Mr. Greg Smith reports

EQUINOX GOLD PROVIDES UPDATE ON THE LOS FILOS MINE

Equinox Gold Corp. has indefinitely suspended operations at its Los Filos mine in Guerrero, Mexico, following the expiry of its land access agreement with the community of Carrizalillo on March 31, 2025.

Long-term agreements with all three local communities are essential to provide the economic and investment conditions necessary for continued operations at the Los Filos mine, including the proposed construction of a new 10,000-tonne-per-day carbon-in-leach processing plant to increase gold recoveries from higher-grade ore.

Equinox Gold has been engaged in collaborative discussions with the three communities that host the mine since November, 2023. Consensus on terms was reached in January, 2025, and new long-term agreements were subsequently ratified and signed with the Mezcala and Xochipala communities. To date, Carrizalillo has not signed a new long-term agreement with the company.

Equinox Gold has not included any production from the Los Filos mine in its 2025 production guidance.

About Equinox Gold Corp.

Equinox Gold is a growth-focused Canadian mining company operating entirely in the Americas. The company has operating gold mines in Canada, the United States and Brazil, and a path to achieve more than one million ounces of annual gold production from a pipeline of expansion projects.

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