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GAU.TO ·

Galiano GOLD Reports a Senior Management Change

Management Changes

(All dollar amounts are United States dollars unless otherwise stated)

GALIANO GOLD REPORTS A SENIOR MANAGEMENT CHANGE

Vancouver, British Columbia, March 23, 2022 – Galiano Gold Inc. (“ Galiano” or the “Company”) (TSX,

NYSE American: GAU) today announces that Mr. Fausto Di Trapani, Galiano’s Chief Financial Officer

(“CFO”) has informed the Company that he will be stepping down as CFO to pursue another opportunity.

Fausto will continue to serve as CFO until his departure in early May 2022 and will work during the coming

weeks to ensure an orderly transition of his responsibilities. Following Fausto’s departure the Company

intends to appoint Matt Freeman, current SVP Financ e as its new CFO , in line with the Company’s

succession plan.

"I want to thank Fausto for his contribution to Galiano over the past decade," said Matt Badylak, Galiano’s

President and Chief Executive Officer. "He has been instrumental in the financing, construction, operation

and eventual joint venturing of the Asanko Gold Mine as well as managing the Company’s finances. We

appreciate Fausto’s commitment to ensuring a smooth transition and wish him well in his new endeavor.

Matt Freeman has a detailed und erstanding of all the financial aspects of our business and we look

forward to having him as our new CFO in due course."

Enquiries:

Peter Lekich

VP Investor Relations

Toll-Free (N. America): 1-855-246-7341

Telephone: 1-778-729-0608

Email: [email protected]

About Galiano Gold Inc.

Galiano is focused on creating a sustainable business capable of long -term value creation for its

stakeholders through exploration and disciplined deployment of its financial resources. The Company

currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa which is jointly

owned with Gold Fields Ltd. The Company is strongly committed to th e highest standards for

environmental management, social responsibility, and health and safety for its employees and

neighbouring communities. For more information, please visit www.galianogold.com.