CORRECTION OF PRESS RELASE: NEW NUMBER OF SHARES AND VOTES IN SOTKAMO SILVER AB

Sotkamo Silver AB (“Sotkamo Silver” or the “Company”) corrects the English and Finnish versions of the press release "New number of shares and votes in Sotkamo Silver AB" published 31 March 2023 at 08:45 CET.

The correction refers to the incorrect number of shares after the rights issue being stated in the English and Finnish versions of the press release. The correct number of shares after the rights issue is 285,758,153. The correct number of shares was stated in the Swedish press release.

For more information, please contact:

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

The information was submitted for publication, through the agency of the contact persons set out above on 5 April 2023, 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 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