chispas Operation does not have
controlled discharges. In the case of an
uncontrolled discharge to the environment, the
incident must be reported to government
authorities. Incident investigations resulting
from uncontrolled discharges must include the
maximum permissible limits of Mexico's NOM-
001-SEMARNAT/2021.

No uncontrolled discharges occurred in 2023.
Sector-specific standards considered The Las Chispas Operation is designed as a
zero-discharge facility. The operation has water
retention pond structures in place in case of an
emergency. As an operation in Mexico, any
uncontrolled discharge must be reported and
evaluated against the federal standard of the
environmental authority (NOM-001-
SEMARNAT/2021).

Among the aspects included in NOM-001-
SEMARNAT-2021 are specifications, test
methods, sampling, temperature parameters,
toxicity measurement, conformity assessment
procedures, classification of receiving waters,
and the approach to subsequent uses to
improve the management and protection of
water bodies, as well as compliance with
international standards.
Profile of the receiving waterbody considered The Las Chispas Operation is designed as a
zero-discharge facility. The operation has water
retention pond structures in place in case of an
emergency.
Water Discharge
Report the total water discharge to all areas (in megalitres) 0.000
Number of incidents of non-compliance with discharge limits 0
Waste
Waste Generation and Significant Waste-Related Impacts
Describe the inputs, activities, and outputs that lead or could lead to significant actual and potential waste-related impacts The Las Chispas operation requires the
production of waste rock and dry-stack tailings
that are considered within the industry as
significant waste-related impacts.
Are these waste generated impacts related to: All impacts are related to the Company's own
activities.
Report the total amounts of waste generated of the following and associated risks (tonne) 782,286.000
Overburden amount (tonne) 0.000
Overburden risks Not Applicable
Rock amount (tonne) 350,883.000
Rock risks Erosion and sediment loss due to surface runoff
and wind action
Tailings amount (tonne) 431,403.000
Tailing risks Erosion and sediment loss due to surface runoff
and wind action
Sludges amount (tonne) 0.000
Sludges risks Not Applicable
If the waste generated by the organization in its own activities is managed by a third party, a description of the processes used to determine whether the third party manages the waste in line with contractual or legislative obligations The Las Chispas Operation has a Hazardous
Waste Management Plan that is registered
with the Mexican environmental authority
(SEMARNAT). This plan complies with all
applicable national requirements for hazardous
waster management and disposal. The
Company additionally requires evidence of
proper disposal of hazardous material as per
the monitoring and evaluation required by the
management plan.
Describe the processes used to collect and monitor waste-related data SilverCrest's Las Chispas Environmental
Department is responsible for collecting and
monitoring waste-related data. This includes
reviewing and producing the following:

1. Waste generation inventory
2. Waste storage inventory
3. Waste transportation and disposal tracking
4. Disposal per local legislation
5. Waste management reports
Waste Generated
Report the total weight of waste generated (tonne) 670.480
For the purpose of this report, the total weight
of waste reported is comprised of hazardous
and non-hazardous waste (municipal solid and
recycling, waste rock, and tailings).
Total waste composition breakdown - Organization's own activities (tonnes) 670.480
Type of waste Hazardous waste, special handling waste, and
urban solid waste.
Hazardous waste (tonne) 248.065
Non-Hazardous waste (tonne) 422.415
Explain the relevance of the type of waste generated to your sector or activities, e.g., tailings for the mining sector, electronic waste for the consumer electronics sector, or food waste for the agriculture or in the hospitality sector The Las Chispas Operation requires the
production of waste rock and tailings that are
considered within the industry as significant
waste-related impacts.
Materials that are present in the waste
   •  Biomass
   •  Metals
   •  Non-metallic minerals
Report contextual information necessary to understand the data and how the data has been compiled Information on the Las Chispas Operation
waste management was compiled for the 2023
reporting period based on the Company's bi-
annual and annual waste management reports.
Waste Diverted from Disposal
Total weight of waste diverted from disposal (tonne) 549.13
Total weight of hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 245.03
Preparation for reuse (total, tonne) 0
Not Applicable
Preparation for reuse - Onsite 0
Not Applicable
Preparation for reuse - Offsite 0
Recycling (total, tonne) 65.01
Recycling - Onsite 0
Not Applicable
Recycling - Offsite 65.01
Other recovery operations (total, tonne) 180.02
Other recovery operations - Onsite 0
Not Applicable
Other recovery operations - Offsite 180.02
Report the total weight of non-hazardous waste diverted from disposal (tonne), and a breakdown of this total by the following recovery operations 304.1
Preparation for reuse (total, tonne) 22.4
Preparation for reuse - Onsite 6.1
Preparation for reuse - Offsite 16.3
Recycling (total, tonne) 281.7
Recycling - Onsite 35.4
Recycling - Offsite 246.3
Other recovery operations (total, tonne) 0
Not Applicable
Other recovery operations - Onsite 0
Not Applicable
Other recovery operations - Offsite 0
Not Applicable
Disclose contextual information necessary to understand the data and how the data has been compiled Direct log information.
Waste Directed to Disposal
Report the total weight of waste directed to disposal (tonne) 667.66
Total weight of hazardous waste directed to disposal (tonne), and a breakdown of this total by the following recovery operations 245.03
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonne) 0.01
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0.01
Landfilling (total, tonne) 0
Landfilling - Onsite 0
Landfilling - Offsite 0
Other recovery operations (total, tonne) 245.02
Other recovery operations - Onsite 0
Other recovery operations - Offsite 245.02
Report the total weight of non-hazardous waste diverted from disposal (tonnes), and a breakdown of this total by the following recovery operations 422.63
Incineration (with energy recovery), (tonne) 0
Incineration (with energy recovery) - Onsite 0
Incineration (with energy recovery) - Offsite 0
Incineration (without energy recovery), (tonnes) 0
Incineration (without energy recovery) - Onsite 0
Incineration (without energy recovery) - Offsite 0
Landfilling (total, tonne) 118.63
Landfilling - Onsite 0
Landfilling - Offsite 118.63
Other recovery operations (total, tonne) 304
Other recovery operations - Onsite 41.5
Other recovery operations - Offsite 262.5
Disclose contextual information necessary to understand the data and how the data has been compiled All waste-related disclosures for the 2023
reporting period are compiled from the
Company's bi-annual and annual Waste
Management Reports, as well as its internal
monthly records.
Waste Management
Disclose the total amount of non-mineral waste generated (tonne) 782,286.000
Disclose the total weight of tailings produced (tonne) 431,403.000
Disclose the total amount of waste rock generated (tonne) 350,883.000
Disclose the total amount of overburden removed (tonne) 0.000
Disclose the total weight of waste generated that was hazardous (tonne) 248.065
Disclose the total weight of hazardous waste generated that was recycled (tonne) 245.030
Disclose the total number of significant incidents associated with handling, storage, transportation, or disposal of hazardous materials used in mineral processing activities and hazardous waste generated 0
Describe the policies and procedures that are set forth by the company's waste and hazardous materials management strategy SilverCrest's Environmental Policy states that
operations must:  

1. Ensure that the prevention of environmental
accidents forms an integral part of the
Company’s day-to-day operations by
identifying measurable objectives and targets
that will drive continuous improvement.
2. SilverCrest procedures on hazardous, non-
hazardous, and mining waste have been
approved by Mexican federal regulating
agencies. The Company has management
guidelines in place for the environmentally safe
storage and disposal of waste. In the case of
hazardous and non-hazardous waste,
SilverCrest hires government-authorized third
parties to ensure proper chain of custody and
disposal as required by law.
3. Likewise, training is provided to the
company's personnel and its contractors.
Environmental Policy
Describe how its policies and procedures compare with those required by local jurisdictions that apply to the entity The Company's environmental policy is
consistent with the requirements of Mexican
local, state, and federal laws and regulations.
Describe its approach to waste management during the entire project life cycle For waste rock and tailings management, waste
rock and filtered tailings are stored in
designated facilities that have been designed to
store the anticipated waste tonnage to be
produced during the Life of Mine. These
facilities include contact and non-contact water
management structures,
where the non-contact water is temporarily
stored and used in the Process Plant. More
information regarding the design basis,
engineering analyses and key design elements
of these mine waste management facilities is
referred to Section 18 of the 2023 Technical
Report.

For hazardous waste, in November 2022, LLA
obtained the registration of the hazardous
waste management plan from
SEMARNAT.  The hazardous waste
management plan considers all classifications
of hazardous waste generated by the operation
of the Process Plant and maintenance services
for machinery and equipment, including
contractors.
Describe the approach to the management of hazardous materials used in processing As per the Company's Hazardous Waste
Management Plan, all hazardous material
follows the procedure described below:  

1. Hazardous material is received by designated
staff and recorded as part of the company's
inventory.
2. Inspections of facilities to house hazardous
materials are conducted weekly.  
3. Hazardous material is logged out of facilities
and inventoried as used material.
4. Hazardous waste is stored in specifically
designated facilities that are properly
identified.
5. Hazardous waste is transported and
disposed of by a legally authorized third-party.
6. Access to hazardous material is limited to
designated and specially trained Company
staff.
Describe how waste and hazardous materials management efforts are coordinated among business partners (e.g., contractors and subcontractors) Waste and hazardous materials management is
limited to specifically designated Company
staff and contractors that specialize in waste
management. Contractors that dispose of
hazardous waste are monitored and evaluated
for legal compliance of disposal.
Describe how the company ensures compliance and conformance with waste and hazardous material management policies and procedures The Company prepares and submits periodic
reports to the environmental authority in which
compliance with the terms and conditions
established in its environmental permits is
demonstrated. These reports detail the
management of hazardous waste generated.
Tailings Storage Facilities Management
Does your company manage Tailings Storage Facilities Yes
Provide an inventory of all tailings storage facilities (TSFs):
TSF #1: (1) Facility name Depósito Este Mina Las Chispas (Las Chispas
Mine East Deposit)
TSF #1: (2) Location Mexico
TSF #1: (3) Ownership status Operator
TSF #1: (4) Operational status Active
TSF #1: (5) Construction method Upstream
TSF #1: (6) Maximum permitted storage capacity (tonnes) 1,250,000.000
Regulations do not specify a maximum
permitted capacity. The Company's current
required tailings storage capacity has been
approved. The Company may apply for
increases in tailings storage capacity and has
been successful in obtaining approvals.

The Company's most recent engineering report
from a third-party consultant (dated November
2022) indicates that the tailings facility has a
capacity of 1.25 million tons. In 2024, the
Company expects to receive an updated report
with a new design to increase the capacity of
this tailings facility.
TSF #1: (7) Current amount of tailings stored (tonnes) 535,365.000
TSF #1: (8) Consequence classification Low
TSF #1: (9) Date of most recent independent technical review 2022-04-01
TSF #1: (10) Material findings No
TSF #1: (11) Mitigation measures The tailings facility has the following mitigation
measures: double geo-membrane, geo-textile,
sub-drainage system, perimeter ditch, contact
water pool, perimeter diversion channel for
non-contact water, and a leak detector plus
piezometer system.
TSF #1: (12) Site-specific EPRP Yes
Provide a summary of the tailings management systems used to monitor and maintain the structural integrity of tailings facilities and to minimize the risk of a catastrophic failure The Las Chispas Operation tailings storage
facility is in full compliance with the Operation,
Maintenance, and Surveillance Manual
developed specifically for this facility by
specialized personnel and is based on an
engineering design to make the tailings storage
process functional and  safe, minimizing the risk
of failure. The manual also  indicates the
contingency measures to be taken in the event
of any eventuality that could jeopardize the
safety of the storage facility.
Provide summary of tailings management systems and governance structure used to monitor and maintain the stability of tailings storage facilities The installation and operational process of the
tailings deposit is authorized by the federal
environmental authority in Mexico.
SilverCrest's senior, middle, and supervisory
operation personnel adhere to  the Operation,
Maintenance and Surveillance Manual and its
specifications to ensure safe operations in
stacking activities. As part of this process, the
density of the material is continuously
monitored based on laboratory tests to ensure
the stability of the deposit.
Disclose the approach to the development of Emergency Preparedness and Response Plans (EPRPs) SilverCrest has an Emergency Preparedness
and Response Plan (EPRP) to ensure adequate
emergency preparedness and response to
reduce the risk of loss of life and minimize
damage in the event of a tailings impoundment
failure. The plan defines responsibilities and
provides procedures to identify unusual
situations and unlikely conditions that could
compromise the integrity of the tailings
impoundment.
Disclose the company's approach to engagement concerning Emergency Preparedness and Response Plans (EPRPs) at tailings storage facilities, including the preparedness of local stakeholders It is the responsibility of all internal personnel
and contractors who provide relevant services
to know and comply with the EPRP, and to
facilitate the dissemination, implementation,
and implementation of EPRP drills. The plan
considers the following alert levels.

1. Level 1 "low": this is an alert level, where the
situation inside or outside the tailings
management area can be controlled by internal
personnel through minor maintenance
activities and does not require the activation of
an emergency.
2.  Level 2 "medium": is an emergency level,
where the situation cannot be managed by the
area's personnel, but does not exceed the site's
resources to be controlled. It does not
represent an immediate threat to the integrity
of the repository. It considers the following
scenarios: seismic event, slope deformations or
cracking, extreme storm warning, high water
table, piping/internal erosion or seepage, and
reduced freeboard.
3. Level 3 "high": is an emergency level, where
the incident exceeds the resources available in
the emergency area and on site, requiring
external assistance from government or private
industry.
Innovation
Spending on Research, Development, and Technologies for waste management compliance and improvement (currency, Thousands) 0
Describe nature of spending on Research, Development and Technologies for waste management compliance and improvement Not Applicable.
Biodiversity
Management Plan
Disclose the approach to biodiversity management For each project stage, an Environmental
Impact Study has been prepared to identify
potential impacts on biodiversity, water, soil,
air, waste, and landscape. These studies
propose measures to prevent and/or mitigate
negative impacts, as well as measures to reduce
or compensate for these impacts through
compliance with regulations, monitoring, and
environmental control programs. The results of
these actions are periodically presented to the
Environmental Authority.
Describe significant impacts of activities, products and services on biodiversity in protected areas and areas of high biodiversity value outside protected areas SilverCrest does not operate in a protected
area or a watershed area of a protected area.
This disclosure includes all relevant categories
and designations of provincial, national, and
internationally recognized protected areas,
including the International Union for
Conservation, and the Convention on Wetlands
of International Importance (the Ramsar
Convention).
Describe the environmental and biodiversity management plan(s) implemented at active sites SilverCrest's Las Chispas Operation
established its environmental baseline in 2020
as part of the legally required environmental
permitting process. As a result of this
evaluation, the following programs were
required:

1. Flora and Fauna Rescue and Protection
Management Plan
2. Soil Conservation and Protection
Management Plan
3. Rehabilitation and Restoration Plan
1.1 Lifecycle stages to which the plan(s) apply
   •  Exploration and appraisal
   •  Site development
   •  Production
   •  During closure
1.2 The topics addressed by the plan(s)
   •  Ecological and biodiversity impacts
   •  Waste generation
   •  Natural resource consumption
1.3 The underlying references for its plan(s), including whether they are codes, guidelines, standards, or regulations; whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization, a governmental agency, or some combination of these groups) The Biodiversity Management plans for the Las
Chispas operation were developed by an expert
third party based on an evaluation of the
project's potential impacts and risks. The
resulting plans are aligned with legal
requirements for mitigation.
Impacts of Policies and Procedures
Where relevant, describe specific policies and practices that apply to areas with protected conservation status and/or areas of critical habitat, which are defined by the International Finance Corporation (IFC) Performance Standard 6 Not applicable.  The environmental baseline for
the Las Chispas operation did not trigger the
need for full compliance with IFC PS6, as the
project is not located on or near a national or
international protected area. The closest
conservation area to the project is located 43
km from the site.
Impacts
Percentage of its mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is predicted to occur 0.0000%
Percentage of mine sites (by annual production output from mines in tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is actively mitigated 0.0000%
Percentage of mine sites (by annual production output from mines in metric tonnes) where acid-generating seepage into surrounding surface water and/or groundwater is under treatment or remediation 0.0000%
Provide a breakdown by business unit where acid rock drainage occur, is actively mitigated and/or under treatment or remediation SilverCrest conducted geochemical studies as
required by the Mexican Environmental Impact
Statement (MIA). The studies indicated no
potential for acid rock drainage. The Company
is currently conducting additional studies to
confirm the initial results and to optimize the
waste rock disposal process.
Does access to the site involve traversing a protected area No
Do any of the entities concessions share a watershed with a protected area No
Provide context and description of site access involving traversing protected areas, and/or watersheds shared with a protected area. Include reference to measures in place to assure access, any proactive programs to support the biodiversity of the protected area, and any formal complaints or compliance issues and related steps to resolve The Las Chispas operation is not located within
or adjacent to a protected area, as indicated in
the Environmental Impact Assessment
submitted to the Federal authority.
Percentage of proved reserves in sites with protected conservation status or in areas of endangered species habitat 0.0000%
Percentage of probable reserves in sites with protected conservation status or in areas of endangered species habitat 0.0000%
The Company's facilities are not located in
areas or zones classified as protected or
endangered species habitat, as reported in the
Environmental Impact Statement to the federal
agency.
Amount of land (owned or leased, and managed for production activities or extractive use) disturbed or rehabilitated (hectares):
Total land disturbed and not yet rehabilitated (A: opening balance) 56.250
Total amount of land newly disturbed within the reporting period (B) 3.100
Total amount of land newly rehabilitated within the reporting period to the agreed end use (C) 0.000
Total land disturbed and not yet rehabilitated (D= A+B-C; closing balance) 59.350
Total cumulative land rehabilitated since the beginning of the operation (hectares) 5.01
The number and percentage of total sites identified as requiring biodiversity management plans (BMP) according to stated criteria, and the number (percentage) of those sites with plans in place:
Identify the total number of sites 0
Report criteria for deciding that a BMP is required
   •  Sensitivity of the area
   •  Local community use of biodiversity
   •  Ecosystems services provided by the local
environment – e.g. wetlands (water
purification, carbon sequestration), etc.
   •  Protected status (or proximity to protected
areas)
   •  Iconic species or red listed species
   •  Business case/risk aspects
Report the number of total sites that have been assessed under the criteria as in need of a BMP 0
Report the percentage of total sites that have been assessed under the criteria as in need of a BMP Does Not Apply
Of the number of sites in need of a BMP, report the number that have a BMP in place and operational 0
Of the number of sites in need of a BMP, report the percentage that have a BMP in place and operational Does Not Apply
Protected Areas
For each operational site owned, leased, managed in, or adjacent to, protected areas and areas of high biodiversity value outside protected areas, report the following information:
Subsurface and underground land that may be owned, leased, or managed by the organization Not applicable. The Company does not own,
lease, manage, or have any operations adjacent
to protected areas or in areas of high
biodiversity value outside of protected areas.
Significant Impacts of Activities, Products and Services
Report the nature of significant direct and indirect impacts on biodiversity with reference to: Construction or use of manufacturing plants, mines, and transport infrastructure
   •  Construction (Startup or Expansion)
   •  Extraction
   •  Processing/Production
Report the nature of significant direct and indirect impacts on biodiversity with reference to: Pollution (introduction of substances that do not naturally occur in the habitat from point and non-point sources) Yes
Report the nature of significant direct and indirect impacts on biodiversity with reference to: Introduction of invasive species, pests, and pathogens Not Applicable
Report the nature of significant direct and indirect impacts on biodiversity with reference to: Reduction of species No
Report the nature of significant direct and indirect impacts on biodiversity with reference to: Habitat conversion Yes
Report the nature of significant direct and indirect impacts on biodiversity with reference to: Changes in ecological processes outside the natural range of variation Water cycle - where water is absorbed in the
ground or soil cover, root mass, organic matter,
aeration
Significant direct and indirect positive and negative impacts with reference to the following: Species affected Some flora is negatively impacted; however, the
Company reforests areas where flora is
impacted.
Significant direct and indirect positive and negative impacts with reference to the following: Extent of areas impacted (provide details)
   •  Direct negative impact
   •  Direct Negative - Small scale areas
Significant direct and indirect positive and negative impacts with reference to the following: Duration of impacts (provide details)
   •  Short-term negative impact
   •  Medium-term positive impact
Significant direct and indirect positive and negative impacts with reference to the following: Reversibility or irreversibility of the impacts (provide details) Irreversible
Habitats Protected or Destroyed
Size and location of all habitat areas protected or restored, and whether the success of the restoration measure was or is approved by independent external professionals The Las Chispas operation is located outside of
any national or international protected area.
Restoration activities are being carried out in
the area of the operation, coordinated by a
forestry expert, in keeping with the federal
government's authorization to carry out
operations. To date, approximately 5 hectares
have been restored to compensate for the 49
hectares affected.
Whether partnerships exist with third parties to protect or restore habitat areas distinct from where the organization has overseen and implemented restoration or protection measures There are no third-party groups or agencies
involved in the Company's restoration
activities.
Status of each area based on its condition at the close of the reporting period The Company has replanted 12,420 native
plants, at a rate of 2,484 plants per hectare, as
part of its commitment to rescue and relocate
12,300 plants. This data is reported to the
federal government every four months. During
the year 2023, replacement work was carried
out, but the density was not increased.
Standards, methodologies, and assumptions used Standards, methodologies, and assumptions
adhere to the terms and conditions established
in the authorization for the change of land use
granted in the resolution issued by the
environmental authority for the development
of the Las Chispas project and its operation.
IUCN Red List Species and National Conservation List Species
Report the total number of IUCN Red List species with habitats in areas affected by the operations of the organization, by level of extinction risk. (Note to reader, as there are 37,400 species on the IUCN Red List that are classified in nine categories, you may choose from the nine categories) No IUCN-listed species are present.
Critically Endangered No IUCN-listed species are present.
Endangered No IUCN-listed species are present.
Vulnerable No IUCN-listed species are present.
Near threatened No IUCN-listed species are present.
Least Concern No IUCN-listed species are present.
Not Evaluated & Data Deficient No IUCN-listed species are present.
Social
Scale of the Organization
Direct Employees Information
Total number of direct employees (excludes workers who are not employees) 322
Details:  For purposes of this report, we report the number of employees (headcount) at Compañía Minera La
Llamarada, S.A. de C.V.'s operations in Mexico, including union and non-union employees. For gender distribution
reporting, the same employee population is used.

References to officers and directors are to SilverCrest officers and directors. As of December 31, 2023,
SilverCrest has 7 directors and 7 executive officers (excluding the CEO who is a director) and an additional 16
employees.

In this report, employees are categorized as follows below.
1. Salaried (excluding Senior Management) includes Administrative Superintendents, Department Managers at
the Mexico operation.
2. Technical Employees (skilled hourly) include the remaining non-unionized employees such as Coordinators,
General Supervisors, Operational Supervisors, Maintenance Supervisors, and Department-level Assistants at the
Mexico operation.
3. Production Employees (unskilled hourly) include unionized employees.
4. Contract employees are those who have worked for SilverCrest for the full fiscal year under multi-year
contracts, and their employees work full-time at the Las Chispas operation, for which we have headcount
information, but do not have comparable compensation information at the Mexico operation.

For details regarding the compensation of the SilverCrest Executives, please see the Management Information
Circular found at
https://www.silvercrestmetals.com/investors/agm/
Total number of permanent employees 322
Total number of permanent employees - Female 57
Total number of full-time employees - Female 57
Total number of part-time employees - Female 0
Total number of permanent employees - Male 265
Total number of full-time employees - Male 265
Total number of part-time employees - Male 0
Total number of permanent employees - Non-binary 0
Total number of full-time employees - Non-binary 0
Total number of part-time employees - Non-binary 0
Total number of permanent employees - Gender not disclosed 0
Total number of full-time employees - Gender not disclosed 0
Total number of part-time employees - Gender not disclosed 0
Total number of temporary employees 0
Total number of temporary employees - Female 0
Total number of temporary employees - Male 0
Total number of temporary employees - Non-binary 0
Total number of temporary employees - Gender not disclosed 0
Total number of full-time employees 322
Total number of part-time employees 0
Total number of male direct employees (excludes workers who are not employees) 265
Total number of female direct employees (excludes workers who are not employees) 57
Total number of non-binary direct employees (excludes workers who are not employees) 0
Total number of gender not disclosed direct employees (excludes workers who are not employees) 0
Out of the total direct employees, what is the number of non-guaranteed hours direct employees - by gender 0
Total number of non-guaranteed hours employees -Female 0
Total number of non-guaranteed hours employees - Male 0
Total number of non-guaranteed hours employees - Non-binary 0
Total number of non-guaranteed hours employees - Gender not disclosed 0
Describe the methodologies and assumptions used to compile the data Payroll records and month-end reports were
used to compile the headcount and location
data.
Are the numbers reported in head count, full-time equivalent (FTE), or using another methodology FTE
Are the numbers reported at the end of the reporting period, as an average across the reporting period, or using another methodology These are month-end figures; year-end figures
are based on the last month of the reporting
period.
Provide contextual information necessary to understand the direct employment information provided  An employee headcount and KPI report is
compiled monthly.
Describe significant fluctuations, if any, in the number of direct employees during the reporting period and between reporting periods  No significant fluctuations. The headcount of
direct employees remained fairly consistent in
2023.
Workers Who are Not Employees
Describe the most common types of workers who are not employees and their contractual relationship with the organization Primarily at the Las Chispas operation: heavy
equipment operators (jumbo, low profile,
shovel, drill, tractor), cooks, and housekeeping
staff.  These are all hired by third-party
companies and contracted to work at our site.
The type of work they perform Mine development, drilling, earth moving, and
food and lodging.
Report the total number of workers who are not employees and whose work is controlled by the organization 598
Total number of full-time workers who are not employees - Female 75
Total number of part-time workers who are not employees - Female 0
Total number of full-time workers who are not employees - Male 523
Total number of part-time workers who are not employees -Male 0
Total number of full-time workers who are not employees - Non-binary 0
Total number of part-time workers who are not employees - Non-binary 0
Total number of full-time workers who are not employees - Gender not disclosed 0
Total number of part-time workers who are not employees - Gender not disclosed 0
Total number of workers who are not employees - Female 75
Total number of workers who are not employees - Male 523
Total number of workers who are not employees - Non-Binary 0
Total number of workers who are not employees - Gender not disclosed 0
Describe the methodologies and assumptions used to compile the information about workers who are not employees. Information was compiled from month-end
reports of hours worked by third-party
contractors at the site, with the total number of
workers who are not employees representing
those who were employed by the contracted
companies and who were working at our site on
December 31, 2023.
Is the number of workers who are not employees reported in head count, full-time equivalent (FTE), or using another methodology All workers hired by third parties operating at
site are FTE as per the month-end report.
Is the number of workers who are not employees reported at the end of the reporting period, as an average across the reporting period, or using another methodology Reported as of the end of the reporting period.
Describe significant fluctuations, if any, in the number of workers who are not employees during the reporting period and between reporting periods No significant fluctuations. The headcount of
workers who are not employees remained fairly
consistent.
Total Workforce
Total employed workforce (includes direct employees and workers who are not employees) 920
Total employed female workforce (includes direct female employees and female workers who are not employees) 132
Female workforce as percentage of total employed workforce 14.3478%
Total employed male workforce (includes direct male employees and male workers who are not employees) 788
Male workforce as percentage of total employed workforce 85.6522%
Total employed non-binary workforce (includes direct non-binary employees and non-binary workers who are not employees) 0
Non-binary workforce as percentage of total employed workforce 0.0000%
Total workforce with gender not disclosed (include direct gender not disclosed employees and gender not disclosed workers who are not employees) 0
Workforce with gender not disclosed as percentage of total employed workforce 0.0000%
Workers who are not employees (contractors) as percentage of total employed workforce 65.0000%
Employment
Turnover & Gender Breakdown
Female direct employees:
Total number of turnover (the number of females that left during the period) 13
Rate of turnover, females 22.0339%
Male direct employees:
Total number of turnover (the number of males that left during the period) 54
Rate of turnover, males 19.8529%
Turnover
Report the total number and rate of turnover for all Direct Employees:
Total number of turnover (the number that left during the period) 67
Rate of turnover - direct employees 20.2417%
Voluntary Turnover - direct employees:
Total number of turnover (the number that left voluntarily during the period) 39
Rate of voluntary turnover - direct employees 11.7825%
Involuntary Turnover - direct employees:
Total number of turnover (the number that left involuntarily during the period) 28
Rate of involuntary turnover - direct employees 8.4592%
Turnover & Age Breakdown
Direct Employees aged 30 years old and under:
Total number of turnover (the number that left during the period) 23
As percent of total direct employees 35.0932%
Rate of turnover 18.8525%
Direct Employees aged between 30 and 50 years old:
Total number of turnover (the number that left during the period) 36
As percent of total direct employees 55.9006%
Rate of turnover 20.0557%
Direct Employees over 50 years old:
Total number of turnover (the number that left during the period) 8
As percent of total direct employees 9.0062%
Rate of turnover 27.5862%
Identify types of employees captured in the turnover rate calculations All employees on the payroll
Average age of direct employees 35
The average age of employees is based on the
ages of direct employees of Compañía Minera
La Llamarada (La Llamarada) and does not
include the SilverCrest Metals Board of
Directors, SilverCrest Metals employees or
contract employees of La Llamarada.
New Hires and Rate of Hire
Total number and rate of new hires: All direct employees
Total hires during the reporting period 53
Rate of hire 16.4596%
Total number and rate of new hires: Direct Female employees
Total female hires during the reporting period 9
Females as percent of total new hires 16.9811%
Total number and rate of new hires: Direct Male employees
Total males hires during the reporting period 44
Males as percent of total new hires 83.0189%
Total number and rate of new hires: Direct Employees aged 30 years old and under
Total hires during the reporting period (30 yr. and under) 16
30 yr. and under as percent of total new hires 30.1887%
Total number and rate of new hires: Direct Employees aged between 30 and 50 years old
Total hires during the reporting period (30-50 yrs.) 33
30-50 yrs. as percent of total new hires 62.2642%
Total number and rate of new hires: Direct Employees over 50 years old
Total hires during the reporting period (50+ yrs.) 4
50+ yrs. as percent of total new hires 7.5472%
Identify types of employees captured in the hire rate calculations All employees on the payroll
Total number and rate of new hires: Minority and vulnerable group
Total number new hires from minority or vulnerable groups 0
New hires from minority or vulnerable groups as percent of total new hires 0.0000%
Full-time Employee Benefits
Report the benefits which are standard for full-time direct employees of the organization, but are not provided to temporary or part-time employees, by significant locations of operation
   •  Not Applicable
   •  Not applicable
The Company does not have any part-time or
temporary employees.
Provide the definition used for ‘significant locations of operation’ Las Chispas (Sonora, Mexico)
Parental leave
Report the total number of direct employees that were entitled to parental leave, by gender:
Male 265
Female 57
Report the total number of direct employees that took parental leave, by gender:
Male 14
Female 2
Report the total number of direct employees that returned to work in the reporting period after parental leave ended, by gender:
Male 14
Female 2
Report the total number of direct employees due to return to work in the reporting period after parental leave ended, by gender:
Male 14
Female 2
Report the return to work rates of direct employees that took parental leave, by gender:
Male 100.0000%
Female 100.0000%
Diversity and Equal Opportunity
Diversity of Governance Bodies
The highest governance body (Board of Directors)
Total Board of Directors 7
Percent of the highest governance body - Male 57.1429%
Percent of the highest governance body - Female 42.8571%
Percent of the highest governance body - under 30 years of age 0.0000%
Percent of the highest governance body - between 30 and 50 years of age 14.2857%
Percent of the highest governance body - over 50 years of age 85.7143%
Percent minority or vulnerable group individuals in the "highest governance body" category 42.8571%
Diversity of Direct Employees
Salaried (excluding Senior Management):
Total Salaried (excluding Senior Management) 22
For the purpose of this report, only Salaried
employees at the Company's Mexico subsidiary
are disclosed.
Percent Male 72.7273%
Percent Female 27.2727%
Percent under 30 years of age 9.0909%
Percent between 30 and 50 years of age 77.2727%
Percent over 50 years of age 13.6364%
Percent of minority or vulnerable group individuals in the "Salaried Employee" category 0.0000%
Technical Employees (skilled hourly):
Total Technical Employees 162
Percent Male 75.3086%
Percent Female 24.6914%
Percent under 30 years of age 36.4198%
Percent between 30 and 50 years of age 56.1728%
Percent over 50 years of age 7.4074%
Percent of minority or vulnerable group individuals in the "Technical employee" category 0.0000%
Production Employees (unskilled hourly):
Total Production Employees 126
Percent Male 91.2698%
Percent Female 8.7302%
Percent under 30 years of age 41.2698%
Percent between 30 and 50 years of age 50.7937%
Percent over 50 years of age 7.9365%
Percent of minority or vulnerable group individual in the "Production employee" category 0.0000%
Diversity of Workers Who Are Not Employees
Workers who are not employees
Number of Males 523
Number of Females 75
Non-Discrimination
Incidents and Corrective Action
Total number of incidents of discrimination during the reporting period (include employees, workers who are not employees and external stakeholders) 0
Report the status of the incidents and actions taken with reference to: Incident reviewed by the organization During 2023, there were no incidents of
discrimination reported.
Report the status of the incidents and actions taken with reference to: Remediation plans being implemented Not applicable.
Report the status of the incidents and actions taken with reference to: Remediation plans that have been implemented, with results reviewed through routine internal management review processes All employees were informed that they could
report any violations or instances of
discrimination through ClearView. There were
no incidents of discrimination in 2023.
Report the status of the incidents and actions taken with reference to: Incident no longer subject to action Not applicable.
Labour Relations
Collective Bargaining Agreements
Percentage of total direct employees covered by collective bargaining agreements 39.1304%
The Company has a collective bargaining
agreement that is in full compliance with
Mexico's 2019 labor law reform. Moreover, all
contractors working for the Las Chispas
operation are required to meet Mexican
standards and certification for specialized
labor.
For direct employees not covered by collective bargaining agreements, report whether the organization determines their working conditions and terms of employment based on collective bargaining agreements that cover its other employees or based on collective bargaining agreements from other organizations Employees not governed by collective
bargaining agreements are governed by
prevailing labor laws in the applicable
jurisdiction.
Notice Periods
Minimum number of weeks’ notice typically provided to direct employees in the active workforce and their representatives prior to the implementation of significant operational changes that could substantially affect them 4
Approximately four weeks. This is based on the
notice we would give if there was a significant
reduction in operations and/or personnel.
If your organization is subject to collective bargaining agreements, is the notice period and provisions for consultation and negotiation specified in those agreements Yes
Disclose the number of work stoppages of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Disclose the total duration, in worker days idle, of work stoppages involving 1,000 or more workers lasting one full shift or longer 0
Report total number of strikes and lock-outs exceeding one week:
Number of lock-outs exceeding one week 0
Number of strikes exceeding one week 0
Number of operations with closure plans 1
Percent of operations with closure plans 100.0000%
Report on the overall financial provision for closure, or include a reference to the relevant financial statements SilverCrest's reclamation and closure provision
recorded at the end of 2023 is disclosed in note
14 of the Company's Consolidated Financial
Statements and Notes for the year ended
December 31, 2023. The financial provision did
not consider labour costs.
2023 Consolidated Financial Statements
Occupational Health and Safety
Health & Safety Management System
For direct employees and for workers who are not employees, but whose work and/or workplace is controlled by the organization, report the following:
Has occupational health and safety management system been implemented Yes
The system has been implemented because of legal requirements and, if so, a list of the requirements The Health and Safety Management System
requires the following activities.

1. Identification and evaluation of applicable
standards.
2. Regulatory compliance security program.
3. Evaluation of the health and safety
management system.
4. Security program of the safety and health
management system.
5. Inspections program.
6. Audit program.
7. Emergency plans.
8. Contractor evaluation and change
management.
The system has been implemented based on recognized risk management and/or management system standards/guidelines and, if so, a list of the standards/guidelines National guidelines required for the
implementation of the Health and Safety
Management System are listed below.  
1. NOM-002 Fire prevention and protection
2. NOM-004 Safety systems and devices in
machinery
3. NOM-005 Handling, transport, and storage
of Hazardous substances
4. NOM-006 Handling and storage of materials
5. NOM-009 Work at height
6. NOM-020 Pressure vessels and boilers
7. NOM-022 Static electricity
8. NOM-027 Welding and cutting
9. NOM-029 Maintenance of electrical
installations
10. NOM-033 Work in confined spaces
11. NOM-010 Contaminants by chemical
substances
12. NOM-011 Noise
13. NOM-012 Ionizing radiation
14. NOM-024 Vibrations
15. NOM-025 Lighting
16. NOM-035 Psychosocial Risk Factors
17. NOM-036 Ergonomic risk factors. Part 1:
Management loading manual.
18. NOM-017 Personal protective equipment
19. NOM-018 Identification of hazards and
risks by substances chemical
20. NOM-019 Safety and hygiene commissions
21. NOM-026 Colors and safety signs
22. NOM-030 Preventive health and safety
services
23. NOM-023 Work in underground and open
pit mines.
A description of the scope of workers, activities, and workplaces covered by the occupational health and safety management system, and an explanation of why any workers, activities, or workplaces are not covered All employees and company work areas are
covered by the system, including contractors.
Hazard Identification, Risk Assessment, and Incident Investigation
For employees and for workers who are not employees, but whose work and/or workplace is controlled by the organization: Describe the processes used to a) identify work-related hazards, b) assess risks on a routine and non-routine basis, and c) how it applies the hierarchy of controls in order to eliminate hazards and minimize risks The Company's health and safety procedures
include:  

1. Risk analysis by activity and by job position.
2. High-risk work permits. IPERC (Identification
of Dangers, Evaluation, Risk Control)
3. PRC (Dangers, Risk Control)
How the organization ensures the quality of these processes, including the competency of persons who carry them out SilverCrest ensures the quality of processes,
including the competency of persons who carry
them out through the following activities:  

1. Continuous training attendance lists
2. Applied exams for each training
3. Certificates of training (DC3)
How the results of these processes are used to evaluate and continually improve the occupational health and safety management system The results of these processes are used to
evaluate the occupational health and safety
management system in the company's
document control system which requires that
each document issued be reviewed every year.
Describe the processes for workers to report work-related hazards and hazardous situations, and an explain how workers are protected against reprisals The Las Chispas operation has a health and
safety inbox for anonymous complaints and
suggestions. The Company has an email
account specifically to receive reports.
SilverCrest has a near-miss tracking system
(ITRAK 365).
Describe the policies and processes for workers to remove themselves from work situations that they believe could cause injury or ill health, and an explanation of how workers are protected against reprisals SilverCrest has a Health and Safety Policy
which states that no person shall put himself or
herself at risk. The company's overarching
safety rule is not to do anything unsafe, and if
something is deemed unsafe, to stop and notify
a supervisor or manager (for corrective action).
There is also a Safety and Health Commission
that represents company workers.
Describe the processes used to investigate work-related incidents, including the processes to identify hazards and assess risks relating to the incidents, to determine corrective actions using the hierarchy of controls, and to determine improvements needed in the occupational health and safety management system The company uses a digital software platform
called ITRAK 365. It is based on the systematic
cause analysis technique ("SCAT") for accident
investigation, as well as specific accident
reporting procedures.
Health Services
For employees and for workers who are not employees, but whose work and/or workplace is controlled by the organization: Describe the occupational health services’ functions that contribute to the identification and elimination of hazards and minimization of risks, and an explain how the organization ensures the quality of these services and facilitates workers’ access to them The company maintains medical records of all
personnel on site, evaluates occupationally
exposed personnel, and conducts occupational
health surveillance. Employees are informed of
the results of their initial or periodic medical
examinations, as well as the results of the
environmental hygiene studies in the areas in
which they work. Employees are informed
through the medical reports for each work area
exposed to physical or chemical agents, and
personal communication.
Worker Participation and Communication on Health & Safety
For employees and for workers who are not employees, but whose work and/or workplace is controlled by the organization: Describe the processes for worker participation and consultation in the development, implementation, and evaluation of the occupational health and safety management system, and for providing access to and communicating relevant information on occupational health and safety to workers The process begins with information
dissemination through the annual training
program, which includes the results and
changes to the system. The Health and Safety
Committee is provided with information and
after a committee review, consultations are
held between committee members and
employees when necessary.
Where formal joint management–worker health and safety committees exist, describe their responsibilities, meeting frequency, decision-making authority, and whether and, if so, why any workers are not represented by these committees The Health and Safety Committee is
responsible for conducting inspections to
identify unsafe conditions in the workplace and
participating in incident investigations.
Meetings are held once a month and include
inspections.
Promotion of Worker Health
For direct employees and for workers who are not employees but whose work and/or workplace is controlled by the organization:
An explanation of how the organization facilitates workers’ access to non-occupational medical and healthcare services, and the scope of access provided We have a 24-hour emergency clinic staffed by
two doctors and three paramedics. All care and
medications are free, and employees have
access to medical services resulting from
consultations. They can also report injuries or
incidents to the clinic.
A description of any voluntary health promotion services and programs offered to workers to address major non-work-related health risks, including the specific health risks addressed, and how the organization facilitates workers’ access to these services and programs The Health Service offers vaccination
campaigns according to the annual vaccination
program of the Mexican Secretary of Health.
Campaigns are offered to control diabetes,
cholesterol, triglycerides, obesity, and sexually
transmitted diseases.
Prevention and Mitigation of Health & Safety Impacts
Describe the organization’s approach to preventing or mitigating significant negative occupational health and safety impacts that are directly linked to its operations, products or services by its business relationships, and the related hazards and risks The company has a zero-accident policy. The
company believes that the only way to be
successful is to work safely and that the
prevention and identification of hazards and
risks, as well as the controls implemented, will
help us to have an organization free of
accidents and occupational diseases.
Workers Covered by H&S Management System
Report if the organization has implemented an occupational health and safety management system based on legal requirements and/or recognized standards/guidelines The Company has implemented a H&S system.
The total number of all workers who are not employees, but whose work and/or workplace is controlled by the organization, who are covered by an H&S system 598
Percentage of all direct employees and workers who are not employees, but whose work and/or workplace is controlled by the organization, who are covered by such H&S system 100.0000%
The number of all direct employees, who are covered by such H&S system that has been internally audited 322
Percentage of all direct employees and workers who are not employees, but whose work and/or workplace is controlled by the organization, who are covered by an H&S system that has been internally audited; 100.0000%
The number of direct employees, who are covered by such H&S system that has been externally audited 322
Percentage of all direct employees and workers who are not employees, but whose work and/or workplace is controlled by the organization, who are covered by an H&S system that has been externally audited; 100.0000%
Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded None have been excluded.
Any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used All contractors are subject to an internal audit
program. The Company is subject to a monthly
external audit program under the control of an
independent third party.
Work-related Injuries
Injuries - For the total workforce:
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 5
Rate of recordable work-related injuries 1.248
Main types of work-related injury, e.g., confined space, trips, falls, etc Same level falls and incidents involving hit by or
against object.
Number of hours worked 801,268
Lost Time Injuries (LTIs) 5
Lost Time Injury Rate (LTIR) 1.248
Injuries - workers who are not employees, but whose work and/or workplace is controlled by the organization:
Number of fatalities as a result of work-related injury 0
Rate of fatalities resulting from work-related injury. Note: calculating per 200,000 hours worked 0.000
Number of high-consequence work-related injuries (excluding fatalities) 0
Rate of high-consequence work-related injuries (excluding fatalities) 0.000
Number of recordable work-related injuries 4
Rate of recordable work-related injuries 0.468
Main types of work-related injury, e.g., confined space, trips, falls, etc Same level falls and incidents involving hit by or
against object.
Number of hours worked 1,709,148
Lost Time Injuries (LTIs) 2
Lost Time Injury Rate (LTIR) 0.234
Combined (Employees and non-employees, but controlled by the organization):
Total Hours Worked 2,510,416
Total number of all work-related injuries 9
Rate of work-related injuries 0.717
Total Lost Time Injuries (LTIs) 7
Lost Time Injury Rate (LTIR) 0.558
Report the work-related hazards that pose a risk of high-consequence injury, including: Work-related hazards that pose a risk of high-
consequence injury include underground
rockfall, underground fire, and fall from heights
How have these hazards been determined Hazards are identified through risk analysis by
area and job position. Laboratory studies of the
work environment are also conducted.
Which of these hazards have caused or contributed to high-consequence injuries during the reporting period Rockfall hazard
Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls The mine support system was modified and
new standards were implemented to ensure
that individuals are not authorized to climb
below unsupported areas.
Report on actions taken or underway to eliminate other work-related hazards and minimize risks using the hierarchy of controls The elimination of work hazards is based on the
annual safety training program, general safety
training in accordance with the hazards of the
work area, the dissemination of accidents, and
the review of control measures for identified
hazards and risks.
Have rates been calculated based on 200,000 or 1,000,000 hours worked 200,000
Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded, e.g., short-term contractors All workers are included.
Disclose any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used Information is collected in company reports.
Meetings are held daily during operations and
weekly training is conducted.
Work-related ill-health
The number of fatalities as a result of work-related ill health - total workforce 0
The number of cases of recordable work-related ill health - total workforce 0
The main types of work-related ill health - total workforce Not Applicable
The number of fatalities as a result of work-related ill health - all workers who are not employees, but whose work and/or workplace is controlled by the organization 0
The number of cases of recordable work-related ill health - all workers who are not employees, but whose work and/or workplace is controlled by the organization 0
The main types of work-related ill health - all workers who are not employees, but whose work and/or workplace is controlled by the organization Not Applicable
The work-related hazards that pose a risk of ill health, including: In accordance with Mexican regulation NOM-
023-STPS-2012, which requires mining
companies to identify work-related hazards
that pose a health risk, SilverCrest has
determined that hazards that require the
handling of chemicals and/or the handling of
hazardous waste may pose a health risk.
Exposure to gases such as CO2 released during
underground mining may also pose a health
risk.  
How these hazards have been determined Hazards are identified through risk analysis.
Occupational hazards and risks are assessed by
area and role.
Which of these hazards have caused or contributed to cases of ill health during the reporting period None.
Actions taken or underway to eliminate these hazards and minimize risks using the hierarchy of controls Annual environmental health studies are
conducted to determine the parameters to
which employees are exposed.
Whether and, if so, why any workers have been excluded from this disclosure, including the types of worker excluded None.
Any contextual information necessary to understand how the data have been compiled, i.e., any standards, methodologies, and assumptions used Work environment studies are conducted
every year, as well as annual medical
examinations of employees.
Safety Training
Describe any occupational health and safety training provided to workers, including generic training, as well as training on specific work-related hazards, hazardous activities, or hazardous situations Training is provided on the General Emergency
Plan, which is designed to teach proper
emergency response by explaining the risks and
hazards of each probable situation that may
occur in the mine.
Average number of training hours on health, safety, and emergency response provided to: full-time/direct employees 19.27
Average training hours on health, safety, and emergency response for workers who are not employees (contractors) 30.47
Training and Education
Annual Training
Average training hours provided to total workforce - by gender
Average training hours per employee 34.056
Total number of training hours provided to all employees 10,966
Total number of direct employees 322
Average training hours per male direct employee 35.758
Total number of training hours provided to male direct employees 9,476
Total number of male direct employees 265
Average training hours per female direct employee 26.140
Total number of training hours provided to female direct employees 1,490
Total number of female direct employees 57
Average training hours per non-binary employee 0.000
Total number of training hours provided to non-binary direct employees 0
Total number of non-binary direct employees 0
Average training hours per gender not disclosed employee 0.000
Total number of training hours provided to gender not disclosed direct employees 0
Total number of gender not disclosed direct employees 0
Average training hours provided to total workforce - Salaried (excluding Senior Management)
Average hours Male 34.938
Average hours Female 18.000
Average hours under 30 years of age 20.500
Average hours between 30 and 50 years of age 28.941
Average hours over 50 years of age 44.667
Average training hours provided to total workforce - Technical Employees (skilled hourly)
Average hours Male 39.377
Average hours Female 28.575
Average hours under 30 years of age 36.881
Average hours between 30 and 50 years of age 38.341
Average hours over 50 years of age 23.500
Average training hours provided to total workforce - Production Employees (unskilled hourly)
Average hours Male 32.809
Average hours Female 21.727
Average hours under 30 years of age 32.173
Average hours between 30 and 50 years of age 32.344
Average hours over 50 years of age 26.900
Skills Upgrading Programs
Report the type and scope of programs implemented and assistance provided to upgrade workforce skills (include direct employees and workers who are not employees)
   •  Internal training courses
   •  Funding support for external training or
education
SilverCrest's Employee Skills Upgrading
Program applies to all personnel working at the
mine sites. Improvements focus on soft skills,
operator duties, machinery and equipment
operation, environmental stewardship, and
health and safety.
Performance Reviews
Report the percentage of the total direct employees who received a regular performance and career development review during the reporting period - By gender:
Percentage of all direct employees who received a regular performance and career development review during the reporting period 60.8696%
Total number of all direct employees who received a regular performance and career development review during the reporting period 196
Total number of all direct employees 322
Percentage of all male direct employees who received a regular performance and career development review during the reporting period 56.6038%
Total number of all male direct employees who received a regular performance and career development review during the reporting period 150
Total number of all male direct employees 265
Percentage of all female direct employees who received a regular performance and career development review during the reporting period 80.7018%
Total number of all female direct employees who received a regular performance and career development review during the reporting period 46
Total number of all female direct employees 57
Child Labour
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of:
Child labour SilverCrest does not hire underage workers.
The Company has a procedure in place to
ensure the age of every worker is documented
and verified before hiring.
Young workers exposed to hazardous work SilverCrest does not hire underage workers.
The Company has a procedure in place to
ensure the age of every worker is documented
and verified before hiring.

Please refer to the Company's Human Rights
Policy at the link below.
Human Rights Policy
Disclose operations and suppliers considered to have significant risk for incidents of child labour either in terms of:
Type of operation (i.e., manufacturing plant) and supplier SilverCrest's Las Chispas Operation is located
in Mexico. SilverCrest does not hire underage
workers and its suppliers are also prohibited
from employing underage labour at its facilities.
SilverCrest's Las Chispas operation is located in
Mexico (underground mining and metal
processing activities). SilverCrest does not hire
underage workers, and its suppliers are also
prohibited from employing underage labor at
its facilities. The majority of the Company's
suppliers are contractors working on-site.
Countries or geographic areas with operations and suppliers considered at risk Mexico
Report measures taken by the organization in the reporting period intended to contribute to the effective abolition of child labour Please see the Company's Human Rights Policy
below (per pages 1 and 2: SilverCrest is
committed to "reject[ing] any form of slavery,
forced labor or child labor"). The Company also
complies with the Mexican Federal Labor Law
(Ley Federal del Trabajo), specifically Article
175, and with the Collective Bargaining
Agreement, specifically Article 10.
Human Rights Policy
Forced or Compulsory Labour
Operations and Suppliers At Risk
Disclose operations and suppliers considered to have significant risk for incidents of forced or compulsory labour either in terms of During 2023, forced or compulsory labor was
not considered a risk at the Las Chispas
operation.
Type of operation (i.e., , manufacturing plant) and supplier SilverCrest has committed to rejecting any
form of forced or compulsory labor. As part of
this commitment, the Company provides
individual contracts to each of its workers and
refrains from practices that could result in
forced or bonded labor, including but not
limited to advance payments and restrictions
on movement.
Countries or geographic areas with operations and suppliers considered at risk Mexico
Report measures taken by the organization in the reporting period intended to contribute to the elimination of all forms of forced or compulsory labour In 2023, the Companies took the following
steps to prevent and reduce the risks of forced
labor or child labor:

• conducted mapping of their top 50 direct
suppliers;
• required all of Llamarada’s suppliers to
adhere to SilverCrest’s Code of Business
Conduct and Ethics Policy, Anti-Bribery and
Anti-Corruption Policy and Whistleblower
Policy; and
• enforced strict policies against the
employment of child or forced labor.

For more information please see the link below.
Modern Slavery Act Report 2023
Security, Human Rights and Rights of Indigenous People
Describe the nature of any social risks, for all operating countries, that could have a material impact on the operations The following are possible social risks in our
Mexican operations that could lead to material
risks:

(i) any incident or impact on the environmental
system;  
(ii) labor issues that involve unionized
employees;  
(iii) security conditions in Mexico;  
(iv) impacts to stakeholders due to lack of
supervision or management, or not previously
negotiated with stakeholder groups.
Percentage of proved reserves that are located in or near areas of active conflict 0.0000%
The Company's reserves are not located in
areas of conflict as per SASB EM-MM-210a.1.1.
Eighty percent of the Las Chispas operation's
reserves are on private property owned by
SilverCrest, and 20% are in an Ejido
(collectively-owned land). SilverCrest
negotiated a land lease contract with the Ejido.
Percentage of probable reserves that are located in or near areas of active conflict 0.0000%
The Company's reserves are not located in an
area of conflict as per SASB EM-MM-210a.1.1.
Eighty percent of Las Chispas Operation's
reserves are on private property owned by
SilverCrest, and 20% are in an Ejido
(collectively-owned land). SilverCrest
negotiated a land lease contract with the Ejido.
Percentage of proved reserves that are located in or near areas that are considered to be indigenous peoples’ land 0.0000%
Not applicable. SilverCrest Metals does not
operate near areas that are considered
indigenous lands.
Percentage of probable reserves that are located in or near areas that are considered to be indigenous peoples’ land 0.0000%
Not applicable. SilverCrest Metals does not
operate near areas that are considered
indigenous lands.
Which human rights procedures the entity's due diligence practices include, provide description in the details
   •  Upholding the fundamental ILO
conventions on freedom of association (No. 87)
   •  Upholding the fundamental ILO
conventions on collective bargaining (No. 98)
   •  Upholding the fundamental ILO
conventions on forced labour (No. 29, No. 105)
   •  Upholding the fundamental ILO
conventions on child labour (No. 138, No. 182)
   •  Upholding the fundamental ILO
conventions on fair wages (No. 100)
   •  Upholding the fundamental ILO
conventions on discrimination (No. 111)
Concerning the Company's human rights
practices:  

(i) SilverCrest promotes the free association of
workers and collective bargaining agreements;
(ii) SilverCrest does not engage in forced labor
practices nor the hiring of minors, as per
Mexican law;  
(iii) SilverCrest also respects fair wages,
providing salaries to employees above the
professional minimums established by law in
Mexico;  
(iv) SilverCrest's Human Rights policy prohibits
discrimination and has procedures for
reporting and compliance;
(v) SilverCrest's Human Rights policy promotes
the right to freedom of religious, political, and
sex - gender association.

Environmental, Social & Governance (ESG)
Policies and Guidelines
Discuss the practices and procedures while operating in areas of conflict, describing the approach according to the Five-Step Framework outlined in the OECD Due Diligence Guidance for Responsible Supply Chains of Minerals from Conflict-Affected and High-Risk Areas Not applicable.

Our operations and reserves are not in areas of
conflict as defined by SASB 210a. In addition,
the Company has not identified any pre-
existing conflict in our area of interest.
Human Rights Assessment
Operations Reviews and Assessments
Total number of operations that have been subject to human rights reviews or human rights impact assessments 0
Total percentage of operations that have been subject to human rights reviews or human rights impact assessments 0.0000%
Employee Training on Human Rights Policies
Total number of hours devoted to training on human rights policies or procedures concerning aspects of human rights that are relevant to the operations 204
Report the percentage of the workforce trained during the reporting period in human rights policies or procedures concerning aspects of human rights that are relevant to operations 12.5000%
Contracts and Agreements
Number of agreements that include human rights clauses or underwent human rights screening 5
Percentage of significant investment agreements and contracts that include human rights clauses or underwent human rights screening 11.6279%
Local Communities
Operations with Local Community
Percentage of operations with social impact assessments, including gender impact assessments, based on participatory processes 100.0000%
The Company's full Social Baseline Study is not
publicly disclosed; however, much of the
information is disclosed in various Company
documents, including the most recent Las
Chispas Operation Technical
Report.  Specifically, page 440 of this document
speaks about the Social Baseline Study
completed in 2019-2020.  To view the Las
Chispas Technical Report, please visit this link:
https://www.silvercrestmetals.
com/_resources/reports/NI-43-101-Technica-
Report-Las-Chispas-Operation.pdf?v=052311.
Have the operations included the use of the following:
Social impact assessments, including gender impact assessments, based on participatory processes Yes
Environmental impact assessments and ongoing monitoring Yes
Public disclosure of results of environmental and social impact assessments Yes
Local community development programs based on local communities’ needs Yes
Stakeholder engagement plans based on stakeholder mapping Yes
Broad based local community consultation committees and processes that include vulnerable groups Yes
Works councils, occupational health and safety committees and other worker representation bodies to deal with impacts Yes
Formal local community grievance processes Yes
Significant disputes relating to land use, customary rights of local communities and indigenous peoples Not applicable.
SilverCrest does not have any disputes over
property owned and/or operated by the
Company.
Number of significant disputes relating to land use, customary rights of local communities and indigenous peoples 0
Description of significant disputes relating to land use, customary rights of local communities and indigenous peoples Not Applicable.
The extent to which grievance mechanisms were used to resolve disputes relating to land use, customary rights of local communities and indigenous peoples, and the outcomes Not applicable. SilverCrest has not had any land
use disputes and therefore has not had to
implement the Company's whistleblower or
grievance procedures to resolve land disputes.
Operations With Negative Impacts
Report operations with significant actual and potential negative impacts on local communities The Las Chispas operation is closest to the
Arizpe community.
Do the following factors apply in regards to vulnerability and risk to local communities from potential negative impacts:
Physical or economic isolation of the local community Not Applicable
Level of socio-economic development, including the degree of gender equality within the community Yes
Severity of the impact Low
Duration of the impact Short term
Reversibility of the impact Partially reversible
Scale of the impact Small
State of socio-economic infrastructure, including health and education infrastructure Not Applicable
Proximity to operations No
SilverCrest's operations are located 15 km
from the nearest community. Given the
distance and the safeguards in place, the
vulnerability and risk associated with the
proximity of local communities to the
operations is considered minimal.
Level of social organization Applicable
Strength and quality of the governance of local and national institutions around local communities Not Applicable
Other, please specify Not Applicable
No adverse or negative impacts were reported
at the end of operations in 2023.
Report the exposure of the local community to its operations due to higher than average use of shared resources or impact on shared resources, including:
Do the following apply in regards to the use of hazardous substances that impact the environment and human health in general, and specifically impact reproductive health Not Applicable
Not applicable. No negative impacts have been
identified in local communities as a result of
SilverCrest's operations.
The volume and type of pollution released Not Applicable
Not applicable. No negative impacts have been
identified in local communities as a result of
SilverCrest's operations.
The status as major employer in the local community Applicable
Land conversion and resettlement Not Applicable
Natural resource consumption Applicable
Other, please specify Not Applicable
Community Relations
Artisanal and Small-Scale Mining
Number of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site (not controlled by company/unauthorized) 0
Percentage of company operating sites where artisanal and small-scale mining (ASM) takes place on, or adjacent to, the site 0.0000%
Report the associated risks and the actions taken to manage and mitigate these risks Not applicable. SilverCrest does not operate
any sites where artisanal and small-scale
mining takes place.
Programs
Report on community relations programs, objectives and achievements in the past 3 years In 2021, SilverCrest's subsidiary La Llamarada
conducted social and environmental baseline
studies to identify local stakeholder groups,
socio-economic and environmental conditions
and potential risks. The information gathered
was used to develop the company's stakeholder
engagement strategy, including the frequency
of communication with each stakeholder
group.  Over the past three years, the
stakeholder network established through the
community engagement program has enabled
the Company to identify community issues as
they arise and to develop related community
social investment projects with the input and
participation of local stakeholders. The
Company engages and works with local, state
and federal government agencies to implement
some of these projects, particularly with
respect to water.

These community programs include completed
and planned Water Stewardship Plan
infrastructure projects, street lighting projects,
donating to local schools and athletic teams, as
well as maintaining positive relationships with
the local community.
This exercise was used by the Company's
Community Relations department to develop
management plans that included: stakeholder
identification (including community leaders,
special interest groups, and government
agencies). This information was used to develop
the stakeholder engagement plan, which
outlines the Company's stakeholder
engagement strategy and frequency of
communication with each stakeholder.  This
stakeholder network enabled the company to
develop community social investment projects
with the input and participation of local
stakeholders. Once potential social investment
opportunities were identified, these projects
were communicated to local, state, and federal
government agencies with whom the company
works to implement these social
investments.  Please refer to the attached
document and the links below for information
on the Company's community relations
programs, the 5-year social investment plan,
and the results of these programs for the 2023
reporting period.

2022 Water Stewardship Report

2022 TCFD Report
Risks
Discuss processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business As part of its risk and opportunity management
processes and practices, SilverCrest has
developed a stakeholder management and
communication plan that includes communities,
landowners, and government officials. In 2023,
SilverCrest held a total of 136 meetings with its
community stakeholders to follow up on the
annual stakeholder management plan.  The
Company has also developed long-term
strategies. We are working with federal, state,
and local governments and all local
stakeholders to design and implement
community development projects.
Economic rights and interests, including, but not limited to, employment, fair wages, payment transparency, national resource governance, and respect of infrastructure and agricultural land SilverCrest complies with federal labor laws
and the collective bargaining agreement for
employees.
Environmental rights and interests, including, but not limited to clean local air and water, as well as safe discharge and disposal of waste The Las Chispas operation is located
approximately 10 kilometers from the federal
highway and approximately 12 kilometers from
the nearest town and is therefore not near any
populated areas. Las Chispas is a zero discharge
operation and therefore has no contaminated
water or other discharges. In addition, Las
Chispas contains only dry tailings (there are no
tailings dams). To ensure environmental safety,
the dry tailings are dried by the sun to avoid
contamination and reduce environmental risks.
The tailings do not generate acid and the dry
tailings impoundment is lined for additional
environmental protection.
In addition, as part of its risk management
program and in compliance with legal
requirements, Las Chispas has an established
environmental monitoring system that would
alert the Company to any potential risks to the
environment. There are minimal risks to
communities due to the distance between the
Las Chispas operation and local communities
(approximately 12 kilometers).
Environmental Policy
Social rights and interests, including, but not limited to adequate health care, education, and housing SilverCrest's Las Chispas Operation has not
generated any risks to the local communities or
stakeholders' health, education or housing.
The Company has built and maintains a
workers' camp to house its employees. The
workers' camp has its own dining hall and
kitchen, as well as a staffed medical
clinic.  Many of the Las Chispas workers have
also returned to live in the local communities,
which has brought various benefits to these
communities. Engagement with communities
and stakeholders is ongoing to assess and
manage potential risks and opportunities as
they arise.
Human Rights Community Policy
Cultural rights and interests, including, but not limited to protection of places of cultural significance (e.g., sacred sites or burial sites) Cultural rights and interests are recognized in
our Human Rights and Diversity Policy.
Regarding the care and protection of places of
cultural or sacred importance, in Mexico they
are protected and regulated by the National
Institute of Anthropology and History and are
included in the National Catalogue of Historical
Monuments.
Regarding sacred sites, no place or site that is
sacred or important to an indigenous or
national group has been identified in the area of
influence of our project.
Diversity Policy Community Policy Human Rights Policy
Lifecycle stages to which the entity's practices apply, if relevant
   •  Pre-bid (when the entity is considering
acquisition of a site)
   •  Exploration and appraisal
   •  Site development
   •  Mineral production
   •  During closure
   •  Decommissioning and restoration
The community rights and interests (enumerated above) specifically addressed by the practices SilverCrest and its subsidiaries are committed
to making a positive social and economic
contribution to the communities in which the
Company operates.
The Company believes in building long-term
relationships that respect and promote local
cultures and sustainable development that
benefits communities.
Community Policy Human Rights Policy
The underlying references for the entity's procedures, including whether they are codes, guidelines, standards, or regulations and whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization), a governmental agency, or some combination of these groups All information on procedures, internal
regulations, governance, guidelines, criteria and
policies is based on the laws of the country in
which the Company operates and the
recommendations of international bodies,
which set the tone for all our policies, which in
turn are made public.
The Company's Human Rights and the Supplier
Code of Conduct can be found at the link below.

Policies and Guidelines

Human Rights Policy

Supplier Code of Conduct
Risks associated with community relations include:
   •  Access to land
   •  Availability and access to adequate
infrastructure
   •  Non-technical delays
Opportunities
The entity shall discuss its processes, procedures, and practices to manage risks and opportunities associated with the rights and interests of communities in areas where it conducts business The Company has processes, procedures, and
practices to manage risks and opportunities
associated with the rights and interests of
communities in areas where it conducts
business.
Economic rights and interests, including, but not limited to, employment, fair wages, payment transparency, national resource governance, and respect of infrastructure and agricultural land In terms of economic rights, fair wages, and
transparency of payments, there is a collective
bargaining agreement and freedom of
association is guaranteed. In addition, all
salaries are above the minimum required by
law. SilverCrest publicly discloses royalty
payments, works with government agencies to
obtain permits for the use of national
resources, and complies with Mexican agrarian
(ejido) and private property laws.
The Company's Human Rights and the Supplier
Code of Conduct can be found here https:
//www.silvercrestmetals.
com/sustainability/policies-and-guidelines/

SilverCrest Policies
Environmental rights and interests, including, but not limited to clean local air and water, as well as safe discharge and disposal of waste All environmental policies are based on
Mexican environmental laws. In addition, the
environmental standards implemented at
SilverCrest exceed those required by law, the
project has zero water discharge and all waste
is managed in accordance with environmental
regulations.
Environmental Policy

Water Policy
Social rights and interests, including, but not limited to adequate health care, education, and housing The social rights that we as an organization are
responsible for ensuring are those of our
employees. In addition, the Company's
Community Policy establishes the importance
of building alliances to create conditions of
well-being for neighboring communities
beyond the duration of operations.

For more information, see the policies at the
links below.
Health and Safety Policy

Community Policy
Cultural rights and interests, including, but not limited to protection of places of cultural significance (e.g., sacred sites or burial sites) Cultural rights and interests are recognized in
our Human Rights and Diversity Policy.
Regarding the care and protection of sites of
cultural or sacred importance, in Mexico, these
are protected and regulated by the National
Institute of Anthropology and History and are
included in the National Catalogue of Historical
Monuments. Regarding sacred places, no place
or site that is sacred or important to an
indigenous or national group has been
identified in the area of influence of our project.
Community Policy

Diversity Policy

Human Rights Policy
Lifecycle stages to which its practices apply, if relevant
   •  Pre-bid (when the entity is considering
acquisition of a site)
   •  Exploration and appraisal
   •  Site development
   •  Mineral production
   •  During closure
   •  Decommissioning and restoration
The community rights and interests (enumerated above) specifically addressed by the practices The Company's Community Policy establishes
the importance of building alliances to create
conditions of well-being for neighboring
communities beyond the life of our project. In
addition, there is a long-term plan to positively
impact the local economy and protect natural
resources for neighboring communities.
Community Policy

Human Rights Policy

Water Stewardship Report
The underlying references for its procedures, including whether they are codes, guidelines, standards, or regulations and whether they were developed by the entity, an industry organization, a third-party organization (e.g., a non-governmental organization), a governmental agency, or some combination of these groups All policies, governance systems, procedures,
codes and guidelines have been developed
based on country laws and performance
standards, as well as international regulations
that establish criteria for best management
practices. They are also tailored to the nature
of our project.  

Those listed in the link below are the general
guidelines. In addition, there is a set of work
instructions and policies that are the specific
guide for the different areas of ESG.
SilverCrest Policies
Risks and Opportunities
The degree to which the entity's policies and practices are aligned with the International Finance Corporation’s (IFC) Performance Standards on Environmental and Social Sustainability, January 1, 2012, including specifically: To the extent possible, the corporate
governance system integrates and aligns with
leading standards and best practices, including
the IFC Performance Standards.
Alignment with Performance Standard 4 - Community Health, Safety, and Security Partially aligned
Due to the geographic distance between the
Las Chispas operation and surrounding
communities (12 kilometers), the Company has
developed emergency plans following the
needs of the operation.  A communication plan
is in place to inform interested/applicable
stakeholders of any emergencies should they
occur.
Alignment with Performance Standard 5 - Land Acquisition and Involuntary Resettlement Fully aligned
Alignment with Performance Standard 8 - Cultural Heritage Fully aligned
Elaborate on how practices apply to business partners, i.e., contractors, sub-contractors, suppliers, and joint venture partners The Company's policies, including the
Community Policy, apply to all of the
Company's business partners, including
contractors, subcontractors, and suppliers. In
addition, some policies apply only to
contractors, such as the Code of Ethics for
Contractors.
Describe efforts to eliminate or mitigate community risks and/or address community concerns:
The use of Social Impact Assessment (SIA) that evaluates, manages, and mitigates risks The Company conducted a social baseline study
for its Las Chispas operation in 2019, and a
social impact assessment (SIA) in 2021. These
studies helped identify stakeholders and map
their concerns. The Company's engagement
and five-year social investment plan (see Water
Stewardship Report for more details) resulted
from these studies.
Water Stewardship Report
Efforts to engage with stakeholders, build consensus, and collaborate with communities SilverCrest has a local stakeholder engagement
team that meets with local communities and
the three levels of government, as well as
community groups with specific interests (i.e.
education, health, etc.) through stakeholder
information and feedback meetings and
projects undertaken with stakeholders. In
addition, stakeholders can communicate with
the Company through its grievance mechanism.
The Company also uses social media to keep
certain stakeholders informed.
“Shared” or “blended” value projects that provide quantifiable benefits to the community and the entity SilverCrest developed a five-year investment
plan based on the findings and information
gathered through the social impact assessment.
Through community participation and input,
SilverCrest is establishing action plans to
implement a program focused primarily on
sustainable water management to also support
the local economy, which is primarily based on
the region's agricultural production.
Water Stewardship Report
Identify and describe country risks specific to the entity's projects and unique operating context SilverCrest's operations in Mexico are exposed
to various levels of political, economic, and
other risks and uncertainties that could impact
the Company's properties and operations. The
Company's Las Chispas operation is located in
areas in which criminal organizations may
operate. Risks and uncertainties may include,
but are not limited to local drug gang activities;
fluctuations in currency exchange rates;
changes in royalty regimes, including the
elimination of tax exemptions; underdeveloped
industrial and economic infrastructure; labor
unrest; changes in taxation policies; and
changing political conditions arising from
changes in government and otherwise,
currency controls, import and export
regulations, and governmental regulations.
Discuss how the entity has mitigated these risks (e.g., through community engagement partnerships, and blended value projects) SilverCrest's Las Chispas operation has
received all required permits to operate. The
Company has also implemented a robust
engagement plan with local stakeholders and
suppliers and regularly engages with various
levels of government to mitigate any potential
or emerging risks. SilverCrest maintains good
relations with the local communities in which it
operates and provides benefits to these local
communities in various ways, such as local
water infrastructure projects. SilverCrest has
also implemented security mine and workers'
protection protocols. These protocols adhere
to Voluntary Principles guidelines.
Disclose the total number of site shutdowns or project delays due to non-technical factors 0
Disclose the total aggregate duration (in days) of site shutdowns or project delays due to non-technical factors 0
Discuss specific delays including associated costs, root cause and corrective actions for resolved delay, and status of ongoing delays Not applicable. SilverCrest did not experience
delays or shut-downs due to non-technical
factors in 2023.
Resettlement
Have there been community resettlements in order to accommodate business activities and if so, please provide the following details about the specific sites No
Economic Performance
Government Financial Assistance
Report the total amount received by the organization from any government as financial assistance during the reporting period, including (currency, Thousands) 0
Tax relief and tax credits 0
Subsidies 0
Investment grants, research and development grants, and other relevant types of grant 0
Awards; 0
Royalty holidays 0
Financial assistance from Export Credit Agencies (ECAs) 0
Financial incentives 0
Other financial benefits received or receivable from any government for any operation 0
Whether, and the extent to which, any government is present in the shareholding structure There is no government present in the
Company's shareholding structure.
Market Presence
Management Representation
Report the percentage of senior management at significant locations of operation that are hired from the local community 8.3333%
No SilverCrest Metals employees based in
Canada are included in this report.
The definition used for ‘senior management’ In Mexico (Las Chispas): General Manager,
Senior Managers, Heads of Areas and
Operation, and certain Superintendents.
The organization’s geographical definition of ‘local’ The Sonora River Valley Region
The definition used for ‘significant locations of operation’ The Las Chispas operation.
In significant locations of operation, report proportion (percentage) of the facility’s total workforce from the local community 27.6398%
Indirect Economic Impacts
Infrastructure Investments and Services Supported
What is the extent of development of significant infrastructure investments and services supported SilverCrest worked with local stakeholders to
develop a five-year investment plan for 2021.
The plan focuses on the conservation,
management and efficient use of water for
agricultural use. 2022 was the first year of this
project and details of the actions taken are
disclosed in our Water Stewardship Report. By
the end of 2023, the company will have
rehabilitated 1,700 meters of irrigation
aqueducts and established infrastructure for
groundwater collection and water distribution
systems for farmers. We are currently working
on the legalization of water use rights
(concessions) by local stakeholders. In addition,
to protect the soil from pollution, we replaced
1800 meters of concrete pipes with PVC pipes
to improve the local sewerage system and
installed 600 meters of street lighting on the
main road in Arizpe. We also installed electric
water pumping equipment on agricultural wells
in Sinoquipe. Our five-year investment plan
includes $1.5 million, with water infrastructure
projects to be completed by 2024.

In addition, during 2021, the Company entered
into a 20-year lease of a building in Arizpe to
convert the building into a geochemical assay
laboratory.  The Company completed
construction of the laboratory and procured all
the necessary laboratory equipment in Q2,
2022.  The facility commenced operations and
receiving grade control samples from Las
Chispas in April, 2022. When fully certified, the
laboratory will also serve as the primary
analytical facility to support exploration
activities. This is helping  increase the
Company’s business resilience with less
dependence on certain vendors, but also
helping add work in the local communities. The
laboratory employs approximately 20-30
people, of which a significant number of
employees are from Arizpe. The Company does
not expect to terminate this lease during the
Las Chispas LOM and does expect the
laboratory operation will be maintained after
mine  closure which would support a
sustainable business and keep local jobs in the
community.
Water Stewardship Report

TCFD Report
What is the current or expected positive impacts on communities and local economies The beneficiaries of our social and water
infrastructure investments to date are as
follows:
- Aqueduct Project and Water Intake Valve:
474 acres and 175 families. In addition, the
improved water intake valve can provide year-
round water access to the surrounding land,
allowing landowners to have two planting
seasons per year instead of one.
- Beneficiaries of the sanitation projects: 1700
residents in Arizpe.  
- Street lighting: 1770 people who use the main
road in and out of Arizpe.
- Pumping wells: 350 people in Sinoquipe,
mostly landowners.
- Assay laboratory: add work in Arizpe (e.g.
employs 15-20 personnel from Arizpe).
Employees develop assay laboratory skills.
- Other significant impacts:  Improved use,
economy, and management of water. Reduced
wear and tear on the aquifer mantle. Securing a
stable water supply for farmers near the water
infrastructure upgrades.

The positive impact of these infrastructure
improvements is expected to grow as the
benefits of the improvements are experienced
over many years. These projects are also
expected to significantly improve the water
resilience of local communities to worsening
droughts and water scarcity in the region.

The Company participated in discussions of
impacts from the physical presence of
employees in Arizpe and Banamichi in terms of
need for accommodations, food supply,
procurement of other goods and services for
the mine, and etc.
What is the current or expected negative impacts on communities and local economies Some indirect negative economic impacts:
- impact on available resources (cost of labour
increases)
- increased costs of living (accommodation,
food, etc.) as more suppliers or contractors of
the mine stay in the communities
- at closure of mine, the communities would be
impacted by losses of revenue in the area due
to the decrease in presence of workers and
suppliers no longer needing to be in the area.
What are the types of investments In-Kind
SilverCrest carries out the engineering and
development work and hires local contractors
for the development of the projects.
Significant Indirect Economic Impacts
Provide examples of significant positive indirect economic impacts of the organization
   •  Changes in the productivity of
organizations, sectors, or the whole economy
(such as through greater adoption of
information technology)
   •  Enhanced skills and knowledge in a
professional community or in a geographic
location (such as when shifts in an organization’
s needs attract additional skilled workers to an
area, who, in turn, drive a local need for new
learning institutions)
   •  Number of jobs supported in the supply or
distribution chain (such as the employment
impacts on suppliers as a result of an
organization’s growth or contraction)
   •  Other, please specify
Other positive impacts include the
improvement of agricultural infrastructure to
sustain the region's existing agricultural
economy.
Provide examples of significant negative indirect economic impacts of the organization Other, please specify
No negative indirect economic impacts have
been identified for the Las Chispas operation.
Governance
Governance structure and composition
Describe the governance structure, including committees of the highest governance body (e.g. the Board of Directors, the Executives, the Board Environment Committee, Board Safety Committee, the Advisory Committee, etc.) SilverCrest's Board of Directors is composed of
7 members, including an independent chair. The
Board discharges its responsibilities both
directly and through its committees, including
the Audit Committee, the Corporate
Governance and Nominating Committee, the
Compensation Committee, and the Safety,
Environmental and Social Sustainability
Committee. The Board may also appoint ad-hoc
committees periodically to address issues of a
more short-term nature.
List the committees of the highest governance body that are responsible for decision making and overseeing the management of the organization’s impacts on the economy, environment and people (e.g. Board level Environment Committee, Safety Committee, ESG Committee, Advisory Committee, etc.) The SESS Committee of the Board is
responsible for overseeing the Company's
performance with respect to safety (including
occupational health), environmental (including
climate change), and social sustainability. The
Committee's purpose is to evaluate the
effectiveness of the Company's policies and
practices, monitor compliance with laws, rules,
and regulations, assess potential operational,
human resources, and financial risks and
opportunities arising from environmental,
geopolitical, or social factors, and report
periodically to the Board.
Delegation of responsibility for managing impacts
Describe whether the highest governance body has appointed any senior executives with responsibility for the management of organization’s impacts on the economy, environment and people (e.g., is it part of the Governance structure of the company, CEO's role, CFO's role, Sustanability Executive, etc.) The Company's President, CEO, COO, and CFO
have been appointed with all issues related to
the Company's ESG matters. Please refer to the
attached ESG Governance Chart.
The Company's COO retired effective January
31, 2024.
Describe whether the highest governance body has delegated responsibility for the management of impacts to other employees SilverCrest's Board of Directors has delegated
responsibility of workforce matters to the
Company's Chief Operating Officer, Mr. Pierre
Beaudoin.
The Company's COO retired effective January
31, 2024.
Describe the process and frequency for senior executives or other employees to report back to the highest governance body on the management of the organization’s impacts on the economy, environment and people. The Safety, Environmental, and Social
Sustainability Committee reports to the Board
at least biannually on the Company's
compliance with related corporate policies,
risks and opportunities identified, and relevant
current developments.
Safety, Environmental and Social Sustainability
Committee Charter
Policy commitments
Provide a description of the organization’s policy commitments for responsible business conduct SilverCrest is committed to promoting a culture
of ethical business conduct, conducting
business in a socially and environmentally
responsible manner, and meeting or exceeding
regulatory requirements in all of its
exploration, development, mining, and closure
activities. The Company's policies relevant to
this commitment include the following:
Advance Notice Policy, Anti-Bribery and Anti-
Corruption Policy, Code of Business Conduct
and Ethics, Community Policy, Disclosure
Policy, Diversity Policy, Environmental Policy,
Health and Safety Policy, Human Rights Policy,
Incentive Compensation Clawback Policy,
Majority Voting Policy for Election of Directors,
Security Trading Policy, Supplier Code of
Conduct, and the Water Management Policy.

In addition, SilverCrest and its subsidiaries are
committed to a culture of respect, honesty,
integrity, and accountability. The Company
requires the highest standards of professional
and ethical conduct from its employees,
officers, and directors. Employees may choose
to remain anonymous when reporting concerns
about accounting or financial irregularities,
violations of our Code of Business Conduct and
Ethics, or ideas and suggestions that may
improve the Company's operations.

For more information, see the Company's
Complaint Mechanism and Whistleblower
Policy.
Code of Business Conduct and Ethics Policy
(English)

Code of Business Conduct and Ethics Policy
(Spanish)

Grievance Mechanism (English)

Grievance Mechanism (Spanish)

Whistleblower (English)

Whistleblower (Spanish)
What are (if any) the authoritative intergovernmental instruments that the commitments reference SilverCrest's policy commitments comply with
all applicable laws and regulations, and/or best
practices where the former is lacking.  The
Company's multiple commitments for
responsible business conduct reference
intergovernmental instruments, including but
not limited to the IFC 2012 Guidelines and
Performance Standards, the ILO Declaration of
Fundamental Principles and Rights at Work, the
International Bill of Human Rights, TCFD
recommendations, the ICMM Water
Stewardship Framework, and the ICMM Good
practices for Grievance Management.
Do the commitments stipulate conducting due diligence Yes
SilverCrest policy commitments require either
due diligence, monitoring, regular reviews,
and/or reporting on the policy commitments.
SilverCrest stakeholders additionally have
access to the Company's Whistleblower and
Grievance Mechanism.
Do the commitments stipulate applying the Precautionary Principle or Approach (see instructions). Yes
Do the commitments stipulate respecting human rights Yes
Describe the specific policy commitment to respect human rights Please refer to the links below for access to
SilverCrest's Human Rights Policy
commitments in English and Spanish.
Human Rights Policy (English)

Human Rights Policy (Spanish)
What are (if any) the internationally recognized human rights that the commitment covers SilverCrest considers “Human Rights” to be all
internationally recognized human rights
referred to in the International Bill of Human
Rights and the International Labour
Organization (ILO) Declaration of Fundamental
Principles and Rights at Work.
What are the categories of stakeholders, including at-risk or vulnerable groups, that the organization gives particular attention to in the commitment SilverCrest's Human Rights Policy gives
particular attention to the Company’s people
and partners, including employees,
shareholders, contractors, suppliers, local
communities, and any other Company
stakeholder. The Policy also bans child and
forced labour and requires respect for
indigenous populations as at-risk or vulnerable
populations.
Provide links to the policy commitments, if publicly available, or, if the policy commitments are not publicly available, explain the reason for this Please refer to the links below for access to the
Company's publicly available policy
commitments.
ESG Policies and Guidelines

Whistleblower and Grievance Mechanism
Report the level at which each policy commitment was approved within the organization, including whether this is the most senior level SilverCrest's corporate policies are approved
by the Company's Board of Directors, which is
the most senior level of the organization.
To what extent the policy commitments apply to the organization’s activities and to its business relationships Respect for Human Rights is consistent with
SilverCrest’s values outlined in the Company’s
Code of Business Conduct and Ethics, which are
fundamental to the sustainability of the
Company and the communities within which
SilverCrest operates. A diverse and inclusive
workplace is critical to SilverCrest’s success,
and all personnel have a responsibility, both
individually and collectively, to operate in a way
which respects Human Rights and fosters an
inclusive culture. SilverCrest is sensitive to
Human Rights issues associated with mining
activities. The Company seeks to prevent
causing or contributing to adverse human
rights impacts and will address, mitigate, and
monitor any such impacts in a timely manner.
Company employees, officers, directors,
agents, consultants, contractors, and other
representatives are considered company
personnel and are contractually obligated to
adhere to the Company's policy commitments.
Describe how the policy commitments are communicated to employees, business partners, and other relevant parties SilverCrest has developed and implemented
procedures, training, and internal reporting
structures to disseminate the policy
throughout the Company and into project
exploration, short and long-term planning, mine
development, operations, and mine closure.
Embedding policy commitments
Describe how the organization embeds each of its policy commitments for responsible business conduct throughout its activities and business relationships Our Code of Business Conduct and Ethics, Anti-
Bribery and Anti-Corruption Policy,
Whistleblower Policy, Supplier Code of
Conduct, Human Rights Policy and other main
company polices, set the foundational
expectations for ethical business practices at
SilverCrest for all employees, suppliers and
other stakeholders. These policies provide
guidance on core business ethics issues.
How are responsibilities allocated in order to implement the commitments across different levels within the organization Please refer to the attached file for a
description of how ESG responsibilities are
allocated across different levels within the
Company.
ESG Governance Structure
How are the commitments integrated into organizational strategies, operational policies, and operational procedures Please refer to the document attached for a
description of SilverCrest's ESG strategy.
ESG Strategy
How does the organization implement its commitments with and through its business relationships SilverCrest's policy commitments extend to all
third parties conducting business with the
Company. In addition, SilverCrest's Board of
Directors approved a Supplier Code of Conduct
that requires suppliers to adhere to the
Company's policy commitments.
Governance structure and composition
Describe the composition of the highest governance body and its committees by:
Number of executive members (non-independent) 1
N. Eric Fier, CEO, is considered a non-
independent board member.
Number of non-executive members (non-independent) 0
Number of independent members 6
Less than 3 years of tenure of members on the governance body 1
3-6 years of tenure of members on the governance body 3
6-9 years of tenure of members on the governance body 3
More than 10 years of tenure of members on the governance body 0
Number of other significant positions and commitments held by each member, and the nature of the commitments Please refer to the link below for a description
of the Company's Board of Director's executive
biographies.
Further details can also be seen in the
Company's 2024 Notice of Annual General
Meeting and Information Circular.

Management and Directors

2024 Notice of Annual General Meeting and
Information Circular
Number of Male governance body members 4
Number of Female governance body members 3
Number of members from under-represented social groups 3
Description of competencies relating to economic, environmental, and social topics Please refer to the link below for a description
of the Company's Board of Director's executive
biographies.
Management and Directors
Description of stakeholder representation As a public company engaged in mineral
production, SilverCrest's primary stakeholder
groups include its shareholders, employees, and
the residents of the communities in which it
operates. The Company uses various means to
communicate and consult with its stakeholder
groups and provides them with opportunities
and mechanisms to provide feedback to the
Company.
https://www.silvercrestmetals.
com/sustainability/policies-and-guidelines/
Highest Governance Body
Describe the nomination and selection processes for the highest governance body and its committees SilverCrest Metals' Corporate Governance and
Nominating Committee provides assistance to
the Board in fulfilling its responsibility to the
shareholders, potential shareholders and the
investment community by identifying and
recommending qualified individuals for
nomination to the Board and arranging for
evaluations of the Board.  In consultation with
the Chair of the Board and the Chief Executive
Officer, the Committee identifies, screens,
selects, and nominates directors for the annual
meetings of shareholders. Each director of the
Company is elected by the vote of a majority of
the shares, represented in person or by proxy,
at any meeting for the election of directors.
Corporate Governance and Nominating
Committee

Majority Voting Policy for Election of Directors
Do you have a diversity policy and if so, provide details, link to the policy or attach the file Yes. Please refer to the link below to access
SilverCrest Metals' publicly disclosed diversity
policy.
Diversity Policy
Report the criteria used for nominating and selecting highest governance body members In making its recommendations to the Board
regarding director nominees, the Corporate
Governance and Nominating Committee
considers:
(a) the appropriate size of the Board;
(b) the Board succession and refreshment
policies and procedures;
(c) the competencies and skills that the Board
considers to be necessary for the Board, as a
whole, to possess;
(d) the competencies and skills that the Board
considers each existing director to possess;
(e) the competencies and skills each new
nominee will bring to the Board; and
(f) whether or not each new nominee can
devote sufficient time and resources to the
nominee’s duties as a director of the Company.
Corporate Governance and Nominating
Committee Charter
Discuss whether and how views of the stakeholders (including shareholders) are involved Nominations of persons for election to the
Board may be made at any annual meeting of
shareholders of the Company, or at any special
meeting of shareholders of the Company if one
of the purposes for which the special meeting is
called is the election of directors. Please refer
to the Advance Notice Policy for further
information.
Advance Notice Policy
Discuss whether and how diversity is considered In fulfilling its nomination responsibilities, the
Committee recognizes that consideration of
diversity, together with consideration of the
necessary competencies, experience, skills, and
backgrounds required to achieve strategic
objectives, enhances the quality of the Board's
performance. The Committee considers
diversity from a broad perspective, including
but not limited to diversity of skills, business
experience, education, geography, age, gender,
ability, ethnicity, Aboriginal status, and length
of service. When evaluating the composition of
the Board or identifying suitable candidates for
appointment or re-election to the Board, the
Committee considers candidates on merit
against objective criteria to ensure that the
Board has the skills, expertise, experience, and
background necessary to provide effective
oversight for the achievement of the
Company's strategic objectives, taking into
account the benefits of diversity and the needs
of the Board.
Discuss whether and how independence is considered The Corporate Governance and Nominating
Committee recommends procedures to ensure
that the Board and the committees function
independently of management.
Discuss whether and how competencies relevant to the impacts of the organization are considered The Corporate Governance and Nominating
Committee assesses each individual board
nominee's background, experience and specific
training in the context of strategic priorities
that are informed by material risks and
opportunities. The Committee maintains skills
matrix which is reviewed annually.
Chair of the highest governance body
Is the chair of the highest governance body also a senior executive in the organization (non-independent) No
Conflicts of Interest
Describe the processes for the highest governance body to ensure that conflicts of interest are prevented and mitigated SilverCrest's Code of Business Conduct and
Ethics prohibits activities that could give rise to
conflicts of interests. Where a conflict involves
a Board member (i.e. where a Board member
has an interest in a material contract or
material transaction involving the Company),
the Board member involved will be required to
disclose his or her interest to the Board and
refrain from voting at the Board meeting of the
Company considering such contract or
transaction in accordance with applicable law.
Any potential conflicts of interest are reported
immediately to a member of senior
management who is independent of the
potential conflict and who assesses the issue
with, if necessary, the advice of legal counsel.
For unresolved potential conflicts involving any
employee or where a member of senior
management or a Board member is involved in
a potential conflict, the issue should be referred
to the Board (assisted by the Audit Committee
and legal counsel as necessary). SilverCrest also
has a Supplier Code of Conduct that addresses
potential conflicts of interest and a Grievance
Mechanism and Whistleblower hotline for
reporting possible violations to the Company's
policies.
Code of Business Conduct and Ethics

Supplier Code of Conduct

Grievance Mechanism and Whistleblower
Policy
Are conflicts of interest disclosed to stakeholders Yes
Detailed disclosures appear in the latest
Management Information Circular, p. 59: https:
//silvercrestmetals.com/_resources/agm/2024-
Information-Circular.pdf?v=061411
Are there conflicts of interest related to: cross-board membership No
Are there conflicts of interest related to: cross-shareholding with suppliers and other stakeholders No
Are there conflicts of interest related to: existence of controlling shareholder No
Are there conflicts of interest related to: related parties, their relationships, transactions, and outstanding balances No
Collective knowledge of highest governance body
Report measures taken to advance the collective knowledge, skills and experience of the highest governance body on sustainable development. (e.g. board training) The Board is responsible for ensuring that
measures are taken to orient new directors
regarding the role of the Board, its committees
and its directors and the nature and operation
of the Company’s business. The Board is also
responsible for ensuring that measures are
taken to provide continuing education for its
directors to ensure that they maintain the skill
and knowledge necessary to meet their
obligations as directors.

The Company relies on the in depth public
company and professional experience of the
members of the Board for their skills and
knowledge necessary to meet their obligations
as directors. Board members are entitled to
attend, and do attend, seminars they determine
necessary to keep themselves up-to-date with
current issues relevant to their service as
directors of the Company. Directors also
conduct due diligence visits to Las Chispas
operations and all main offices in Mexico and
Canada at least once per year.

During 2023, all directors of the Company were
also enrolled as members of the Institute of
Corporate Directors (ICD) and were
encouraged to attend relevant courses and
seminars. Continuing education included the
full Board’s participation in a say on pay
workshop, a cyber security training sessions
held by the Company’s IT consultant and
several directors’ participation in various
webinars and forums related to ESG,
sustainability, climate change, mining, financial
reporting and tax offered by leading audit firms
and banks.
During 2023, as detailed in the Management
Information Circular (MIC), continuing
education for directors included the full Board’s
participation in a say-on-pay workshop, a cyber
security training sessions held by the Company’
s IT consultant and several directors’
participation in various webinars and forums
related to ESG, sustainability, climate change,
mining, financial reporting and tax offered by
leading audit firms and banks. During 2023, all
directors of the Company were also enrolled as
members of the Institute of Corporate
Directors (ICD) and were encouraged to attend
relevant courses and seminars, which are
outlined on p. 22 of the MIC.

Board Mandate

2024 Annual General Meeting and Information
Circular
Evaluation of Highest Governance Body
Describe the processes for evaluating the performance of the highest governance body in overseeing the management of the organization’s impacts on the economy, environment and people The Corporate Governance and Nominations
Committee, in consultation with the Chair,
ensures there is an appropriate system in place
to evaluate the effectiveness of the full Board
and the committees of the Board in carrying out
their respective responsibilities and duties. In
connection with these evaluations, each
director must provide his or her assessment of
the effectiveness of the Board, and each
committee, as well as the performance of other
individual directors. These evaluations take
into account the competencies and skills each
director is expected to bring to his or her
particular role on the Board or a committee, as
well as any other relevant facts. The Committee
reviews compliance with issues arising from
and considers and approves any changes to, the
Company’s governance policies, including
without limitation, the Anti-Bribery and Anti-
Corruption Policy, the Incentive Compensation
Clawback Policy, the Code of Business Conduct
and Ethics, the Disclosure Policy, the Diversity
Policy, the Securities Trading Policy and the
Supplier Code of Conduct for recommendation
to, and approval by, the Board.

For a complete listing of the Company's policies
please see the Company's website.
Corporate Governance
Report whether such evaluation is independent or not, as well as its frequency Not Independent Annually
As per the committee charters, each committee
provides an annual assessment report to the
Board of its oversight effectiveness.
Describe actions taken in response to the evaluations, including changes to the composition of the highest governance body and organizational practices Under the leadership of the Chair of the
Corporate Governance and Nominating
Committee, the Board annually reviews the
performance of the Board and its committees
against their respective charters and mandates,
and discloses this process in public filings, as
appropriate. The Board also annually evaluates
the performance of each director, and the
performance of the Chair. The Board is also
responsible for managing its affairs, which
includes reviewing the skills and experience
represented on the Board in light of the
Company's strategic direction.
Transparency
Describe the role of the highest governance body and of senior executives in developing, approving and updating the organization’s purpose, value or mission statements, strategies, policies and goals related to sustainable development The Board is responsible for approving and
monitoring compliance with all significant
policies and procedures under which the
Company operates and for approving policies
and procedures designed to ensure that the
Company operates at all times within
applicable laws and regulations and with the
highest ethical and moral standards.
Detailed reviews of corporate risks and
opportunities, as well as current and potential
sustainability impacts, inform strategic
decisions and allocation of capital. Policies and
budgets are revised and approved by the Board
annually.

Board Mandate
Describe the role of the highest governance body in overseeing the organization’s due diligence and other processes to identify and manage the organization’s impacts on the economy, environment and people The Board is responsible for identifying the
principal risks to the Company's business and
ensuring that appropriate systems are in place
to effectively monitor and manage those risks
with a view to the long-term viability of the
Company and to achieving an appropriate
balance between the risks incurred and the
potential return to the Company's
shareholders.

This includes responsibility for conducting
periodic reviews of human, technological, and
capital resources required to implement the
Company’s objectives and the regulatory,
cultural, or governmental constraints on the
business.
Describe whether and how the highest governance body engages with stakeholders to support these processes In adherence to the Company's Disclosure
Policy, the Board is responsible for ensuring
that the Company has effective processes for
communicating with shareholders, employees,
financial analysts, governments and regulators,
the media, and the communities in which the
Company does business. Board members
conduct due diligence trips at least once per
year, during which they meet with local
Mexican officials, community representatives,
employees and contractors. Board members
also attend investor conferences and receive
reports on investor sentiment and capital
markets valuations.
Describe how the highest governance body considers the outcomes of these processes Information from stakeholder engagements is
reviewed by the Board during scheduled
meetings. It informs adjustments to policies or
approval of budget allocations, as well as
changes to the leadership team if appropriate.
Ethics
Ethics and Integrity
Describe how individuals can seek advice on implementing the organization’s policies and practices for responsible business conduct All employees, senior management and board
members are required to review and sign all
corporate policies annually. For Llamarada
employees, specially designed training program
on policy implementation has been designed in
Spanish. All employees are encouraged to seek
further guidance from their direct supervisors
or human resource leaders for any unclear or
special circumstances.
Describe the mechanisms for individuals to raise concerns about the organization’s business conduct In addition to shareholder meetings, where
shareholders can raise concerns, SilverCrest
offers stakeholders access to the Company's
Whistleblower hotline and the Grievance
Mechanism regarding the Company's business
conduct. These mechanisms allow individuals to
raise concerns anonymously if desired.
Compliance with laws and regulations
Report the total number of significant instances of non-compliance with laws and regulations that occurred during the reporting period and a breakdown of this total by 0
Number of instances for which fines were incurred 0
Number of instances for which non-monetary sanctions were incurred 0
Report the total number of fines for instances of non-compliance with laws and regulations that were paid during the reporting period 0
Report the monetary value of fines for instances of noncompliance with laws and regulations that were paid during the reporting period ($) 0
Total number of fines paid for instances of non-compliance with laws and regulations that occurred in the current reporting period 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in the current reporting period ($) 0
Total number of fines paid for instances of non-compliance with laws and regulations that occurred in previous reporting periods 0
Total monetary value of fines for instances of non-compliance with laws and regulations that occurred in previous reporting periods ($Million) 0
Describe the significant instances of non-compliance There are no significant instances of non-
compliance in this reporting period.
Describe how it has determined significant instances of non-compliance There are no significant instances of non-
compliance in this reporting period.
Describe the management system and due diligence procedures for assessing and managing corruption and bribery risks internally and associated with business partners in its value chain SilverCrest is committed to a culture of respect,
honesty, integrity, and accountability. The
Company requires the highest standards of
professional and ethical conduct from its
employees, officers, and directors. The Board
adopted a code of business conduct and ethics
(“Code”), which applies to the entire workforce
of SilverCrest including employees, officers,
and the Board of Directors, at all times and
everywhere the Company does business.
Employees, officers, and the Board of Directors
are required to be familiar with and adhere to
this Code. This Code has been adopted
pursuant to U.S. and Canadian securities laws
and stock exchange rules, including Item 406 of
Regulation S-K and Section 807 of the NYSE
American LLC Company Guide.  SilverCrest's
Board of Directors also has an Anti-Bribery and
Anti-Corruption Policy that applies to all of the
Company’s employees, officers, directors,
agents, consultants, contractors, and other
representatives (Company Personnel). All
Company Personnel, in discharging their duties
on the Company’s behalf, are required to
comply with all applicable Anti-Bribery Laws
and in particular to comply with this Policy.  The
policy provides guidance on “red flags” or
potential transactions that may present some
degree of corruption risk. Company Personnel
that uncover red flags are expected to ask
questions, and if commercially reasonable
explanations are not provided, they must take
appropriate steps to consider ending the
relationship with the relevant third party. Any
reports of solicitation to engage in prohibited
acts or possible violations of this Policy are
reported to the CEO and the Chair of the Audit
Committee for investigation. The Company's
Supplier Code of Conduct explicitly requires
suppliers to comply with SilverCrest’s Anti-
Bribery and Anti-Corruption Policy and
applicable Mexican laws regarding anti-
corruption practices in their business dealings
with Federal, State, and Municipal government
officials. The Company's Anti-Bribery and Anti-
Corruption Policy is contractually binding.
Code of Business Conduct and Ethics

Anti-Bribery and Anti-Corruption Policy

Supplier Code of Conduct
Report net production from activities located in the countries with the 20 lowest rankings in Transparency International’s Corruption Perception Index (CPI) (saleable tonnes, bbls, oz, lb, etc.) 0
Not applicable. SilverCrest does not conduct
operations in countries with low rankings in
Transparency International’s Corruption
Perception Index.
Anti-Corruption
Corruption Risks to Operations
Total number of operations assessed for corruption risks 1
Percentage of operations assessed for corruption risks 100.0000%
Has the company identified any significant corruption risks Yes
Report significant risk 1 The Las Chispas operation is located in the
jurisdiction of Sonora, Mexico. The State of
Sonora has an elevated risk for criminal
activities. The Las Chispas operation located in
Arizpe, Sonora, however, is an area with low
levels of conflict according to the Uppsala
Conflict Data Program. Despite the low levels
of conflict in the area, SilverCrest has taken
measures to train its personnel to identify
potential corruption risks derived from the
presence of organized crime in the area.  
Confirmed Incidents and Response
Total number and nature of confirmed incidents of corruption 0
Total number of Bribery cases 0
Total number of Lobbying cases 0
Total number of Extortion cases 0
Total number of Cronyism cases 0
Total number of Nepotism cases 0
Total number of Parochialism cases 0
Total number of Patronage cases 0
Total number of Influence peddling cases 0
Total number of Graft cases 0
Total number of Embezzlement cases 0
Total number of confirmed incidents in which employees were dismissed or disciplined for corruption 0
Total number of contracts terminated or not renewed with business partners due to corruption related violations 0
Number of public legal cases brought against the organization or its employees during the reporting period related to corruption and the outcomes of such cases 0
Provide details, if there were such public legal cases brought against the organization or its employees during the reporting period related to corruption and the outcomes of such cases There were no cases brought against the
Company or its employees related to
corruption during the reporting period.
Communication and Training
Total number of governance body members that the organization's anti-corruption policies and procedures have been communicated to 7
During the onboarding process and on an
annual basis, SilverCrest's Board of Directors
review and acknowledge the Company's Code
of Business Conduct and Ethics and Anti-
Bribery and Anti-Corruption Policy.
Total percentage of governance body members that have been communicated to on anti-corruption 100.0000%
Anti-corruption policies and procedures communication to direct employees by type:
Total number of the direct employees that have been communicated to on anti-corruption 322
During the onboarding process and on an
annual basis, SilverCrest's employees review
and acknowledge the Company's Code of
Business Conduct and Ethics and Anti-Bribery
and Anti-Corruption Policy.
Total percentage of the direct employees that have been communicated to on anti-corruption 100.0000%
Total number of governance body members that have received training on anti-corruption 0
During the onboarding process and on an
annual basis, SilverCrest's governance body
members (e.g. Board of Directors) review and
acknowledge the Company's Code of Business
Conduct and Ethics and Anti-Bribery and Anti-
Corruption Policy.

Anti-Bribery and Anti-Corruption Policy

Code of Business Conduct and Ethics
Total percentage of governance body members that have received training on anti-corruption, broken down by region 0.0000%
Total number and percentage of direct employees that has received training on anti-corruption, broken down by employee category and region
Total number of direct employees that received training on anti-corruption 39
During 2023, anti-fraud, and anti-corruption
training was delivered to the Mexico Finance
team and Management. A total of 39
employees attended the session.
Total percentage of direct employees that received training on anti-corruption 12.1118%
Risk Management
Describe the role of the highest governance body in reviewing the effectiveness of the organization’s processes to manage and identify impacts on economy, environment and people, and report the frequency of this review The Safety, Environmental and Social
Sustainability Committee reports to the Board
at least biannually on the Company's
compliance with related corporate policies, any
risks and opportunities identified and relevant
current developments.
Highest Review Position
Report whether the highest governance body is responsible for reviewing and approving the reported information, including the organization’s material topics, and if so, describe the process for reviewing and approving the information Yes. The Company's Board of Directors is
responsible for reviewing and formally
approving the reported information, including
the organization's material topics.  
If the highest governance body is not responsible for reviewing and approving the reported information, including the organization’s material topics, explain the reason for this Not Applicable.
Communication of critical concerns
Describe whether and how critical concerns are communicated to the highest governance body SilverCrest's grievance mechanism is a formal
process for receiving, registering, investigating,
and responding to questions, concerns,
suggestions, or grievances from stakeholders. It
is based on the International Council on Mining
& Metals’ (ICMM) good practices for effective
grievance management. Grievances are
reported to delegated members of the
Board.  Any concerns over accounting, internal
controls, auditing, or other financial, securities,
or compliance matters can be reported directly
to the Audit Committee Chair and/or to the
Company's legal counsel.  Please refer to the
Company's Grievance Mechanism and
Whistleblower Policy for more information.
Grievance Mechanism

Whistleblower Policy
Report the number of critical concerns that were communicated to the highest governance body during the reporting period 0
Report the nature of critical concerns that were communicated to the highest governance body during the reporting period Not applicable for the reporting period as there
were no critical concerns reported.
Remuneration
Report which of the following remuneration policies apply to the highest governance body and senior executives:
Fixed pay Yes
Fixed pay applied to both the Company's
independent Board members and senior
executives.
Variable pay Yes
Variable pay applied to the Company's senior
executives.
Performance-based pay Yes
Performance-based pay applied to the
Company's senior executives.
Equity-based pay Yes
Equity-based pay applied to the Company's
senior executives.
Bonuses Yes
Bonuses applied to the Company's senior
executives.
Deferred and vested shares Yes
Deferred share units applied to the Company's
independent Board members.
Sign-on bonuses No
Sign-on bonuses were not awarded in 2023.
Recruitment incentive payments No
Recruitment incentive payments were not
awarded in 2023.
Termination payments Yes
Termination payments policy applied to the
Company's senior executives.
Clawbacks Yes
The Company's Clawback Policy applied to the
Company's senior executives.
Retirement benefits, including the difference between benefit schemes and contribution rates for the highest governance body, senior executives and all other employees No
Retirement benefits were not awarded in 2023.
Describe how the remuneration policies for members of the highest governance body and senior executives relate to their objectives and performance in relation to the management of the organization’s impacts on the economy, environment and people SilverCrest's Compensation Committee is
composed of independent members of the
Board responsible for considering the
corporate and personal goals and objectives
relevant to compensation for all Executive
Officers, evaluating the performance and
compensation of each Executive Officer at least
annually in light of those corporate and
personal goals and objectives, and making
recommendations to the Board with respect to
the level of compensation for the Executive
Officers based on this evaluation. These include
performance on the management of the
organization's economy, environment and
people.
Describe the process for designing its remuneration policies and for determining remuneration SilverCrest uses an executive compensation
firm specializing in the mining industry to make
recommendations to the Compensation
Committee regarding compensation, benefits,
and performance targets for executive officers
and directors. In addition, third party
compensation reports are consulted and
considered in the annual reviews. Operational
and sustainability key performance indicators
are reviewed/assessed and updated annually.
For further details on these key performance
indicators, please see the Company's
Information Circular at the link below.

Information Circular
Are independent members of the highest governance body or an independent remuneration committee overseeing the remuneration process Yes
How the views of stakeholders (including shareholders) regarding remuneration are sought and taken into consideration Executives and members of the Board
participate with Human Resources and outside
advisors in peer and external source
benchmarking and discussion about pay
recommendations. The Company has also
introduced a non-binding Say-on-Pay vote for
soliciting shareholder approval of its
remuneration approach.
Describe whether remuneration consultants are involved in determining remuneration and, if so, whether they are independent of the organization, its highest governance body and senior executives Independent Consultants
Report the results of votes of stakeholders (including shareholders) on remuneration policies and proposals, if applicable Say on pay described in the management
information circular of the Company dated
April 28, 2023, with tabulation of proxy votes
resulting in 66,327,407 (98.00%) voting in
favour.
Stakeholder Engagement
Provide a list of stakeholder groups engaged by the organization
   •  Permanent or Full-time Employees
   •  Investors
   •  Financial Institution
   •  Local communities
   •  Customers
   •  Local government bodies
   •  National government bodies
   •  Regulatory authorities
   •  Suppliers and contractors
   •  Consultants (professional services)
Report the basis for identifying and selecting stakeholders with whom to engage Stakeholders are individuals or organizations
that benefit from or are affected by the
Company's operations, products and market
value.
Report the purpose of the stakeholder engagement Stakeholders are regularly consulted to provide
input and feedback on how the Company
affects them.
Report the organization’s approach to stakeholder engagement, including frequency of engagement by type SilverCrest regularly consults with employees,
local interest groups, communities, contractors,
suppliers and customers. The Company has
regular communication with them through
representatives of different departments of the
company (HR, Community Relations,
Purchasing, Environment, and Others). The
Company has monthly communication with the
local government through the Community
Relations Department. The Company is also in
regular contact with the federal government
and regulatory authorities such as The National
Water Commission (CONAGUA), The Ministry
of National Resources and Environment
(SEMARNAT), the Secretary of National
Defense (SEDENA) and the Secretary of Labour
(STPS). There is constant communication
throughout the year with these agencies,
ensuring the Company meets the requirements
of the permits acquired and social license. The
Company's Environmental departments, Health
and Safety, and Human Resources deliver
monthly, quarterly, semi-annual, or annual
information to the Community Relations
departments and interested stakeholders.
Anti-Competitive Behaviour
Legal Actions
Total number of legal actions pending or completed during the reporting period regarding anti-competitive behaviour and violations of anti-trust and monopoly legislation in which the organization has been identified as a participant: 0
Number of legal actions pending during the reporting period regarding anti-competitive behaviour 0
Number of legal actions completed during the reporting period regarding anti-trust behaviour 0
Main outcomes of completed legal actions, including any decisions or judgments SilverCrest has not been the subject of any
legal action for anti-competitive conduct or for
violations of antitrust or monopoly laws.
Tax
Provide a description of the approach to tax The Company has no formalized tax strategy.
Management works with external tax advisors
to ensure that the Company is in compliance
with existing tax regulations and changes in all
jurisdictions and to discuss tax risk and
opportunity scenarios for current and future
years.
Does the organization have a tax strategy No
The approach to regulatory compliance SilverCrest remits all tax filings to the
respective government bodies in Canada and
Mexico and responds to subsequent inquiries
or requests within the established timelines.
SilverCrest liaises with its third party tax
advisors where necessary to ensure compliance
and accuracy of its filings.
Provide a description of the tax governance and control framework The Audit Committee is to assist the Board of
Directors in fulfilling its financial oversight
responsibilities by reviewing the financial
reports and other financial information
provided by the Company to regulatory
authorities and shareholders, the Company’s
systems of internal controls regarding finance
and accounting and the Company’s auditing,
accounting and financial reporting processes.
The governance body or executive-level position within the organization accountable for compliance with the tax strategy SilverCrest's Chief Financial Officer is
accountable for compliance with the
Company's tax strategy.
Provide a description of the mechanisms for reporting concerns about unethical or unlawful behaviour and the organization’s integrity in relation to tax SilverCrest offers stakeholders access to the
Company's Whistleblower hotline and the
Grievance Mechanism regarding the
Company's business conduct. These
mechanisms allow individuals to raise concerns
anonymously if desired.
Whistleblower and Grievance Mechanism
Describe the approach to stakeholder engagement and management of stakeholder concerns related to tax The Company is subject to Canadian and
Mexican tax codes. The CFO provides quarterly
reports to the Audit Committee on tax
remittances and communications with the tax
authorities, if relevant.
The approach to engagement with tax authorities SilverCrest remits all tax filings to the
respective government bodies in Canada and
Mexico and responds to subsequent inquiries
or requests within the established timelines.
SilverCrest liaises with its third party tax
advisors where necessary to ensure compliance
and accuracy of its filings.
The approach to public policy advocacy on tax SilverCrest does not directly engage in public
policy advocacy on taxes.
The processes for collecting and considering the views and concerns of stakeholders, including external stakeholders SilverCrest consults with its third party tax
advisors in Canada and Mexico annually, and
more frequently if required, on changes and
developments on views and concerns of
stakeholders.
Country-by-Country Reporting
Report all tax jurisdictions where the entities included are resident for tax purposes, in the organization’s audited consolidated financial statements, or in the financial information filed on public record Mexico and Canada are the tax jurisdictions in
which SilverCrest and its subsidiaries are
resident for tax purposes.
For each tax jurisdiction report the following:
Names of the resident entities Canada: SilverCrest Metals Inc. and NorCrest
Metals Inc.

Mexico: Compañía Minera La Llamarada, S.A.
de C.V; Tinto Roca Exploración, S.A. de C.V.

The Company has other Mexico subsidiaries
that are not considered material.
Primary activities of the organization Gold and silver ore mining
The basis of calculation of number of employees Head count at the end of the time period
Revenues from third-party sales (currency, Thousands) 245,130
Report the time period for the financial information reported above:
From 2023-01-01
To 2023-12-31
Public Policy
Political Contributions
Total monetary value of financial and in-kind political contributions made directly and indirectly by the organization by country and recipient/beneficiary ($ Millions) 0
Total direct financial contribution (currency, Thousands) 0
Total indirect financial contribution (currency, Thousands) 0
Total direct in-kind contribution (currency, Thousands) 0
Total indirect in-kind contribution (currency, Thousands) 0
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