Ms. Jody Kuzenko reports

TOREX GOLD ANNOUNCES RESULTS OF ITS 2025 MEETING OF SHAREHOLDERS

Torex Gold Resources Inc. has released the results of its 2025 annual and special meeting of shareholders, held virtually today.

Election of directors

At the meeting, all director nominees listed in the company's management information circular dated May 7, 2025, were elected as directors of the company. Detailed results of the vote by ballot are provided in an attached table.

Appointment of auditor

On a vote by ballot, KPMG LLP, chartered public accountants, was reappointed as the auditor of the company.

Approval of unallocated share units under the employee share unit plan

On a vote by ballot, a resolution was passed, whereby the unallocated share units under the employee share unit plan were approved and authorized until the date of the company's annual shareholders meeting to be held in 2028.

Approval of unallocated restricted share units and amendments to the restricted share plan

On a vote by ballot, a resolution was passed, whereby: (i) the unallocated share units under the restricted share plan were approved and authorized until the date of the company's annual shareholders meeting to be held in 2028; and (ii) the RSU (restricted share unit) amendment (as defined in the news release issued by the company on May 26, 2025) was approved.

Say-on-pay executive compensation

On a vote by ballot, a non-binding advisory resolution was passed accepting the approach to executive compensation disclosed in the circular and delivered in advance of the meeting.

The formal report on voting results with respect to all matters voted upon at the meeting will be filed on SEDAR+.

About Torex Gold Resources Inc.

Torex Gold is an intermediate gold producer based in Canada, engaged in the exploration, development and operation of its 100-per-cent-owned Morelos property, an area of 29,000 hectares in the highly prospective Guerrero gold belt, located 180 kilometres southwest of Mexico City.

The company's principal asset is the Morelos complex, which includes the producing Media Luna underground, ELG underground and ELG open-pit mines, the development-stage EPO underground project, a processing plant, and related infrastructure. Commercial production from the Morelos complex commenced on April 1, 2016, and an updated technical report for the Morelos complex was released in March, 2022.

Torex's key strategic objectives are: deliver Media Luna to full production and build EPO; optimize Morelos production and costs; grow reserves and resources; disciplined growth and capital allocation; retain and attract best industry talent; and industry leader in responsible mining. In addition to realizing the full potential of the Morelos property, the company is seeking opportunities to acquire assets that enable diversification and deliver value to shareholders.

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