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GoldQuest Mining Corp. Board/Management Information 2026

Mar 5, 2026

42490_rns_2026-03-05_61bb8e1e-458d-48c0-9206-83240bfd3d89.pdf

Board/Management Information

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FORM 51-102F3 MATERIAL CHANGE REPORT

Item 1: Name and Address of Company

GoldQuest Mining Corp. (the " Company

Item 2: Date of Material Change

February 26, 2026

Item 3: News Release

A news release announcing the material change was disseminated on February 26, 2026 through the facilities of Newsfile Corp. A copy of the news release has been filed under the Company's profile on SEDAR+.

Item 4: Summary of Material Change

On February 26, 2026, the Company announced the appointments of Coille Van Alphen and Jose Michelen to the Company's board of directors (the " Board "), effective immediately, to fill the vacancies created by the resignations of Bill Fisher and Julio Espaillat from the Board.

Item 5: Full Description of Material Change

5.1 Full Description of Material Change

On February 26, 2026, the Company announced the appointments of Coille Van Alphen and Jose Michelen to the Board, effective immediately.

The Company also announced the resignations of Bill Fisher and Julio Espaillat from the Board.

5.2 Disclosure for Restructuring Transactions

Not applicable.

Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102

Not applicable.

Item 7: Omitted Information

Not applicable.

Item 8: Executive Officer

For further information, please contact Luis Santana, Chief Executive Officer of the Company at (809) 224-0629

Item 9: Date of Report

March 5, 2026