Mr. Andrew Snowden reports

TOREX GOLD ANNOUNCES RESULTS OF ITS 2026 MEETING OF SHAREHOLDERS

Torex Gold Resources Inc. has released the results of its 2026 annual and special meeting of shareholders, held virtually today.

The meeting marked the retirement of Jody Kuzenko and the formal appointment of Andrew Snowden as president and ceo of the company. Mr. Snowden was also elected to the board of directors along with the re-election of seven current directors, as well as the reappointment of Rick Howes as chair of the board.

Mr. Howes stated:

"On behalf of the board of directors and everyone at the company, I want to extend my sincere appreciation to Jody for her exceptional leadership at Torex over the past eight years. Jody leaves the business in an excellent position for the next chapter of growth and success, and we wish her all the very best as she steps into her well-deserved retirement.

"The board looks forward to working with Andrew in his new role as president and CEO as we continue to execute on our strategic pillars to build one of the best mining companies in the industry as a diversified, Americas-focused precious metals producer.

"Finally, to our shareholders, thank you for your ongoing trust and support. We are firmly committed to seizing the many opportunities ahead in order to continue to generate significant and lasting value for those who choose to invest in us."

Item 1: election of directors

At the meeting, all director nominees listed in the company's management information circular dated May 6, 2026, were elected as directors of the company. Detailed results of the vote by ballot are provided in an attached table.

Item 2: appointment of auditor

On a vote by ballot, KPMG LLP, chartered professional accountants, was reappointed as the auditor of the company and the directors were authorized to fix its remuneration.

Item 3: approval of name change

On a vote by ballot, a special resolution was passed authorizing and approving an amendment to the articles of the company to change the name of the company to Torex Resources Inc. or such other name as the board of directors of the company, in its sole discretion, may approve, subject to regulatory approval. The company expects to officially adopt the company's new name later this year.

Item 4: say-on-pay executive compensation

On a vote by ballot, a non-binding advisory resolution was passed accepting the approach to executive compensation disclosed in the circular and delivered in advance of the meeting.

The formal report on voting results with respect to all matters voted upon at the meeting will be filed on SEDAR+.

About Torex Gold Resources Inc.

Torex Gold is a Canadian mining company engaged in the exploration, development and production of gold, copper and silver from its flagship Morelos complex in Guerrero, Mexico. The company also owns the Los Reyes gold-silver project in Sinaloa and a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Medicine Springs project in Nevada, U.S., as well as an option to acquire the Gryphon project in Nevada, U.S.

The company's key strategic objectives are: optimize Morelos production and costs; disciplined growth and capital allocation; grow reserves and resources; project delivery excellence; retain and attract best industry talent; and be an industry leader in responsible mining. In addition to realizing the full potential of the Morelos property, the company continues to seek opportunities to acquire assets that enable diversification and deliver value to shareholders.

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