Mr. Ari Sussman reports

COLLECTIVE MINING ANNOUNCES VOTING RESULTS FROM ITS 2025 ANNUAL MEETING OF SHAREHOLDERS

Collective Mining Ltd. has released the voting results from its annual general meeting of shareholders, held on June 16, 2025.

Shareholders voted in favour of all matters of business before the meeting. Each of those matters is set out in detail in the management information circular published in connection with the meeting, which is available on SEDAR+ and the company's website.

A total of 49,069,143 common shares, representing approximately 57.8 per cent of the company's outstanding common shares, were voted by proxy at the meeting. Shareholders voted in favour of appointing BDO Canada LLP as the auditor of the company (99.9 per cent in favour).

Shareholders also voted on the following matters at the meeting.

Election of directors

The nominees listed in the management information circular were elected as directors of the company until the next annual meeting of shareholders, or until their successors are elected or appointed, with the votes being cast by ballot and the results shown in the attached table.

About Collective Mining Ltd.

Founded by the team that developed and sold Continental Gold Inc. to Zijin Mining for approximately $2-billion in enterprise value, Collective is a gold, silver, copper and tungsten exploration company with projects in Caldas, Colombia. The company has options to acquire 100-per-cent interests in two projects located directly within an established mining camp with 10 fully permitted and operating mines.

The company's flagship project, Guayabales, is anchored by the Apollo system, which hosts the large-scale, bulk-tonnage and high-grade gold-silver-copper-tungsten Apollo system. The company's objectives are to improve the overall grade of the Apollo system by systematically drill testing newly modelled potentially high-grade subzones, expand the Apollo system by stepping out along strike to the north, and expanding the newly discovered high-grade Ramp zone along strike and to depth, and drill a series of less advanced or newly generated targets, including Trap, the Knife and X.

Management, insiders, a strategic investor, and close family and friends own 44.5 per cent of the outstanding shares of the company, and, as a result, are fully aligned with shareholders. The company is listed on both the NYSE American and Toronto Stock Exchange under the trading symbol CNL.

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