British Columbia Securities Commission Alberta Securities Commission Financial and Consumer Affairs Authority of Saskatchewan The Manitoba Securities Commission Ontario Securities Commission Autorité des marchés financiers

May 26, 2026

British Columbia Securities Commission

Alberta Securities Commission

Financial and Consumer Affairs Authority of Saskatchewan

The Manitoba Securities Commission

Ontario Securities Commission

Autorité des marchés financiers

Financial and Consumer Services Commission (New Brunswick)

Nova Scotia Securities Commission

Financial and Consumer Services Division, Prince Edward Island

Office of the Superintendent of Securities, Service Newfoundland and Labrador

Office of the Yukon Superintendent of Securities

Office of the Superintendent of Securities, Department of Justice Government of Northwest

Territories

Office of the Superintendent of Securities Nunavut

Re: Prospectus listing of common shares on the Stock Exchange of Hong Kong

Silvercorp Metals Inc. (the “Company”) is filing under cover of this letter a redacted copy of a

listing application (the “Listing Application”) filed with the Stock Exchange of Hong Kong Limited

(the “Hong Kong Stock Exchange”) in connection with a proposed triple primary listing

(the “Listing”) of its common shares (the “Shares”) on the Main Board of the Hong Kong Stock

Exchange an associated global offering (the “Global Offering”) of the Shares. A redacted version

of the Listing Application is also available on the website of the Hong Kong Stock Exchange

website at www.hkexnews.hk/app/appindex.html.

The Shares proposed to be issued in connection with the Global Offering have not been and will

not be qualified by a prospectus in any jurisdiction in Canada and may not be offered or sold in

Canada except pursuant to an available exemption from prospectus requirements under

applicable Canadian securities laws. The Listing Application contains new and supplemental

descriptions of certain aspects of the Company’s business and financial information as required

by the Hong Kong Stock Exchange Listing Rules and is being filed under the Company’s profile

at www.sedarplus.ca for informational purposes only.

Yours truly,

SILVERCORP METAL INC

(s) Lon Shaver

President