NorthIsle Copper and Gold : 4th Quarter Report for the year ended December 30, 2025 Financial Statements

About this update from Northisle Copper And Gold Inc.

Northisle Copper and Gold Inc. Consolidated Financial Statements For the years ended December 31, 2025 and 2024 (Expressed in Canadian dollars) Independent auditor's report To the Shareholders of Northisle Copper and Gold Inc. Our opinion In our opinion, the accompanying consolidated financial statements present fairly, in all material respects, the financial position of Northisle Copper and Gold Inc. and its subsidiary (together, the Company) as at December 31, 2025 and 2024, and its financial performance and its cash flows for the years then ended in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board (IFRS Accounting Standards). What we have audited The Company's consolidated financial statements comprise: the consolidated statements of financial position as at December 31, 2025 and 2024; the consolidated statements of loss and comprehensive loss for the years then ended; the consolidated statements of cash flows for the years then ended; the consolidated statements of changes in shareholders' equity for the years then ended; the notes to the consolidated financial statements, comprising material accounting policy information and other explanatory information. Basis for opinion We conducted our audit in accordance with Canadian generally accepted auditing standards. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the consolidated financial statements section of our report. PricewaterhouseCoopers LLP PwC Place, 250 Howe Street, Suite 1400 Vancouver, British Columbia, Canada V6C 3S7 T.: +1 604 806 7000, F.: +1 604 806 7806 Fax to mail: [email protected] "PwC" refers to PricewaterhouseCoopers LLP, an Ontario limited liability partnership. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Independence We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the consolidated financial statements in Canada. We have fulfilled our other ethical responsibilities in accordance with these requirements. Key audit matters Key audit matters are those matters that, in our professional judgment, were of most significance in our audit of the consolidated financial statements for the year ended December 31...

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