OSISKO METALS WELCOMES VICTORIA VARGAS TO THE BOARD OF DIRECTORS

· Mar 5, 2026

Executive Summary

Osisko Metals Incorporated has appointed Victoria Vargas to its board of directors, bringing significant mining industry experience and governance expertise to the company. Vargas contributes over 25 years of knowledge spanning the mining sector and North American capital markets, with particular strength in environmental, social and governance matters. Her academic credentials include a Bachelor of Arts in Economics from Lima University and an MBA in Finance from Simon Bolivar University.

Vargas currently holds the position of Chief Financial Officer at VMS Mining and serves as a director and chair of the corporate government relations committee at Lithium Universe Canada. Her previous roles include Vice President of Investor Relations at Minera Alamos Inc. and director positions at Silver Mountain Resources Inc., where she chaired the corporate governance and nominating committee while serving on the audit committee.

The appointment comes at a strategic time for Osisko Metals as the company advances its flagship Gaspé Copper project in Quebec's Gaspé Peninsula. The project represents the largest undeveloped copper resource in eastern North America, with current Indicated Mineral Resources of 824 million tonnes averaging 0.34% copper equivalent and Inferred Mineral Resources of 670 million tonnes averaging 0.38% copper equivalent. The company acquired 100% interest in this past-producing mine from Glencore Canada Corporation in July 2023.

Osisko Metals maintains a diversified portfolio focused on critical metals, particularly copper and zinc. Beyond Gaspé Copper, the company operates through the Pine Point Mining Limited joint venture with Appian Capital Advisory LLP to advance the Pine Point project in the Northwest Territories. This zinc-focused project contains Indicated Mineral Resources of 49.5 million tonnes averaging 5.52% zinc equivalent, positioning the company across two of Canada's most significant base metal opportunities. Vargas's appointment reinforces the company's commitment to strong governance as it progresses these substantial resource assets toward development.

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Press Release

(Toronto, Ontario – March 5, 2026) Osisko Metals Incorporated (the “Company or “Osisko Metals“) (TSX: OM; OTCQX: OMZNF; FRANKFURT: 0B51) is pleased to announce the appointment of Ms. Victoria Vargas to its board of directors, effective immediately.

Ms. Vargas brings over 25 years of extensive knowledge of the mining industry and North American capital markets, and a wealth of expertise in environmental, social and governance. She has a Bachelor of Arts (Hons. Economics) from Lima (Peru) University and an MBA Finance from Simon Bolivar University in Venezuela.

Ms. Vargas currently serves as the Chief Financial Officer of VMS Mining and is a director and chair of the corporate government relations committee of Lithium Universe Canada. She previously served as Vice President Investor Relations for Minera Alamos Inc., and as a director, chair of the corporate governance and nominating committee and a member of the audit committee of Silver Mountain Resources Inc.

About Osisko Metals

Osisko Metals Incorporated is a Canadian exploration and development company creating value in the critical metals sector, with a focus on copper and zinc. The Company acquired a 100% interest in the past-producing Gaspé Copper mine from Glencore Canada Corporation in July 2023. The Gaspé Copper mine is located near Murdochville in Québec‘s Gaspé Peninsula. The Company is currently focused on resource expansion of the Gaspé Copper system, with current Indicated Mineral Resources of 824 Mt averaging 0.34% CuEq and Inferred Mineral Resources of 670 Mt averaging 0.38% CuEq (in compliance with NI 43-101). For more information, see Osisko Metals’ November 14, 2024 news release entitled “Osisko Metals Announces Significant Increase in Mineral Resource at Gaspé Copper”. Gaspé Copper hosts the largest undeveloped copper resource in eastern North America, strategically located near existing infrastructure in the mining-friendly province of Québec.

In addition to the Gaspé Copper project, the Company is working with Appian Capital Advisory LLP through the Pine Point Mining Limited joint venture to advance one of Canada‘s largest past-producing zinc mining camps, the Pine Point project, located in the Northwest Territories. The current mineral resource estimate for the Pine Point project consists of Indicated Mineral Resources of 49.5 Mt averaging 5.52% ZnEq and Inferred Mineral Resources of 8.3 Mt averaging 5.64% ZnEq (in compliance with NI 43-101). For more information, see Osisko Metals‘ June 25, 2024 news release entitled “Osisko Metals releases Pine Point mineral resource estimate: 49.5 million tonnes of indicated resources at 5.52% ZnEq”. The Pine Point project is located on the south shore of Great Slave Lake, NWT, close to infrastructure, with paved road access, an electrical substation and 100 kilometres of viable haul roads.

For further information on this news release, visit www.osiskometals.com or contact:

Don Njegovan, President Email: info@osiskometals.com Phone: 416-500-4129

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