Aris Mining Announces Revisions to Equity Compensation Plan Ahead of Annual General Meeting

Executive Summary

• Aris Mining has revised its proposed equity compensation plans ahead of the Annual General Meeting (AGM) scheduled for May 7, 2026.
• The total aggregate number of common shares that may be issued under all equity compensation plans has been reduced from 10% to 6% of outstanding shares.
• The revision follows a determination by the Company that the initially proposed share reserves were higher than necessary.

Key Details

• Stock Option Plan: The rolling reserve for stock options has been reduced from 10% to 3%.
• PSU and RSU Plans: The combined rolling reserve for the Performance Share Unit (PSU) Plan and the Restricted Share Unit (RSU) Plan has been reduced from 5% to 3%.
• Context for Revision: The Company noted that long-term incentive awards granted in January 2026 represented approximately 0.35% of issued shares, indicating the previous reserves were excessive.
• Shareholder Action: Shareholders will be asked to approve these updated plans at the upcoming AGM on May 7, 2026.
• Regulatory Status: The Toronto Stock Exchange has granted conditional approval for the updated Stock Option Plan, PSU Plan, and RSU Plan.