Meridian discloses insider transactions

London, United Kingdom--(Newsfile Corp. - July 10, 2026) - Meridian Mining plc (LSE: MNO) (TSX: MNO) (FSE: N2E0) (Tradegate: N2E0) (OTCQX: MRRDF) ("Meridian" or the "Company") announces that, on 9 July 2026 it granted the following conditional share awards under the Meridian Mining Omnibus Incentive Plan (the "Omnibus Plan") to the following Directors and persons discharging managerial responsibilities ("PDMRs"). Awards take the form of restricted share units ("RSUs"), performance share units ("PSUs") or deferred share units ("DSUs"), as explained below.   In calculating the number of shares in the Company over which these awards have been granted, the Remuneration Committee of the Company has applied the price of CAD1.70/GBP£0.92. Any shares that vest under the CEO's RSU or PSU which are not sold to pay tax and social security liabilities will be subject to a two-year post-vesting holding period.

RSUs The Company's remuneration committee (the "Committee") has granted RSUs at 50% of salary for the CEO and 37.5% of salary for the CFO. RSUs will normally vest on the third anniversary of grant conditional upon the relevant individual's continued employment and the Committee's determination that the vesting outcome appropriately reflects the Company's underlying performance and progress during the relevant vesting period. PSUs The Committee has granted PSUs at 100% of salary for the CEO and 75% of salary for the CFO.

PSUs will normally vest on the third anniversary of grant conditional upon the relevant individual's continued employment and the Committee's determination of performance against a combination of the following measures: relative total shareholder return (75%) against a bespoke peer group of similar companies based on development stage/advanced exploration copper and copper-gold focused businesses; and strategic/operational targets (25%). DSUs The Committee has granted DSUs at 50% of the relevant director's annual fee. DSUs will normally vest in twelve equal monthly instalments conditional upon the relevant individual's continued engagement.

The actual payout or settlement of a DSU is only applicable once a Director leaves the Board. The relevant notifications set out below are provided in accordance with the requirements of the UK Market Abuse Regulation. On behalf of the Board of Directors of Meridian Mining plc Mr. Gilbert Clark - CEO and Director Meridian Mining plc 8th Floor, 4 More London Riverside London SE1 2AU United Kingdom Email: info@meridianmining.co Ph: +44 (0) 203 930 3145 (GMT) Media Enquiries: Gareth Tredway / Saskia Sizen Tel: +44 (0) 207 920 3150 Email: meridianmining@tavistock.co.uk Stay up to date by subscribing for news alerts here: https://meridianmining.co/contact/ Follow Meridian on X: https://X.com/MeridianMining Further information can be found at: www.meridianmining.co NOTIFICATION OF TRANSACTIONS OF PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES                 To view the source version of this press release, please visit https://www.newsfilecorp.com/release/304688 Newsfile Corp. July 10, 2026 - 2:06 AM PDT News by QuoteMedia www.quotemedia.com