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Osisko Development Announces Changes to Management Team

Management Changes

Osisko Development Announces Changes to Management Team

MONTREAL, October 18, 2022 – Osisko Development Corp. (“Osisko Development” or the “Company”)

announces the departure of Jean-François Lemonde, Vice President, Investor Relations.

Sean Roosen, Chief Executive Officer, said: “We would like to thank Jean- François for his commitment to

Osisko Development and wish him all the best in his future endeavours as he pursues other opportunities.”

Laurence Farmer, General Counsel and VP Strategic Development will assume the Investor Relations

function on an interim basis.

About Osisko Development Corp.

Osisko Development Corp. is uniquely positioned as a premier gold development company in North

America to advance the Cariboo Gold Project and other Canadian, U.S.A. and Mexican properties, with the

objective of becoming the next mid- tier gold producer. The Cariboo Gold Project, located in central British

Columbia, Canada, is Osisko Development's flagship asset. The considerable exploration potential at depth

and along strike distinguishes the Cariboo Gold Project relative to other development assets. Osisk o

Development's project pipeline is complemented by its interest in the San Antonio gold project, located in

Sonora, Mexico and the Trixie gold test mine, located in Utah, U.S.A.

For further information about Osisko Development (NYSE:ODV; TSX -V:ODV), plea se visit

www.osiskodev.com or follow us on Twitter @OsiskoDev.

For further information, please contact Osisko Development Corp.:

Sean Roosen, CEO

Telephone: (514) 940-0685

Email: [email protected]

Laurence Farmer, General Counsel & Vice President, Strategic Development

Telephone: (514) 607-6045

Email: [email protected]

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 news release. No stock exchange, securities commission or other regu latory authority has

approved or disapproved the information contained herein.