GALIANO GOLD 2023 ANNUAL GENERAL AND SPECIAL MEETING INFORMATION

Rhea-AI Summary

Galiano Gold Inc. (GAU) will hold its Annual General and Special Meeting (AGM) virtually on June 1, 2023, at 10 am PDT. Shareholders can find details in the management information circular. The AGM agenda includes reviewing the audited financial statements for the fiscal year ending December 31, 2022, electing six directors, approving various share option plans, and appointing auditors. Current directors Paul Wright, Michael Price, Judith Mosely, Dawn Moss, Greg Martin, and Matt Badylak are nominated for re-election. Notably, Gordon Fretwell will not seek re-election after 19 years. The Company uses notice-and-access for the AGM, allowing shareholders to access documents online. Galiano Gold operates the Asanko Gold Mine in Ghana, focusing on sustainable business practices and environmental management.

Positive

• The AGM will facilitate shareholder engagement and decision-making.
• Approval of Amended Share Option Plan may enhance employee motivation and retention.
• Galiano Gold maintains a commitment to sustainability and social responsibility.

Negative

• Current director Gordon Fretwell will not stand for re-election, marking a change in the board's composition.

VANCOUVER, BC, April 25, 2023 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) advises its Annual General and Special Meeting of shareholders ("AGM") will be held virtually on Thursday, June 1, 2023 at 10 am PDT. Shareholders who intend to participate in the AGM should refer to the Company's management information circular (the "Proxy Circular") for details regarding how to participate.

The AGM is being held to: (i) receive the audited financial statements of the Company for its fiscal year ended December 31, 2022, and the report of the auditor thereon; (ii) fix the number of directors to be elected at six; (iii) elect directors of the Company for the ensuing year; (iv) approve the Amended Share Option Plan; (v) approve the unallocated entitlements under the Share Option Plan; (vi) approve the Amended Share Unit Plan; (vii) approve the unallocated entitlements under the Share Unit Plan; (viii) appoint the auditor of the Company for the ensuing year and to authorize the directors to fix their remuneration; and (ix) authorize and approve a non-binding advisory resolution accepting the Company's approach to executive compensation.

The Company has nominated six nominees for election as directors, being current directors Paul Wright, Michael Price, Judith Mosely, Dawn Moss, Greg Martin and Matt Badylak. Current director Gordon Fretwell will not be standing for re-election as a director of the Company. The Company thanks Mr. Fretwell for his 19 years of service as a director of the Company.

The Company has elected to use the notice-and-access provisions under National Instrument 51-102 – Continuous Disclosure Obligations and National Instrument 54-101 – Communication with Beneficial Owners of Securities of a Reporting Issuer for the AGM. Materials for the AGM, including the Proxy Circular, have been filed under the Company's profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov and are also available on the Company's website at: www.galianogold.com/investors/annual-meeting. Any shareholder who wishes to receive a paper copy of the Proxy Circular should contact the Company at Suite 1640, 1066 West Hastings Street, Vancouver, British Columbia, V6E 3X1, by telephone: (604) 683-8193, by telephone toll-free: 1-855-246-7341, by fax: (604) 683-8194 or by email: info@galianogold.com. A shareholder may also use the toll-free number noted above to obtain additional information about the notice-and-access provisions.

About Galiano Gold Inc.

Galiano is focused on creating a sustainable business capable of long-term value creation for its stakeholders through exploration and disciplined deployment of its financial resources. The Company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa which is jointly owned with Gold Fields Ltd. The Company is strongly committed to the highest standards for environmental management, social responsibility, and health and safety for its employees and neighbouring communities. For more information, please visit www.galianogold.com.

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SOURCE Galiano Gold Inc.

FAQ

What is the date and time of Galiano Gold's AGM in 2023?

Galiano Gold's AGM is scheduled for June 1, 2023, at 10 am PDT.

Where can I access the Proxy Circular for Galiano Gold's AGM?

The Proxy Circular can be accessed on SEDAR, EDGAR, and the Company's website.

Who are the nominated directors for Galiano Gold's AGM?

Nominated directors include Paul Wright, Michael Price, Judith Mosely, Dawn Moss, Greg Martin, and Matt Badylak.

What financial year-end does Galiano Gold's AGM report cover?

The AGM will review the audited financial statements for the fiscal year ending December 31, 2022.

Is Gordon Fretwell standing for re-election in 2023?

No, Gordon Fretwell will not be standing for re-election after 19 years of service.