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Press release April 29, 2026

Alamos Gold Reports First Quarter 2026 Results

Alamos Gold Inc (AGI)

Strong margin expansion drives record cash flow from operations and solid ongoing free cash flow of $102 million All amounts are in United States dollars, unless otherwise stated. TORONTO, April 29, 2026 (GLOBE NEWSWIRE) - Alamos Gold Inc. (TSX:AGI; NYSE:AGI) (“Alamos” or the “Company”) today reported its financial results for the quarter ended March 31, 2026. “Our first quarter production was in line with guidance driven by a solid performance from the Island Gold District. Underground mining rates at Island Gold increased to a new record, and milling rates at Magino increased significantly over the past six weeks following the implementation of additional improvements. We expect all three of our operations to contribute to a 20% increase in production in the second quarter, with further growth into the second half of the year at substantially lower costs driven by the ongoing ramp up of mining rates at Island Gold. We expect this trend of growing production and declining costs to
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