YAMANA GOLD DECLARES Second QUARTER DIVIDEND

TORONTO, April 27, 2022 ─ YAMANA GOLD INC. (TSX:YRI; NYSE:AUY; LSE:AUY) ("Yamana" or the "Company") declares a second quarter dividend of $0.03 per share (annual $0.12 per share). Shareholders of record at the close of business on June 30, 2022, will be entitled to receive payment of this dividend on July 14, 2022. The dividend is an "eligible dividend" for Canadian tax purposes.

About Yamana

Yamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development of new mines, the advancement of its exploration properties and, at times, by targeting other consolidation opportunities with a primary focus in the Americas. 

FOR FURTHER INFORMATION PLEASE CONTACT:

Investor Relations

416-815-0220

1-888-809-0925

Email: investor@yamana.com

FTI Consulting (UK Public Relations)

Sara Powell / Ben Brewerton

+44 7974 201 715 / +44 203 727 1000

Peel Hunt LLP (Joint UK Corporate Broker)

Ross Allister / David McKeown / Alexander Allen

Telephone: +44 (0) 20 7418 8900

Berenberg  (Joint UK Corporate Broker)

Matthew Armitt / Jennifer Wyllie / Detlir Elezi

Telephone: +44 (0) 20 3207 7800

Credit Suisse (Joint UK Corporate Broker)

Ben Lawrence / David Nangle

Telephone: +44 (0) 20 7888 8888

(All amounts are expressed in United States Dollars unless otherwise indicated.)