Mr. Omar Ossma reports

COLLECTIVE MINING TO PROVIDE RELIEF ASSISTANCE FOLLOWING COLOMBIA EARTHQUAKE

Collective Mining Ltd. has provided an update on the company's response following the earthquake that struck western Colombia on Aug. 10, 2026, with its epicentre near San Jose del Palmar, in the department of Choco, approximately 100 kilometres from the company's Guayabales and San Antonio projects. The company is fortunate to report there were no injuries to its personnel and no damage to its assets.

The company has been in direct contact with municipal authorities, local fire departments and business associations to assess needs and support the communities in which it operates. As part of these efforts, Collective will make humanitarian contributions and provide direct assistance through local organizations that have existing partnerships with Collective in the city of Manizales, which is located approximately 80 kilometres from its operations in Supia, Caldas.

Collective will work with the Mayor's Office of Manizales to provide assistance related to technical matters, and will make monetary and in-kind contributions to organizations supporting the recovery effort. These include the National Federation of Coffee Growers of Colombia, to assist with matters related to local school infrastructure; the local Red Cross and ProCaldas (a private-sector alliance for regional development), to assist with matters related to health infrastructure; and ANDI (National Business Association of Colombia) to support reconstruction efforts planning in the most affected areas.

Dario Gomez, president of the board of the Colombian Red Cross, Caldas Chapter, commented: "In moments like this, a co-ordinated response is essential to effectively reach affected communities. The support of organizations such as Collective Mining strengthens our ability to address immediate needs and support the recovery efforts under way in Manizales. We appreciate their commitment to working alongside local institutions and organizations as the situation continues to evolve."

Omar Ossma, president of Collective Mining, commented: "The safety and well-being of our people and communities is our first priority. I have been on the ground in Colombia working directly with our team and local stakeholders to lead our response and understand where assistance is most needed. Our thoughts are with everyone affected by the earthquake. We are mobilizing support through organizations that are positioned to direct assistance where it can have the greatest impact. We will continue to support our employees, their families and the broader community as recovery efforts progress."

About Collective Mining Ltd.

Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $1.4-billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The company's two projects are located directly within an established mining camp with ten fully permitted and operating mines.

The company's flagship project, Guayabales, is anchored by Apollo, a large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten system. The company's objectives at the Guayabales project are to expand the newly discovered high-grade Ramp zone along strike and to depth, drill test the new outcropping northern Apollo oxidized area, drill the recently granted license covering the northwestern extension of the Trap target, and drill a series of greenfield generated targets across the property.

Management, insiders, a strategic investor and close family and friends own 45.2 per cent of the outstanding shares of the company and, as a result, are fully aligned with shareholders. The company is listed on both the Nasdaq Stock Market and Toronto Stock Exchange under the trading symbol CNL.

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