Hummingbird Resources : Corporate presentation update

HUMMINGBIRD RESOURCES PLC

CORPORATE UPDATE - December 2021

Disclaimer

These presentation slides have been prepared by, and are the sole responsibility of, the directors of Hummingbird Resources plc ("Hummingbird Resources" or the "Company"). Those directors have taken all reasonable care to ensure that the facts stated herein are true to the best of their knowledge, information and belief. The information in this document is subject to updating, revision and amendment. This document neither constitutes nor forms nor should be constructed as constituting or forming part of any offer or invitation to sell or any solicitation of any offer to purchase or to subscribe for any securities in Hummingbird Resources or any other body corporate or an invitation or inducement to engage in investment activity under section 21 of the UK Financial Services and Markets Act 2000 nor shall it or any part of it form the basis of or be relied on in connection with any contract therefore. This document does not constitute an invitation to effect any transaction with Hummingbird Resources nor to make use of any services provided by Hummingbird Resources. No reliance may be placed for any purpose whatsoever on the information contained in this document nor on assumptions made as to its completeness. No representation or warranty, express or implied, is given by Hummingbird Resources, any of its subsidiaries or any of its respective advisers, officers, employees or agents, as to the accuracy, fairness or completeness of the information or opinions contained in this document or expressed in the presentation and, no liability is accepted for any such information or opinions (which should not be relied upon) or for any loss howsoever arising, directly or indirectly, from any use of this document or its contents or information expressed in the presentation.

The information and opinions contained in this document and the presentation are provided as the date of this document and the presentation and are subject to change without notice.

This presentation contains forward-looking statements that are based on Hummingbird Resources' current expectations and estimates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Any forward-looking statement speaks only as of the date on which it is made and Hummingbird Resources disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. Forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to the inherent uncertainty therein.

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Hummingbird Resources plc: An overview

Producing asset at Yanfolila, Mali 1	Clear growth strategy
2021 production: 84,000 - 89,000 oz	Targeting +200 koz annual production
2022 focus on increasing cash flow	from Mali & Guinea in 2023/24
generation & operational improvement
Material exploration upside	Multi asset & jurisdiction asset base
c.68,000 m drilling in Mali & Guinea in	1 producing & 2 development assets
2021 achieving high-grade results &	in 3 West African countries: Mali;
planning underway for 2022	Guinea; & Liberia
Kouroussa Gold Mine, Guinea	Dugbe Gold Mine, Liberia 2
In development	DFS scheduled Q2 2022
Group c.US$100 million finance facility	Updated MRE of 4.0 Moz with 3.4
in place to fund	Moz in Measured & Indicated
First gold pour scheduled end Q2 2023
ESG policy	Material Resources & Reserves 3
ESG policy & procedures central to the	7.1Mozs Resources & 1.12 Mozs in
Company's strategy	Reserves with upside potential

1. See release 15 December 2021: Yanfolila Mine Operational Update
2. See release 22 November 2021: Dugbe MRE update
3. See releases 8 June 2020: Kouroussa MRE update | 30 March 2021: Yanfolila MRE update |
   22 November 2021: Dugbe MRE update | 25 November 2021: Company Reserve Statement Update

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Hummingbird Resources plc: +7.1 Moz Resources & 1.12 Moz Reserves with upside potential

	RESOURCES1				TOTAL RESOURCES1	RESERVES2
Project	Indicated			Inferred			Proven & portable
	koz	g/t		koz	g/t		koz		g/t
Yanfolila	1,475	2.55		454	1.79	1,929	706		2.57
Kouroussa	625	3.36		553	2.81	1,179	409		4.38
Dugbe	3,396	1.30		617	1.13	4,013
Total	5,497			1,624		7,121	1,115		3.03

PATHWAY TO GROUP RESERVES GROWTH +10 year Reserves targeted at each asset

Q2 2022 Company Resources & Reserves Update

To include 2021 Company drilling data of c.68,000 m

Q2 2022 Dugbe DFS with material Reserves upside 3

From defined 3.4 Mozs Measured & Indicated current Resources

1. See releases 8 June 2020: Kouroussa MRE update | 30 March 2021: Yanfolila MRE update | 22 November 2021: Dugbe MRE update
2. See release 25 November 2021: Company Reserve Statement

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Hummingbird Resources plc: Company ESG focus areas

Local stakeholder engagement

Responsible mining

Environmental sustainability

COMMUNITY

We are committed to leaving a lasting positive legacy for those living in the communities where we operate. We look to support leaders and representatives from all stakeholders on an ongoing basis

EMPLOYEE

Our employees are central to our success and we are dedicated to building a team of committed and responsible employees, seeking to treat every individual as a respected and valued part of our community. To date our Yanfolila workforce is 29% Local, 95% National and 5% Expats with a strong focus on local and national hiring in place at Kouroussa, Guinea.

ZERO HARM APPROACH

Hummingbird is dedicated to ensure the safe working of its operations across its portfolio. We aim to achieve Zero Harm with every employee, contractor and visitor returning home safely each day.

SINGLE MINE ORIGIN

Hummingbird is a founding member of Single Mine Origin ("SMO"). SMO provides a traceable and auditable chain of custody of gold produced from a responsibly operated mine to the end product: www.singlemineorigin.com

WORLD GOLD COUNCIL

RESPONSIBLE GOLD MINING PRINCIPLES

Hummingbird is a member of the WGC and signed up to commit to their RGMPs which are industry leading responsible gold mining standards, requiring an annual independent audit assurance report which ensures compliance.

CORE FOCUS

Our ESG policies and management systems sit at the core all our projects.

BIODIVERSITY, LAND USE & MINE CLOSURE

We will work to ensure the ecosystems and environment we work in is protected from damage, repatriated and will plan for responsible mine closure.

WATER, ENERGY AND CLIMATE CHANGE

We will strive to improve the efficiency of our use of water and energy, recognising that the

impacts of climate change and water constraints may increasingly become a threat.

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