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Fortuna releases 2020 Sustainability Report

Corporate Updates

Fortuna releases 2020 Sustainability Report

Vancouver, April 12, 2021: Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that

it has published its 2020 Sustainability Report which is aligned with the Global Reporting Initiative

Standards and the Sustainability Accounting Standards Board (SASB) Metals and Mining Standard. The

Sustainability Report includes an ESG for Investors section, and shares Fortuna’s sustainability

commitments for 2021 to 2025 on key environmental, social, and governance indicators according to an

updated materiality assessment. The Company has also begun to align its climate-related disclosure with

the recommendations of the Task Force on Climate-related Financial Disclosures.

Jorge A. Ganoza, President and CEO, commented, “2020 worldwide events and constraints implemented

in th e context of controlling the COVID-19 pandemic reinforced the importance of sustainable

development, good governance, risk management and strong relationships with stakeholders.” Mr.

Ganoza added, “We remain focused on sustainable silver and gold mining, while generating shared value

over the long term for our shareholders through efficient production, mitigation of impacts to the

environment, and social responsibility. ” Mr. Ganoza concluded, “ Sustainability has always been, and

continues to be, integral to our operations.”

2020 Sustainability Report highlights

✓ Zero tailings dam incidents, zero significant spills, and zero significant environmental fines

✓ A continuing trend in the reduction of freshwater withdrawals and consumption

✓ Zero work-related fatalities among employees and contractors

✓ An increase in the percentage of women employees to 20%, and an increase in the percentage of

women in management positions to 17%

✓ Zero significant disputes with local communities

✓ Zero confirmed cases of corruption, discrimination, or human rights violations

The Sustainability Report for the fiscal year 2020 is available on Fortuna’s website. We welcome questions

or feedback on our report at [email protected].

About Fortuna Silver Mines Inc.

Fortuna Silver Mines Inc. is a Canadian precious metals mining company with operations in Peru, Mexico,

and Argentina. Sustainability is integral to all our operations and relationships. We produce silver and gold

and generate shared value over the long -term for our shareholders and stakeholders through efficient

production, environmental protection, and soc ial responsibility. For more information, please visit our

website.

NYSE: FSM | TSX: FVI

www.fortunasilver.com NEWS RELEASE

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ON BEHALF OF THE BOARD

Jorge A. Ganoza

President, CEO, and Director

Fortuna Silver Mines Inc.

Trading symbols: NYSE: FSM | TSX: FVI

Investor Relations:

Carlos Baca

T (Peru): +51.1.616.6060, ext. 0

E: [email protected]