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OceanaGold Releases 2024 Sustainability Report

Corporate Updates

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www.oceanagold.com

May 21, 2025 News Release

OceanaGold Releases 2024 Sustainability Report

(VANCOUVER, BC ) OceanaGold Corporation (TSX: OGC , OTCQX: OCANF) ("OceanaGold" or the

"Company") is pleased to publish its annual Sustainability Report and related documents for the year ended

December 31, 2024.

Gerard Bond, President and CEO of OceanaGold, said “ We made good progress on our sustainability

commitments in 2024, consistent with our Purpose of mining gold for a better future. Operating safely and

responsibly is a strategic imperative for OceanaGold, as w e know that a comprehensive, integrated and

company-wide approach to sustainability is fundamental to creating and protecting value for all our

stakeholders.”

Megan Saussey, Chief Sustainability Officer of OceanaGold, said “2024 was a year of implementation of

our updated three-year Sustainability Strategy, with a focus on strengthening our core responsible business

practices and maintaining consistent performance across the business.”

2024 Sustainability Performance Outcomes:

• Maintained an MSCI “AA” and “Leader” rating.

• Commenced implementation of our updated three-year Sustainability Strategy.

• Developed and progressed Safety Improvement Plans and embedded the investigation learnings

across all sites following two fatalities during the year.

• Achieved an 80% employee engagement score for our 2024 Culture Survey results, exceeding the

global mining and metals benchmark by 8% , demonstrating a strong level of connection to , and

satisfaction with, working at OceanaGold.

• Maintained our track record of zero material environmental incidents.

• Completed over 100ha of progressive rehabilitation of disturbed mine land to the agreed end use;

over 30% more land than what was disturbed in the year.

• Conducted approximately 250 facilitated engagements with Iwi groups (Māori Peoples) who have

indicated an interest in the Waihi North Project in New Zealand.

• Spent over US$193 million with local suppliers, paid US$125 million in taxes and royalties to host

Governments, and contributed US$11 million to social investments and community partnerships.

• Completed portfolio-level climate change transition and physical climate scenario and risk analysis.

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• Met 70% of our Company-wide water needs through re-used or recycled water.

Links to OceanaGold’s Sustainability-related Reports

• 2024 Sustainability Report available here.

• 2024 Interactive ESG Data available here.

• 2024 Basis of Preparation and Reporting Indexes available here.

• 2024 RGMP Implementation and Conformance Report available here.

• 2024 Conflict-Free Gold Statement available here.

• 2024 Modern Slavery Statement available here.

About OceanaGold

OceanaGold is a growing intermediate gold and copper producer committed to safely and responsibly

maximizing the generation of Free Cash Flow from our operations and delivering strong returns for our

shareholders. We have a portfolio of four operating mines: the Haile Gold Mine in the United States of

America; Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zeal and.

For further information please contact:

Investor Relations:

Haley Mayers, VP, Investor Relations

Tel: +1 604 678 4097

[email protected]

Valerie Burns, Manager, Investor Relations

Tel: +1 604 235 0742

[email protected]

Media Relations:

Louise Burgess, Director, Communications

Tel: 1 (604) 403-2019

[email protected]