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EAU.V ·

TSX Stock Symbol EAU Engineer Gold Appoints Mr. Spiros Kletas as President, CEO and Director

Management Changes

ENGINEER GOLD MINES LTD.

1100 - 1111 MELVILLE ST

VANCOUVER, B.C. CANADA V6E 3V6

TELEPHONE: 604-669-6463

https://engineergoldmines.com

TSX Stock Symbol EAU

Engineer Gold Appoints Mr. Spiros Kletas as President, CEO and Director

March 5, 2026

Vancouver, BC, Canada – Engineer Gold Mines Ltd. (the "Company") (TSX -V: EAU) is pleased to

announce the appointment Mr. Spiros Kletas as President and CEO of the Company . Mr. Kletas will also

join the Board of Directors.

Mr. Kletas is currently a partner at Tavros Capital Partners Corp, a boutique, sector agnostic, venture

capital and advisory firm. He has been involved in the capital markets for 20 years in a variety of roles

from CEO of a public company, advisor, corporate development, investor relations and head of marketing

and finance. During his career, Mr. Kletas has helped companies across different sectors raise growth

capital in excess of $200 million. Mr. Kl etas brings a strong background of marketing and financing

experience to Engineer Gold Mines, as well as management experience. Mr. Kletas is a graduate of the

University of BC.

About Engineer Gold Mines Ltd.

The Engineer Gold Project encompasses an area of 18,319 hectares and is currently subdivided into

three areas: the Engineer Gold Mine, Tag Property and Wann River.

Recent exploration has identified a small, high -grade historical gold mineral resource at the historical

underground Engineer Mine (see Company website for NI -43101 report), a small gold -silver historical

mineral resource on the Tag Property, numerous high -grade vein and shear -hosted bulk-tonnage gold

exploration targets and a small, high- grade gold production opportunity. Both the resources are

epithermal-style systems with additional epithermal targets evident on the Projec t, including the Happy

Sullivan. Wann River constitutes an orogenic gold target associated with the prolific Llewellyn fault, and

has returned significant gold silver results including a grab sample yielding 263 g/t gold and 1350 g/t silver

in 2010 from the Lum showing, one of the many local BC Minfile showings.

For further information please contact:

ENGINEER GOLD MINES LTD.

“Andrew H. Rees”

Andrew H. Rees, Director

Tel: 604-669-6463

Cautionary Statements:

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release. The TSX Venture Exchange has not reviewed the

content of this news release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents

of this news release.