Mr. Darren Hall reports

EQUINOX GOLD PUBLISHES 2025 SUSTAINABILITY REPORT

Equinox Gold Corp. has published its 2025 sustainability report. Aligned with the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks, the report provides an overview of the company's performance and progress across key environmental, social and governance topics, including safety, environmental stewardship, community engagement and ethical business practices. The report covers the period from Jan. 1 to Dec. 31, 2025, with certain reporting scope considerations reflecting the company's June, 2025, combination with Calibre Mining and other portfolio changes during the year. The report, together with detailed GRI and SASB data tables, is available for review and download on Equinox Gold's website.

Darren Hall, chief executive officer of Equinox Gold, commented: "Responsible mining is fundamental to how we create long-term value for our stakeholders. In 2025, we achieved meaningful progress across our sustainability priorities, including improved safety performance, strong environmental results, continued investment in our host communities and completion of external assurance against the World Gold Council's Responsible Gold Mining Principles. The successful integration of Calibre Mining also marked an important milestone, strengthening our portfolio and positioning Equinox Gold as a more diversified and resilient gold producer. I am proud of our team's commitment to operating responsibly and advancing our sustainability performance across our business."

2025 sustainability achievements

Environment:

• Recorded a significant environmental incident frequency rate of 0.00 per million hours worked, with no significant environmental incidents recorded under the company's reporting framework;
• Achieved an estimated 60,113 metric tonnes of carbon dioxide equivalent (tCO2e) emissions reductions through operational efficiency initiatives, renewable energy sourcing, power purchase agreement offsets and renewable energy certificates;
• Planted approximately 118,000 seedlings to support ecosystem recovery and reported 40 hectares under active restoration;
• Avoided an estimated three tonnes of mercury use through the company's responsible sourcing program for artisanal and small-scale mining while supporting the livelihoods and economic independence of artisanal miners.

Social:

• Reported zero fatalities and a total recordable injury frequency rate of 1.65 per million hours worked, compared with 2.21 in 2024;
• Distributed $2.1-billion in economic value through the payment of employee wages and benefits, procurement spending, royalties, income taxes paid to governments and social investment in host communities, among other payments;
• Invested $14-million in community programs across the company's operating regions to support locally identified priorities;
• Maintained five benefits agreements with seven indigenous partners at the company's Canadian mines, supporting dialogue and participation, economic opportunities, and collaborative management of social, environmental and cultural considerations;
• Prioritized local employment and spending, with 98 per cent of employees based within the country of operation and 67 per cent within the communities in the direct area of influence of the company's operations and 93 per cent of total procurement spending with national suppliers.

Governance:

• Completed independent external assurance assessments at the company's producing mines (excluding Brazilian operations) against the World Gold Council's Responsible Gold Mining Principles and the Conflict-Free Gold Standard;
• Improved gender diversity, with women representing 16 per cent of the company's work force, while maintaining 30-per-cent gender diversity on the company's board of directors.

More information about Equinox Gold's 2025 performance, 2026 targets and commitments to responsible mining is available in the 2025 sustainability report, the GRI and SASB data tables, and related disclosures on Equinox Gold's website.

We seek Safe Harbor.