Mr. Michael Slater reports

APPLIED GRAPHITE ENGAGES ICP SECURITIES INC. FOR AUTOMATED MARKET MAKING SERVICES

Applied Graphite Technologies Corp. has engaged the services of ICP Securities Inc. to provide automated market-making services, including use of its proprietary algorithm, ICP Premium, in compliance with the policies and guidelines of the TSX-V and other applicable legislation. ICP will be paid a monthly fee of $7,500, plus applicable taxes. The agreement between Applied Graphite Technologies and ICP was signed with a start date of May 25, 2026, and is for four months and shall be automatically renewed for subsequent one-month terms unless either party provides at least 30 days of written notice prior to the end of the initial term or an additional term, as applicable. There are no performance factors contained in the agreement and no stock options or other compensation in connection with the engagement. ICP and its clients may acquire an interest in the securities of Applied Graphite Technologies in the future.

ICP is an arm's-length party to Applied Graphite Technologies. ICP's market-making activity will be primarily to correct temporary imbalances in the supply and demand of Applied Graphite Technologies' shares. ICP will be responsible for the costs it incurs in buying and selling Applied Graphite Technologies' shares, and no third party will be providing funds or securities for the market-making activities.

Applied Graphite Technologies has granted 6.6 million stock options at an exercise price of 12 cents, with a five-year term expiring May 22, 2031, to consultants, employees, directors and officers of the company.

About Applied Graphite Technologies Corp.

Applied Graphite Technologies is exploring the South Bullfrog gold project in Beatty, Nev., and permitting the Queens mine complex brownfield vein graphite mine in Sri Lanka. The South Bullfrog project is located in the heart of the Beatty gold district between AngloGold's North Bullfrog and Arthur development projects. South Bullfrog has a similar signature to AngloGold's discoveries and is drill ready and permitted.

We seek Safe Harbor.