Company

Orvana is an Ontario registered company and its common shares (“Common Shares”) are listed on the Toronto Stock Exchange (TSX) under the symbol ORV. Orvana’s properties consist of:

(i) El Valle Boinás and Carlés mines and the El Valle processing plant (collectively, “El Valle”), located in Asturias, Northern Spain. El Valle is held and managed by its subsidiary Orovalle Minerals, S.L. (“Orovalle”), that, in addition to El Valle, owns certain mineral rights located in the region of Asturias;

(ii) Don Mario Operation (“Don Mario”), located in San Jose de Chiquitos, Southeastern Bolivia, held and managed by the Company’s subsidiary Empresa Minera Paitití, S.A. (“EMIPA”); and

(iii) Taguas Property (“Taguas”), located on the eastern flank of the Andes Mountain range in the Province of San Juan in northern Argentina. Taguas is held and managed by the Company’s subsidiary Orvana Argentina, S.A. (“Orvana Argentina”).

As of February 2026 the Company maintains 100% voting rights and is entitled to appoint 100% of the board members of the three subsidiaries (Orovalle, EMIPA, Orvana Argentina) managing the three properties.