Mr. Michael Hodgson reports

SERABI GOLD FILES NI 43-101 TECHNICAL REPORT FOR THE PALITO COMPLEX

Serabi Gold PLC has publicly filed its detailed technical report of its updated mineral resource estimate and mineral reserve estimate for its 100-per-cent-owned Palito complex, located in Para state, Brazil, within the Tapajos region. The technical report is dated Sept. 3, 2025, effective March 31, 2025, and supports the scientific and technical disclosure in the mineral reserve estimate and mineral resource estimate (see July 31, 2025, press release).

The technical report is titled "Palito Mining Complex, NI 43-101 Technical Report, Para State, Brazil," and was prepared by NCL Ingenieria y Construccion SpA of Santiago, Chile, for the project and has been reviewed and approved by the following qualified persons under National Instrument 43-101, Standards of Disclosure for Mineral Projects, in accordance with the rules of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), which is an internationally recognized standard pursuant to the AIM (Alternative Investment Market) rules.

Qualified persons:

• Carlos Guzman, RM CMC, FAusIMM, principal/project director, NCL;
• Gustavo Tapia, RM CMC, metallurgical and process consultant, GT Metallurgy;
• Nicolas Fuster, RM CMC, MAusIMM, geologist.

The full technical report is available under the corporation's profile on SEDAR+ and on the corporation's website.

About Serabi Gold PLC

Serabi Gold is a gold exploration, development and production company focused on the prolific Tapajos region in Para state, northern Brazil. The company has consistently produced 30,000 to 40,000 ounces per year with the Palito complex and is planning to double production in the coming years with the construction of the Coringa gold project. Serabi Gold recently made a copper-gold porphyry discovery on its extensive exploration licence. The company is headquartered in the United Kingdom with a secondary office in Toronto, Ont., Canada.

Qualified person statement

The scientific and technical information contained within this announcement has been reviewed and approved by Michael Hodgson, a director of the company. Mr. Hodgson is an economic geologist by training with over 30 years of experience in the mining industry. He holds a BSc (honours) in geology from the University of London and an MSc in mining geology from the University of Leicester, and he is a fellow of the Institute of Materials, Minerals and Mining and a chartered engineer of the Engineering Council of United Kingdom, recognizing him as both a qualified person for the purposes of NI 43-101 and by the AIM Guidance Note on Mining and Oil & Gas Companies dated June, 2009.

We seek Safe Harbor.