Avino Silver & Gold Mines Ltd. Announces Plan to Repurchase Up to 5% of Outstanding Shares Through NCIB

Avino Silver & Gold Mines Ltd. has announced the implementation of a Normal Course Issuer Bid (NCIB) for its common shares. The company disclosed that it intends to purchase up to 5% of its issued and outstanding common shares over the course of the program, subject to regulatory approval. The NCIB will allow Avino to buy back shares on the open market through the facilities of the Toronto Stock Exchange or other Canadian trading systems.

The company stated that the decision reflects its belief that repurchasing shares at current price levels represents an appropriate use of funds and aligns with its broader capital allocation strategy. Under the terms of the NCIB, purchases may commence following regulatory clearance and will continue for a period not exceeding one year unless terminated earlier by Avino. All shares acquired under this program will be canceled upon purchase, reducing the total number of outstanding shares in circulation.

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Date: April 6, 2026

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