Meridian Mining — Capital/Financing Update 2026

Feb 6, 2026

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Osler, Hoskin & Harcourt LLP

Suite 3000, Bentall Four 1055 Dunsmuir Street Vancouver, British Columbia, Canada V7X 1K8 778.785.3000 MAIN 778.785.2745 FACSIMILE

February 6, 2026 Vancouver

TO: British Columbia Securities Commission Toronto

AND TO: Alberta Securities Commission Montréal

Ontario Securities Commission Calgary

Dear Sirs/Mesdames: Ottawa

New York

Meridian Mining plc (the "Issuer") – Prospectus supplement dated February 6, 2026 (the "Prospectus Supplement")

We refer you to the Prospectus Supplement to the short form base shelf prospectus dated January 5, 2026 of the Issuer.

In the Prospectus Supplement, reference is made to the name of this firm under the headings "Plan of Distribution", "Legal Matters", to the opinions of this firm under the heading "Eligibility for Investment" and with respect to the appointment as agent for service of process. We hereby consent to being named in the Prospectus Supplement and to the use of our opinions.

We also confirm that we have read the Prospectus Supplement and that we have no reason to believe that there are any misrepresentations in the information contained in it that are: (i) derived from our opinions referred to above, or (ii) within our knowledge as a result of the services we have performed in connection with our opinions referred to above.

Yours very truly,

(signed) "Osler, Hoskin & Harcourt LLP"

Osler, Hoskin & Harcourt LLP