SOTKAMO SILVER AB: NEW CHIEF OPERATING OFFICER TO THE SILVER MINE

Press release: Stockholm, October 7, 2022 14:00 CET

Pasi Määttä, M.Sc. (eng.), has been nominated as Chief Operating Officer (COO) of Sotkamo Silver Oy. He will be responsible for the operations of the Silver Mine and belongs to the management team of the company. Since 2021 he has been working as Head of geology and mining for Sotkamo Silver. Pasi has 25 years’ experience from mining industry and different managerial positions. He will start in his new role immediately.

Stockholm, October 7, 2022

Sotkamo Silver AB

Mikko Jalasto, CEO

Contact person

Mikko Jalasto, CEO, tel. +358 50 482 1689

This information is information that Sotkamo Silver AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact persons set out above on October 7, 2022, at 14:00 CET.

The official Stock Exchange Releases are given in Swedish and there may be differences in the translated versions.

About Sotkamo Silver AB

Sotkamo Silver´s business concept is to develop mineral deposits with regards to human society and environment. The Company owns the Silver Mine in Sotkamo which started production in March 2019. In addition, the Company holds mining and exploration rights to precious and base metal deposits in Finland.

The company applies International Financial Reporting Standards (IFRS) as approved by the European Union.

The ticker symbol is SOSI on NGM Main Regulated Equity in Stockholm and SOSI1 on Nasdaq Helsinki.

ISIN-code for Sotkamo Silver shares is SE0001057910.

Legal Entity Identifier (LEI): 213800R2TQW1OZGYDX93

Read more about Sotkamo Silver on www.silver.fi

The Company's press releases, and financial reports are distributed via Cision Sverige and are available on www.silver.fi

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