Our Strategy & Approach

We understand that water is a finite resource and, therefore, are dedicated to its careful stewardship through the seamless integration of water management into our mine operation and closure plans. Our approach is to optimize water use while
safeguarding the availability and quality of local water resources, ensuring the well-being of the communities surrounding our sites. Each of our mines is tasked with developing and implementing procedures and programs that align with our corporate policies and initiatives on water use, particularly our Corporate Water Management
Standard. In accordance with this Standard, we adopt a holistic, catchment-wide approach to managing water usage and support access to clean, reliable water for nearby communities. Through our Corporate Social team, we actively engage
with Communities of Interest (COIs) within our catchment areas to hear their perspectives on water, better understand potential operational impacts, and look for opportunities to enhance access to water whenever possible.

Learn more about our water management practices in our Management Approach where you will find details on our policies, standards, programs, monitoring practices, and accountability measures.

https://panamericansilver.com/wp-content/uploads/2025/05/PAS_Management-Approach-Water-Stewardship.pdf

2026 Goals

https://panamericansilver.com/sustainability/our-approach-and-performance/goals-performance/

⁽¹⁾ The 2025 base case is our projected 2025 water use, as calculated using our life-of-mine plans adjusted for annual production guidance.