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Regulatory press release

Lundin Gold Inc.: Lundin Gold Share Capital and Voting Rights Update

Lundin Gold
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VANCOUVER, BC, May 30, 2025 /CNW/ - Lundin Gold Inc. (TSX: LUG; Nasdaq Stockholm: LUG; OTCQX: LUGDF) ("Lundin Gold" or the "Company") reports the following in accordance with the Swedish Financial Instruments Trading Act.

As a result of the exercise of stock options and the redemption of share units issued under Lundin Gold's equity compensation plan, and the exercise of previously granted anti-dilution rights of the Company's largest shareholder during the month of May, the Company now has 241,224,518 common shares issued and outstanding with voting rights as at May 30, 2025. 

This figure may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change in their interest in, the Company under the Swedish Financial Instruments Trading Act on disclosure of major shareholdings (Transparency Rules).

Additional Information

The information in this release is subject to the disclosure requirements of Lundin Gold under the Swedish Financial Instruments Trading Act.  This information was publicly communicated on May 30, 2025 at 2:00 p.m. Pacific Time through the contact persons set out below.

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