Meridian Mining — Capital/Financing Update 2026

Feb 6, 2026

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Borden Ladner Gervais LLP Bay Adelaide Centre, East Tower 22 Adelaide Street West Toronto, ON, Canada M5H 4E3 T416.367.6000 F416.367.6749 bld.com

February 6, 2026

VIA SEDAR+

Ontario Securities Commission British Columbia Securities Commission Alberta Securities Commission

Dear Sirs/Mesdames:

Re: Meridian Mining plc (the "Issuer")

We refer you to prospectus supplement of the Issuer dated February 6, 2026 (the "Supplement") to the short form base shelf prospectus of the Issuer dated January 5, 2026, relating to the offering of common shares of the Issuer.

We hereby consent to the references to our firm name on the second cover page of the Supplement and under the headings "Legal Matters" and "Plan of Distribution". We also consent to the reference to and use of our firm name and opinion under the heading "Eligibility for Investment".

We confirm that we have read the Supplement and have no reason to believe that there are any misrepresentations in the information contained in the Supplement that are derived from our opinion referred to above or that are within our knowledge as a result of the services performed by us in connection with such opinion.

Yours truly,

(signed) "Borden Ladner Gervais LLP"