Aris Mining Corporation announced the appointment of Gonzalo Hernndez Jimnez and Germn Arce Zapata as independent directors effective immediately. Mr. Hernndez has been appointed to the Audit Committee and Sustainability Committee, and Mr. Arce has been appointed to the Compensation Committee. The two appointments follow the unexpected passing of Mr. Hernan Martinez in late 2023, a Director of the Company and its predecessors since 2011.

Mr. Martinez will be dearly missed. Mr. Hernndez holds a Ph.D. in Economics from the University of Massachusetts-Amherst, is an Economist from the Universidad Javeriana, and currently is a Professor of its Department of Economics. Mr. Hernndez is a director of Ecopetrol, Colombia's largest and primary oil and gas company.

He is also a director of Financiera de Desarrollo Nacional (FDN), a Colombian development bank specializing in infrastructure. Mr. Hernndez has held the position of Technical Vice Minister of Finance and Public Credit. He was also a member of the Board of Directors of Bicentenario S.A.S., and the Administrator of Resources of the General System of Social Security in Health (ADRES).

He has held the positions of chair of the Department of Economics and research director at Universidad Javeriana. Mr. Arce is the President of the Trust Association and former President of the National Trade Council of Colombia. Mr. Arce holds an M.Sc.

in International Securities, Investment and Banking from the University of Reading in the United Kingdom and a B.A. in Economics from the Universidad del Valle. Mr. Arce has also held the following prominent positions within the Colombian government and regulatory bodies: //st Minister of Colombia's Mines and Energy (2016-2018) Manager of the National Adaptation Fund (2014-2016) - a fund controlled by the Colombian Ministry of Finance to manage climate change impacts President of Colombia's National Hydrocarbons Agency (2013) Colombian Vice Minister of Finance (2011-2013) Colombian General Director of Public Credit (2010-2011) Additionally, Mr. Arce has been a member of the Board of Directors of the Colombian National Hydrocarbons Agency (ANH), National Mining Agency (ANM), National Infrastructure Agency, Mining and Energy Planning Unit, and Colombian Geological Service. He was also the president of the Energy and Gas Regulatory Commission.

Previous to his public sector roles, Mr. Arce spent 18 years working in the financial markets and investment banking industries.