Mr. Michael Hodgson reports

SERABI GOLD FILES NI 43-101 TECHNICAL REPORT FOR THE PALITO COMPLEX AND CORINGA MINE

Serabi Gold PLC has publicly filed its detailed technical reports of its updated mineral reserve estimates and mineral resource estimates for its 100-per-cent-owned Palito complex and updated mineral resource estimates for its 100-per-cent-owned Coringa mine, both located in Para state, Brazil, within the Tapajos region.

The Palito complex technical report is dated June 1, 2026, effective Jan. 30, 2026. The Coringa mine technical report is dated June 2, 2026, effective Jan. 30, 2026. These technical reports support the scientific and technical disclosure provided in the April 28, 2026, press release.

The Palito complex technical report is titled "Palito Complex, NI 43-101 Technical Report, Para State, Brazil" and the Coringa mine technical report is titled "Coringa Mine, NI 43-101 Technical Report, Para State, Brazil." Both technical reports were prepared by NCL Ingenieria y Construccion SpA of Santiago, Chile, for the project and have been reviewed and approved by the following qualified persons under National Instrument 43-101, Standards of Disclosure for Mineral Projects, in accordance with the rules of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), which is an internationally recognized standard pursuant to the AIM (Alternative Investment Market) rules.

Qualified persons:

• Carlos Guzman, RM CMC, FAusIMM, principal/project director, NCL;
• Nicolas Fuster, RM CMC, MAusIMM, geologist.

The full technical report is available under the corporation's profile on SEDAR+ and on the corporation's website.

About Serabi Gold PLC

Serabi Gold is a gold exploration, development and production company focused on the prolific Tapajos region in Para state, northern Brazil. The company has consistently produced 30,000 to 40,000 ounces per year with the Palito complex and is planning to increase production to approximately 55,000 ounces in the 2026 with the ramp-up of the Coringa gold mine. Serabi Gold recently made a copper-gold porphyry discovery on its extensive exploration licence. The company is headquartered in the United Kingdom with a secondary office in Toronto, Ont., Canada.

Qualified person statement

The scientific and technical information contained within this announcement has been reviewed and approved by Michael Hodgson, a director of the company. Mr. Hodgson is an economic geologist by training with over 35 years of experience in the mining industry. He holds a BSc (honours) in geology (University of London) and an MSc in mining geology (University of Leicester) and is a fellow of the Institute of Materials, Minerals and Mining and a chartered engineer of the Engineering Council of the United Kingdom, recognizing him as both a qualified person for the purposes of NI 43-101 and by the AIM Guidance Note on Mining and Oil & Gas Companies dated June, 2009.

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