Gold Resource (GORO) Proxy filing summary

Executive summary

• Reported strong first quarter 2026 results with net income of $4.7 million and $0.03 per share, reversing previous losses.

• Achieved $40.2 million in working capital and $31.0 million in cash and cash equivalents as of March 31, 2026.

• Production at Don David Gold Mine increased significantly, with 8,749 AuEq ounces sold, and notable rises in gold, silver, copper, lead, and zinc output compared to Q1 2025.

• All-in sustaining cost per AuEq ounce was $3,476, reflecting ongoing investment in mine infrastructure and drilling.

• Ongoing exploration and drilling programs are expanding resources and improving margins.

Voting matters and shareholder proposals

• Stockholders will vote on the proposed merger with Goldgroup Mining Inc., where each share will be exchanged for 1.4476 Goldgroup shares, subject to a share consolidation.

• The transaction is expected to close in Q3 2026, pending customary closing conditions and stockholder approval.

Board of directors and corporate governance

• Directors, executive officers, and certain employees may participate in the solicitation of proxies for the merger transaction.

• Information about directors and executive officers is available in the 2025 Annual Report.