TSXV: SEVA

Advancing the Cameron Gold Project

Northwestern Ontario, Canada

Year round road accessCamp on siteGrid power access

Investor presentation · October 2026

Why Seva

Three reasons to look closer

Gold already defined

515,000 oz Measured & Indicated
740,000 oz Inferred

Ready to work

Road, camp and grid power access already in place

Strong backing

Part of the Fiore Group, with First Mining Gold as the largest shareholder

Mineral Resource Estimate effective Feb 26, 2026 (NI 43-101). Measured & Indicated and Inferred are reported separately and are not added together. See the resource and important information slides.

Location

Northwestern Ontario

Near Sioux Narrows

22 km gravel road to Highway 71All weather road, upgrades started July 2026

Treaty Three TerritoryTraditional lands of the Anishinaabe people

Map: OpenStreetMap highways, Natural Earth lakes and borders. Deposit location from Ontario Mineral Deposit Inventory.

What is in the ground

Two kinds of ounces, kept separate

515,000oz

Measured & Indicated

6,564,000 tonnes at 2.44 g/t gold

740,000oz

Inferred

10,559,000 tonnes at 2.18 g/t gold

Higher confidenceLower confidence, never added to M&I

Mineral Resource Estimate effective Feb 26, 2026, prepared by S. Bob Jankovic, P.Geo., Snowden Optiro, independent Qualified Person, under CIM Definition Standards (2014). Constrained by a conceptual open pit shell (0.33 g/t Au cut off) and underground stope shapes (1.25 g/t Au cut off) at US$2,600/oz gold. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. No Mineral Reserves have been estimated.

Grade, made simple

What 2.44 g/t means

2.44g/t

About 2.4 grams of gold in every tonne of rock, on average, in the Measured & Indicated resource.

That is about the weight of two and a half paper clips.

A standard paper clip weighs about 1 gram. Average grade of the Measured & Indicated resource (6,564,000 tonnes at 2.44 g/t Au), effective Feb 26, 2026.

A head start

The tunnels are already built

3,238m

underground development

1,390m

decline (ramp)

1,848m

lateral drifts

Built 1986 to 1990. Source: Seva investor presentation, October 2026. Illustration not to scale.

Room to grow

53,000 hectares to explore

Named exploration targets

DubenskiEast CedartreeDogpawMcLennan

Land package of approximately 53,000 ha (Seva website and October 2026 presentation). City of Vancouver land area about 115 km². Exploration potential is conceptual; there is no certainty further work will define more resources.

Decades of data

Over 118 kilometres of drilling

118,000+m

drilled to date

25,000m

new drill program planned

Drilling supporting the Mineral Resource: 118,810 m (Seva news release, July 14, 2026); 118,809 m (Seva website). Planned program per Seva website; timing not announced.

Already on surface

A mineralized stockpile at site

13,630m³

estimated volume

3.5g/t

historical grade

281

samples

Historical sampling only. This is not a current NI 43-101 mineral resource and Seva is not treating it as one. Seva sees potential for toll milling. Source: resampling by Nuinsco Resources Ltd. in 2009 (281 samples), as reported in Seva’s October 2026 presentation.

The strategy

Seva’s strategy:
direct shipping ore

Evaluate mining higher grade material underground

Rainy River mill, owned by Coeur MiningAbout 88 km by highway and forestry roads (Seva estimate)

Goal: no mill or tailings facility at Cameron

This is Seva’s stated strategy (October 2026 presentation). No economic study (PEA, prefeasibility or feasibility) has been completed and no agreement with the mill owner is in place. Forward looking. Map line shows direction only, not the haul route.

Infrastructure and partners

Road upgrades began July 2026 with a First Nations partner

Upgrades began July 2026 on the 22 km access road

Partner: Misun, a 100% First Nations owned forestry company based in Kenora

Seva is committed to ongoing collaboration with

Ojibways of OnigamingNaotkamegwanning First NationAnimakee Wa Zhing #37Northwest Angle #33 First Nation

Source: Seva news release, July 14, 2026.

Backing

A member of the Fiore Group

Headed by Frank Giustra

Instrumental in the formation and growth of Wheaton Precious Metals, founder of Endeavour Mining and co founder of Aris Mining.

250+

companies founded

$5.5B

raised over about 40 years

$50B+

market cap created

Fiore Group figures as published on Seva's website (October 2026). Fiore Group across all its companies, not Seva results.

Ownership and capital

Who owns Seva

Shareholders

42.7%First Mining Gold, largest shareholder

57.3%All other shareholders

C$10.2M

cash at closing, March 2026

debt at closing

187.2M

shares issued and outstanding

202.4M

shares fully diluted

Seva website and investor presentation, October 2026: 187,180,285 shares issued and outstanding; 15,241,000 options; 0 warrants; 202,421,285 fully diluted. First Mining Gold holds 80,000,000 shares (First Mining release, Mar 10, 2026), about 42.7% of 187.2M shares outstanding. Cash and debt are Seva figures at closing of the Cameron acquisition, March 2026.

Leadership

Who is running it

Ranj Pillai

President, CEO and Director

Former Premier of Yukon. Former Minister of Energy, Mines and Resources.

James Sabala

Executive Chair

Former CFO of Hecla Mining Company and Coeur Mining. More than 40 years in mining finance and leadership.

Carl Ginn

VP Exploration

Ryan Brown

VP Engineering

Helton Fan

VP Environmental and Communities

Daniel Baraghoush

VP Investor Relations

Governance

Board and strategic advisors

Board of directors

Ranj Pillai

President and CEO

James Sabala

Executive Chair

Kody Penner

Director

James Maxwell

Director, First Mining representative

Michael O'Flaherty

Director, First Mining representative

Strategic advisors

Frank Giustra

CEO, Fiore Group

Gordon Keep

CEO, Fiore Management

Shawn Khunkhun

President, Contango Silver & Gold

Ryan Weymark

President, Fuse Advisors

Rob McLeod

CEO, Cambria Gold Mines

Board per Seva AGSM results (June 26, 2026) and October 2026 presentation. Advisors per Seva website and October 2026 presentation.

Momentum

2026 so far

FEB 26

Resource estimate effective

MAR 10

Cameron acquisition closing announced

JUN 25

Annual meeting; CEO joins the board

JUL 14

Access road upgrades begin

AUG 12

Closed the market at TSX Venture

Planned next25,000 m drill programPEA initiationStockpile toll milling

Dates from Seva and First Mining news releases. Planned items as listed on Seva's website; no dates announced.

Please read

Important information

Not an offer. This presentation is for information only. It is not an offer to sell or a solicitation of an offer to buy any securities, and it is not investment advice. Prepared independently from Seva Mining Corp. public disclosure; it is not an official Seva document.

Forward looking information. Plans, targets and expectations (including drilling, studies, toll milling, trucking to a third party mill and future work at Cameron) are forward looking. They involve risks and uncertainties, need further funding, studies, permits and agreements, and actual results may differ materially. Do not place undue reliance on them.

Mineral resources. The Cameron Mineral Resource Estimate, effective February 26, 2026, was prepared by Mr. S. Bob Jankovic, P.Geo., of Snowden Optiro, an independent Qualified Person under NI 43-101, using CIM Definition Standards (2014). Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. Inferred Mineral Resources have a lower level of confidence than Measured and Indicated and must not be added to them. No Mineral Reserves have been estimated. The technical report is on SEDAR+.

Historical stockpile. Stockpile volume, grade and sample figures come from historical sampling. A Qualified Person has not done sufficient work to classify them as a current mineral resource, and they should not be relied upon as such.

Sources. Seva news releases (June 26, July 14 and August 12, 2026), Seva website and October 2026 investor presentation, First Mining news release (March 10, 2026). Full source list on the accompanying proof sheet.