Serabi Gold Shareholders Approve All Resolutions at June 2026 Annual General Meeting

Serabi Gold plc announces that at the Annual General Meeting (AGM) of the company held at 3:00 pm on June 18, 2026, all 15 ordinary and special resolutions proposed in the notice of meeting dated May 22, 2026, were passed by poll. Resolutions passed included the adoption of the Directors' Report and financial statements for the year ended December 31, 2025, the declaration of a final dividend of 5 pence per ordinary share for the year ended December 31, 2025, the re-election of 5 directors, the reappointment of PKF Littlejohn LLP as auditor, and the authorization of the company to allot shares up to a nominal value of 2,500,000 British pounds. Resolutions 3 and 4, relating to the Directors' Remuneration Report and Directors' Remuneration Policy, were passed as advisory resolutions with 47.66% and 49.63% in favour, respectively.

Company Overview

Serabi Gold (AIM: SRB | TSX: SBI | OTCQX: SRBIF) is a Brazilian-focused gold mining and development company operating in the Tapajos region of Para State, northern Brazil. The company's producing assets include the Palito Complex and the Coringa Mine, which together delivered record annual gold production of 44,169 ounces in 2025. Serabi Gold is advancing a Phase II growth strategy targeting a mineral resource inventory of 1.5 million to 2 million ounces of gold, supported by a 30,000-metre brownfield exploration programme continuing in 2026.

AGM Voting Results

All 15 resolutions at the June 18, 2026 AGM were passed by poll, with votes cast representing approximately 20% of Issued Share Capital (ISC). The Directors' Report and financial statements for the year ended December 31, 2025, were received and adopted, with 99.94% of votes cast in favour. The declaration of a final dividend of 5 pence per ordinary share for the year ended December 31, 2025, was approved with 99.95% of votes cast in favour.

Resolutions 3 and 4, relating to the Directors' Remuneration Report and the Directors' Remuneration Policy respectively, were passed as advisory resolutions. Resolution 3 received 47.66% of votes in favour and 52.34% against, while Resolution 4 received 49.63% in favour and 50.37% against.

Director Re-elections, Auditor Reappointment & Other Resolutions

5 directors were re-elected at the AGM. Michael Lynch-Bell was re-elected with 94.56% of votes in favour, Michael Hodgson with 96.87%, Colm Howlin with 95.83%, Luis Azevedo with 71.13%, and Deborah Gudgeon with 98.04%. PKF Littlejohn LLP was reappointed as auditor of the company with 99.82% of votes in favour, and the Audit and Risk Committee was authorised to fix the auditors' remuneration and the terms of their engagement with 99.85% in favour.

The company was authorised to allot shares up to a nominal value of 2,500,000 British pounds, with 94.15% in favour, and was unconditionally authorised to make market purchases of ordinary shares of 10 pence each under section 701 of the Companies Act 2006, with 99.74% in favour.

Next Steps

No specific forward-looking milestones were disclosed in connection with the AGM voting results. The final dividend of 5 pence per ordinary share for the year ended December 31, 2025, having been approved by shareholders, will be payable in accordance with the terms set out in the notice of meeting dated May 22, 2026.