Remuneration for Former CEO

Rhea-AI Summary

Endeavour Mining plc has announced the determination of remuneration for former CEO Sébastien de Montessus following his termination. The impact on his remuneration has been made available on the Company's website. Contact information for inquiries is also provided.

REMUNERATION FOR FORMER CEO

London, 18 January 2024 – Following Endeavour Mining plc's (LSE:EDV, TSX:EDV, OTCQX:EDVMF) (“Endeavour” or the “Company”) announcement on 4 January 2024 in relation to the termination of Sébastien de Montessus’ role with the Company, the impact on his remuneration has been determined and uploaded to the Company’s website, available here.

CONTACT INFORMATION

Martino De Ciccio Deputy CFO & Head of Investor Relations +44 203 640 8665 mdeciccio@endeavourmining.com

Brunswick Group LLP in London Carole Cable, Partner +44 7974 982 458 ccable@brunswickgroup.com

ABOUT ENDEAVOUR MINING CORPORATION

Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.

A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates. Endeavour is listed on the London and Toronto Stock Exchanges, under the symbol EDV.

For more information, please visit www.endeavourmining.com.

Neither Toronto Stock Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION

This news release contains "forward-looking statements" including but not limited to, statements with respect to Endeavour's plans for further exploration of the Tanda-Iguela property, the extent and timing of Endeavour’s drilling campaign, the timing of the updated mineral resource estimate, the estimation of mineral resources, and the success of exploration activities. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", and "anticipates". Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Endeavour operates. Although Endeavour has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedar.com for further information respecting the risks affecting Endeavour and its business.

 

Attachment

• 240118 - NR - Remuneration for Former CEO

FAQ

What is the ticker symbol for Endeavour Mining plc?

The ticker symbol for Endeavour Mining plc is EDVMF.

When was the announcement made in relation to the termination of Sébastien de Montessus' role with the Company?

The announcement was made on 4 January 2024.

Where can the impact on Sébastien de Montessus' remuneration be found?

The impact on Sébastien de Montessus' remuneration has been uploaded to the Company's website.

Who is the Deputy CFO & Head of Investor Relations for Endeavour Mining plc?

Martino De Ciccio is the Deputy CFO & Head of Investor Relations for Endeavour Mining plc.

What is the contact information for inquiries regarding the remuneration of the former CEO?

For inquiries, you can contact Martino De Ciccio at +44 203 640 8665 or email mdeciccio@endeavourmining.com.

Who can be contacted for media inquiries in London?

For media inquiries in London, Carole Cable, Partner at Brunswick Group LLP, can be contacted at +44 7974 982 458 or email ccable@brunswickgroup.com.