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AGI.TO ·

Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases Under Normal Course Issuer Bid

Corporate Actions

ALAMOS GOLD INC.

Brookfield Place, 181 Bay Street, Suite 3910, P.O. Box #823

Toronto, Ontario, Canada M5J 2T3

Telephone: (416) 368-9932 or 1 (866) 788-8801

All amounts are in United States dollars, unless otherwise stated.

F O R I M M E D I A T E R E L E A S E

W E B S I T E : w w w . a l a m o s g o l d . c o m T R A D I N G S Y M B O L : T S X : A G I N Y S E : A G I

Alamos Gold Declares Quarterly Dividend and Announces Share Repurchases

Under Normal Course Issuer Bid

Toronto, Ontario (May 28, 2026) – Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the

“Company”) today announced that the Company’s Board of Directors has declared a quarterly

dividend of US$0.0 4 per common share. Additionally, the Company repurchased 753,600

shares at a cost of $30.0 million, or $ 39.84 per share, under its Normal Course Issuer Bid

(“NCIB”) thus far in May 2026.

Including the upcoming dividend, the Company has returned $63.6 million to shareholders thus

far in 202 6 through dividends and share buybacks. The Company has paid dividends for 17

consecutive years during which time $510 million has been returned to shareholders through

dividends and share buybacks.

The dividend is payable on June 25, 2026 to shareholders of record as of the close of business

on June 11, 2026. This dividend qualifies as an “eligible dividend” for Canadian income tax

purposes.

Dividend Reinvestment Plan

The Company has a dividend reinvestment plan (“DRIP”) in place. This gives shareholders the

option of increasing their investment in Alamos, at a discount to the prevailing market price and

without incurring any transaction costs, by electing to receive common shares in place of cash

dividends. For shareholders that elect to participate in the DRIP, common shares will be issued

from treasury at a 1% discount to the prevailing market price.

Enrollment in the DRIP is optional. Further information on the plan, including the forms needed

to enroll are available on the Company’s website at www.alamosgold.com/investors/Dividend-

Reinvestment-Plan. In order to be eligible to participate in the June 25, 2026 dividend,

enrollment must be completed by 4:00 pm ET on the fifth business day prior to the June 11,

2026 dividend record date.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three

operations in North America. This includes the Island Gold District and Young -Davidson mine

in northern Ontario, Canada, and the Mulatos District in Sonora State, Mexico. Additionally, the

Company has a strong portfolio of growth projects including the IGD Expansion, and the Lynn

Lake project in Manitoba, Canada. Alamos employs more than 2,400 people and is committed

to the highest standards of sustainable development. The Company’s shares are traded on the

TSX and NYSE under the symbol “AGI”.

T R A D I N G S Y M B O L : T S X : A G I N Y S E : A G I

2 | ALAMOS GOLD INC

FOR FURTHER INFORMATION, PLEASE CONTACT:

Scott K. Parsons

Senior Vice President, Corporate Development & Investor Relations

(416) 368-9932 x 5439

Khalid Elhaj

Vice President, Business Development & Investor Relations

(416) 368-9932 x 5427

[email protected]

The TSX and NYSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements

Certain of the statements made and information contained herein, other than statements of historical fact and

historical information, is "forward-looking information" within the meaning of applicable Canadian and U.S. securities

laws. Forward-looking statements are generally, but not always, identified by the use of forward-looking terminology

such as "will", "may", “potential” or variations of such words that certain actions, events or results "could” "might" or

"will" occur or be achieved. Forward-looking statements in this press release include information regarding planned

dividend payments. The declaration and payment of dividends remains at the discretion of the Board of Directors

and will depend on the Company's financial results, cash requirements, f uture prospects and other factors deemed

relevant by the Board of Directors. Alamos cautions that forward -looking statements are necessarily based upon

several factors and assumptions that, while considered reasonable by the Company at the time of making s uch

statements, are inherently subject to significant business, economic, legal, political and competitive uncertainties and

contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the

forward-looking statements. The Company disclaims any intention or obligation to update or revise any forward -

looking statements whether as a result of new information, future events or otherwise, except as required by

applicable law.