K92 Mining Strengthens Community Affairs and External Relations Leadership with Key Appointments

Suite 488 - 1090 West Georgia Street

Vancouver, British Columbia

Canada V6E 3V7

Telephone: +1 (604) 416-4445

Facsimile: +1 (604) 608-9110

www.k92mining.com

NEWS RELEASE

K92 MINING STRENGTHENS COMMUNITY AFFAIRS AND EXTERNAL

RELATIONS LEADERSHIP WITH KEY APPOINTMENTS

Vancouver, British Columbia, August 13, 2025 - K92 Mining Inc. (“K92” or the “Company”)

(TSX: KNT; OTCQB: KNTNF) is pleased to announce the promotion of Stanley Komunt, as

Vice President – Community Affairs and External Relations, and the appointment of Felix Kipalan,

as General Manager – Community Affairs.

Mr. Komunt is an experienced community and government relations leader with over 25 years of

experience in the mining industry, specializing in corporate governance, stakeholder engagement,

and risk management. Mr. Komunt joined K92 in early 2025, most recently holding the position

of General Manager, Community Affairs and External Relations. From 2018 to 2024, he served as

Country Manager for Newcrest Mining L imited and, following its acquisition, with Newmont

Corporation in Papua New Guinea, where he played a key role in negotiations and oversaw

government, regulatory, and community relations. He previously held senior roles with Nautilus

Minerals Ltd., Morobe Minin g Joint Venture, Highlands Pacific Limited at the Kainantu Gold

Mine, and Ok Tedi Mining Ltd., managing community programs, security operations, and

corporate social responsibilit y initiatives. A member of the Australian Institute of Company

Directors, Mr. Komunt has completed advanced training in leadership, governance, and project

management through Newcrest Mining Limited and other organizations, contributing to the

success of major mining projects. Mr. Komunt also serves as a Director of the PNG Motor Vehicle

Insurance Company and previously served as Chairman of the New Ireland Provincial Health

Authority, Vice President Papua New Guinea for the Australia PNG Business Council and as a

council member of the Papua New Guinea Chamber of Resources and Energy.

Mr. Kipalan is an experienced environmental, social performance and sustainability executive with

over 20 years in the mining industry, specializing in sustainability, governance and social

performance in Papua New Guinea, Australia, and the Pacific. He brings a deep understanding of

stakeholder expectations, Indigenous Peoples agreements and sustainable development, having

served in senior roles with Lihir Gold Limited, Newcrest Mining Limited, and Newmont

Corporation, where he was most recently Regional Manager, Environment, Social Performance

and Governance. Mr. Kipalan also serves as Chair of the Papua New Guinea Chamber of

Resources and Energy Sustainability and Climate Change Committee, and is on a number of NGO

boards. He holds a Master of Science degree in Sustainability from the University of Leeds in the

United Kingdom and a Bachelor of Science degree in Earth Sciences from the University of

Waikato in New Zealand.

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John Lewins, K92 Chief Executive Officer and Director, stated, “Since joining K92 in early 2025,

Stanley has made outstanding contributions to strengthening our community affairs and external

relations function. His leadership has been instrumental in building trust, enhancing dialogue,

and delivering meaningful outcomes in our engagement with government, regulatory bodies, and

local stakeholders. We are equally delighted to welcome Felix to the team. He brings over two

decades of senior experience in sustainability, governance, and stakeholder engagement, with the

vast majority of his experience in Papua New Guinea.

These appointments significantly strengthen K92’s capability to deliver on our commitment to

responsible mining, sustainable development, and fostering long-term partnerships with our host

communities and various stakeholders. Congratulations to Stanley on his well-deserved promotion

and to Felix on his appointment — we look forward to your future contributions.”

About K92

K92 Mining Inc. is engaged in the production of gold, copper and silver at the Kainantu Gold Mine

in the Eastern Highlands province of Papua New Guinea, as well as exploration and development

of mineral deposits in the immediate vicinity of the mine. The Company declared commercial

production from Kainantu in February 2018, is in a strong financial position, and is working to

become a Tier 1 mid-tier producer through ongoing plant expansions. A maiden resource estimate

on the Blue Lake copper -gold porphyry project was completed in August 2022. K92 is operated

by a team of mining company professionals with extensive international mine -building and

operational experience.

On Behalf of the Company,

John Lewins, Chief Executive Officer and Director

For further information, please contact David Medilek, P.Eng., CFA, President and Chief

Operating Officer at +1-604-416-4445

CAUTIONARY STATEMENT REGARDING FORWARD -LOOKING INFORMATION: This news

release includes certain “forward -looking statements” under applicable Canadian securities legislation.

Such forward-looking statements include, without limitation: (i) the results of the Kainantu Mine Definitive

Feasibility Study, and the Kainantu Preliminary Economic Assessment, including the Stage 3 Expansion, a

new standalone 1.2 mtpa process plant and supporting infrastructure; (ii) statements regarding the

expansion of the mine and development of any of the deposits; (iii) the Kainantu Stage 4 Expansion,

operating two standalone process plants, larger surface infrastructure and mining throughputs; and (iv)

the potential extended life of the Kainantu Mine.

All statements in this news release that address events or developments that we expect to occur in the future

are forward-looking statements. Forward-looking statements are statements that are not historical facts

and are generally, although not always, id entified by words such as “expect”, “plan”, “anticipate”,

“project”, “target”, “potential”, “schedule”, “forecast”, “budget”, “estimate”, “intend” or “believe”

and similar expressions or their negative connotations, or that events or conditions “will”, “wo uld”,

“may”, “could”, “should” or “might” occur. All such forward -looking statements are based on the

opinions and estimates of management as of the date such statements are made. Forward -looking

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statements are necessarily based on estimates and assumptions that are inherently subject to known and

unknown risks, uncertainties and other factors, many of which are beyond our ability to control, that may

cause our actual results, level of activity, performance or achievements to be materially different from those

expressed or implied by such forward-looking information. Such factors include, without limitation, Public

Health Crises, including the COVID-19 virus; changes in the price of gold, silver, copper and other metals

in the world markets; fluctuations in the price and availability of infrastructure and energy and other

commodities; fluctuations in foreign currency exchange rates; volatility in price of our common shares;

inherent risks associated with the mining industry, including problems related to weather and climate in

remote areas in which certain of the Company’s operations are located; failure to achieve production, cost

and other estimates; risks and uncertainties associated with explorati on and development; uncertainties

relating to estimates of mineral resources including uncertainty that mineral resources may never be

converted into mineral reserves; the Company’s ability to carry on current and future operations, including

development and exploration activities at the Arakompa, Kora, Judd and other projects; the timing, extent,

duration and economic viability of such operations, including any mineral resources or reserves identified

thereby; the accuracy and reliability of estimates, pro jections, forecasts, studies and assessments; the

Company’s ability to meet or achieve estimates, projections and forecasts; the availability and cost of

inputs; the availability and costs of achieving the Stage 3 Expansion or the Stage 4 Expansion; the ability

of the Company to achieve the inputs the price and market for outputs, including gold, silver and copper;

failures of information systems or information security threats; political, economic and other risks

associated with the Company’s foreign operations; geopolitical events and other uncertainties, such as the

conflicts in Ukraine, Israel and Palestine; compliance with various laws and regulatory requirements to

which the Company is subject to, including taxation; the ability to obtain timely financ ing on reasonable

terms when required; the current and future social, economic and political conditions, including

relationship with the communities in Papua New Guinea and other jurisdictions it operates; other

assumptions and factors generally associated with the mining industry; and the risks, uncertainties and

other factors referred to in the Company’s Annual Information Form under the heading “Risk Factors”.

Estimates of mineral resources are also forward -looking statements because they constitute projections,

based on certain estimates and assumptions, regarding the amount of minerals that may be encountered in

the future and/or the anticipated economics of production. The estimation of mineral resources and mineral

reserves is inherently uncertain and involves subjective judgments about many relevant factors. Mineral

resources that are not mineral reserves do not have demonstrated economic viability. The accuracy of any

such estimates is a function of the quantity and quality of available data, and of the assumptions made and

judgments used in engineering and geological interpretation, Forward -looking statements are not a

guarantee of future performance, and a ctual results and future events could materially differ from those

anticipated in such statements. Although we have attempted to identify important factors that could cause

actual results to differ materially from those contained in the forward -looking statements, there may be

other factors that cause actual results to differ materially from those that are 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. Accordingly, readers should

not place undue reliance on forward -looking statements. The Company disclaims any intention or

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

future events or otherwise, except as required by law.