File: '\\swfile\EmailIn\20261030 140631 Attachment EWK NR F Oct. 30 2026 .docx'

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Suite 600 - 890 West Pender Street, Vancouver, BC V6C 1J9

Telephone: 604.669.3143 Fax: 604.669.3107

Email: info@earthworksinc.com Web: www.earthworksinc.com

TSXV: EWK

OTCQB: EAATF

News Release

October 30, 2026

Earthworks Industries Adopts Semi-Annual Financial Reporting

Vancouver, British Columbia - October 30, 2026 - Earthworks Industries Inc. (TSXV: EWK, OTCQB: EAATF) ("Earthworks" or the "Company"), announces that it has elected to adopt semi-annual financial reporting ("SAR") in reliance on the Consolidated Blanket Order 51-933 - Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers (the "Blanket Order") issued by the Canadian Securities Administrators.

The Blanket Order is a pilot program which permits eligible venture issuers listed on the TSX Venture Exchange (the "TSXV") to voluntarily move from quarterly to semi-annual financial reporting. The Company confirms that it meets the eligibility criteria under the Blanket Order. By adopting SAR, the Company aims to reduce the administrative and financial burden associated with the quarterly reporting.

As a result of this election, the Company will file interim financial reports and related management's discussion and analysis ("MD&A") on a semi-annual basis, rather than quarterly. The Company's fiscal year-end is November 30, and it will continue to file annual audited financial statements (due within 120 days of November 30). The Company will continue to remain subject to timely disclosure requirements and will continue to report all material changes and significant developments in accordance with National Instrument 51-102 - Continuous Disclosure Obligations.

Under the Blanket Order, the Company will be exempt from filing interim financial reports and related MD&A for its three-month and nine-month interim periods. The Company will not file quarterly interim financial reports or related MD&A for the nine-month period ending August 31, 2026, and all subsequent periods ending February 28 and August 31. The Company will file its next interim financial report and related MD&A for the six-months ended May 31, 2027 (due within 60 days of May 31, 2027).

This news release is being issued and filed pursuant to the Blanket Order.

The Company reports it has granted 300,000 stock options to an advisor, exercisable at a price of five cents per common share for a period of five years, expiring Oct. 30, 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.

About Earthworks Industries Inc.

Earthworks Industries Inc. 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.

For further information, contact:

Earthworks Industries Inc.

David Atkinson

President/CEO

604-669-3143

Info@earthworksinc.com

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.