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Alamos Gold Helps to Create Inaugural Research Chair to Better Detect and Treat Gastrointestinal Cancers

Corporate Updates

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

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 Helps to Create Inaugural Research Chair to Better Detect and

Treat Gastrointestinal Cancers

Toronto, Ontario (September 20, 2024) – Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos”

or the “Company”) is proud to announce a significant contribution to The Princess Margaret

Cancer Foundation to create the new Alamos Gold Chair in Gastrointestinal Surgical Oncology.

The Company’s $2 million contribution over ten years will support the new Chair in making a

meaningful impact on cancer research aimed at better understanding, diagnosing, and treating

gastrointestinal cancers.

Last month, Dr. Catherine O’Brien was named the inaugural Alamos Gold Chair in

Gastrointestinal Surgical Oncology by Princess Margaret Cancer Centre at University Health

Network, University of Toronto. The appointment is for an initial five-year term, effective August

1, 2024.

"This funding represents a significant step forward in the research of gastrointestinal cancers,"

said President & CEO John McCluskey. "By supporting advanced research, the new Chair will

aim to improve early detection, develop more effective treatments, a nd ultimately save lives.

This investment will enable researchers to explore new avenues and make breakthroughs that

can transform the outlook for those affected by these cancers."

Gastrointestinal cancers encompass a variety of cancers affecting the digestive system.

Specifically, this funding will focus on cancers of the stomach, liver, pancreas, colorectal region,

esophagus, and small intestine. These cancers collectively pose a significant health challenge,

accounting for a substantial proportion of cancer diagnoses in Canada.

According to recent statistics, gastrointestinal cancers are diagnosed in over 30,000 Canadians

each year. Colorectal cancer alone accounts for approximately 26,000 of these cases, making

it one of the most commonly diagnosed cancers in the country. Pancre atic cancer, known for

its aggressive nature and low survival rates, affects about 6,000 Canadians annually. Stomach,

liver, and esophageal cancers also contribute to the overall burden, with thousands of new

cases diagnosed each year.

The research initiatives supported by this funding will include clinical trials, biomarker discovery,

and studies into the genetic and environmental factors contributing to gastrointestinal cancers.

"We applaud Princess Marg aret Cancer Centre for making a meaningful impact to reduce the

impact of cancer here in Canada and internationally. This new Research Chair can advance the

understanding of gastrointestinal cancers and bring hope to patients and their families,” added

McCluskey.

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

About Alamos

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

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

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

Company has a strong portfolio of growth projects, including the Phase 3+ Expansion at Island

Gold, 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”.

About The Princess Margaret Cancer Foundation

The Princess Margaret Cancer Foundation is Canada’s largest and leading cancer charity,

dedicated to raising funds for Princess Margaret Cancer Centre, one of the world's top 5 cancer

research centres known for its game-changing scientific achievements and exceptional patient

treatment and care. Through philanthropy, events, our world-leading home lottery program, and

commercialization initiatives, we make possible the critical funding required to accelerate cancer

research, education, and clinical care -- benefitting patients at Princess Margaret Cancer

Centre, throughout Canada and the world. www.thepmcf.ca

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]

Kenzie Broddy

Director, Communications

The Princess Margaret Cancer Foundation

437.215.6961

[email protected]

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

release.