Mr. John LaGourgue reports

FIRST CANADIAN GRAPHITE APPOINTS TONY LA MANTIA TO ADVISORY BOARD

First Canadian Graphite Inc. has appointed Anthony (Tony) La Mantia, ICD.D, to its advisory board.

Mr. La Mantia is a seasoned C-level executive with over 40 years of experience spanning corporate development, investment attraction, governance and economic development. He brings particular strength in mining sector corporate development from his past role as vice-president, corporate development, at Largo Resources Ltd., where he and the executive team played a key role in advancing two major projects to National Instrument 43-101-compliant resources and securing significant investment and off-take agreements.

Mr. La Mantia is the inaugural and current president and chief executive officer of the Waterloo Region Economic Development Corporation (Waterloo EDC). Over the past 10 years, he has led the organization to deliver over $4-billion in new investment supporting the creation of over 6,200 jobs. He previously served as Assistant Deputy Minister, Investment and Industry Division, at the Ontario Ministry of Economic Development, where he led transformative investment attraction initiatives that generated billions in new private sector investment. Mr. La Mantia will be officially stepping away from his Waterloo EDC responsibilities later this year.

"We are indeed pleased to welcome Tony to our advisory board," said John LaGourgue, CEO of First Canadian Graphite. "His extensive experience in investment attraction, mining corporate development, capital markets and governance will be invaluable as we advance the Lac Gueret South project and position the company for growth in the North American critical minerals supply chain."

"With its large, contiguous and highly prospective landholdings in the mining-friendly province of Quebec, First Canadian is extremely well positioned to build a globally significant, high-grade graphite deposit to help meet growing industrial demand," said Mr. La Mantia. "I'm genuinely excited to be supporting John and the team on this endeavour."

Advisory board

First Canadian Graphite has established an advisory board to provide strategic, non-binding advice and guidance to the company's senior management and board of directors. The advisory board comprises up to three independent members with complementary expertise in government relations and mining policy, capital markets, and mining production and operations. Members support project derisking, stakeholder alignment, capital efficiency and long-term value creation as the company advances its district-scale graphite assets in Quebec. The advisory board serves in a consultative capacity only and does not have decision-making authority or fiduciary responsibilities.

About First Canadian Graphite Inc.

First Canadian Graphite is engaged in the exploration of critical minerals and is committed to advancing its Lac Gueret South high-grade graphite property to support applications in energy transition and advanced technologies.

The Lac Gueret South project, formerly known as the Berkwood project, borders Nouveau Monde Graphite's Uatnan graphite project in the southwest Manicouagan reservoir area, 234 kilometres north-northwest of Baie-Comeau, in the Cote-Nord administrative region of Quebec on the Nitassinan (ancestral territory) of the Pessamit Innu. Lac Gueret South features surface-exposed graphite and a historical NI 43-101-compliant resource at zone 1 containing 1.76 million tonnes indicated at 17 per cent Cg and 1.53 million tonnes inferred at 16.4 per cent Cg. The property also features several other zones with surface graphite samples, offering strong exploration potential. In early 2026, the company increased its landholdings to 167 square kilometres, establishing one of the most extensive claim portfolios within the Lac Gueret graphite district. With substantial exploration opportunities remaining and total investments exceeding $10-million, First Canadian Graphite is actively engaged in expanding its resources and advancing toward the completion of its preliminary economic assessment (PEA). The company possesses sufficient financing to further advance this project throughout 2026.