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RIO2 Announces 2026 Agsm Results

Shareholder Meetings

RIO2 ANNOUNCES 2026 AGSM RESULTS

For Immediate Release June 17, 2026

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

announces the results of vo>ng at its Annual and Special General Mee>ng of Shareholders (the

“Mee>ng” or the “AGSM”) held June 17, 2026. A total of 304,775,175 common shares were voted,

represen>ng 55.78% of 546,395,184 shares issued and outstanding as of the record date of the

Mee>ng.

Shareholders voted in favour of all maVers brought before the 2026 AGSM. The specific vo>ng results

were as follows:

NUMBER OF DIRECTORS

RESOLUTION VOTES FOR % VOTES FOR VOTES

WITHHELD

% VOTES

WITHHELD

Set the number of

directors at 7

301,426,838 98.97% 3,151,171 1.03%

ELECTION OF DIRECTORS

NOMINEE VOTES FOR % VOTES FOR VOTES

WITHHELD

% VOTES

WITHHELD

Klaus Zeitler 242,868,447 91.53% 22,469,963 8.47%

Alex Black 261,330,018 98.49% 4,008,392 1.51%

Andrew Cox 264,819,496 99.80% 518,914 0.20%

Ram Ramachandran 257,338,761 96.99% 7,999,649 3.01%

Albrecht Schneider 262,120,123 98.79% 3,218,287 1.21%

Sidney Robinson 258,765,779 97.52% 6,572,631 2.48%

Drago Kisic 257,372,657 97.00% 7,965,753 3.00%

ELECTION OF AUDITORS

RESOLUTION VOTES FOR % VOTES FOR VOTES

WITHHELD

% VOTES

WITHHELD

Appointment of

PricewaterhouseCoopers

LLP as Auditors of the

Company for the ensuing

year and authorizing the

Directors to fix their

remunera>on.

296,982,783 97.51% 7,595,225 2.49%

APPROVAL OF AMENDED STOCK OPTION PLAN

RESOLUTION VOTES FOR % VOTES FOR VOTES

WITHHELD

% VOTES

AGAINST

To approve an ordinary

resolu>on approving and

adop>ng the Company’s

amended stock op>on plan,

as more par>cularly set forth

in the accompanying

management informa>on

circular.

186,823,447 70.41% 78,514,963 29.59%

APPROVAL OF AMENDED SHARE INCENTIVE PLAN

RESOLUTION VOTES FOR % VOTES FOR VOTES

AGAINST

% VOTES

AGAINST

To approve an ordinary

resolu>on approving and

adop>ng the Company’s

amended share incen>ve

plan, as more par>cularly set

forth in the accompanying

management informa>on

circular.

180,719,247 68.11% 84,619,163 31.89%

ABOUT RIO2 LIMITED

Rio2 is a diversified precious metals and copper producer focused on building and operating mines

with a management team that has proven technical skills as well as a successful capital markets track

record. The Company is currently producing gold at its Fenix Gold heap leach mine in Chile and

copper/gold/silver at its recently acquired Condestable underground mine in Peru. Rio2 and its wholly

owned subsidiaries, Fenix Gold Limitada and Compañía Minera Condestable S.A., are companies that

operate 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 mandated by regulators, seeking to protect and preserve the

environment in the territories where we operate.

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