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This document is Avino Silver & Gold Mines Ltd.'s (ASM) Form 40-F Annual Report for the fiscal year ended December 31, 2025, filed on March 27, 2026. As a Canadian issuer using the Multijurisdictional Disclosure System (MJDS), the company files this report to comply with U.S. annual reporting requirements under Section 13 of the Securities Exchange Act of 1934, while preparing its disclosures primarily according to Canadian standards. The filing confirms the company's status, with 162,308,988 common shares outstanding, and includes required certifications affirming effective disclosure controls and internal controls over financial reporting as of year-end. Key incorporated documents are the Annual Information Form (AIF), audited financial statements prepared under IFRS, Management's Discussion & Analysis (MD&A), and a technical report for the Avino Property in Mexico. The report highlights differences between Canadian and U.S. reporting practices, particularly regarding mineral resource/reserve disclosures under NI 43-101 versus SEC Regulation S-K 1300, which may affect comparability for U.S. investors. No material changes in internal controls were reported, and the company is not an emerging growth company. The filing serves as the comprehensive annual disclosure package for shareholders and regulators.