Mr. Jason Birmingham reports

ABOUND ANNOUNCES EFFECTIVE DATE OF SHARE CONSOLIDATION

Abound Energy Inc. will consolidate the common shares in the capital of the company on the basis of three preconsolidation shares for every one postconsolidation share.

The company's name and stock symbol will remain unchanged following the consolidation. The new Cusip number will be 003735206, and the new ISIN will be CA0037352063 for postconsolidation shares. The effective date of the consolidation will be June 10, 2026.

The company currently has 52,278,754 shares issued and outstanding, and, immediately following the consolidation, the company will have approximately 17,426,251 shares issued and outstanding.

No fractional shares will be issued as a result of the consolidation. Any fractional shares resulting from the consolidation will be rounded up or down to the nearest whole share. The company's outstanding incentive stock options, warrants and any convertible securities will be adjusted on the same basis to reflect the consolidation in accordance with their respective terms with proportionate adjustments to be made to the exercise prices. The company's postconsolidation shares are expected to begin trading on the Canadian Securities Exchange on or about June 10, 2026.

A letter of transmittal will be provided to registered shareholders holding certificates or direct registration statements outlining the process for exchanging their preconsolidation shares for postconsolidation shares. Shareholders who hold their shares through a broker or other intermediary will have their accounts automatically updated in accordance with the intermediary's procedures.

About Abound Energy Inc.

Abound specializes in developing scalable, environmentally friendly, long-lasting energy technology. Its patented Zaeras long-duration energy storage technology, leveraging zinc-air chemistry, guarantees the storage and on-demand delivery of electricity without the limitations or environmental risks associated with current market leaders.

We seek Safe Harbor.