Mr. Manuel Villar reports

ST. AUGUSTINE ANNOUNCES RESULTS OF ITS ANNUAL GENERAL MEETING

St. Augustine Gold and Copper Ltd. held its annual general meeting of shareholders on June 26, 2026.

At the meeting, shareholders considered the matters described in the company's management information circular dated May 18, 2026. Each matter submitted for approval received the requisite approval of shareholders (or, where applicable, the requisite approval of disinterested shareholders). A total of 1,579,549,129 shares were issued and outstanding and eligible to vote. 836,460,492 shares were voted (52.96 per cent).

Election of directors

Shareholders elected each of the nominees listed below as directors of the company to hold office until the next annual meeting of shareholders or until their respective successors are duly elected or appointed. Each nominee received the requisite majority of votes cast for his or her election, as shown in the attached table.

Appointment of auditor

Shareholders approved the appointment of Davidson and Company LLP as the company's auditor for the ensuing year and authorized the directors of the company to fix the auditor's remuneration. The resolution approving the appointment of the external auditor received approximately 99.99 per cent of the votes cast in favour of the resolution.

Amendment of the amended and restated option plan

Shareholders approved the amendment of the company's amended and restated option plan, as more particularly described in the management information circular and subject to Toronto Stock Exchange and final board approval. The resolution approving said amendment received approximately 86.90 per cent of the votes cast in favour of the resolution.

Approval of related party convertible note financing

The company's disinterested shareholders approved the company's entry into a convertible note financing with TVI Resource Development Phils. Inc., a related party, as discussed in the management information circular. The resolution received approximately 99.86 per cent of the votes cast by disinterested shareholders in favour of the resolution. This proposed financing is still subject to TSX and final board approvals.

The company thanks its shareholders for their continued support and participation in the meeting.

About St. Augustine Gold and Copper Ltd.

St. Augustine is a TSX-listed mining company focused on the development of the Kingking copper-gold project. The project is one of the largest undeveloped copper-gold deposits in the world and is listed as a top-three priority mining project by the Philippine government.

We seek Safe Harbor.