Ms. Erika Racicot reports

DRAGANFLY CONFIRMS POST-CONSOLIDATION TRADING DATE

Further to the news release issued Aug. 23, 2024, Draganfly Inc. has set Sept. 5, 2024, as the effective date of the consolidation. The company expects its issued and outstanding common shares to trade on a postconsolidated basis at market open on Sept. 5, 2024, subject to final confirmation from the Canadian Securities Exchange and the Nasdaq Stock Market. As announced on Aug. 23, 2024, the board of directors of the company approved the consolidation of its common shares on the basis of one postconsolidated common share for every 25 preconsolidated common shares. Upon completion of the consolidation, the Cusip number and ISIN (international securities identification number) of the common shares will be changed to 26142Q304 and CA26142Q3044, respectively.

For more information on the anticipated effects of the consolidation, refer to the Aug. 23, 2024, news release.

About Draganfly Inc.

Draganfly is the creator of quality, cutting-edge drone solutions, software and AI (artificial intelligence) systems that revolutionize how organizations can do business and serve their stakeholders. Recognized as being at the forefront of technology for over 24 years, Draganfly is an award-winning industry leader serving the public safety, agriculture, industrial inspections, security, mapping and surveying markets. Draganfly is a company driven by passion, ingenuity, and the need to provide efficient solutions and first-class services to its customers around the world with the goal of saving time, money and lives.

We seek Safe Harbor.