Alamos Gold Inc. announced the appointment of Luc Guimond as Chief Operating Officer effective September 1, 2022. As part of an established multi-year plan, Luc will succeed Peter MacPhail who will be retiring as of August 31, 2022. To support the transition, Peter will be staying with the Company as a consultant until the third quarter of 2023.

Luc Guimond has nearly 35 years of experience in the mining industry in operations management, project management, mine construction, and corporate development in Canada and Australia. He is currently Vice President of Operations at Alamos Gold. Prior to that, Luc was the General Manager of Young-Davidson where he oversaw its evolution from the development and construction stages, through to the successful completion of the lower mine expansion, resulting in record operating and financial performance in 2021.

Luc joined Northgate Minerals (a predecessor company) in 2006 as Project Manager of Young-Davidson and was later appointed Executive General Manager for Northgate Minerals' Australian operations. Prior to that, Mr. Guimond held progressively senior positions with Noranda, Hemlo Gold, Battle Mountain Gold and Newmont. Luc is a graduate of the Haileybury School of Mines and holds a Bachelor of Applied Science degree in Mining Engineering from Queen's University and is a licensed Professional Engineer in Ontario.

Peter has served as Chief Operating Officer of Alamos Gold since 2015 and has more than 35 years of operational experience in the mining industry. He held the same position with AuRico Gold and Northgate Minerals, both predecessor companies to Alamos Gold such that his history with the Company and its key assets dates back to 2004. During his time with Alamos Gold, he has overseen the growth of the Company into a diversified intermediate producer with a high-quality asset base and leading growth profile.

Peter's strong operational stewardship has positioned the Company to deliver growing production and declining costs well into the future while reducing its overall environmental footprint.