An anonymous director reports

DRAGANFLY ANNOUNCES ADDITIONAL EXERCISE OF OVER-ALLOTMENT OPTION

Further to the closing of Draganfly Inc.'s $3.6-million (U.S.) underwritten public offering on May 5, 2025, Maxim Group LLC, as underwriter and sole book-running manager, has partially exercised their overallotment option to purchase an additional 100,000 common shares at the price of $2.09 (U.S.) per share for aggregate gross proceeds of $209,000 (U.S.) prior to deducting underwriter discounts and commissions.

As previously announced, Draganfly intends to use the net proceeds from the offering for general corporate purposes, including to finance its capabilities to meet demand for its new products including growth initiatives and/or for working capital requirements including the continuing development and marketing of the company's core products, potential acquisitions, and research and development.

The offering was made pursuant to an effective shelf registration statement on Form F-10, as amended (file No. 333-271498), previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (SEC) on July 5, 2023, and the company's Canadian short form base shelf prospectus dated June 30, 2023. Draganfly offered and sold the securities in the United States only. No securities were offered or sold to Canadian purchasers.

A final prospectus supplement and accompanying base shelf prospectus relating to the offering and describing the terms thereof has been filed with the applicable securities commissions in the Canadian provinces of British Columbia, Saskatchewan and Ontario, and with the SEC in the United States and is available for free by visiting the company's profiles on the SEDAR+ website maintained by the Canadian Securities Administrators or the SEC's website, as applicable. Copies of the final prospectus supplements and accompanying base shelf prospectus relating to the offering may be obtained by contacting Maxim Group LLC, at 300 Park Ave., 16th floor, New York, N.Y., 10022, attention: Syndicate Department, or by telephone at 212-895-3745 or by e-mail at syndicate@maximgrp.com.

About Draganfly Inc.

Draganfly is a pioneer in drone solutions, AI-driven software and robotics. With over 25 years of innovation, Draganfly has been at the forefront of drone technology, providing solutions for public safety, agriculture, industrial inspections, security, mapping and surveying. The company is committed to delivering efficient, reliable and industry-leading technology that helps organizations save time, money and lives.

We seek Safe Harbor.