Mr. Taylor Melvin reports

JONATHAN WANG JOINS IVANHOE ELECTRIC AS VICE PRESIDENT, INVESTOR RELATIONS

Jonathan Wang has joined Ivanhoe Electric Inc. as the vice-president of investor relations, effective Oct. 26, 2026. He joins Ivanhoe Electric's executive team based in Tempe, Ariz.

Mr. Wang has extensive experience in investor relations, capital markets and investment banking. Prior to joining Ivanhoe Electric, Mr. Wang spent more than 15 years in New York in investment banking and private equity. He was an investment banking analyst at Goldman Sachs and an investment banking associate at Bank of America Securities, and then joined BlackRock in 2017. At BlackRock, Mr. Wang rose to managing director at Long-Term Private Capital, where he oversaw investor relations for a $4.3-billion investment fund, managing relationships with more than 50 global institutional investors and supporting over $5-billion in capital markets transactions.

Mr. Wang holds a JD and MBA from the University of Southern California and bachelor of science degrees in finance and Mandarin from the University of Arizona.

Taylor Melvin, president and chief executive officer of the company, commented: "We are excited to have Jonathan join our leadership team at Ivanhoe Electric. He brings a wealth of experience across investment banking and investor relations that will make him a valuable leader of our investor relations functions. Jonathan will also be a key contributor to our corporate financing and growth strategies. I look forward to working with Jonathan."

About Ivanhoe Electric Inc.

The company is a United States-based, technology-driven minerals exploration and development company with a focus on copper and other critical metals vital to electric transmission and generation, manufacturing, infrastructure development, technology and national security. Its wholly owned assets are located in the United States, led by its advanced-stage Santa Cruz copper project on private land in Arizona. Ivanhoe Electric's operate exploration joint ventures and alliances in Saudi Arabia with Maaden, in Chile with Sociedad Quimica y Minera de Chile (SQM), and in the United States with BHP. The company uses its powerful Typhoon geophysical surveying system, together with advanced data analytics software provided by its subsidiary, Computational Geosciences Inc. (CGI), to accelerate and derisk the mineral exploration process in the search for new deposits of critical metals that may otherwise be undetectable by traditional exploration technologies. The company believes the United States is significantly underexplored and has the potential to yield major new discoveries of critical metals.

Ivanhoe Electric is committed to the establishment of strong relationships with its local communities and the responsible development of its projects by incorporating best practices for health, safety and environmental standards, water management, protection of local cultural heritage and biodiversity, and minimizing its environmental footprint.