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IMG.TO ·

Iamgold’S Essakane MINE Continues Normal Operations Following Political Developments IN Burkina Faso

Corporate Updates

NEWS RELEASE

TSX: IMG NYSE: IAG

IAMGOLD’S ESSAKANE MINE CONTINUES NORMAL OPERATIONS

FOLLOWING POLITICAL DEVELOPMENTS IN BURKINA FASO

Toronto, Ontario, January 25, 2022 – IAMGOLD Corporation (NYSE:IAG) (TSX:IMG) (“IAMGOLD” or the

“Company”) announces that the Company is closely monitoring and assessing the evolving political situation in

Burkina Faso. The Essakane mine , which is located approximately 330 kilometres northeast of the country’s

capital, Ouagadougou, continues to operate unaffected.

The Company has confirmed that all IAMGOLD personnel are safe and associated supply chains have not been

impacted at this time. The Company has taken proactive measures to ensure the safety and security of in-country

personnel and will provide updates as appropriate.

Essakane has been in continuous production for over 10 years, since achieving commercial production in July

2010, and is a vital pillar of economic and social benefit to the communities around the mine, l ocal and national

governments.

About IAMGOLD

IAMGOLD is a mid-tier gold mining company operating in three regions globally: North America, South America

and West Africa. Within these regions the Company is developing high potential mining districts that encompass

operating mines and construction, development and exploration projects. The Company’s operating mines include

Essakane in Burkina Faso, Rosebel (including Saramacca) in Suriname and Westwood in Canada. A solid base

of strategic assets is complemented by the Côté Gold construction project in Canada, the Boto Gold development

project in Senegal, as well as greenfield and brownfield exploration projects in various countries located in the

Americas and West Africa.

IAMGOLD employs approximately 5,000 people. IAMGOLD is committed to maintaining its culture of accountable

mining through high standards of Environmental, Social and Governance practices, including its commitment to

Zero Harm®, in every aspect of its business. IAMGOLD (www.iamgold.com) is listed on the New York Stock

Exchange (NYSE:IAG) and the Toronto Stock Exchange (TSX:IMG) and is one of the companies on the JSI

index1.

1 Jantzi Social Index (“JSI”). The JSI is a socially screened market capitalization-weighted common stock index modeled on the S&P/TSX 60. It consists

of companies which pass a set of broadly based environmental, social and governance rating criteria.

IAMGOLD Contact Information

Graeme Jennings, Vice President, Investor Relations

Tel: 416 360 4743 | Mobile: 416 388 6883

Philip Rabenok, Manager, Investor Relations

Tel: 416 933 5783 | Mobile: 647 967 9942

Toll-free: 1 888 464 9999

[email protected]

Page | 2 of 2

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

All information included in this news release, other than statements of historical fact, constitutes forward-looking

information or forward-looking statements, within the meaning of applicable securities laws (collectively referred

to herein as “forward -looking statements”) and such forward -looking statements are based on exp ectations and

knowledge of the management as of the date of this news release. Forward -looking statements are provided for

the purpose of providing information about management’s current expectations and plans relating to the future.

Forward-looking statem ents are generally identifiable by, but are not limited to, the use of the words “may”,

“should”, “expect”, “anticipate”, “believe”, or “potential”, or the negative or other variations of these words or

comparable terminology. Forward -looking statements c ontained in this news release include, without limitation,

statements with respect to security matters in Burkina Faso and the effect thereof on the Company’s operations

in that country.

The Company cautions the reader that forward -looking statements are necessarily based upon a number of

estimates and assumptions that, while considered reasonable by management, are inherently subject to

significant risks, uncertainties, contingencies and other factors, which could cause actual results, performance or

achievements of the Company to be materially different from results, performance or achievements expressed or

implied by such forward-looking statements and, as such, undue reliance must not be placed on them. Such risks,

uncertainties, contingencies and other factors include, but are not limited to political, legal or economic

developments in Burkina Faso and any international response thereto; security risks, including civil unrest, war or

terrorism, and the effects thereof on the Company’s personnel and oper ations; and the inherent risks involved in

the mining industry generally. Please see the Company’s AIF or Form 40 -F available on www.sedar.com or

www.sec.gov/edgar.shtml for a comprehensive discussion of the risks faced by the Company and which may

cause a ctual results, performance or achievements of the Company to be materially different from results,

performance or achievements expressed or implied by forward-looking statements.

Although the Company has attempted to identify important factors that could c ause actual results to differ

materially from those contained in forward -looking statements, there may be other factors that cause results not

to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be

accurate, as actual results and future events could differ materially from those anticipated in such 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.

This entire news release may be accessed via fax, e-mail, IAMGOLD's website at www.iamgold.com and through Newsfile’s website

at www.newsfilecorp.com. All material information on IAMGOLD can be found at www.sedar.com or at www.sec.gov.

Si vous désirez obtenir la version française de ce communiqué, veuillez consulter le www.iamgold.com/French/accueil/default.aspx.