Mr. Grant Freeman reports

NVRO METALS APPOINTS JONATHAN GILL AS DIRECTOR NOMINEE AND TECHNICAL ADVISOR

NVRO Metals Ltd. has appointed Jonathan Gill, PEng, ICDD, as technical adviser to the board of directors, effective immediately. Mr. Gill will stand for election as a director at the company's 2026 annual general meeting of shareholders, scheduled for Oct. 7, 2026.

Background

Mr. Gill is a professional engineer with more than 50 years of experience in mining operations, project development and public company governance. He is an independent director of Agnico Eagle Mines Ltd., a company listed on the New York Stock Exchange and Toronto Stock Exchange, where he chairs the technical committee and serves on the health, safety, environment and sustainable development committee. He has served on that board since 2022 and was re-elected at Agnico Eagle's annual and special meeting of shareholders held on May 1, 2026. He previously served as a director of Kirkland Lake Gold Ltd. and of Lake Shore Gold Corp.

Mr. Gill held senior operating and executive positions with Inco Ltd., including mine management roles across the company's Ontario and Manitoba divisions and with PT Inco in Indonesia. Following his retirement from full-time executive service, he undertook project assignments for Inco in Canada and on the Goro nickel project in New Caledonia and carried out technical and project reviews for other operators, including work associated with FNX Mining Company's Sudbury operations, the Ambatovy nickel project in Madagascar and the Onca Puma project in Brazil.

Mr. Gill is a member of the Association of Professional Engineers of Ontario and holds the ICDD designation from the Institute of Corporate Directors. He is a former employer chair of Ontario's mining legislative review committee.

Paul McRae, lead independent director of NVRO Metals, commented: "We are pleased to welcome Mr. Gill to NVRO Metals. His significant board and management experience will be invaluable going forward."

Mr. Gill, incoming director nominee and technical adviser, commented: "I am pleased to accept the invitation to join the board of NVRO. I believe the company's goals are laudable and well aligned with the interests of its stakeholders. I look forward to working with my fellow directors and management to advance those objectives and contribute to the company's long-term success."

Under the technical adviser and director services agreement dated July 31, 2026, Mr. Gill will receive a one-time sign-on award of 350,878 restricted stock units (RSUs) issued under the company's omnibus long-term incentive plan. The RSUs will vest one year from grant.

About NVRO Metals Ltd.

NVRO Metals recovers precious and critical metals from complex, sulphidic mine tailings and ores using its proprietary NVRO process. The company provides process technology and intends to own and operate centralized processing hubs, beginning with the NVRO Metals hub in Australia's Northern Territory.

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