Ms. Martina Blahova reports

EURO MANGANESE ANNOUNCES AMENDMENTS TO CONVERTIBLE LOAN AND ROYALTY AGREEMENT, AND ROYALTY AGREEMENT WITH ORION

Euro Manganese Inc. has made amendments to the amended and restated convertible loan and royalty agreement between Euro Manganese and OMF(BK) LLC, dated May 20, 2025, and the amended and restated royalty agreement between the same parties, also dated May 20, 2025.

Under these amendments, Orion may, at its discretion, convert the outstanding loan amount and accrued interest into a royalty at any time, and the time to reach certain milestones has been extended to June 30, 2026. Taken together, these changes provide enhanced flexibility under the agreements and demonstrate continued co-operation. Other material terms and conditions outlined in the company's news release dated Dec. 3, 2024, remain unchanged.

About Euro Manganese Inc.

Euro Manganese is a battery material company developing the Chvaletice manganese project in the Czech Republic, Europe's only near-term source of high-purity manganese, a critical ingredient in next-generation electric vehicles, energy storage batteries and defence applications.

The Chvaletice manganese project aims to reprocess historic mine tailings to produce high-purity electrolytic manganese metal and high-purity manganese sulphate monohydrate, establishing a fully traceable, low-carbon supply chain within the European Union.

With its demonstration plant having produced on-spec products and optimization work under way to enhance commercial plant efficiency, Euro Manganese is positioned to become Europe's first domestic producer of high-purity manganese, meeting the rising demand for sustainable, strategic battery materials while advancing Europe's clean energy and supply chain independence goals.

Euro Manganese is dual listed on the TSX Venture Exchange and the Australian Securities Exchange.

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