i-80 Gold Corp.

MATERIAL CONTRACTS

The following is a list of material contracts of the Corporation that have been entered into since the beginning of the last financial year of the Corporation or before the last financial year but which are still in effect, other than contracts entered into in the ordinary course of business:

•the Ruby Hill Acquisition Agreement dated September 3, 2021, between Premier, Premier USA and Waterton, as described under the heading "General Development of the Business – Three Year History – Ruby Hill Acquisition";

•the Orion Subscription Agreement dated October 14, 2021, between the Corporation and Orion Fund III, as described under the heading "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Orion Subscription Agreement";

•the Sprott Convertible Credit Agreement dated December 10, 2021, between the Corporation, Premier USA, Osgood LLC, Ruby Hill LLC, Sprott Hathaway, SAF Holdings and SAF Bullion, as described under the heading "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Sprott Convertible Credit Agreement";

•the Orion Convertible Credit Agreement dated December 13, 2021, between the Corporation, Premier USA, Osgood LLC, Ruby Hill LLC and OMF F, as described under the heading "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Orion Convertible Credit Agreement";

•the Amended and Restated Offtake Agreement dated December 13, 2021, between the Corporation, Dee LLC, Premier USA, Au-Reka LLC, Osgood LLC, Ruby Hill LLC, Premier Gold Mines Nevada Inc., OMF O and OMF CR, as described under the heading "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Amended and Restated Offtake Agreement";

•the Silver Purchase and Sale Agreement dated December 13, 2021, between the Corporation, Premier USA, Osgood LLC, Ruby Hill LLC and OMF HG, as described under the heading "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Silver Purchase Agreement";

•the Gold Prepay Agreement dated December 13, 2021 (as amended and restated), between the Corporation, Premier USA, Osgood LLC, Ruby Hill LLC and OMF HG, as described under the heading "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Gold Prepay Agreement" and "General Development of the Business – Three Year History – Orion and Sprott Financing Arrangements – Amended and Restated Gold Prepay Agreement";

•the agency agreement dated February 22, 2023 among the Corporation, Sprott Capital Partners LP, CIBC World Markets Inc., Stifel Nicolaus Canada Inc., National Bank Financial Inc., Canaccord Genuity Corp., RBC Capital Markets Inc., Scotia Capital Inc. and Cormark Securities Inc. relating to the Convertible Debenture Offering described under the heading "General Development of the Business – Three Year History – Private Placement of Convertible Debentures";

•the convertible debenture indenture dated February 22, 2023 between the Corporation and TSX Trust Company relating to the Convertible Debenture Offering described under the heading "General Development of the Business – Three Year History – Private Placement of Convertible Debentures";2

•the arrangement agreement dated February 26, 2023 between the Corporation and Paycore relating to the Paycore Arrangement described under the heading "General Development of the Business – Three Year History – Paycore Arrangement"; and

•the underwriting agreement dated August 1, 2023 among the Corporation, CIBC World Markets Inc., Canaccord Genuity Corp., National Bank Financial Inc., SCP Resource Finance LP, Stifel Nicolaus Canada Inc., BMO Nesbitt Burns Inc., Cormark Securities Inc., RBC Dominion Securities Inc. and Scotia Capital Inc. relating to the private placement of Common Shares described under the heading "General Development of the Business – Three Year History – Private Placement of Common Shares".

Copies of the above material contracts are available for review under the Corporation's issuer profile on SEDAR+ at www.sedarplus.ca.