Azimut Exploration Inc. announced that at the Annual General Meeting of shareholders held on February 23, 2024, Mrs. Vanessa Laplante was elected as a director to join the Board and the Company anticipates the valuable contribution she will bring. The Board of Directors also wishes to acknowledge the remarkable participation and commitment to the Company by Mrs. Angelina Mehta, who did not stand for reappointment. Vanessa Laplante brings over 32 years of experience in management, finance, and taxation, including 18 years in the mining industry.

She is a leader in her specialized field, mining taxation. From 2021 to 2023, she served as the President of the Board of Directors for the Quebec Mining Association, becoming the second woman in the history of QMA to hold this position. During her tenure, she chaired the taxation committee for over 10 years.

Mrs. Laplante has developed her expertise within major Canadian gold producers. She held the position of Director of Tax and the Montreal office as well as Treasurer for the Canadian Malartic Partnership, a company formerly owned by Agnico Eagle Mines Ltd. and Yamana Gold Inc. and operating the Canadian Malartic and Odyssey mines from 2014 to 2023. She has also held similar roles and made significant contributions at Osisko Mining Corporation from 2010 to 2014, Iamgold Corporation, and Cambior Inc. from 2006 to 2010.

She is an independent director and Chair of the Audit Committee at Critical Elements Lithium Corporation since 2022. She was a member of the advisory committee on the simplification of the mining royalty regime formed by the Quebec Ministry of Natural Resources from 2015 to 2019. Ms. Laplante holds the ASC, C.Dir.

designation - Certified Corporate Director of the University Laval Certification Program in Corporate Governance. She also holds a bachelor?s degree in business administration from the University of Sherbrooke and is a member of the Ordre des comptables professionnels agréés du Québec (CPA designation).