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KIB.V ·

Kiboko Announces Management and Board Changes

Management Changes

KIBOKO GOLD INC.

#201 – 1405 St Paul Street

Kelowna, British Columbia V1Y 2E4

+1 (778) 381-5949

www.kibokogold.com

All amounts are in Canadian dollars, unless otherwise stated.

Kiboko Announces Management and Board Changes

Kelowna, British Columbia (March 26, 2026) – Kiboko Gold Inc. (TSXV: KIB) (“Kiboko” or the

“Company”) announces the appointment of a new Chief Financial Officer and Corporate Secretary,

together with changes to its Board of Directors.

The Company is pleased to announce the appointment of Ms. Jody Bellefleur as Chief Financial

Officer and Corporate Secretary, effective immediately. With more than 15 years of experience with

public companies, Ms. Bellefleur brings significant expertise in financial reporting, corporate

governance, and regulatory compliance. Ms. Bellefleur also serves as Chief Financial Officer of

Zimtu Capital Corp. (“Zimtu”). As previously disclosed by Zimtu on January 26, 2026, Zimtu

beneficially owns or controls 1,875,000 common shares and 1,875,000 warrants of the Company,

representing approximately 10.92% of the Company’s issued and outstanding common shares on

an undiluted basis and 11.47% on a partially diluted basis. This appointment follows the resignation

of Bradley Boland as Chief Financial Officer and Corporate Secretary. The Company thanks Mr.

Boland for his contributions and dedicated service.

The Company also announces that Mr. Jon Morda and Dr. Olivier Féménias have each resigned

from the Board of Directors, effective immediately. The Company thanks both Mr. Morda and Dr.

Féménias for their valuable service and contributions to the Board. Dr. Féménias will continue to

serve as an officer of the Company.

The Company also announces the appointment of Mr. Matthew Gow to the Board of Directors,

subject to approval of the TSX Venture Exchange. Mr. Gow began his career as a licensed U.S.

equity trader and has more than 30 years of experience in the public markets. His background

includes capital markets advisory, investor communications, corporate positioning, and financing

strategy for publicly listed resource companies across North America, including exploration-stage

issuers in the lithium, helium, copper, and broader critical minerals sectors.

Additional information about Kiboko can be found on SEDAR+ at www.sedarplus.ca and on the

Company’s website at www.kibokogold.com.

About Kiboko Gold Inc.

Kiboko is a Canadian-based exploration company focussed on advancing its Harricana Gold

Project, located 55 km north of Val-d’Or, Québec, within the world-renowned southern Abitibi gold

belt. Kiboko’s shares trade on the TSX Venture Exchange under the symbol “KIB”.

Trading Symbol: TSXV: KIB

2 | KIBOKO GOLD INC.

For further information, please contact:

Craig Williams

Director and interim President & CEO

[email protected]

+1 (778) 381-5949 x6

Jeremy Link

Director and Chairman

[email protected]

+1 (778) 381-5949 x1

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the

TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release includes certain “forward-looking statements” which are not comprised of historical facts.

Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives

or goals, including words to the effect that the Company or management expects a stated condition, belief, estimate

or opinion, or result to occur. Forward looking statements may be identified by such terms as “believes”,

“anticipates”, “expects”, “interpreted”, “pending”, “suggests”, “preliminary”, “estimates”, “confident”, “may”, “aims”,

“targets”, “could”, “would”, “will”, or “plans” and similar expressions, or that events or conditions “will, “would”,

“may”, “can”, “could” or “should” occur, or are those statements, which, by their nature, refer to future events. Since

forward-looking statements are based on assumptions and address future events and conditions, by their very

nature, they involve inherent risks and uncertainties. Although these statements are based upon information

currently available to the Company, the Company provides no assurance that actual results will meet management’s

expectations. Risks, uncertainties, and other factors involved with forward-looking information could cause actual

events, results, performance, prospects and opportunities to differ materially from those expressed or implied by

such forward-looking information.

Forward-looking information in this news release includes, but is not limited to, statements regarding the

appointment of Matthew Gow to the Board of Directors, which remains subject to approval of the TSX Venture

Exchange, and the Company’s expectations regarding management and board transition matters. Factors that

could cause actual results to differ materially from such forward-looking information include, without limitation, the

risk that TSX Venture Exchange approval may not be obtained in the time ex pected or at all, and other risks

disclosed in the Company’s public filings on SEDAR+. Although the Company believes the assumptions and

expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on

that information, which is made as of the date of this news release. The Company disclaims any intention or

obligation to update or revise any forward-looking information, except as required by law. The Company disclaims

any intention or obligation to update or revise any forward-looking information, whether as a result of new

information, future events or otherwise, other than as required by law.