diff --git a/include/boost/decimal/detail/cmath/fmax.hpp b/include/boost/decimal/detail/cmath/fmax.hpp
index 5f376efd6..c7c8ed800 100644
--- a/include/boost/decimal/detail/cmath/fmax.hpp
+++ b/include/boost/decimal/detail/cmath/fmax.hpp
@@ -28,12 +28,29 @@ constexpr auto fmax(const T1 lhs, const T2 rhs) noexcept
     #ifndef BOOST_DECIMAL_FAST_MATH
     if (isnan(lhs) && !isnan(rhs))
     {
-        return static_cast<promoted_type>(rhs);
+        if (issignaling(lhs))
+        {
+            return nan_conversion(lhs);
+        }
+        else
+        {
+            return static_cast<promoted_type>(rhs);
+        }
     }
-    else if ((!isnan(lhs) && isnan(rhs)) ||
-             (isnan(lhs) && isnan(rhs)))
+    else if ((!isnan(lhs) && isnan(rhs)) || (isnan(lhs) && isnan(rhs)))
     {
-        return static_cast<promoted_type>(lhs);
+        if (issignaling(lhs))
+        {
+            return nan_conversion(lhs);
+        }
+        else if (issignaling(rhs))
+        {
+            return nan_conversion(rhs);
+        }
+        else
+        {
+            return static_cast<promoted_type>(lhs);
+        }
     }
     #endif
 
diff --git a/include/boost/decimal/detail/cmath/fmin.hpp b/include/boost/decimal/detail/cmath/fmin.hpp
index 5d94fd87b..70baa715c 100644
--- a/include/boost/decimal/detail/cmath/fmin.hpp
+++ b/include/boost/decimal/detail/cmath/fmin.hpp
@@ -27,12 +27,29 @@ constexpr auto fmin(const T1 lhs, const T2 rhs) noexcept
     #ifndef BOOST_DECIMAL_FAST_MATH
     if (isnan(lhs) && !isnan(rhs))
     {
-        return static_cast<promoted_type>(rhs);
+        if (issignaling(lhs))
+        {
+            return nan_conversion(lhs);
+        }
+        else
+        {
+            return static_cast<promoted_type>(rhs);
+        }
     }
-    else if ((!isnan(lhs) && isnan(rhs)) ||
-             (isnan(lhs) && isnan(rhs)))
+    else if ((!isnan(lhs) && isnan(rhs)) || (isnan(lhs) && isnan(rhs)))
     {
-        return static_cast<promoted_type>(lhs);
+        if (issignaling(lhs))
+        {
+            return nan_conversion(lhs);
+        }
+        else if (issignaling(rhs))
+        {
+            return nan_conversion(rhs);
+        }
+        else
+        {
+            return static_cast<promoted_type>(lhs);
+        }
     }
     #endif
 
diff --git a/include/boost/decimal/detail/cmath/nan.hpp b/include/boost/decimal/detail/cmath/nan.hpp
index 94da957d8..953be4e2a 100644
--- a/include/boost/decimal/detail/cmath/nan.hpp
+++ b/include/boost/decimal/detail/cmath/nan.hpp
@@ -149,17 +149,19 @@ BOOST_DECIMAL_EXPORT template <typename T>
 constexpr auto read_payload(const T value) noexcept
     BOOST_DECIMAL_REQUIRES_RETURN(detail::is_ieee_type_v, T, typename T::significand_type)
 {
+    const auto positive_value {signbit(value) ? -value : value};
+
     if (!isnan(value))
     {
         return 0U;
     }
     else if (issignaling(value))
     {
-        return value.bits_ ^ std::numeric_limits<T>::signaling_NaN().bits_;
+        return positive_value.bits_ ^ std::numeric_limits<T>::signaling_NaN().bits_;
     }
     else
     {
-        return value.bits_ ^ std::numeric_limits<T>::quiet_NaN().bits_;
+        return positive_value.bits_ ^ std::numeric_limits<T>::quiet_NaN().bits_;
     }
 }
 
diff --git a/test/Jamfile b/test/Jamfile
index e318db689..b51a99beb 100644
--- a/test/Jamfile
+++ b/test/Jamfile
@@ -83,6 +83,7 @@ run github_issue_1112.cpp ;
 run github_issue_1174.cpp ;
 run github_issue_1260.cpp ;
 run github_issue_1294.cpp ;
+run github_issue_1299.cpp ;
 
 run link_1.cpp link_2.cpp link_3.cpp ;
 run quick.cpp ;
diff --git a/test/github_issue_1299.cpp b/test/github_issue_1299.cpp
new file mode 100644
index 000000000..bd29361ec
--- /dev/null
+++ b/test/github_issue_1299.cpp
@@ -0,0 +1,145 @@
+// Copyright 2025 Matt Borland
+// Distributed under the Boost Software License, Version 1.0.
+// https://www.boost.org/LICENSE_1_0.txt
+//
+// See: https://github.com/cppalliance/decimal/issues/1299
+
+#include <boost/decimal.hpp>
+#include <boost/core/lightweight_test.hpp>
+#include <limits>
+
+using namespace boost::decimal;
+
+enum class result_t
+{
+    lhs,
+    rhs,
+    qnan
+};
+
+enum class result_sign_t
+{
+    positive,
+    negative
+};
+
+template <typename T>
+void test_fmax_value(const T lhs, const T rhs, const result_t result, const result_sign_t sign = result_sign_t::positive, const int payload_value = 0)
+{
+    const auto res {fmax(lhs, rhs)};
+
+    switch (result)
+    {
+        case result_t::lhs:
+            BOOST_TEST_EQ(lhs, res);
+            break;
+
+        case result_t::rhs:
+            BOOST_TEST_EQ(rhs, res);
+            break;
+
+        case result_t::qnan:
+            BOOST_TEST(isnan(res));
+            BOOST_TEST(!issignaling(res));
+
+            if (sign == result_sign_t::negative)
+            {
+                BOOST_TEST(signbit(res));
+            }
+
+            if (payload_value)
+            {
+                const auto payload {read_payload(res)};
+                BOOST_TEST_EQ(static_cast<decltype(payload)>(payload_value), payload);
+            }
+
+            break;
+    }
+}
+
+template <typename T>
+void test_fmin_value(const T lhs, const T rhs, const result_t result, const result_sign_t sign = result_sign_t::positive, const int payload_value = 0)
+{
+    const auto res {fmin(lhs, rhs)};
+
+    switch (result)
+    {
+        case result_t::lhs:
+            BOOST_TEST_EQ(lhs, res);
+            break;
+
+        case result_t::rhs:
+            BOOST_TEST_EQ(rhs, res);
+            break;
+
+        case result_t::qnan:
+            BOOST_TEST(isnan(res));
+            BOOST_TEST(!issignaling(res));
+
+            if (sign == result_sign_t::negative)
+            {
+                BOOST_TEST(signbit(res));
+            }
+
+            if (payload_value)
+            {
+                const auto payload {read_payload(res)};
+                BOOST_TEST_EQ(static_cast<decltype(payload)>(payload_value), payload);
+            }
+
+            break;
+    }
+}
+
+template <typename T>
+void test_driver()
+{
+    test_fmax_value(T{5}, T{42}, result_t::rhs);
+    test_fmax_value(std::numeric_limits<T>::infinity(), std::numeric_limits<T>::quiet_NaN(), result_t::lhs);
+    test_fmax_value(-std::numeric_limits<T>::infinity(), std::numeric_limits<T>::quiet_NaN(), result_t::lhs);
+    test_fmax_value(T{5}, std::numeric_limits<T>::quiet_NaN(), result_t::lhs);
+
+    // Any operation on SNAN is invalid and returns QNAN with the same payload (as applicable)
+    test_fmax_value(std::numeric_limits<T>::signaling_NaN(), T{5}, result_t::qnan);
+    test_fmax_value(std::numeric_limits<T>::quiet_NaN(), std::numeric_limits<T>::signaling_NaN(), result_t::qnan);
+    test_fmax_value(std::numeric_limits<T>::signaling_NaN(), std::numeric_limits<T>::quiet_NaN(), result_t::qnan);
+
+    T snan_payload {"-sNaN97"};
+    test_fmax_value(snan_payload, std::numeric_limits<T>::quiet_NaN(), result_t::qnan, result_sign_t::negative, 97);
+    test_fmax_value(std::numeric_limits<T>::quiet_NaN(), snan_payload, result_t::qnan, result_sign_t::negative, 97);
+
+    snan_payload = -snan_payload;
+    T qnan_payload {"NaN100"};
+    test_fmax_value(snan_payload, qnan_payload, result_t::qnan, result_sign_t::positive, 97);
+
+    test_fmin_value(T{5}, T{42}, result_t::lhs);
+    test_fmin_value(std::numeric_limits<T>::infinity(), std::numeric_limits<T>::quiet_NaN(), result_t::lhs);
+    test_fmin_value(-std::numeric_limits<T>::infinity(), std::numeric_limits<T>::quiet_NaN(), result_t::lhs);
+    test_fmin_value(T{5}, std::numeric_limits<T>::quiet_NaN(), result_t::lhs);
+
+    // Any operation on SNAN is invalid and returns QNAN with the same payload (as applicable)
+    test_fmin_value(std::numeric_limits<T>::signaling_NaN(), T{5}, result_t::qnan);
+    test_fmin_value(std::numeric_limits<T>::quiet_NaN(), std::numeric_limits<T>::signaling_NaN(), result_t::qnan);
+    test_fmin_value(std::numeric_limits<T>::signaling_NaN(), std::numeric_limits<T>::quiet_NaN(), result_t::qnan);
+
+    snan_payload = T{"-sNaN97"};
+    test_fmin_value(snan_payload, std::numeric_limits<T>::quiet_NaN(), result_t::qnan, result_sign_t::negative, 97);
+    test_fmin_value(std::numeric_limits<T>::quiet_NaN(), snan_payload, result_t::qnan, result_sign_t::negative, 97);
+
+    snan_payload = -snan_payload;
+    qnan_payload = T{"NaN100"};
+    test_fmin_value(snan_payload, qnan_payload, result_t::qnan, result_sign_t::positive, 97);
+}
+
+int main()
+{
+    test_driver<decimal32_t>();
+    test_driver<decimal64_t>();
+    test_driver<decimal128_t>();
+
+    test_driver<decimal_fast32_t>();
+    test_driver<decimal_fast64_t>();
+    test_driver<decimal_fast128_t>();
+
+    return boost::report_errors();
+}