FORM 51-102F3
MATERIAL CHANGE REPORT
Item 1: Name and Address of Company
Galiano Gold Inc. ("Galiano" or the "Company")
1066 West Hastings Street, Suite 1640
Vancouver, BC
V6E 3X1
Item 2: Date of Material Change
March 23, 2022
Item 3: News Release
The news release announcing the material change referred to in this report was disseminated on March 23, 2022 through Newswire and a copy has been filed under Galiano's profile on SEDAR.
Item 4: Summary of Material Change
On March 23, 2022, Galiano announced that Mr. Fausto Di Trapani, Chief Financial Officer ("CFO") of Galiano, informed the Company that he will be stepping down as CFO to pursue another opportunity.
Item 5:
5.1 Full Description of Material Change
On March 23, 2022, Galiano announced that Mr. Fausto Di Trapani, CFO, informed the Company that he will be stepping down as CFO to pursue another opportunity.
Mr. Di Trapani will continue to serve as CFO until his departure in early May 2022 and will work during the coming weeks to ensure an orderly transition of his responsibilities. Following Mr. Di Trapani's departure the Company intends to appoint Matt Freeman, current SVP Finance as its new CFO, in line with the Company's succession plan.
5.2 Disclosure for Restructuring Transaction
Not applicable.
Item 6: Reliance on Subsection 7.1(2) or (3) of National Instrument 51-102
Not applicable.
Item 7: Omitted Information
Not applicable.
Item 8: Executive Officer
For further information, please contact Peter Lekich, Vice President Investor Relations of Galiano, at (778) 729-0608.
Item 9: Date of Report
April 1, 2022.
