Mr. Rodrigo Barbosa reports

AURA DECLARES DIVIDEND OF US$0.25 PER SHARE TO BE PAID IN DECEMBER 2023

Aura Minerals Inc.'s board of directors has declared and approved the payment of a dividend of 25 U.S. cents per common share (approximately $18-million (U.S.) in total). In accordance with the company's dividend policy, the dividend is in respect of and is based on Aura's expected financial results for the six months ending on Dec. 31, 2023.

Under the dividend policy, the company's annual dividend is equal to 20 per cent of its estimated adjusted earnings before interest, taxes, depreciation and amortization for the relevant six months less sustaining capital expenditures and exploration capital expenditures for the same period. The amount of the dividend is based on the actual results for the third quarter of 2023 and the expected results for the fourth quarter of 2023, including expected production, cash costs and sustaining and exploration capex for Q4 2023. The dividend will be paid to shareholders of record on Dec. 19, 2023, as of the close of business on Dec. 11, 2023. All shareholders of record will receive the dividend in U.S. dollars.

Holders of the company's Brazilian depositary receipts as of record date are expected to receive payment by Dec. 30, 2023. They will receive the Brazilian reais equivalent of the dividend, based on a market exchange rate to be disclosed in a future press release, before its payment date. The dividend is not subject to withholding taxes at the time of payment by the company.

Rodrigo Barbosa, president and chief executive officer, commented: "We're thrilled to announce that Aura is distributing its second dividend of 2023, amounting to $18-million (U.S.) for this semester and reaching a total of $28-million (U.S.) for the year. This marks our third consecutive year of rewarding shareholders, making us among the leaders in our industry for dividend payments. Over the past three years, we've returned $143 million (U.S.) to our shareholders through dividends and share buybacks. In addition to these financial achievements, we've successfully built Almas, bought and begun construction of Borborema, and made progress in Matupa. These efforts aim to increase our production to 450,000 GEO annualized by 2025, while we also embark on various exploration projects to increase our resources and reserves. All these initiatives are carried out while maintaining a strong, low-leveraged balance sheet. This not only demonstrates our robust cash flow but also reaffirms our commitment to delivering value to our shareholders and upholding the highest standards in our ESG practices."

About Aura 360degree Mining

Aura is focused on mining in complete terms -- thinking holistically about how its business impacts and benefits every one of its stakeholders: the company, the shareholders the employees, and the countries and communities it serves. The company calls this 360degree Mining. Aura is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company's four producing assets include the San Andres gold mine in Honduras, the EPP and the Almas gold mines in Brazil, and the Aranzazu copper-gold-silver mine in Mexico. In addition, the company has the Tolda Fria gold project in Colombia and four projects in Brazil. Of these gold projects, Borborema and Matupa are in development, and Sao Francisco is on care and maintenance. The company also owns the Serra da Estrela copper project in Brazil, Carajas region, under exploration stage.

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