Equinox Gold Corp.

RECENT DEVELOPMENTS

•Provided 2024 production and cost guidance of 660,000 to 750,000 ounces of gold at cash costs of $1,340 to $1,445 per oz and AISC of $1,630 to $1,740 per oz(1)

•Provided 2024 sustaining and non-sustaining expenditure guidance of $424 million

◦$212 million of sustaining expenditures, of which $196 million is sustaining capital expenditures(1)

◦$213 million of non-sustaining expenditures, of which $205 million is non-sustaining capital expenditures

◦Non-sustaining capital expenditures includes $95 million to advance Greenstone through to commercial production

•Since January 1, 2024, the Company has issued 5.0 million common shares under the ATM Program at an average share price of $4.56 per common share for total gross proceeds of $22.9 million

(1)Cash costs per oz sold, AISC per oz sold, sustaining capital expenditures, adjusted net income, adjusted EBITDA, adjusted EPS, and net debt are non-IFRS measures. See Non-IFRS Measures and Cautionary Notes.

(2)Total recordable injury frequency rate and significant environmental incident frequency rate are both reported per million hours worked. Total recordable injury frequency rate is the total number of injuries excluding those requiring simple first aid treatment.