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……………………………………….…1………………….....………..............…2……………………………..3………….………………………………………6……………………………………..….………………...7 Total Working Hours………………………………..............7 Maintaining a Safe Workplace………………….............7 Hazard and Risk Assessment………………………………..8 Maintaining a Healthy Lifestyle………………..............9 Road Safety……………………………………………...….…..….9…………………………….……...…..........................10 The Permitting Process……………………………………….11 Water Stewardship……………………………………………..11 Environmental Compliance…………………………………12 Biodiversity…………………………………………………………12 Tailings Management……………………………..............13……………………………….………………………….………………14 Diversity & Inclusion……………………………................15 Learning and Development..…………………..............16 Employee Engagement..…………………………………….16 Employee Turnover…………………..……………………….16…………………………………….…..….…………………….17 Partnership with the Cree Nation.….…….…………….17 Community Donations & Sponsorships.................18 Community Engagement…………………………………….19 Local Procurement……………………………...................19

This report may contain “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, statements regarding the impact of the ongoing drill program and results on the Company, the possible economics of the project and the Company’s understanding of the project; the development potential and timetable of the project; the estimation of mineral resources; realization of mineral resource estimates; the timing and amount of estimated future exploration; the anticipated results of the Company’s ongoing 2023 drill program and their possible impact on the potential size of the mineral resource estimate; costs of future activities; capital and operating expenditures; success of exploration activities; the anticipated ability of investors to continue benefiting from the Company’s low discovery costs, technical expertise and support from local communities. Generally, forward-looking statements can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “continue”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “will”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are made based upon certain assumptions and other important facts that, if untrue, could cause the actual results, performances or achievements of Troilus to be materially different from future results, performances or achievements expressed or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which Troilus will operate in the future. Certain important factors that could cause actual results, performances or achievements to differ materially from those in the forward-looking statements include, amongst others, currency fluctuations, the global economic climate, dilution, share price volatility and competition. Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of Troilus to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: there being no assurance that the exploration program will result in expanded mineral resources; risks and uncertainties inherent to mineral resource estimates; the impact the COVID 19 pandemic may have on the Company’s activities (including without limitation on its employees and suppliers) and the economy in general; the impact of the recovery post COVID 19 pandemic and its impact on gold and other metals; the receipt of necessary approvals; general business, economic, competitive, political and social uncertainties; future prices of mineral prices; accidents, labour disputes and shortages; environmental and other risks of the mining industry, including without limitation, risks and uncertainties discussed in the most recent Technical Report and in other continuous disclosure documents of the Company available under the Company’s profile at www.sedar.com. Although Troilus 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. Troilus does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.

²Val-d’OrChibougamauMontreal

•••We aim to maintain a productive and supportive work environment that is based on mutual respect fairness and integrity.We aim to operate a safe and healthy workplace that is injury free and enhances the well-being of employees.We aim to contribute to the social and economic development of sustainable communities to ensure a legacy of improvement.We aim to eliminate, minimize and mitigate impacts of our operations on the environment to maintain its viability and diversity.

Troilus’ Code of Business Conduct and Ethics outlines the principles of conduct and ethics to be followed by our employees, officers, and directors. Its purpose is to encourage honest and ethical behaviour, avoid conflicts of interest, ensure accurate and transparent disclosure in reports and communications, comply with applicable laws and regulations, and promote a culture of accountability and integrity within the Corporation. The Code applies to all employees, officers, directors and consultants working with Troilus and is in accordance with all applicable laws, rules, and regulations to the highest ethical standards.Troilus maintains a strong Corporate Disclosure, Confidentiality, and Insider Trading Policy, complying with Canadian securities laws and stock exchange regulations. We prioritize transparent and timely disclosure, preventing selective disclosure of material changes to analysts and investors, and strictly enforcing insider trading prohibitions. Preserving the confidentiality of Undisclosed Material Information is crucial, and its integration into our ESG Report demonstrates our commitment to responsible governance and ethical practices, fostering trust with stakeholders and investors.The Anti-Bribery and Anti-Corruption Policy is a commitment to comply with all anti-bribery and anti-corruption laws in the jurisdictions Troilus operates. All directors, officers, employees, and representatives are strictly prohibited from engaging in bribery or corrupt activities in any shape or form. The policy communicates and monitors compliance, with annual reviews and clear reporting mechanisms for violations. The Whistleblower Policy establishes procedures for receiving and handling complaints related to accounting, internal controls, auditing matters, or violations of the Corporation's Code of Business Conduct and Ethics. It allows employees to submit concerns anonymously and confidentially. The policy prohibits discrimination, harassment, or retaliation against anyone reporting such complaints or assisting in related investigations or proceedings. All employees, directors, and officers are responsible for maintaining a workplace free from any form of prohibited conduct outlined in the policy, and no one has the authority to engage in such behaviour.

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