Collective Mining CNL

Ned Jalil is a seasoned mining executive with over 25 years of global experience across gold, silver, and key battery metals including copper and nickel. Ned has successfully led projects from exploration through to feasibility, construction and production. Ned has held senior executive roles with Kinross Gold (Kinross) and Appian Capital (Appian). As Chief Technical Officer at Kinross, Ned was instrumental in advancing key assets including the Great Bear project, where he delivered a 5-million-ounce initial resource, and Manh Choh, where he led a team that transitioned the asset from study to construction. At Appian, Ned led the construction and operational readiness of the MVV Copper-Gold Project, completing it ahead of schedule and under budget. Ned holds an MBA from the Kellogg-Schulich Executive MBA Program, along with Bachelor and Master degrees in mining engineering from Queen's University. He is a licensed Professional Engineer and a qualified person under National Instrument 43-101 and brings a strong foundation of technical and academic excellence to his leadership roles. On April 21, 2025, the Company implemented changes to its executive management team with the appointment of Ned Jalil as Chief Executive Officer.

Ari Sussman, Executive Chairman of the Company (2021 to Present); Chief Executive Officer of Continental Gold Inc. (2010 to 2020).

Paul Begin, Chief Financial Officer and Corporate Secretary of the Company (2021 to Present); Chief Financial Officer of Continental Gold Inc. (2011 to 2020).

Omar Ossma, President and Chief Executive Officer of the Company (2021 to Present); Vice President, Legal of Continental Gold Inc. (2015 to 2020). Mr. Omar Ossma, the President of the Company, was the former Vice President, Legal of Continental Gold, and has over 20 years of legal experience in Colombian corporate, environmental, mining and energy law. As Vice President, Legal of Continental Gold, he oversaw the Colombian legal team and was responsible for all legal support efforts in the country.

Ashwath Mehra, Chief Executive Officer of ASTOR Management AG (2011 to Present). Mr. Ashwath Mehra is a seasoned executive with over 35 years' experience in the mineral industry. Mr. Mehra spent many years in the commodity trading and mining business as well as owning, buying and selling companies globally. Mr. Mehra is a seasoned executive with 35 years of global experience in the minerals industry. Mr. Mehra is an economist by training and received his BSc (Econ) in Economics and Philosophy from the London School of Economics. He is the CEO of the ASTOR Group, a private investment and advisory business, working in the fields of mining, technology, biotech and real estate. He spent many years in the commodity trading and mining business as well as owning, buying and selling companies. He is a director of several companies, both public and private in both executive and non-executive roles. Together, these experiences provide relevant expertise in financial analysis and capital markets, commodity-price risk and mining economics, corporate governance and financial reporting, and evaluation of financial statements and business risks. He also devotes significant time to non-profit activities in the fields of education and healthcare. Most recently, Mr. Mehra was Executive Chairman of GT Gold, a company he founded and sold to Newmont Corporation generating a significant return to GT Gold shareholders.

Ms. Angela Maria Orozco Gomez, Professional Board Member; Minister of Transport and Infrastructure, Colombia (2018 - 2022). Mrs. Angela Maria Orozco Gomez, an independent director of the Company, is a resident of Colombia and has 30 years of government and international experience. Most recently, Mrs. Orozco Gomez was the Minister of Transport and Infrastructure, Colombia where she led various initiatives that secured public and private investments in the transportation and infrastructure industries. Mrs. Orozco Gomez has also been a partner in various private ventures that helped to represent industries in international trade disputes.

Ms. Maria Constanza Garcia Botero, General Coordinator, Metro Linea 1 (2021 - Present); General Coordinator, Urban Development Institute (2021); Director of Education at Semana (2020); Under-Secretary of Access and Permanence with the Colombian Education Secretary (2019 to 2020); Manager at Deloitte (Bogota, Colombia) (2018 to 2019). Ms. Maria Constanza Garcia Botero, an independent director of the Company, is a resident of Colombia, and has worked in public finance, urban development, infrastructure, mining, energy, and public-private partnerships (PPPs) as an advisor or in various management positions at the National Planning Department, the Ministry of Finance, and the National Hydrocarbons Agency. From 2010 to 2012 she served as the Deputy Minister of Infrastructure at the Ministry of Transport (Colombia), and from 2012 to 2014, served as President of the National Mining Agency, Ministry of Mining and Energy (Colombia). Ms. Garcia Botero has worked in public finance, urban development, infrastructure, mining, energy, and public-private partnerships (PPPs) as an advisor or in various management positions at the National Planning Department, the Ministry of Finance, and the National Hydrocarbons Agency. From 2010 to 2012 she served as the Deputy Minister of Infrastructure at the Ministry of Transport (Colombia), and from 2012 to 2014 served as President of the National Mining Agency, Ministry of Mining and Energy (Colombia). More recently, Ms. Garcia Botero was a senior manager with Deloitte in Bogota, Colombia (2018-2019), Under-Secretary of Access and Permanence with the Education Secretary in Bogota, Colombia (June 2019 - January 2020), Director of Education at Semana, a weekly periodical magazine of opinion and analysis in Colombia (January 2020 - December 2020) and coordinator for the Carrera Septima upgrade project in a Green Corridor at the Institute for Urban Development IDU in Bogota (2021). She currently works as general coordinator of Metro Linea 1, a consortium in charge of design, construction and operation of the first metro line in Bogota. Together, these qualifications provide relevant experience in financial analysis of large capital projects, understanding corporate financial reporting processes, regulatory and fiscal frameworks affecting mining companies, and governance and financial oversight of infrastructure and resource projects. Ms. Garcia Botero graduated from the Technological University of Pereira, Colombia obtaining a degree in industrial engineering, then obtained a diploma in socio-economic evaluation of projects at Universidad de los Andes, Bogota. She later obtained two master's degree in Urban and Regional Development Administration and Public Policy from Ohio State University.

Mr. Rusell Evans, Executive Vice President Exploration of the Company (2026 to Present); Vice President Exploration of Vedanta Limited (2025 t0 2026); Director - Generative Exploration Latin America of Newmont Corporation (2012 to 2025). On March 1, 2026, the Company announced the appointment of Mr. Russell Evans as Executive Vice President Exploration. Mr. Evans brings international leadership and experience to Collective in mineral exploration and mining, having held senior roles at Newmont Mining Limited and Vedanta/Hindustan Zinc Limited. Mr. Evans holds a B.Sc. degree in Applied Geology (Hons.) from University of Technology in Sydney, Australia, and is a Fellow of the Australian Institute of Mining and Metallurgy (FAusIMM).

Jasper Bertisen, Professional Board and Advisory Board Member; Investment Committee Member, former Partner, and other roles with Resource Capital Funds (2004 - Present). Mr. Jasper Bertisen is a seasoned leader in the mining industry with a proven track record of successfully driving strategic initiatives. He has spent the majority of his career in mining private equity with Resource Capital Funds, overseeing due diligence and strategy execution for investments spanning development-stage to producing assets across various commodities and global markets including in Colombia. Mr. Bertisen is a seasoned leader in the mining industry with a proven track record of successfully driving strategic initiatives. He has spent the majority of his career in mining private equity with Resource Capital Funds, overseeing due diligence and strategy execution for investments spanning development-stage to producing assets across various commodities and global markets. As a former Partner at Resource Capital Funds, he oversaw an $800 million portfolio and contributed to more than $3.5 billion in capital raised. Together, these qualifications provide a foundation for overseeing financial reporting, asset valuation and impairment, audit process, and financial controls and disclosure. In addition, with extensive governance experience, Jasper served on the boards of both private and public mining companies, as well as on the advisory boards of several mining technology companies. He is also an Adjunct Professor at the Colorado School of Mines and holds M.Sc. degrees in Mining Engineering and Mineral Economics.

On January 19, 2026 the Company appointed Mr. Carlos Andres Santos as Executive Vice President. Mr. Santos brings more than two decades of senior leadership experience in strategy, operations, transformation and corporate services across the Americas, with a strong track record in Colombia's resource sector. Most recently, he served as CEO of Americas Business Services at Holcim / Amrize, where he spearheaded the region's growth and cash-generation strategy across markets from Canada to Argentina. In this role, he led a team of over 1,400 employees and held full accountability for finance, procurement, sales, human resources and data management. Prior to Holcim / Amrize, Mr. Santos held key executive positions at Ecopetrol S.A., Colombia's largest integrated energy company, including being the Vice President of Supply Chain & Shared Services. At Ecopetrol S.A., Mr. Santos directed large-scale strategic organizations with substantial budgets, driving efficiency, transparency and sustainability initiatives. Mr. Santos holds a degree in economics from Universidad Externado de Colombia and has completed postgraduate studies in international economics. Principal Occupation: Executive Vice President of the Company (2026 to Present); Chief Executive Officer Americas Business Services of Holcim / Amrize (2023 to 2026); VP Supply Chain and Shared Services of Ecopetrol (2016 to 2023).