Mr. David Atkinson reports

PROPOSED EXTENSION OF WARRANTS EXERCISE DATE

Earthworks Industries Inc. has applied to the TSX Venture Exchange for approval of the extension, by one year, of 4.5 million share purchase warrants. The warrants were issued May 18, 2023, and expire on May 18, 2026. Each warrant is exercisable to purchase one share in the capital of the company for 40 cents.

The proposal is to extend the deadline for the exercise of the warrants by one year, from May 18, 2026, until May 18, 2027.

Earthworks Industries is a waste material management and resource recovery company focused on developing and expanding its operations across the recycling and critical minerals sectors. The company is pursuing opportunities to integrate innovative recovery solutions into its existing material handling platform to support the growing demand for secure and responsible sources of critical materials.