Mr. Ari Sussman reports

COLLECTIVE MINING ANNOUNCES ELECTION OF DIRECTORS

At the annual and special meeting of shareholders of Collective Mining Ltd., held on June 15, 2026, the five candidates listed in the management information circular dated May 8, 2026, were duly elected as directors of the company. Detailed results of the vote are set out in the attached table.

About Collective Mining Ltd.

Founded by the team that developed and sold Continental Gold 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's two projects are located directly within an established mining camp with ten 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 at the Guayabales project are to expand the newly discovered high-grade Ramp zone along strike and to depth, drill test the new hangingwall vein zone, and drill a series of greenfield generated targets on the property.

Management, insiders, a strategic investor, and close family and friends own 45.2 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.

We seek Safe Harbor.