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LUG.TO ·

Lundin GOLD Announces Voting Results from Annual Meeting

Shareholder Meetings

NEWS RELEASE

Vancouver, May 10, 2024

Lundin Gold Inc. Suite 2800, Four Bentall Centre Phone: +1 604 689 7842 lundingold.com

1055 Dunsmuir Street Fax: +1 604 689 4250 Email: [email protected]

Vancouver, BC, V7X 1L2

LUNDIN GOLD ANNOUNCES VOTING RESULTS FROM ANNUAL MEETING

Lundin Gold Inc . (TSX: LUG; Nasdaq Stockholm: LUG ; OTCQX: LUGDF) ("Lundin Gold" or the " Company") is

pleased to report the voting results from the Company’s 2024 Annual General Meeting of Shareholders (“Annual

Meeting”), which was held today in a hybrid format.

A total of 215,662,066 common shares were voted at the meeting, representing 90.3% of the votes attached to

all the outstanding common shares. Shareholders voted by ballot in favour of each of the items of business at

the Annual Meeting as follows:

% For % Against

Election of Directors

Carmel Daniele 99.94 0.06

Gillian Davidson 98.94 1.06

Ian W. Gibbs 84.51 15.49

Melissa Harmon 98.77 1.23

Ashley Heppenstall 96.12 3.88

Ron Hochstein 98.66 1.34

Scott Langley 97.78 2.22

Jack Lundin 96.69 3.31

Angelina Mehta 99.95 0.05

Appointment of Auditors % For % Withhold

PricewaterhouseCoopers LLP 99.97 0.03

% For % Against

Advisory Vote on the Company’s Approach to

Executive Compensation

98.59 1.41

All nine directors will serve on the Company’s Board of Directors until the next annual meeting of shareholders

or until their successors are elected or appointed.

Detailed voting results for the 2024 Annual Meeting are available on SEDAR+ at www.sedarplus.ca.

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, is committed to positive and long-lasting impact on our host

communities, while delivering significant value to stakeholders through operational excellence, cash flow

generation and focused growth. Lundin Go ld currently operates its 100% owned Fruta del Norte ("FDN") gold

2

mine in southeast Ecuador, which is one of the highest-grade gold mines in production in the world today. The

Company also owns a portfolio of prospective exploration properties close to FDN.

Additional Information

This information was submitted for publication on May 10, 2024 at 2:00 p.m. PT through the contact persons

set out below.

For more information, please contact

Ron F. Hochstein Finlay Heppenstall

President and CEO Director, Investor Relations and Corporate Development

Tel: +1-604-806-3589 Tel: +1 604 806 3089

[email protected] [email protected]