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ONGOLD RESOURCES LTD. Board/Management Information 2026

May 20, 2026

48357_rns_2026-05-20_4c5be576-e4fb-4760-8192-13f57bc019c0.pdf

Board/Management Information

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Form 51-102F3

MATERIAL CHANGE REPORT

Item 1 Name and Address of Company

ONGold Resources Ltd. (the "Company" or "ONGold")
1410-120 Adelaide St. West
Toronto, Ontario M5H 1T1

Item 2 Date of Material Change

May 8, 2026.

Item 3 News Release

The news release dated May 8, 2026 was filed on SEDAR+ and disseminated via Newsfile.

Item 4 Summary of Material Change

The Company announced the resignation of Gregory Duras as Chief Financial Officer and Corporate Secretary effective May 7, 2026, and the appointment of Soo-Whan Kim as Chief Financial Officer and Corporate Secretary effective May 8, 2026.

Item 5 Full Description of Material Change

The Company announced that Gregory Duras is no longer serving as Chief Financial Officer and Corporate Secretary of the Company, effective May 7, 2026.

The Company has appointed Soo-Whan Kim, previously its Corporate Controller, as Chief Financial Officer and Corporate Secretary, effective May 8, 2026. In this role, Mr. Kim will continue to lead the Company's financial reporting and accounting functions, ensuring continuity as ONGold advances its strategic initiatives.

Mr. Kim is a Chartered Professional Accountant and has held senior finance roles including Controller and Corporate Controller positions and has served as the chief financial officer of other public companies.

Item 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102

Not applicable.

Item 7 Omitted Information

Not applicable.

Item 8 Executive Officer

Kyle Stanfield
Chief Executive Officer & Director
Telephone: 1 (855) 525-0992
Email: [email protected]

Item 9 Date of Report

May 20, 2026