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AGI.TO ·

Alamos Gold Reports Fatality at its Young-Davidson Mine

Mine Development & Operations

Alamos Gold Reports Fatality at its Young-Davidson Mine

TORONTO, Nov. 29, 2022 -- Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) deeply regrets to

announce the death of an employee following an accident underground at the Young-Davidson mine this afternoon.

“We are shocked and deeply saddened by the loss of our colleague. Nothing is more important than the safety of our

employees. On behalf of the entire team at Alamos, we extend our deepest sympathies to his family, friends, and loved ones,”

said John A. McCluskey, President and Chief Executive Officer.

Alamos is working closely with the local authorities and will be conducting an internal investigation. All means of support are

being provided to the family and those impacted by the accident.

About Alamos

Alamos is a Canadian-based intermediate gold producer with diversified production from three operating mines in North

America. This includes the Young-Davidson and Island Gold mines in northern Ontario, Canada and the Mulatos mine 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 1,900 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”.

Investor Contact

Scott K. Parsons

Vice President, Investor Relations

(416) 368-9932 x 5439

[email protected]

Media Contact

Rebecca Thompson

Vice President, Public Affairs

(416) 368-9932 x 5448

[email protected]

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

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