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Fortuna Reports Net Income of $27.0 million in the First Quarter of 2022

(All amounts expressed in US dollars, tabular amounts in millions, unless otherwise stated)

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) ("Fortuna" or the "Company") today reported its financial and operating results for the first quarter of 2022.

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Fortuna announces the release of its fourth annual sustainability report

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to announce that it has published its fourth annual sustainability report which summarizes the Company's sustainability and ESG performance in 2021, and which has been prepared in accordance with GRI 1 and SASB 2 standards. The sustainability report includes an ESG for Investors section and shares the Company's sustainability commitments for 2022 through 2025 on key environmental, social and governance indicators. Fortuna has also aligned its climate-related disclosure in the report with the recommendations of the TCFD 3 . The sustainability report is available on the Company's website .

Jorge A. Ganoza, President and CEO of Fortuna, commented, "At Fortuna, we remain focused on the production of silver and gold while generating shared value over the long term for our stakeholders through efficient production, mitigation of impacts to the environment and social responsibility." Mr. Ganoza added, "Sustainable development, good governance, risk management and strong relationships are a top priority. We are firmly committed to continue integrating sustainability into our business strategy, organizational culture and day-to-day operations."

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Fortuna to release first quarter 2022 financial results on May 11, 2022; Conference call at 12 p.m. Eastern time on May 12, 2022

Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) announces that it will release its financial statements and MD&A for the first quarter of 2022 on Wednesday, May 11, 2022 after the market closes.

A conference call to discuss the financial and operational results will be held on Thursday, May 12, 2022 at 9:00 a.m. Pacific time | 12:00 p.m. Eastern time. Hosting the call will be Jorge A. Ganoza, President and CEO, Luis D. Ganoza, Chief Financial Officer, Cesar Velasco, Chief Operating Officer - Latin America and Paul Criddle, Chief Operating Officer - West Africa.

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