• Galiano Gold revised its proposed omnibus equity incentive plan, adding shareholder-vote requirements for key changes to stock option terms, including extensions beyond original expiry dates or reductions in exercise prices.
• Shareholder approval would also be required for repricing transactions that cancel and replace options at a lower exercise price, or for changes that expand non-employee director eligibility or participation limits.
• The amended plan will be put to shareholders at the annual general and special meeting on June 11, 2026; the board recommends a vote in favor.
• Toronto Stock Exchange conditional approval has been received for the amended plan.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Galiano Gold Inc. published the original content used to generate this news brief via Newsfile (Ref. ID: 202605222128NEWSFILECNPR____20260522_298682_1) on May 23, 2026, and is solely responsible for the information contained therein.