Decision on Claimant’s Second Request for Provisional Measures

Opening of the document

IN THE MATTER OF AN ARBITRATION UNDER THE NORTH AMERICAN FREE TRADE AGREEMENT AND THE ICSID CONVENTION FIRST MAJESTIC SILVER CORP. UNITED MEXICAN STATES (ICSID Case No. ARB/21/14) DECISION ON CLAIMANT’S SECOND REQUEST FOR PROVISIONAL MEASURES Members of the Tribunal Prof. Giorgio Sacerdoti, President of the Tribunal Prof. Stanimir A. Alexandrov, Arbitrator Prof. Yves Derains, Arbitrator Secretary of the Tribunal Ms. Sara Marzal Date of dispatch to the Parties: 29 January 2026 TABLE OF CONTENTS This Decision addresses the Second Request for Provisional Measures submitted on 27 November 2025 by First Majestic Silver Corp. (“First Majestic” or the “Claimant”), under NAFTA Article 1134, Article …