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OGC.TO ·

OceanaGold Reports Fatality at the Didipio Mine

Mine Development & Operations

www.oceanagold.com

August 9, 2024 News Release

OceanaGold Reports Fatality at the Didipio Mine

(VANCOUVER) OceanaGold Corporation (TSX:OGC, OTCQX:OCANF) (“OceanaGold” or the “Company”)

regrets to inform that, as reported in our second quarter results, a contractor working at our Didipio Mine in

the Philippines sustained serious head injuries while attempting to remove a metal blockage from a jaw

crusher in late July. Despite medical efforts and care, he recently passed away in hospital. There has been

no impact to production as a result of this event.

Gerard Bond, President & CEO of OceanaGold, said “We are all deeply saddened by this tragic event,

especially those at Didipio who have lost two colleagues in a short period. Although the two events are

unrelated, we are taking immediate action at Didipio to improve the effectiveness of the OurSafe Behaviours

safety program, increase hazard identification training - particularly in relation to stored energy - and expand

in-field coaching on the identification of critical and high- risk tasks and verification of critical controls.

Ensuring the safety of our workforce is paramount."

The Company is supporting the family and colleagues of the deceased during this difficult time.

For further information please contact:

Investor Relations:

Rebecca Harris, Director, Investor Relations

Tel: 1 (604) 678-4095

[email protected]

Media Inquiries:

Louise Burgess, Director, Communications

Tel: 1 (604) 403-2019

[email protected]