Mr. Greg McCunn reports

GPAC ANNOUNCES ANNUAL SECURITY-BASED COMPENSATION GRANTS

Pursuant to Great Pacific Gold Corp.'s annual long-term incentive plan, the board of directors has granted 3.61 million incentive stock options and 3.03 million restricted share units (RSUs) to the officers, directors, key employees and consultants of the company.

The options are exercisable at 45 cents per share and expiring five years from the date of grant. In addition, each granted RSU entitles the holder to acquire a common share of the company and will expire three years from the date of grant. The options and RSUs may not be exercised until vested as follows: 50 per cent will vest on the first anniversary; and the remaining 50 per cent will vest on the second anniversary of the date of grant.

These security-based compensation grants aligns the core Great Pacific Gold team with the long-term execution and success of the exploration program at the company's flagship Wild Dog project.

Qualified person

The technical content of this news release has been reviewed, verified and approved by Callum Spink, the company's vice-president, exploration, who is a member of the Australian Institute of Geoscientists, MAIG, and a qualified person as defined by National Instrument NI 43-101, Standards of Disclosure for Mineral Projects. Mr. Spink is responsible for the technical content of this news release. Mr. Spink is not independent of the company.

About Great Pacific Gold Corp.

Great Pacific Gold's vision is to become the leading gold-copper development company in Papua New Guinea (PNG). The company has a portfolio of exploration-stage projects in PNG, as follows:

• Wild Dog project: The company's flagship project is located in the East New Britain province of PNG. The project consists of a large-scale epithermal target, the Wild Dog structural corridor, stretching 15 kilometres in strike length and potentially over 1,000 metres deep based on a recent MobileMT geophysics survey. The survey also highlighted the Magiabe porphyry target, adjacent to the epithermal target, and potentially 1,000 metres in diameter and over 2,000 metres deep. Drilling of the epithermal structure on the Sinivit target has yielded high-grade results, including WDG-08, which intercepted 8.4 metres at 50 grams per tonne (g/t) gold equivalent (AuEq) from 154 metres. The current drilling program will extend into 2026, with the second drill rig expecting to be operational in February, 2026.
• Kesar project: Located in the Eastern Highlands province of PNG and contiguous with the mine tenements of K92 Mining Inc., the Kesar project is a greenfield exploration project with several high-priority targets in close proximity to the property boundary with K92. Multiple epithermal veins at Kesar are on strike and have the same orientation as key K92 deposits, such as Kora. Exploration work to date by the company at the Kesar project has shown that these veins have high grades of gold present in outcrop and very elevated gold in soil grades, coincident with aeromagnetic highs. The company conducted a diamond drill program on key target areas at the Kesar project from November, 2024, to May, 2025, and have developed a follow-up phase 2 program for 2026.
• Arau project: Also located in the Eastern Highlands province of PNG, the Arau project is south of and contiguous to the mine tenements of K92. Arau contains the highly prospective Mt. Victor exploration target with potential for a high-sulphidation epithermal gold-base metal deposit. A phase 1 reverse circulation drilling program was completed at Mt. Victor in August, 2024, with encouraging results. The Arau project includes the Elandora licence, which also contains various epithermal and copper-gold porphyry targets.

The company also holds the Tinga Valley project in PNG.

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