Mr. Daniel Misiano reports

DYNACOR APPOINTS NEW CHIEF OPERATING OFFICER

Dynacor Group Inc. has appointed mining executive Jonathan Hill as chief operating officer. In his role, Mr. Hill will guide Dynacor's execution of its operational and strategic objectives, focusing on driving operational excellence, safety, talent success and technology enablement.

Mr. Hill's appointment comes at a pivotal time when Dynacor is commissioning the first phase of its expansion strategy across South America and Africa.

"I am thrilled to welcome Jonathan to Dynacor's executive team," said Daniel Misiano, president and chief executive officer. "Jonathan brings the plant-building experience and operational discipline to lead our team into our next chapter of operational growth. His multisite leadership will build the strong systems, teams and processes needed to run them safely and profitably, and materially strengthens our ability to continue executing our expansion strategy."

Mr. Hill brings more than 25 years of industrial and mining leadership experience, predominantly across complex, multisite operations in North America. Throughout his career, he has built, commissioned, optimized and managed operations, establishing a proven record for operational discipline, technical rigour, cultural change and digital transformation.

Most recently, Mr. Hill served as general manager, integrated operations and operational excellence, at ArcelorMittal Mines Canada, where he drove significant improvements in operational performance at Canada's largest open-pit iron ore complex. As mining manager at AMMC, he provided pro-active leadership that delivered operational targets and enhanced the safety culture at the Mont-Wright and Fire Lake mines. Mr. Hill also served as manager, technical services, at AMMC, where he strengthened technical governance and led optimization of the two mines. Earlier roles include operations manager for Detour Gold and mine manager for Nordgold in Burkina Faso.

Mr. Hill succeeds Mr. Misiano, who was promoted to president and chief executive officer in June, 2026.

About Dynacor Group Inc.

Dynacor Group is an ore processing company dedicated to producing gold sourced from artisanal miners. Since its establishment in 1996, Dynacor has pioneered a responsible mineral supply chain with stringent traceability and audit standards for the fast-growing artisanal mining industry. By focusing on formalized miners, the Canadian company offers a win-win approach for governments and miners globally. Dynacor operates the Veta Dorada plant and owns a gold exploration property in Peru. The company is expanding to West Africa and within Latin America.

The premium paid by luxury jewellers for Dynacor's PX Impact gold goes to Fidamar Foundation, a non-governmental organization that mainly invests in health and education projects for artisanal mining communities in Peru.

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