SUMMARY OF QUARTERLY REPORT, FIRST QUARTER 2019

SOTKAMO SILVER AB, (NGM: SOSI; NASDAQ: SOSI1), Press release May 14, 2019, Stockholm 08.45 CET FIRST QUARTER 2019 · Investments were 88 MSEK (25) · Other income was 0 MSEK (0) · Net profit was -15 MSEK (4) · Earnings per share was -0,12 SEK (0,03) · Equity was 290 MSEK (372) · Cash and cash equivalents were 33 MSEK (308) · Cash flow was -77 MSEK (138), of which investments were 88 MSEK and financing 5 MSEK · The Company invested in a mechanical BAT (Best Available Technology) water treatment plant · The concentrate production started late March and the