Mr. Cameron Chell reports

DRAGANFLY ANNOUNCES MEETING RESULTS AND APPOINTMENT OF NEW BOARD MEMBER KIM G C MOODY

At the annual general meeting held in Vancouver, B.C., Canada on July 18, 2024, holders of common shares of Draganfly Inc. (i) fixed the number of directors to be elected at the meeting at six; (ii) elected Cameron Chell, Scott Larson, Denis Silva, Olen Aasen, Julie Myers Wood and Kim G.C. Moody to Draganfly's board of directors; and (iii) appointed Dale Matheson Carr-Hilton Labonte LLP as Draganfly's auditor.

The detailed results of the vote for the election of directors held at the meeting are set out in the attached table.

Further disclosure on the matters approved at the meeting can be found in the management information circular dated June 3, 2024, and the report of voting results for the meeting each available on SEDAR+.

Director and management updates

Draganfly is pleased to welcome Mr. Moody as a new director of the company.

"I am thrilled to announce the appointment of Kim G.C. Moody as our new director. He brings a wealth of knowledge and a fresh perspective that will be invaluable as we continue to drive innovation and growth," said Draganfly chief executive officer Cameron Chell.

Mr. Moody is a chartered accountant, registered trust and estate practitioner and a United States/Canada tax specialist and is the founder of Moodys Private Client Law LLP/Moodys Private Client LLP and Moodys Tax (a division of Moodys Private Client Law). Mr. Moody is a past chair of the Canadian Tax Foundation and a past co-chair of the Joint Committee on Taxation of the Canadian Bar Association and CPA Canada. Mr. Moody is also a former chair and former deputy chair of the board, former treasurer, as well as former chair of the technical committee for the Society of Trust and Estate Practitioners of Canada. Additionally, he was the recipient of the Queen Elizabeth II Diamond Jubilee Medal (2012), the Business in Calgary 2012 Leader of Tomorrow Award and, in 2013, was conferred the Fellow of the Chartered Accountants of Alberta designation.

Draganfly is pleased to announce that Mr. Larson has been appointed as interim chair of the board of directors. Mr. Larson currently serves as the chair of the compensation committee and he brings over 20 years of combined corporate finance, technology development and entrepreneurial experience to the board.

The company is also pleased to announce the appointment of Mr. Aasen as lead independent director. Mr. Aasen serves as a member of the compensation committee and as chair of the nominating and corporate governance and audit committees of the board. Mr. Aasen brings over 17 years of experience as a practicing lawyer and in various corporate governance roles.

"I, along with the rest of the Draganfly team, want to extend our heartfelt gratitude to departing directors John Mitnick and Andy Card for their exceptional service and commitment to the organization. Over the years, they have played a crucial role in shaping our mission and guiding our strategic initiatives. Their dedication, insights and leadership have made a lasting impact on our organization as a whole," said Mr. Chell.

About Draganfly Inc.

Draganfly is the creator of quality, cutting-edge drone solutions, software and AI (artificial intelligence) systems that revolutionize how organizations do business and service their stakeholders.