Osisko Development Announces Annual Grant of Incentive Awards

MONTREAL, April 01, 2026 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") announces that, as part of the annual compensation review conducted by its Board of Directors, it has granted an aggregate of (i) 1,104,400 stock options of the Company (the "Options"), and (ii) 1,426,600 restricted share units of the Company ("RSUs") to certain senior officers and non-executive employees (collectively, the "Incentive Awards"), pursuant to the Company's omnibus equity incentive plan ("Omnibus Plan").

Osisko Development Corporation has announced its annual grant of incentive awards as part of its commitment to attract and retain top talent in the mining sector. This announcement includes the issuance of stock options and restricted share units to key individuals within the organization.

The incentive awards are designed to align the interests of employees with those of the shareholders, fostering a culture of ownership and commitment within the company. The granted options give employees the right to purchase shares at a predetermined price, encouraging them to contribute to the company's growth and profitability.

The annual grant reflects the company’s strategy to motivate and reward its workforce while ensuring the long-term success of the organization. Such programs are critical in an industry that relies heavily on skilled professionals and cohesive teamwork. By providing financial incentives, Osisko Development aims to enhance employee retention and attract new talents.

Furthermore, this announcement comes at a pivotal moment when Osisko is expanding its operations and moving forward with new projects. The focus on incentive awards underscores the company’s belief in the importance of human capital and the role of motivated employees in achieving operational excellence.

Overall, Osisko Development’s decision to grant annual incentive awards demonstrates a forward-thinking approach to human resources management and a strong commitment to building a collaborative and performance-driven corporate culture.