IAMGOLD Corporation announced that Maryse Blanger has retired from the Company's Board of Directors for personal reasons and other commitments. Immediately following Ms. Blanger's retirement, the Board has appointed David Smith to serve as Chair of the Board. Mr. Smith joined the Board as an independent director in February 2022, bringing nearly 40 years of financial and executive leadership experience in the mining sector.

Over the last year, Mr. Smith acted as Lead Director from the period of May 2022 to April 2023 while Ms. Blanger was acting as interim President and CEO. During this period, the Company raised nearly $1 billion in financing through the sale of non-core assets and the Ct Gold financing agreement with Sumitomo Metal Mining Co. Ltd. As an independent director, Mr. Smith will continue to hold his position of Chair of the Audit and Finance Committee in the near term.

Mr. Smith is a Corporate Director who has had a career on both the finance and the supply sides of the mining business, with extensive international exposure and experience in the acquisition, sale, development, financing and operations of base and precious metal operations. Mr. Smith served six years as the Chief Financial Officer and Executive Vice President of Finning International Inc., a major equipment supplier to the mining industry with significant operations in Canada and South America. Previous to joining Finning, Mr. Smith's career included serving as Chief Financial Officer of Ballard Power Systems, and various senior executive positions over 16 years with Placer Dome Inc. and four years with PriceWaterhouseCoopers.

Mr. Smith currently is a director of Hudbay Minerals Inc. and NorthWest Copper Corporation. Mr. Smith has extensive board experience with public mining companies, having served as chair for several audit, governance and special committees, including previously with Pretium Resources Inc., Nevsun Resources Ltd. and Dominion Diamond Corporation, where Mr. Smith served on the special committees that oversaw the execution of strategic transactions that ultimately resulted in significant value appreciation for shareholders. Mr. Smith holds a bachelor's degree in business administration from California State University, Sacramento and has completed the Institute of Corporate Directors course, Directors Education Program.