Unigold Inc. — Remuneration Information 2026

Jan 5, 2026

FORM 51-102F3

MATERIAL CHANGE REPORT

Item 1 Name and Address of the Company
Unigold Inc. (“Unigold” or the “Company”)
372 Bay Street, Suite 1800
Toronto, Ontario M5H 2W9

Item 2 Date of Material Change
December 31, 2025

Item 3 News Release
A news release with respect to the material change referred to in this report was issued by the Company through Newswire on December 31, 2025.

Item 4 Summary of Material Change
The Company announced the issuance of Deferred Share Units (“DSUs”) to Independent Directors and Incentive Stock Options to Employees.

Item 5 Full Description of Material Change
Please refer to the press release dated December 31, 2025, attached as Schedule “A” for further details.

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
Mr. Joseph Hamilton
CEO, Unigold Inc.
(416) 866-8157

Item 9 Date of Report
January 5, 2026

---

SCHEDULE "A"

Press Release dated December 31, 2025

[Please see attached]

---

UNIGOLD

UNIGOLD INC.
Ste 1800, 372 Bay Street,
Toronto, ON M5H 2W9
T. (416) 866-8157
www.unigoldinc.com
PR No. 2025-07

Unigold Announces issuances of DSUs to Independent Directors and Incentive Stock Options to Employees

Toronto, Ontario, December 31, 2025 – Unigold Inc. ("Unigold" or the "Company") (TSX-V:UGD; OTCID: UGDIF; FSE:UGB1) announces that the Company has granted Deferred Share Units ("DSUs") to Independent Directors on account of certain director fees in lieu of cash. In addition, the Company has granted incentive DSUs to Independent Directors. All DSUs will be priced at $0.20.

	DSUs in-lieu of cash fees	DSUs to be issued as year-end incentive
Joseph Del Campo	450,000	75,000
Charles Page	225,000	75,000
Normand Tremblay	225,000	75,000
Steve Haggarty	225,000	75,000
Jose Arata	225,000	75,000
Osvaldo Oller	225,000	300,000
	1,575,000	675,000

Unigold also announces that the Board of Directors has approved the grant of incentive stock options ("Options") to officers, employees and consultants of the Company allowing for the acquisition of an aggregate of up to 4,800,000 common shares of the Company ("Shares") with an exercise price of $0.20 per Share and an expiry date of December 31, 2030.

The grants of Options and DSUs were conducted pursuant and subject to the terms and conditions of the Company's Share Incentive Plans and TSX Venture Exchange policies. The DSUs will vest in accordance with the deferred share unit plan of the Corporation, a copy of which is available on SEDAR+ (www.sedarplus.ca) under the Unigold Inc. issuer profile (see Management Information Circular of Unigold Inc. dated as of June 3, 2022).

For further information please visit http://www.unigoldinc.com or contact:

Mr. Joseph Hamilton
Chairman & CEO
T. (416) 866-8157

Unigold Inc. Press Release: PR2025-07 December 31, 2025