/NOT FOR PUBLICATION OR DISTRIBUTION IN THE UNITED STATES, JAPAN OR AUSTRALIA/

VANCOUVER, BC, Feb. 2, 2024 /CNW/ - OceanaGold Corporation (TSX: OGC) (OTCQX: OCANF) ("OceanaGold" or the "Company") is pleased to announce that its wholly owned subsidiary, OceanaGold Philippines, Inc. ("OGPI"), has filed a registration statement and draft preliminary prospectus with the Philippine Securities and Exchange Commission ("SEC") and a listing application with The Philippine Stock Exchange, Inc. ("PSE") in relation to the proposed initial public offering (the "Offering") of 20% of the outstanding common shares of OGPI. OGPI holds the Company's interest in the Didipio Mine and, pursuant to the terms of the renewed Financial or Technical Assistance Agreement ("FTAA"), is required to list its common shares on the PSE. The Offering is a secondary offering of common shares, with the proceeds to be received by a wholly owned subsidiary of OceanaGold.