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Sienna Corporate Update

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Sienna Corporate Update

Executive Summary

Sienna Resources Inc. has implemented a significant equity compensation program, granting a combined 4.525 million equity instruments to key personnel. The package consists of 1.475 million stock options exercisable at 12 cents per share with a 12-month term, and 3.05 million restricted share units that vest after one year from the grant date.

The equity grants were distributed among the company's directors, officers, and consultants under Sienna's established omnibus equity incentive plan, ensuring compliance with TSX Venture Exchange policies. The exercise price of 12 cents per share for the options provides insight into current market valuation expectations for the company's shares.

This compensation structure represents a standard approach to executive and director remuneration in the junior resource sector, designed to align management interests with shareholder value creation. The one-year vesting period for RSUs and 12-month option term creates retention incentives while providing performance-based compensation tied to share price appreciation.

For Sienna Resources, this equity issuance reflects ongoing efforts to maintain competitive compensation packages necessary to retain key talent in the competitive mining sector. The grants also indicate the company's confidence in its strategic direction and future prospects, as management and directors accept equity-based compensation tied to the company's share performance.
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Press Release

VANCOUVER, BC, March 25, 2026 – Sienna Resources Inc. (TSX.V: SIEN) (FSE: A418KR), (the “Company” or “Sienna”) wishes to announce that it has granted a total of 1.475 million stock options to its directors and consultants at an exercise price of twelve cents per share for a period of 12 months. The Company also granted a total of 3.05 million restricted share units (RSUs) to its directors, officers and consultants. The RSUs vest in one year from the date of grant. The options and the RSUs have been granted and vest in accordance with the Company’s omnibus equity incentive plan and the policies of the TSX Venture Exchange therefore aligning management with the shareholders of the Company.

Contact Information Tel: 604-646-6900 www.siennaresourcesinc.com

“Jason Gigliotti” President Sienna Resources Inc.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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