Mr. David Atkinson reports

EARTHWORKS GRANTS OPTIONS

Earthworks Industries Inc. has granted an aggregate of three million stock options to directors, advisers, employees, consultants and service providers of the company.

The options are exercisable at a price of five cents per common share for a period of five years, expiring Aug. 14, 2031, and vest immediately. The options have been granted in accordance with the company's stock option plan and remain subject to the policies and approval of the TSX Venture Exchange, as applicable.

David Atkinson, chief executive officer of Earthworks, commented: "As we advance Earthworks' critical minerals recycling and recovery system, we are focused on leveraging the full range of tools and resources available to the company to build the team, partnerships and capabilities required to execute our plans. Equity-based compensation allows us to align the interests of the people contributing to Earthworks' growth with those of our shareholders. We believe this alignment is important as we work together to help improve Western critical mineral supply chains."

Addressing the critical minerals supply crisis

The race to build and power artificial intelligence infrastructure, electrify transportation, modernize defence systems, and expand advanced manufacturing has created an unprecedented and accelerating demand for critical minerals, including copper, rare earth elements, lithium, cobalt, nickel, tungsten, titanium and many other materials that form the physical foundation of the 21st-century economy.

The problem is supply.

Refining and processing capacity for many of these materials is heavily concentrated in foreign jurisdictions, most significantly China, creating vulnerabilities in Western supply chains that are no longer theoretical, but active and urgent.

Both Canada and the United States have responded with major policy commitments, including Canada's Critical Minerals Strategy and initiatives under the United States Defense Production Act and CHIPS and Science Act, directed at building domestic supply chain resilience.

Primary mining alone cannot close the supply gap quickly enough. New mine development frequently requires a decade or more to advance from discovery through permitting, financing, construction and production.

This is where recycling and secondary recovery become strategically essential.

Many of the materials required by Western economies already exist above ground in significant quantities within end-of-life electronics, industrial scrap, manufacturing byproducts, legacy mine waste, tailings, waste rock and other previously processed materials.

Urban recycling and secondary recovery can provide a faster, lower-impact and potentially more capital-efficient path to production than greenfield mine development. However, domestic recovery infrastructure across North America remains fragmented and undersupplied, creating a need for modular, deployable and digitally managed recovery capacity.

Through its acquisition of the critical minerals recovery system, Earthworks holds a full-stack platform developed to address that need, beginning with copper and intended to expand into battery metals, rare earth elements, precious metals and defence-related materials across Canada and the United States.

About Earthworks Industries Inc.

Earthworks Industries is a critical minerals recycling and recovery company advancing modular systems designed to recover strategic metals and strengthen Western critical mineral supply chains. The company is developing scalable recycling and recovery infrastructure to help address the growing need for domestic critical minerals production.

We seek Safe Harbor.