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Collective Mining Ltd. Proxy Solicitation & Information Statement 2025

May 20, 2025

47675_rns_2025-05-20_65b1d789-812f-41fe-9c59-d03aa96e2176.pdf

Proxy Solicitation & Information Statement

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TMX THE FUTURE IS YOURS TO SEE.

TSX TRUST COMPANY

VIA ELECTRONIC TRANSMISSION

May 20, 2025

TO ALL APPLICABLE EXCHANGES AND COMMISSIONS:

RE: COLLECTIVE MINING LTD.

We are pleased to confirm that copies of the following proxy-related materials were mailed on May 16, 2025 to the Registered Securityholders and to the Non-Objecting Beneficial Owners ("NOBO"):

Proxy with Request for Financial Statements - Registered Securityholders
Voting Instruction Form with Request for Financial Statements - NOBOs
Notice of Meeting Combined with Information Circular
Proxy Return Envelope

Yours truly,

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Collective Mining Ltd. — Proxy Solicitation & Information Statement 2025

47675_rns_2025-05-20_65b1d789-812f-41fe-9c59-d03aa96e2176.pdf

TSX TRUST COMPANY

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Collective Mining Ltd. Proxy Solicitation & Information Statement 2025