NEW GOLD APPOINTS CHRISTIAN MILAU TO THE BOARD OF DIRECTORS

Company Overview - New Gold Inc. is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [2] - The company's vision is to become a leading diversified intermediate gold company in Canada, emphasizing environmental and social responsibility [2] Leadership Appointment - Christian Milau has been appointed to the Board of Directors of New Gold, effective immediately [7] - Milau brings over 25 years of experience in finance, capital markets, and mining, having previously served as CEO of Equinox Gold and True Gold Mining [1][7] - His experience includes leading Equinox Gold through five mergers and acquisitions, growing it from a single-asset developer to a multi-mine producer with eight operating mines [1] Strategic Direction - The company aims to transition into a significant free cash flow generator and enhance its position as a leading intermediate gold producer [11] - The Board expresses confidence in Milau's strategy and capital markets experience as valuable assets for the company's future [11]