The discussion originally planned concerning a new version of the Property Value Maintenance Program (PVMP) had been postponed to the April meeting. The local team finished its revision of the document, but the corporate team had asked for more time to do additional validations. The meeting therefore focused more on a progress report, the 2021 exploration program report, highlights of the 2021 Task Force report, creation of the 2022 calendar, and an exploratory exercise to inform the drafting of the forthcoming Property Integrity Protection Program.

Yamana's presentation at the beginning of the meeting reiterated the invitation to the official opening of the community relations office. The office will be open Tuesdays to Thursdays from 9 AM to 5 PM and Mondays and Fridays by appointment. The office is located at 14 d'Évain, inside the former Desjardins branch.

Yamana also presented its community support program, for which applications can be submitted using the form that was recently posted online at https://www.wasamac-consultations.com/policies-and-community-support-program

A summary of the findings of Yamana's 2021 exploration program was presented, as well as the annual update of the Owner’s Agreement Guide. As required by the guide, a satisfaction survey was conducted with property owners who had drilling-related activities done on their land in 2021. A memo summarizing the highlights of the survey was also handed out to members.

The presentation document, attached herein, also contained the highlights of the Task Force’s annual report. This exercise evaluates the group's mandate; the meeting format; the degree of satisfaction with the facilitation; and areas marked for improvement.

The presentation document, attached to this summary, also presented the highlights of the Task Force’s annual report assessing the group's mandate, which aims to evaluate the group’s mandate; the meeting format; the degree of satisfaction with the facilitation; and areas marked for improvement.

See the complete report for more details.

We are pleased to announce that Karine Lévesque has joined Yamana Gold as Accounts Payable Clerk.

Karine is known for her energy, enthusiasm, and adaptability.

We welcome Karine to the team!

A reminder, if you have questions or comments about the Wasamac underground mining project, we can be reached as follows:

By telephone: 1-833-510-0330

By email: wasamac@yamana.com

Via our online platform: www.wasamac-consultations.com

Yamana Gold is pleased to announce the appointment of Marie-Anne Poirier as Health and Safety Coordinator.

Marie-Anne is known for her curiosity and rigour at work as well as her dynamic presence.

Welcome to the team, Marie-Anne!

A reminder, if you have questions or comments about the Wasamac underground mining project, we can be reached as follows:

By telephone: 1-833-510-0330

By email: wasamac@yamana.com

Via our online platform: www.wasamac-consultations.com

We are pleased to announce that Renée Fortin joined the Yamana Gold team in February 2022 as accounting analyst.

Renée is known for her rigorous standards and work quality as well as a winning smile.

Welcome to the team, Renée!

We wish to remind you that if you have questions or comments about the Wasamac underground mining project, here’s how to reach us:

By phone: 1-833-510-0330

By email: wasamac@yamana.com

Via our online platform: www.consultationswasamac.com

The purpose of this ninth meeting of the Task Force was to continue to develop an updated version of the Property Value Maintenance Program (PVMP) and see to its integration into a broader agreement aimed at harmonious coexistence with the neighbourhood. At the previous meeting, Yamana had agreed to add additional terms to the PVMP in order to provide a framework for the voluntary acquisition, at replacement value, of properties located in the area identified by the Environmental Impact Assessment (EIA) as potentially subject to significant anticipated impacts. Certified appraisers were on hand to describe the methods for assessing value, also known as owner's value, as well as the circumstances in which it usually applies. As this value is generally used in expropriation situations, several adaptations will be required to transpose its useful aspects into a program of acquisition by mutual agreement based on homeowners’ freedom of choice and without the objective of acquisition of all of the target properties. The appraisers will be helpful resources when the Task Force finalizes the updated PVMP+ proposal.

In a preamble to the meeting, Yamana shared news and project updates with the group:

• Renovations to the community relations office will be finished soon, though the team will continue to telework as long as health restrictions are in force.
• After that, it will be possible to make an appointment at the community relations office with Geneviève Thériault, newly hired as coordinator of communications and community relations on the team with Marc-André Lavergne.
• We have hired several new people recently and more hires are to come.
• A new timetable was presented for the environmental assessment currently underway in order to continue optimizing the project and studying alternative solutions. Yamana plans to table it by the year’s end.
• Online consultations on public uses of the land continue until the end of February at wasamac-consultations.com.

Next up was a presentation of the annual review exercise, which is meant to evaluate satisfaction with the Task Force’s accomplishments over the last year and with the facilitation work. Answers to this questionnaire will also be used to develop a work plan for 2022. The meeting closed with a brief look at incoming reports; only one such was made and quickly resolved since the last meeting.

Yamana Gold Community Relations Office Opens in Évain

We had a great time and many fascinating encounters at the opening of the Community Relations Office. On Thursday, March 24, between 9 a.m. and 8 p.m., our team had the pleasure of:

• hosting 50 partners;
• chatting with 100 people from the community;
• enjoying the laughter of over 350 children playing in the inflatable games and other activities.

From left to right, Brenda Brooks (Executive Assistant, Yamana Gold), Marc-André Lavergne (Director, Community and External Affairs, Yamana Gold), Benoît Lessard (Vice-President of the Rouyn-Noranda Chamber of Commerce and Industry) and Geneviève Tétreault (Communications and Community Relations Coordinator, Yamana Gold)

The Community Relations office, a space dedicated to welcoming the public and families, will become a hub for sharing information about the Project and gathering feedback. By providing this venue for meetings and discussions between the local population and our teams, we are continuing our involvement in the Évain neighbourhood and reiterating the importance of community relations we are developing there

The offices, located at 14 rue d'Évain, Rouyn-Noranda, are open to the public from Tuesday to Thursday from 9:00 a.m. to 5:00 p.m. Mondays and Fridays are by appointment only (by phone: 1 833 510-0330; by SMS: 833 510-0330, by email: wasamac@yamana.com)

We are pleased to announce that Geneviève Tétreault is joining the Yamana Gold team as Coordinator Communications and Community Relations.

Geneviève has more than 15 years’ experience in student life communications and organization in various Rouyn-Noranda schools.

Geneviève previously held the position of Communications and International Coordinator at Cégep de l'Abitibi-Témiscamingue. She coordinated and implemented various communication strategies aimed at promoting the Cégep and recruiting students. She has a university degree in psychology in group intervention from Université du Québec en Abitibi-Témiscamingue.

As part of the Wasamac underground mining project, Geneviève will be responsible for coordinating Yamana's various communications and initiatives aimed at stakeholders and the neighbourhood, and helping to identify opportunities for community collaboration and coordinating community activity organization.

Join us in welcoming Geneviève to the team!

We remind you that if you have any questions or comments related to the Wasamac underground mining project, you can contact us by using the following contact information:

By phone: 1-833-510-0330

By email: wasamac@yamana.com

From our online platform: www.consultationswasamac.com

Welcome to the community!

Grand Opening of Yamana Gold's Community Relations Office for the Wasamac Underground Mining Project

Thursday, March 24 from 4 to 8 p.m.

at 14 Évain Street

Come meet us, talk with the directors and community relations team and visit our new office in the heart of the Evain district.

Outdoor inflatable games, a photographer for you and your family, beverages and snacks!

As of March 28, our opening hours will be Tuesday to Thursday from 9 am to 5 pm.

Monday and Friday by appointment only.

We look forward to welcoming you!

The collection of samples aimed at characterizing the sediments planned for the end of February on Lac Hélène as part of the environmental impact study is postponed to springtime, after the melting of the ice on the lake.

Adverse weather conditions did not allow the exercise to be carried out safely, so we decided to postpone it.

As a reminder, the WSP team, the firm responsible for carrying out the environmental impact study, will review existing data on the lake's hydrology by taking surface water samples. They will also conduct a hydrological assessment to establish current conditions as well as predictive simulations to ascertain the potential impacts of the future mine on the lake's water level – a point raised by area residents. At this time, the potential impacts are estimated to be minimal.

This exercise should not create a disturbance in the natural environment or for people living near the lake.

Area residents will be notified once the new dates for the work are known.

Should you have any questions regarding this work, please do not hesitate to contact us by phone at 1 833 510-0330 or via E-mail: wasamac@yamana.com

This eighth meeting of the Task Force focused on continuing efforts to update the Property Value Maintenance Program. The program will eventually evolve into a co-existence framework agreement of several chapters, to be discussed in 2022. For the moment, the group is focused on real estate transactions for neighbouring property owners who wish to move away from the mining project area. Before discussing the main topic, Marc-André Lavergne, Yamana Gold's Director of Community and External Affairs, gave the group some project updates: a review of the December 1 neighbourhood meeting, a presentation of alternatives being studied for the tailings facility and access roads to the main facilities site, and a presentation of the process of government authorizations for a new phase of advanced underground exploration.

The group then resumed discussion of the main topic. Mr. Lavergne reported that his meeting with Yamana's senior management had been conducted in a manner consistent with the announced vision and that the proposed points had all been agreed to in principle. As a result, the PVMP would be effective retroactively to the date of Yamana's purchase of the Wasamac underground mining project and would apply until the site restoration period. Owners would be entitled to an enhanced amount: in addition to the guaranteed market value, normal relocation expenses could be reimbursed and the process would be simplified. Finally, the applicability area would be expanded (and possibly further still, when anticipated impacts have been mapped and known) to include the central part of that zone for residences at risk of high impacts. Homeowners whose properties are situated within the new area could, in the first few years of the project, receive compensation that is closer to replacement value. The applicability area will be more clearly defined when the project impact assessment has been completed.

The January meeting will also include a presentation by a chartered appraiser of the different methods for appraising market and replacement values (value to the homeowner). A briefing on the various Canadian Malartic Mine co-existence programs will also be given to members in early 2022.

Toward the end of the meeting, talk turned to proposals for the company's long-term contributions to the neighbourhood, based on suggestions made in the questionnaire circulated among members prior to the meeting. Also discussed were recognition of volunteer time, follow-up on citizens’ reports, and follow-up on the minutes of the November meeting.

Summary of December 14th Meeting