GlobeNewswire Inc | Jul 12, 2021 07:01AM EDT

July 12, 2021

TORONTO, July 12, 2021 (GLOBE NEWSWIRE) -- YAMANA GOLD INC. (TSX: YRI; NYSE: AUY; LSE:AUY) (Yamana or the Company) will announce the results of the Feasibility Study update on the Companys wholly-owned Wasamac project in the Abitibi-Tmiscamingue Region of Quebec, Canada, on Monday, July 19, 2021, after the market close. The Company will hold a separate detailed presentation conference call and webcast relating to the project development on Tuesday, July 20, 2021, from 10:00 am to 11:00 am ET. There will be time for questions from investors on the call although investors who prefer may wish tosendquestionsin writingin advance ofor duringthe call by emailinginvestor@yamana.com. Please see additional details relating to the call below.

Wasamac Feasibility Study Update Call Toll Free(North America): 1-800-806-5484Toronto Local and International: 416-340-2217Toll Free UK 00-80042228835Passcode 7570018#Webcast: www.yamana.com Conference Call Replay Toll Free(North America): 1-800-408-3053Toronto Local and International: 905-694-9451Toll Free (UK) 00-80033663052Passcode: 1176373#

The conference call replay will be available from 1:00 p.m. EDT on July 20, 2021, until 11:59 p.m. EDT on August 20, 2021.

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 416-815-02201-888-809-0925Email: investor@yamana.com

FTI Consulting (UK Public Relations)Sara Powell / Ben Brewerton+44 7931 765 223 / +44 203 727 1000

Peel Hunt LLP (Joint UK Corporate Broker)Ross Allister / David McKeown / Alexander AllenTelephone: +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