1. Name and Address of Company: Azarga Metals Corp. (“Azarga Metals” or the “Company”)

MATERIAL CHANGE REPORT

1. Name and Address of Company:

Azarga Metals Corp. (“Azarga Metals” or the “Company”)

Unit 1 – 15782 Marine Drive

White Rock, British Columbia

V4B 1E6

PHONE: (604) 536-2711

2. Date of Material Change

January 25, 2022

3. Press Release

Issued January 25 , 2022, distributed through Accesswire to the TSX Venture Exchange, being the only

exchange upon which the shares of the Company are traded, and through various other approved public

media.

4. Summary of Material Change(s):

Azarga Metals announced that Trevor Steel has resigned as a director, effective immediately.

5. Full Description of Material Change

Azarga Metals announced that Trevor Steel has resigned as a director, effective immediately . The Board

wishes to thank Mr. Steel for his many valuable contributions to the Company during his tenure as a director

and wishes him well in the future.

6. Reliance on subsection 7.1(2) or (3) of National Instrument 51- 102

Not Applicable

7. Omitted Information

Not Applicable

8. Executive Officer

The following senior officer of the Company is knowledgeable about the material change and may be

contacted by the Commission at the following address and telephone number:

Doris Meyer, Corporate Secretary

Unit 1- 15782 Marine Drive

White Rock, British Columbia

V4B 1E6

PHONE: (604) 536-2711

9. Date of Report

DATED at White Rock, British Columbia this 26th day of January 2022.

“Doris Meyer”

Doris Meyer, Corporate Secretary