Ms. Catherine Flax reports

BASE CARBON ANNOUNCES ANNUAL GENERAL MEETING RESULTS

Base Carbon Inc. has released the results of its annual general meeting.

A total of 51,205,311 common shares, representing 50.777 per cent of the issued and outstanding common shares of the company, were represented at the meeting. Six directors were elected to the company's board for the ensuing year. An attached table details the votes submitted in person and by proxy.

Shareholders voted in favour of appointing BDO Canada LLP as the auditor of the company for the ensuing year and authorized the directors to fix its remuneration.

For more information, refer to the management information circular dated May 13, 2026, available on the company's profile on SEDAR+.

About Base Carbon Inc.

Base Carbon provides capital, development expertise and management operating resources to projects involved in the global carbon markets. The company endeavours to be the preferred carbon project partner in providing capital and management resources to carbon removal and reduction projects globally, and, where appropriate, will utilize technologies within the evolving environmental industries to enhance efficiencies, commercial credibility and trading transparency.