Independent Proxy Advisory Firms, Iss and Glass Lewis Recommend Allied GOLD Corporation’S Shareholders Vote FOR the Arrangement Resolution in Connection with the Proposed Plan of Arrangement with Zijin GOLD International
NEWS RELEASE
INDEPENDENT PROXY ADVISORY FIRMS, ISS AND GLASS LEWIS RECOMMEND ALLIED GOLD
CORPORATION’S SHAREHOLDERS VOTE FOR THE ARRANGEMENT RESOLUTION IN CONNECTION WITH
THE PROPOSED PLAN OF ARRANGEMENT WITH ZIJIN GOLD INTERNATIONAL
• Your vote is important no matter how many Allied Gold shares you own.
• The Board of Directors of Allied Gold Corporation unanimously recommends that Shareholders
vote FOR the Arrangement Resolution.
• Shareholders who have questions or need assistance with voting may contact Allied Gold’s proxy
solicitation agent, Laurel Hill Advisory Group, by calling or texting “INFO” to 1-877-452-7184 (toll
free in North America), or 1 -416-304-0211 (collect outside o f North America), or by e -mail at
TORONTO, March 19, 2026 – Allied Gold Corporation (“Allied Gold” or the “Company”) (TSX: AAUC, NYSE:
AAUC) is pleased to announce that two leading independent proxy advisory firms, Institutional
Shareholder Services Inc. ("ISS") and Glass Lewis & Co. LLC ("Glass Lewis") have each recommended that
the Company’s shareholders (the “Shareholders”) vote FOR the special resolution (the “Arrangement
Resolution”) to approve the proposed statutory plan of arrangement (the “Arrangement”) pursuant to
which Zijin Gold International Company Limited (“Zijin Gold”) will acquire all of the issued and outstanding
shares of Allied Gold at a price of C$44 per share in cash.
Board Recommendation
After careful consideration and taking into account, among other things, the recommendation of a special
committee of independent directors of Allied Gold’s board (the “Special Committee”) the Company’s
board of directors (the “Board”), after receiving legal and financial advice, has unanimously determined,
with any interested parties abstaining, t hat the Arrangement is fair and reasonable to Shareholders and
is in the best interests of Allied. Accordingly, the Board unanimously recommends that the Shareholders
vote FOR the Arrangement Resolution.
Meeting Details
Allied Gold’s special meeting of Shareholders (the “Meeting”) at which Shareholders will vote on the
Arrangement Resolution will be held on Tuesday, March 31, 2026 at 11:00 a.m. (Toronto time) at St.
Andrew’s Lounge, 27th Floor, 150 King Street West, Toronto, Ontario, M5H 1J9. Shareholders of record
as of the close of business on February 23, 2026, are entitled to receive notice of and vote at the
Meeting. Shareholders are urged to vote well in advance of the Meeting and, in any event, prior to the
proxy voting deadline of 11:00 a.m. (Toronto time) on Friday, March 27, 2026. Allied Gold’s
management information circular dated February 25, 2026 (the “Circular”) and related proxy materials
which provide additional details about the Arrangement and information about how Shareholders can
vote their shares are available under the Company’s issuer profile on SEDAR+ at www.sedarplus.ca as
well as on Allied Gold’s website at www.alliedgold.com.
Vote Your Shares Today
Your vote is important no matter how many Allied Gold shares you own.
- 2 -
Shareholder Questions and Voting Assistance
Shareholders who have questions about the information contained in the Circular or require assistance
with voting their shares may contact Laurel Hill Advisory Group, Allied Gold’s proxy solicitation agent and
Shareholder communications advisor:
Laurel Hill Advisory Group
Toll-Free: 1-877-452-7184 (for Unitholders in North America)
International: 1-416-304-0211 (for Unitholders outside North America)
Text Message: Text “INFO” to 1-416-304-0211 or 1-877-452-7184.
By Email: [email protected]
About Allied Gold
Allied Gold is a Canadian-based gold producer with a significant growth profile and mineral endowment,
operating a portfolio of three producing assets and development projects located in Côte d'Ivoire, Mali,
and Ethiopia. Led by a team of mining executives with operational and development experience and a
proven track record of creating value, Allied Gold is progressing through exploration, construction, and
operational enhancements to become a mid-tier, next-generation gold producer in Africa, and ultimately,
a leading senior global gold producer.
About Zijin Gold
Zijin Gold is one of the world’s largest gold mining companies, with operating gold mines across nine
countries. Zijin Gold is a public company listed on the Hong Kong Stock Exchange, and as of January 23,
2026, had a market capitalization of approximately US$70 billion.
For further information, please contact:
Allied Gold Corporation
Royal Bank Plaza, North Tower
200 Bay Street, Suite 2200
Toronto, Ontario M5J 2J3 Canada
Email: [email protected]
CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION AND STATEMENTS
This press release contains "forward -looking information" under applicable Canadian securities legislation. Except
for statements of historical fact relating to the Company, information contained herein constitutes forward-looking
information, including, b ut not limited to, any information in connection with the upcoming Meeting and the
completion of the Arrangement. Forward-looking statements are characterized by words such as "plan", "expect",
"target", "intend", "believe", "anticipate", "estimate" and other similar words or negative versions thereof, or
statements that certain events or conditions "may", "will", " should", "would" or "could" occur . Forward-looking
information is based on the opinions, assumptions and estimates of management considered reasonable at the date
the statements are made, and is inherently subject to a variety of risks and uncertainties an d other known and
unknown factors that could cause actual events or results to differ materially from those projected in the forward-
looking information. These factors include risks associated with Shareholders voting in favour of the Arrangement
Resolution and Allied Gold’s ability to complete the Arrangement on the timeline anticipated, or at all, including the
risk that all closing conditions to completion of the Arrangement are not satisfied or waived on a timely basis or at
all and the failure of the Arrangement to close for any other reason; the risk that a consent or authorization that may
- 3 -
be required for the Arrangement is not obtained or is obtained subject to conditions that are not anticipated; the
response of business partners and retention as a result of the pendency of the Arrangement; potential volatility in
the price of the Allied Gold shares prior to closing of the Arrangement ; and the diversion of management time on
Arrangement-related issues; the state of the financial markets; fluctuating price of gold; risks relating to the
exploration, development and operation of the Company’s mineral properties, including but not limited to unusual
and unexpected geologic conditions and equipment failures; risks relating to operating in emerging markets,
particularly Africa, including risk of government expropriation or nationalization of minin g operations; as well as
those factors discussed in the section entitled “Risk Factors” in the Company’s annual information form for the year
ended December 31, 2024, which is available at www.sedarplus.ca and Allied Gold’s most recent annual report on
Form 40-F filed with the United States Securities and Exchange Commission available at www.sec.gov.
Although the Company has attempted to identify important factors that could cause actual actions, events or results
to differ materially from those described in forward-looking information, there may be other factors that could cause
actions, events or results to not be as anticipated, estimated or intended. There can be no assurance that forward-
looking information will prove to be accurate, as actual results and future events could differ materially from those
anticipated in such statements. The Company u ndertakes no obligation to update forward -looking information if
circumstances or management's estimates, assumptions or opinions should change, except as required by applicable
law. The reader is cautioned not to place undue reliance on forward-looking information.