Fortune Bay Adopts Formal Environmental, Social & Governance Policy to Support Responsible Project Advancement

Press Release

HALIFAX, NS – December 10, 2025 – Fortune Bay Corp. (TSXV: FOR) (FWB: 5QN) (OTCQB: FTBYF) (“Fortune Bay” or the “Company”) is pleased to announce the adoption of its formal Environmental, Social & Governance (“ESG”) Policy (the “ESG Policy”), strengthening the Company’s commitment to responsible exploration and development across its portfolio of gold and uranium projects.

The ESG Policy provides a clear framework for how Fortune Bay operates today and how it intends to advance its projects in alignment with community expectations, environmental stewardship, and industry best practices. This policy formalizes principles that have guided the Company’s approach for years: transparency, respect, scientific rigour, and proactive engagement with local partners.

Highlights of Fortune Bay’s ESG Policy

• Community-Centred Approach:
  Fortune Bay is committed to building long-term, respectful, and mutually beneficial relationships with Indigenous Nations, local municipalities, and community partners. The policy emphasizes active engagement, ongoing dialogue, and a commitment to integrating local perspectives into project planning and decision-making.
• Responsible Environmental Practices:
  The Company will continue to prioritize minimizing its environmental footprint through data-driven decisions, robust baseline studies, and early integration of environmental considerations in project design.
• Transparency and Straight Talk:
  Consistent with Fortune Bay’s communications philosophy, the ESG Policy underscores transparency about risks, project timelines, development considerations, and mitigation strategies. This aligns with the Company’s commitment to honest communication and enhanced trust-building with all stakeholders.
• Governance and Ethical Conduct:
  The policy sets expectations for ethical behaviour, accountability, and responsible decision-making across all levels of the Company. It reinforces Fortune Bay’s culture of disciplined capital management, scientific rigour, and thoughtful planning aligned with commodity cycles and value inflection points.
• Local Economic Participation:
  The Company is committed to creating opportunities—direct and indirect—that contribute to local economies, including contracting, employment, training, and skills development where possible and appropriate during exploration and development activities.

“Responsible development has always been integral to how we operate,” said Dale Verran, CEO of Fortune Bay. “Formalizing our ESG Policy reinforces that commitment as we advance our projects toward key milestones. Whether it’s establishing baseline environmental work, or maintaining transparent communication with our stakeholders, this policy ensures our values remain at the forefront of every decision we make.”

Implementation Across the Portfolio

The ESG Policy will guide ongoing and upcoming activities across Fortune Bay’s portfolio, including:

• Environmental baseline studies and community engagement underway at Goldfields, supporting future regulatory engagement.
• Establishment of local exploration agreements and stakeholder relationships in Chiapas, Mexico.
• Partnership-driven exploration at the Company’s uranium portfolio, where Fortune Bay remains operator and ensures programs follow robust technical, environmental, and community standards.

The full ESG Policy is available on the Company’s website at https://fortunebaycorp.com/responsibility.

About Fortune Bay
Fortune Bay Corp. (TSXV:FOR; FWB:5QN; OTCQB:FTBYF) is a gold exploration and development company advancing high-potential assets in Canada and Mexico. With a strategy focused on discovery, resource growth and early-stage development, the Company targets value creation at the steepest part of the Value Creation Curve. Its portfolio includes the development-ready Goldfields Project in Saskatchewan, the resource-expansion Poma Rosa Project in Mexico, and an optioned uranium portfolio in the Athabasca Basin providing non-dilutive capital and upside exposure. Backed by a technically proven team and tight capital structure, Fortune Bay is positioned for multiple near-term catalysts. For more information, visit www.fortunebaycorp.com or contact info@fortunebaycorp.com.

On behalf of Fortune Bay Corp.

”Dale Verran”
Chief Executive Officer
902-334-1919

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