Mr. Brian Savage reports

ELECTRIC METALS (USA) LIMITED APPOINTS COMPUTERSHARE AS TRANSFER AGENT AND REGISTRAR

Electric Metals (USA) Ltd. has appointed Computershare Trust Company N.A. (Computershare USA) as its principal transfer agent and registrar and Computershare Trust Company of Canada (Computershare Canada) as its co-transfer agent in Canada, effective March 2, 2026.

Computershare USA will serve as the company's primary transfer agent and registrar, reflecting the company's U.S. corporate domicile and its continued alignment with U.S. capital markets and institutional investor standards. Computershare Canada will serve as co-transfer agent to support Canadian shareholder administration and regulatory requirements associated with the company's listing on the TSX Venture Exchange.

In connection with these appointments, TSX Trust Company has ceased to act as transfer agent and registrar for the company.

Shareholders are not required to take any action in connection with the change in transfer agent. All shareholder records have been transferred to Computershare. Shareholders will receive a welcome letter directly from Computershare with instructions on how to access and manage their accounts.

Transfer agent contact information

Computershare Trust Company N.A.

Telephone Inquiries (United States):  1-800-736-3001 (option 1)

Telephone inquiries (non-U.S.):  1-781-575-3100 (option 1)

E-mail inquiries:  web.queries@computershare.com

Written requests

By mail:  Computershare, P.O. Box 43078, Providence, R.I., 02940-3078

By overnight delivery:  Computershare, 150 Royall St., Suite 101, Canton, Mass., 02021

About Electric Metals (USA) Ltd.

Electric Metals is a U.S.-based critical minerals and advanced materials company developing the North Star manganese project to support the electrification of everything. The company's principal asset is the Emily manganese deposit in Minnesota, the highest-grade manganese deposit in North America. The North Star manganese project is a 100-per-cent-U.S.-domestic project, comprising a manganese mine in Emily, Minn., and a high-purity manganese sulphate monohydrate (HPMSM) chemical plant in the United States. It has been the subject of extensive technical work, including a preliminary economic assessment prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects.

Electric Metals' mission is to establish a fully domestic U.S. supply of high-purity manganese chemical and metal products essential to the electrification of everything, including electric vehicles and energy storage batteries, defence, technology and industrial markets. With manganese playing an increasingly important role in lithium-ion battery formulations and with no current domestic production of high-purity manganese sulphate monohydrate in North America, the development of the North Star manganese project represents a strategic opportunity for the United States, the state of Minnesota and the company's shareholders.

We seek Safe Harbor.