Mr. Hadi Abassi reports

ATLAS ENGINEERED ANNOUNCES GRANT OF OPTIONS

Atlas Engineered Products Ltd. has granted a total of 400,000 incentive stock options to the independent directors of Atlas Engineered Products in accordance with the company's stock option plan.

Each independent director will receive 100,000 incentive stock options. Each option is exercisable to acquire one common share of the company at a price of 67 cents per share, being the closing price of the company's common shares on the TSX Venture Exchange on May 1, 2026. The options will vest and become exercisable in three equal tranches every six months over a period of 18 months from the grant date, and will expire on May 4, 2031, in accordance with the company's stock option plan. The last option grant to independent directors was Aug. 21, 2024.

About Atlas Engineered Products Ltd.

Atlas Engineered Products is a growth company that is acquiring and operating profitable, well-established operations in Canada's truss and engineered products industry. The company has a well-defined and disciplined acquisition and operating growth strategy enabling it to scale aggressively and apply new technologies, giving the company a unique opportunity to consolidate a fragmented industry of independent operators.