Mr. Mark Selby reports

CANADA NICKEL COMPANY RELEASES 2025 ESG REPORT

Canada Nickel Company Inc. today released the company's 2025 environmental, social and governance (ESG) report. While ESG reporting remains voluntary for Canada Nickel as a development-stage company, the company continues to report annually as part of its commitment to transparency, accountability and responsible project development. The report documents performance, progress, and objectives across material environmental, social, governance, health and safety, and economic matters for the period Jan. 1 to Dec. 31, 2025.

"Two thousand twenty-five was a defining year for Canada Nickel as we continued to advance the Crawford nickel project towards a construction decision in 2027 while strengthening our commitment to responsible mining and long-term sustainability across the Timmins nickel district," said Mark Selby, chief executive officer of Canada Nickel. "A key milestone was the growing recognition of Crawford as a nation-building critical minerals project. Its referral to the federal Major Projects Office (MPO) in 2025, followed by its designation under Ontario's One Project, One Process (1P1P) framework in January, 2026, reflects Crawford's strategic importance to Canada's critical minerals supply chains, economic security and industrial future, while enabling the clean energy transition."

In 2025, Canada Nickel continued to advance the company's goals toward true reconciliation and meaningful indigenous economic participation by finalizing a $20-million equity investment from Taykwa Tagamou Nation, representing one of the largest direct investments by a first nation in a Canadian critical minerals project at signing and a seat on the board of directors. The company also entered into a contracting agreement with Matachewan First Nation, Mattagami First Nation and Flying Post First Nation, through Wabun Tribal Council, creating opportunities for indigenous participation in key Crawford infrastructure and construction activities.

"At Canada Nickel, we place tremendous value on indigenous partnerships and responsible stewardship in the communities where we operate," continued Mr. Selby. "Developing Crawford in partnership with indigenous nations and local communities helps ensure that sustainability, environmental protection and project planning reflect local knowledge, priorities and values. Meaningful local participation is central to our vision for a low-carbon critical minerals corridor that supports both the economic and environmental priorities of communities across Northeastern Ontario."

About Canada Nickel Company Inc.

Canada Nickel Company is advancing the next generation of nickel-sulphide projects to deliver nickel required to feed the high-growth electric vehicle and stainless steel markets. Canada Nickel Company has applied in multiple jurisdictions to trademark the terms NetZero Nickel, NetZero Cobalt, NetZero Iron and is pursuing the development of processes to allow the production of net-zero carbon nickel, cobalt and iron products. Canada Nickel provides investors with leverage to nickel in low political risk jurisdictions. Canada Nickel is currently anchored by its 100-per-cent-owned flagship Crawford nickel sulphide project in the heart of the prolific Timmins-Cochrane mining camp.

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