Mr. Greg Smith reports

EQUINOX GOLD PUBLISHES 2024 SUSTAINABILITY REPORT

Equinox Gold Corp. has published its 2024 sustainability report. Informed by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks, the report provides a comprehensive overview of the company's performance and progress across key environmental, social and governance (ESG) topics, including safety, environmental stewardship, community engagement and ethical business practices. The report and detailed GRI and SASB data tables are available for review and download on Equinox Gold's website.

Greg Smith, chief executive officer of Equinox Gold, commented: "Responsible mining is foundational to how we operate at Equinox Gold. ESG principles are central to our culture, our business strategy and the decisions we make each day. In 2024, we made meaningful progress on several fronts: improving our environmental performance, advancing water stewardship projects, increasing our social investments, and enhancing initiatives focused on ethical governance and transparency. We also expanded training, leadership and health and well-being programs for our work force to ensure our team has the skills to work safely and thrive in their workplace. I am proud of our team's dedication to each other and to upholding our responsible mining commitments."

2024 ESG achievements

Environment:

• Improved the company's environmental performance by 31 per cent compared with 2023, achieving a significant environmental incident frequency rate of 0.20 per million hours worked;
• Demonstrated best practices in tailings and heap leach management, with zero tailings or heap-leach-related environmental or safety incidents;
• Diverted 4,531 tonnes of hazardous and non-hazardous material from disposal;
• Rehabilitated 38.5 hectares of land and planted more than 32,395 seedlings;
• Advanced several water stewardship initiatives, including implementation of dry-stack tailings and maintenance of a freshwater reservoir at the company's RDM mine to serve both the mine and local communities.

Social:

• Celebrated eight years without a lost-time injury (LTI) at Mesquite and recorded zero LTIs at Greenstone and Castle Mountain in 2024, with a company-wide LTI frequency rate of 0.49 per million hours worked (target: 0.61);
• Achieved a total recordable injury frequency rate of 2.21 per million hours worked (target: 3.00);
• Increased social investments to $10.1-million (U.S.), focusing primarily on health care and education;
• Invested in the company's communities, with 96 per cent of total procurement spend remaining within host countries and 16 per cent directed to local suppliers (up from 14 per cent in 2023);
• Invested in the company's people, with continuation of the company's leadership academy in Brazil and launch of the company's new emerging leader program in North America;
• Organized the Ride to Greenstone cycling relay from Vancouver, B.C., to Geraldton, Ont., celebrating the opening of the company's new Greenstone mine, and raising $1.24-million for the Geraldton District Hospital and over $200,000 for local charities at the company's United States and Brazil mines.

Governance:

• Upheld human rights across the company's organization, including human rights risk assessments, work force ethics training and publishing the company's first modern slavery report;
• Achieved 100-per-cent acknowledgment of Equinox Gold's supplier code of conduct from over 4,000 active suppliers;
• Tied 8 per cent of executive incentive compensation to ESG metrics;
• Formalized a company-wide equity, diversity and inclusion strategy underpinned by four pillars: inclusive leadership, inclusive culture, work force diversity and equity in practice, all committed to a merit-based workplace grounded in fairness and equity to empower the company's diverse work force and drive innovation.

2025 ESG priorities:

• Continue to improve the company's health and safety and environmental performance;
• Implement the objectives detailed in the company's human resources and equity, diversity and inclusion strategic road maps;
• Complete external assurance of the World Gold Council's Responsible Gold Mining Principles at two sites;
• Complete training on Equinox Gold's social management standards at all sites;
• Implement a new enterprise risk management system to improve risk management efficiency, data accessibility and reporting.

More information about Equinox Gold's 2024 performance, 2025 targets and commitments to responsible mining is available in the reports and other disclosure on the company's website.

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