Impact Silver Corp.TSXV: IPT

ESTMA Report Fiscal 2025

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UNCLASSIFIED - NON CLASSIFIÉ#

Extractive Sector Transparency Measures Act - Annual Report



Reporting Entities May Insert Their Brand/Logo here

Reporting Entity Name

IMPACT Silver Corp.

Reporting Year

From

1/1/2025

To:

12/31/2025

Date submitted

5/6/2025

Reporting Entity ESTMA Identification Number

E773646



Original Submission Amended Report

Other Subsidiaries Included

(optional field)

Not Consolidated

Not Substituted

Attestation by Reporting Entity

In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.

Full Name of Director or Officer of Reporting Entity

Frederick W. Davidson

Date

5/5/2025

Position Title

President & CEO

UNCLASSIFIED - NON CLASSIFIÉ

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2025

To:

12/31/2025

Reporting Entity Name

IMPACT Silver Corp.

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E773646

Subsidiary Reporting Entities (if

necessary)

Payments by Payee

Country

Payee Name1

Departments, Agency, etc… within Payee that Received Payments2

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid to Payee

Notes34

Mexico

Government of Mexico

Mexican Social Security Institute

2,960,000

2,960,000

Mexico

Government of Mexico

Secretary of Economy

780,000

780,000

Mexico

Government of Mexico

Secretary of Finance

380,000

380,000

Additional Notes:

Payments made in Mexcian Pesos (MXN) have been converted to Canadian dollars (CAD) using a weighted average of the exchange rate for the period of MXN to CAD 0.07284. Source: Bank of Canada All numbers have been rounded to the nearest C$10,000.

UNCLASSIFIED - NON CLASSIFIÉ#

Extractive Sector Transparency Measures Act - Annual Report

Reporting Year

From:

1/1/2025

To:

12/31/2025

Reporting Entity Name

IMPACT Silver Corp.

Currency of the Report

CAD

Reporting Entity ESTMA

Identification Number

E773646

Subsidiary Reporting Entities

(if necessary)

Payments by Project

Country

Project Name1

Taxes

Royalties

Fees

Production Entitlements

Bonuses

Dividends

Infrastructure Improvement Payments

Total Amount paid by Project

Notes23

Mexico

Zacualpan

1,990,000

580,000

2,570,000

Mexico

Plomosas

1,330,000

100,000

1,430,000

Mexico

Mamatla

20,000

100,000

120,000

Additional Notes3:

Payments made in Mexcian Pesos (MXN) have been converted to Canadian dollars (CAD) using a weighted average of the exchange rate for the period of MXN to CAD 0.07284. Source: Bank of Canada All numbers have been rounded to the nearest C$10,000.

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