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Form of Proxy

DOLLY VARDEN SILVER CORP

Notes

No. Proposition For Against Abstain
1

ELECTION OF DIRECTOR: SHAWN KHUNKHUN

2

ELECTION OF DIRECTOR: JAMES SABALA

3

ELECTION OF DIRECTOR: DARREN DEVINE

4

ELECTION OF DIRECTOR: ROBERT MCLEOD

5

ELECTION OF DIRECTOR: FORRESTER (TIM) CLARK

6

ELECTION OF DIRECTOR: MICHAEL HENRICHSEN

7

APPOINTMENT OF DAVIDSON AND COMPANY LLP AS AUDITORS OF THE COMPANY FOR THE ENSUING YEAR AND AUTHORIZING THE DIRECTORS TO FIX THEIR REMUNERATION

8

RESOLVED, AS AN ORDINARY RESOLUTION, TO APPROVE THE COMPANYS OMNIBUS EQUITY INCENTIVE PLAN DATED FOR REFERENCE MAY 22, 2025, AS SET OUT IN APPENDIX D TO THE ACCOMPANYING INFORMATION CIRCULAR (THE CIRCULAR), THE FULL TEXT OF WHICH RESOLUTION IS SET OUT IN THE CIRCULAR UNDER THE HEADING PARTICULARS OF MATTERS TO BE ACTED UPON - 4 - APPROVAL OF NEW OMNIBUS EQUITY INCENTIVE PLAN - INCENTIVE PLAN RESOLUTION