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Lara Exploration Ltd. Audit Report / Information 2025

Nov 17, 2025

45580_rns_2025-11-17_7d86fd46-6b43-4da3-ac1e-25b4e4d33bcc.pdf

Audit Report / Information

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SRK Consulting (UK) Limited
5th Floor Churchill House
17 Churchill Way
City and County of Cardiff
CF10 2HH, Wales
United Kingdom
E-mail: [email protected]
URL: www.srk.com
Tel: +44 (0) 2920 348 150
Fax: +44 (0) 2920 348 199

British Columbia Securities Commission, as principal regulator
Alberta Securities Commission
Ontario Securities Commission
The TSX Venture Exchange

CONSENT OF QUALIFIED PERSON

I, David Robert Andrew Carruth, consent to the public filing by Lara Exploration Ltd. (the "Company") of the Technical Report dated November 14th, 2025, with an effective date of October 15th, 2025, titled "NI 43.101 Preliminary Economic Assessment for the Planalto Copper - Gold Project, Brazil" (the "Technical Report") with all Canadian Securities regulatory authorities having jurisdiction and publicly within the System for Electronic Document Analysis and Retrieval Plus (SEDAR+) and I also consent to the written disclosure of the Technical Report, and to the inclusion of extracts from or a summary of the technical Report, in written disclosure filed or being filed by the Company, including its news release titled "Lara Reports Results of Preliminary Economic Assessment for its Planalto Copper-Gold Project", dated 21st day of October 2025, (the "News Release").

I have read the News Release and the written disclosure filed by the Company and it fairly and accurately represents the information in the Technical Report.

Dated this 14th day of November 2025

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David Robert Andrew Carruth, MSc., DIC, C.Eng, MICE, CPEng, MEngNZ
Principal Consultant (Water Engineering)

Registered Address: 21 Gold Tops, City and County of Newport, NP20 4PG, Wales, United Kingdom.
SRK Consulting (UK) Limited Reg No 01575403 (England and Wales)
Group Offices: Africa Asia Australia Europe North America South America