First Majestic (NYSE: AG) shareholders approve all 2026 AGM items, including pay

Rhea-AI Filing Summary

First Majestic Silver Corp. reported the results of its 2026 annual general meeting, where 290,164,319 common shares were represented, equal to 58.77% of shares outstanding as of the April 15, 2026 record date. Shareholders approved all items on the agenda.

The board size was set at six directors, and all six nominees were elected, with support generally above 98% except for Thomas F. Fudge, Jr., who received 69.87% of votes for. Deloitte LLP was re-appointed as auditor with 87.01% support. A non-binding say-on-pay resolution on executive compensation passed with 65.64% of votes for, and shareholders approved unallocated entitlements under the long-term incentive plan, with 97.34% of votes for.

First Majestic is a silver and gold producer with four operating underground mines in Mexico and a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine in Nevada, which it is in the process of re-starting.

Key Figures

Shares represented at AGM: 290,164,319 shares Quorum percentage: 58.77% Board size approved: 6 directors +4 more

7 metrics

Shares represented at AGM 290,164,319 shares Represented at 2026 AGM, 58.77% of shares outstanding as of April 15, 2026

Quorum percentage 58.77% Portion of issued and outstanding shares represented at 2026 AGM

Board size approved 6 directors Number of directors set for ensuing year, approved with 99.45% of votes for

Lowest director support 69.87% for Votes for director nominee Thomas F. Fudge, Jr., with 30.13% withheld

Auditor re-appointment support 87.01% for Votes for re-appointing Deloitte LLP as auditor until next AGM

Say-on-pay support 65.64% for Non-binding advisory vote on executive compensation approach at 2026 AGM

LTIP approval support 97.34% for Approval of unallocated entitlements and prior awards under long-term incentive plan

Key Terms

long-term incentive plan, say-on-pay, non-binding advisory vote, National Instrument 51-102, +1 more

5 terms

long-term incentive plan financial

"Approve the unallocated entitlements under the Company's long-term incentive plan (the "LTIP") and ratify grants of Awards"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

say-on-pay financial

"SAY-ON-PAY (non-binding advisory vote)"

A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.

non-binding advisory vote financial

"Advisory resolution to approve the Company's approach to executive compensation"

A non-binding advisory vote is a shareholder vote that expresses investors’ opinion on a proposal (such as executive pay, corporate policy, or governance practices) but does not legally force the company to act. Think of it like a customer survey: it signals whether owners approve or disapprove and can pressure boards and managers to change course, so investors watch the result as an indicator of governance risk and potential future shifts in company strategy or leadership.

National Instrument 51-102 regulatory

"Pursuant to Section 11.3 of National Instrument 51-102 Continuous Disclosure Obligations"

National Instrument 51-102 is a Canadian securities rule that requires public companies to regularly publish clear, standardized information about their finances and significant developments, such as quarterly and annual reports, management discussion and analysis, and notices of material changes. For investors it acts like a rule forcing businesses to keep their financial “windows” clear and up to date, making it easier to compare companies, spot risks, and make informed decisions.

forward-looking statements regulatory

"This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and United States securities laws"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

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Form 6-K: How Foreign Companies Report to the SEC →

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of: June 2026

Commission File Number: 001-34984

FIRST MAJESTIC SILVER CORP.
(Translation of registrant's name into English)

Suite 1800 - 925 West Georgia Street
Vancouver, British Columbia V6C 3L2
(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.

Form 20-F [   ]      Form 40-F [ X ]

DOCUMENTS FILED AS PART OF THIS FORM 6-K

Exhibit		Description
99.1		News Release dated June 10, 2026
99.2		Report of Voting Results

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

FIRST MAJESTIC SILVER CORP.

(Registrant)

/s/ Samir Patel

Samir Patel

General Counsel & Corporate Secretary

June 10, 2026

NEWS RELEASE

New York - AG	June 10, 2026
Toronto - AG
Frankfurt - FMV

First Majestic Announces Voting Results from 2026 Annual General Meeting

Vancouver, BC, Canada - First Majestic Silver Corp. (NYSE:AG) (TSX:AG) (FSE:FMV) (the "Company" or "First Majestic") is pleased to announce the voting results for its Annual General Meeting of shareholders that was held on Wednesday, June 10, 2026 in Vancouver, British Columbia (the "2026 AGM").  Each of the matters that were voted upon at the 2026 AGM are described in detail in the Company's Management Information Circular dated April 29, 2026 (the "Circular"), which is available on the Company's website at www.firstmajestic.com/investors/agm-materials/ and under the Company's profile on SEDAR+ at www.sedarplus.ca.

A total of 290,164,319 common shares ("Shares") of First Majestic were represented at the 2026 AGM, representing 58.77% of the Company's issued and outstanding Shares as at April 15, 2026, the record date for the 2026 AGM. Shareholders voted in favour of all matters brought before the 2026 AGM. The specific voting results were as follows:

NUMBER OF DIRECTORS

Resolution	Votes For	% For	Votes Against	% Against
Set the number of directors of the Company at six	288,501,016	99.45%	1,605,061	0.55%

ELECTION OF DIRECTORS

Director Nominee	Votes For	% For	Votes Withheld	% Withheld
Keith Neumeyer	205,934,817	90.43%	21,805,112	9.57%
Marjorie Co	226,698,213	99.54%	1,041,717	0.46%
Thomas F. Fudge, Jr.	159,116,119	69.87%	68,623,811	30.13%
Raymond L. Polman	226,941,896	99.65%	798,034	0.35%
Colette Rustad	225,119,902	98.85%	2,620,027	1.15%
Ayesha Hira	226,854,677	99.61%	885,254	0.39%

1

APPOINTMENT OF AUDITOR

Resolution	Votes For	% For	Votes Withheld	% Withheld
Appoint Deloitte LLP, Independent Registered Public Accounting Firm, as auditor for the Company to hold office until the next Annual General Meeting and authorize the directors to set the remuneration to be paid to the auditor	252,426,451	87.01%	37,679,627	12.99%

SAY-ON-PAY (non-binding advisory vote)

Resolution	Votes For	% For	Votes Against	% Against
Advisory resolution to approve the Company's approach to executive compensation	149,484,647	65.64%	78,255,279	34.36%

APPROVAL OF UNALLOCATED ENTITLEMENTS AWARDED UNDER LTIP

Resolution	Votes For	% For	Votes Withheld	% Withheld
Approve the unallocated entitlements under the Company's long-term incentive plan (the "LTIP") and ratify grants of Awards (as defined in the LTIP) that have been made since May 26, 2025	221,671,087	97.34%	6,068,840	2.66%

ABOUT FIRST MAJESTIC

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine located in northeastern Nevada, U.S.A., which the Company is currently in the process of re-starting.

First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.

For further information, contact info@firstmajestic.com, visit our website at www.firstmajestic.com or call our toll free number 1.866.529.2807.

FIRST MAJESTIC SILVER CORP.

"signed"

Keith Neumeyer, CEO

2

Cautionary Note Regarding Forward Looking Statements

This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and United States securities laws (collectively, "forward‐looking statements").  Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.  Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.  Factors that could cause actual results to differ materially from those anticipated in these forward-looking statements are discussed in the section entitled "Risk Factors" in the Company's most recent Annual Information Form for the year ended December 31, 2025 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca, and in the Company's Annual Report on Form 40-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.  Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.  Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims, other than as required by law, any obligation to update any forward-looking statements whether as a result of new information, results, future events, circumstances, or if management's estimates or opinions should change, or otherwise.

3

FIRST MAJESTIC SILVER CORP.
(the "Company")

Report of Voting Results Pursuant to Section 11.3 of

National Instrument 51-102 Continuous Disclosure Obligations ("NI 51-102")

Following the annual general meeting of the Company's shareholders held on June 10, 2026 in Vancouver, British Columbia (the "Meeting"), and in accordance with section 11.3 of NI 51-102, we hereby advise you of the following voting results as tabulated.

Item 1 Number of Directors

Based on the proxies received and the votes on a show of hands, the number of directors of the Company for the ensuing year was set at six (6):

Outcome of the Vote	Votes For	% For	Votes Against	% Against
Carried	288,501,016	99.45%	1,605,061	0.55%

Item 2 Election of Directors

Based on the proxies received and votes by ballot at the Meeting, the following six individuals were elected as directors of the Company until the next annual shareholders' meeting, with the following results:

Name of Nominee	Votes For	% For	Votes Withheld	% Withheld
Keith Neumeyer	205,934,817	90.43%	21,805,112	9.57%
Marjorie Co	226,698,213	99.54%	1,041,717	0.46%
Thomas F. Fudge, Jr.	159,116,119	69.87%	68,623,811	30.13%
Raymond L. Polman	226,941,896	99.65%	798,034	0.35%
Colette Rustad	225,119,902	98.85%	2,620,027	1.15%
Ayesha Hira	226,854,677	99.61%	885,254	0.39%

Item 3 Appointment of Auditor

Based on the proxies received and the votes on a show of hands, Deloitte LLP, Independent Registered Public Accounting Firm, was re-appointed as independent auditor of the Company until the Company's next annual shareholders' meeting, with the Company's directors authorized to set their remuneration:

Outcome of the Vote	Votes For	% For	Votes Withheld	% Withheld
Carried	252,426,451	87.01%	37,679,627	12.99%

Item 4 Advisory Resolution on Executive Compensation

Based on the proxies received and votes by ballot at the Meeting, a non-binding advisory resolution on the Company's approach to executive compensation was approved by a simple majority vote:

Outcome of the Vote	Votes For	% For	Votes Against	% Against
Carried	149,484,647	65.64%	78,255,279	34.36%

Item 5 Awards Granted under LTIP

Based on the proxies received and votes by ballot at the Meeting, an ordinary resolution approving the unallocated entitlements under the Company's long-term incentive plan ("LTIP") and ratifying the grant of previous Awards (as defined in the LTIP) since the Company's prior annual general meeting of shareholders, as detailed on page 21 of the management information circular that was distributed to the Company's shareholders in connection with the Meeting, was approved by a simple majority vote:

Outcome of the Vote	Votes For	% For	Votes Withheld	% Withheld
Carried	221,671,087	97.34%	6,068,840	2.66%

Dated at Vancouver, British Columbia, this 10^th day of June, 2026.

FIRST MAJESTIC SILVER CORP.

(signed) "Samir Patel"                

Samir Patel

General Counsel & Corporate Secretary

FAQ

What were the shareholder turnout and quorum at First Majestic (AG) 2026 AGM?

Shareholder turnout was strong, with 290,164,319 common shares represented at the 2026 AGM. This equaled 58.77% of First Majestic’s issued and outstanding shares as of April 15, 2026, satisfying quorum requirements for voting on all meeting items.

Were all director nominees elected at First Majestic (AG) 2026 AGM?

All six director nominees were elected for the ensuing year. Support was generally high, with most directors receiving over 98% of votes for, while Thomas F. Fudge, Jr. was elected with 69.87% for and 30.13% of votes withheld by shareholders.

How did shareholders of First Majestic (AG) vote on the say-on-pay resolution?

Shareholders approved the non-binding advisory resolution on First Majestic’s executive compensation approach. The say-on-pay vote received 149,484,647 votes for, or 65.64%, and 78,255,279 votes against, or 34.36%, indicating a simple majority in favour of the compensation program.

Which auditor did First Majestic (AG) shareholders appoint for the next year?

Shareholders re-appointed Deloitte LLP as First Majestic’s independent registered public accounting firm until the next annual meeting. The appointment received 252,426,451 votes for, representing 87.01%, while 37,679,627 votes, or 12.99%, were withheld, with directors authorized to set remuneration.

What was decided about First Majestic (AG) long-term incentive plan (LTIP) at the 2026 AGM?

Shareholders approved unallocated entitlements under First Majestic’s long-term incentive plan and ratified awards granted since May 26, 2025. The LTIP resolution passed with 221,671,087 votes for, or 97.34%, and 6,068,840 votes withheld, or 2.66%, confirming strong support for equity incentives.

What is First Majestic (AG) core business and where are its operations located?

First Majestic is a publicly traded mining company focused on silver and gold production. It operates four producing underground mines in Mexico and holds development and exploration assets, including the Jerritt Canyon Gold Mine in Nevada, which it is in the process of re-starting for future production.

Filing Exhibits & Attachments

2 documents

Press Releases

• EX-99.1 EXHIBIT 99.1 24.9 KB
• EX-99.2 EXHIBIT 99.2 22.4 KB