FURY GOLD MINES LIMITED
401 Bay Street, 16th Floor Toronto, Ontario, M5H 2Y4

NOTICE OF CHANGE OF AUDITOR

Fury Gold Mines Limited (the "Company") is issuing this notice pursuant to section 4.11 of National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102") of the planned change of its auditor from Deloitte LLP to PricewaterhouseCoopers LLP, Chartered Professional Accountants (the "Successor Auditor"). In accordance with NI 51-102, the Company hereby states that:

1. On January 7, 2026, the Board of Directors approved the recommendation of the Audit Committee of the Company and requested the resignation of Deloitte LLP as auditor to be effective upon issuance of the Company's consolidated financial statements for the year ending December 31, 2025 in order to immediately thereupon engage the Successor Auditor as auditor of the Company for the fiscal year ending December 31, 2026, subject to confirmation such appointment by the Company's shareholders at the annual general meeting expected to be held in late June 2026.

2. On January 7, 2026, Deloitte LLP provided a written confirmation that it will resign as the auditor of the Company effective upon issuance of the Company's consolidated financial statements for the year ending December 31, 2025 at the request of the Company.

3. The Successor Auditor will be appointed as the Company's Auditor effective the day after the issuance of the Company's financial statements for the fiscal year ended December 31, 2025 to fill the vacancy and to hold office until the next annual meeting of shareholders of the Company;

4. The resignation of Deloitte LLP and the consequent appointment of the Successor Auditor have been considered and approved by the Company's audit committee and board of directors (the "Board");

5. Deloitte LLP has not expressed any modified audit opinions on the consolidated financial statements of the Company for the two most recently completed financial years preceding the date of this notice, being the years ended December 31, 2024 and December 31, 2023;

6. In the opinion of the Company, there have been no "reportable events", as that term is defined in NI 51-102; and

7. This Notice and letters from Deloitte LLP and the Successor Auditor have been reviewed by the Company's audit committee and Board.

Dated at Vancouver, British Columbia this 20th day of January, 2026.

FURY GOLD MINES LIMITED

Per: Phil van Staden-(original signed)

 Chief Financial Officer

Deloitte LLP 410 West Georgia Street Vancouver, BC, V6B 0S7 Canada Tel: (604)-669-4466 Fax: (604)-685-0395 www.deloitte.ca

January 20, 2026

To:

British Columbia Securities Commission
Alberta Securities Commission
Autorité des marchés financiers

Financial and Consumer Affairs Authority of Saskatchewan
Financial and Consumer Services Commission of New Brunswick
Manitoba Securities Commission

Nova Scotia Securities Commission

Office of the Superintendent of Securities Service, Newfoundland and Labrador
Ontario Securities Commission

Superintendent of Securities, Department of Justice and Public Safety, Prince Edward Island
Northwest Territories Office of the Superintendent of Securities

Office of the Superintendent of Securities, Nunavut
Office of the Yukon Superintendent of Securities

Dear Sirs/Mesdames:

RE: Change of Auditor Notice of Fury Gold Mines Limited (the "Company")

As required by subparagraph (5)(a)(ii) of section 4.11 of National Instrument 51-102, we have reviewed the change of auditor notice of the Company dated January 20, 2026 (the "Notice") and, based on our knowledge of such information at this time, we agree with statements 1, 2, 4, 5 and 6 and we have no basis to agree or disagree with statements 3 and 7 contained in the Notice.

Yours truly,

/s/ Deloitte LLP

Chartered Professional Accountants

January 20, 2026

To: British Columbia Securities Commission, Alberta Securities Commission, Financial and Consumer Affairs Authority of Saskatchewan, Manitoba Securities Commission, Ontario Securities Commission, Financial and Consumer Services Commission of New Brunswick, Nova Scotia Securities Commission, Superintendent of Securities, Department of Justice and Public Safety, Prince Edward Island, Office of the Superintendent of Securities Service, Newfoundland and Labrador, Autorité des marchés financiers, Northwest Territories Office of the Superintendent of Securities, Office of the Superintendent of Securities Nunavut, and Office of the Yukon Superintendent of Securities

We have read the statements made by Fury Gold Mines Limited in the attached copy of change of auditor notice dated January 20, 2026, which we understand will be filed pursuant to Section 4.11 of National Instrument 51-102.

We agree with the statements concerning PricewaterhouseCoopers LLP in the change of auditor notice dated January 20, 2026.

Yours very truly,

Chartered Professional Accountants

PricewaterhouseCoopers LLP

PwC Tower, 18 York Street, Suite 2500, Toronto, Ontario, Canada M5J 0B2

T.: +1 416 863 1133, F.: +1 416 365 8215, Fax to mail: ca_toronto_18_york_fax@pwc.com, www.pwc.com/ca

"PwC" refers to PricewaterhouseCoopers LLP, an Ontario limited liability partnership.