VANCOUVER, May 7, 2020 /CNW/ - Pan American Silver Corp. (NASDAQ: PAAS) (TSX: PAAS) (the "Company") reported the voting results from its annual general and special meeting of shareholders held May 6, 2020 in Vancouver, British Columbia (the "Meeting"). Each of the matters voted upon at the Meeting is described in detail in the Company's Management Information Circular dated March 12, 2020, which is available on the Company's website at panamericansilver.com.

A total of 142,086,711 common shares were represented at the meeting, being 67.66% of the Company's issued and outstanding common shares. Shareholders voted in favour of all matters brought before the meeting, including the appointment of auditors for the ensuing year and the authorization of the directors to fix the auditor's remuneration, the acceptance of the Company's approach to executive compensation, known as "say-on-pay", and the election of management's nominees as directors.

Election of Directors

Director Nominee
Votes For
Votes Withheld

Ross J. Beaty
104,856,487 (93.68%)
7,073,853 (6.32%)

Michael L. Carroll
108,997,606 (97.38%)
2,932,734 (2.62%)

Neil de Gelder
95,344,371 (85.18%)
16,585,969 (14.82%)

Charles A. Jeannes
109,256,425 (97.61%)
2,673,915 (2.39%)

Walter T. Segsworth
103,850,064 (92.78%)
8,080,276 (7.22%)

Michael Steinmann
108,997,547 (97.38%)
2,932,793 (2.62%)

Gillian D. Winckler
110,985,071 (99.16%)
945,269 (0.84%)


Mr. C. Kevin McArthur did not stand for re-election to the Company's Board of Directors in 2020.

Say-on-Pay

Resolution
Votes For
Votes Against

Advisory resolution approving the
Company's approach to executive
compensation
104,824,297 (93.65%)
7,107,879 (6.35%)

Appointment of Auditor

Resolution
Votes For
Votes Withheld

Resolution to appoint Deloitte LLP as
auditors of the Company until its next
annual general meeting.
135,343,964 (95.26%)
6,740,907 (4.74%)

About Pan American Silver
Pan American owns and operates silver and gold mines located in Mexico, Peru, Canada, Argentina and Bolivia. We also own the Escobal mine in Guatemala that is currently not operating. As the world's second largest primary silver producer with the largest silver reserve base globally, we provide enhanced exposure to silver in addition to a diversified portfolio of gold producing assets. Pan American has a 25-year history of operating in Latin America, earning an industry-leading reputation for corporate social responsibility, operational excellence and prudent financial management. We are headquartered in Vancouver, B.C. and our shares trade on NASDAQ and the Toronto Stock Exchange under the symbol "PAAS".

Learn more at panamericansilver.com.