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Regulatory press release

Lundin Mining Corporation: Lundin Mining Announces Updated Share Capital

Lundin Mining
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VANCOUVER, BC, February 27, 2026 /CNW/ - (TSX: LUN; Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") reports the following updated share capital and voting rights, in accordance with the Swedish Financial Instruments Trading Act.

The number of issued and outstanding shares of the Company has increased by 299,188 to 854,667,165 common shares with voting rights as of February 27, 2026. The increase in the number of issued and outstanding shares from January 31, 2026 to date is a result of the exercise of employee stock options or the vesting of employee share units. During this period, the Company did not purchase any shares for cancelation under its Normal Course Issuer Bid program.

The information in this release is subject to the disclosure requirements of Lundin Mining under the Swedish Financial Instruments Trading Act. The information was submitted for publication, through the agency of the contact persons set out below on February 27, 2026 at 3:30 Pacific Time.

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