Lundin Gold (LUG) AGM 2025 summary

Opening remarks and agenda

• Meeting held in hybrid format to increase shareholder participation, with both online and in-person attendance in Vancouver.

• Agenda included receipt of 2024 financial statements, auditor reappointment, director elections, say-on-pay vote, and approval of amended equity compensation plan.

• Chair and Secretary roles confirmed, and scrutineer appointed for vote oversight.

Board and executive committee updates

• Nominations for nine directors were made, with no additional nominations received from shareholders.

• Election of directors conducted by ballot, with results to be included in meeting minutes and posted online.

Shareholder proposals

• Shareholders considered a non-binding advisory resolution on executive compensation, as detailed in the circular.

• Approval of amendments to the omnibus incentive plan, authorizing issuance of up to 12,036,290 common shares.