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RIO2 Announces 2025 Agm Results

Shareholder Meetings

RIO2 ANNOUNCES 2025 AGM RESULTS

For Immediate Release June 5, 2025

Vancouver, B.C. - Rio2 Limited (“ Rio2” or the “ Company”) (TSXV: RIO ; OTCQX: RIOFF; BVL: RIO)

announces the results of voting at its Annual and Special General Meeting of Shareholders (the

“Meeting”) held June 4 , 2025 . A total of 238,282,608 common shares were voted, representing

55.82% of 426,846,684 shares issued and outstanding as of the record date of the Meeting.

Shareholders voted in favour of all items of business before the Meeting, including the election of all

director nominees as follows:

VOTES FOR % VOTES FOR VOTES

WITHHELD

% VOTES

WITHHELD

Klaus Zeitler 202,502,363 98.43% 3,220,900 1.57%

Alex Black 205,702,663 99.99% 20,600 0.01%

Andrew Cox 205,701,839 99.99% 21,424 0.01%

Ram Ramachandran 205,720,439 100.00% 2,824 0.00%

Albrecht Schneider 205,701,939 99.99% 21,324 0.01%

Sidney Robinson 205,702,163 99.99% 21,100 0.01%

Drago Kisic 205,720,839 100.00% 2,424 0.00%

At the Meeting , shareholders also reapproved and ratif ied Rio2’s Stock Option Plan and Share

Incentive Plan as more thoroughly described in the April 17, 2025, information circular mailed to

shareholders and filed on Sedar+ (the “Information Circular”). The full version of the Stock Option Plan

and Amended Share Incentive Plan can be obtained directly from the Company by sending a written

request to [email protected].

ABOUT RIO2 LIMITED

Rio2 is a mining company with a focus on development and mining operations , with a team that has

proven technical skills as well as a successful capital markets track record. Rio2 is focused on taking its

Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged

development strategy. Rio2 and its wholly owned subsidiary, Fenix Gold Limitada, are companies with

the highest environmental standards and responsibility , with the firm conviction that it is possible to

develop mining projects that respect the three pillars (Social, Environment, Economics) of responsible

development. As related companies, we reaffirm our commitment to apply environmental standards

beyond those that are mandated by regulators, seeking to protect and preserve the environment of

the territories that we operate in.

To learn more about Rio2 Limited, please visit: www.rio2.com or Rio2's SEDAR + profile at

www.sedarplus.ca.

ON BEHALF OF THE BOARD OF RIO2 LIMITED

Alex Black

Executive Chairman

Email: [email protected]

Tel: +51 99279 4655

Kathryn Johnson

Executive Vice President, CFO & Corporate Secretary

Email: [email protected]

Tel: +1 604 762 4720

Neither 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

release.