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DPM.TO ·

Dundee Precious Metals Declares Dividend

Corporate Actions

Dundee Precious Metals Declares Dividend

Toronto, Ontario, July 31, 2025 – Dundee Precious Metals Inc. (TSX: DPM) (“DPM” or “the Company”)

today announced that its Board of Directors has declared a third quarter dividend of US$0.04 per common

share.

The dividend is payable on October 15, 2025, to shareholders of record as at 5:00 p.m. Toronto local time

on September 30, 2025, and qualifies as an “eligible dividend” for Canadian income tax purposes.

Shareholders may elect to receive their dividend in U.S. or Canadian dollars by contacting their broker or,

where applicable, Computershare Investor Services Inc., the Company’s registrar and transfer agent. If no

election is made, residents of Canada will be paid in Canadian dollars and non-residents of Canada will be

paid in U.S. dollars. Dividends to be paid in Canadian dollars will be converted to Canadian dollars using

the spot exchange rate on October 7, 2025.

Dividends paid to shareholders that are non -residents of Canada are generally subject to withholding tax

unless reduced in accordance with the provisions of an applicable tax treaty.

Ab o u t Dun d ee Precio u s Met als In c.

Dundee Precious Metals Inc. is a Canadian -based international gold mining company with operations and

projects located in Bulgaria, Serbia and Ecuador. Our strategic objective is to become a mid -tier precious

metals company, which is based on sustainable, responsible and efficient gold production from our portfolio,

the development of quality assets, and maintaining a strong financial position to support growth in mineral

reserves and production through disciplined strategic transactions. This strategy creates a platform for

robust growth to deliver above -average returns for our shareholders . DPM’s shares are traded on the

Toronto Stock Exchange (symbol: DPM).

For further information please contact:

Jennifer Cameron

Director, Investor Relations

Tel: (416) 219-6177

[email protected]