Mr. Trevor Walker reports

FRONTIER LITHIUM RECOGNIZED UNDER G7 CRITICAL MINERALS PRODUCTION ALLIANCE AND FEDERAL PERMITTING COORDINATION AND GRANTS STOCK OPTIONS

Frontier Lithium Inc.'s PAK lithium project has been recognized as a strategic priority critical mineral development under the Critical Minerals Production Alliance announced earlier last week at the 2026 Prospectors and Developers Association of Canada Convention in Toronto. The project has been included on the G7 Critical Minerals Production Alliance list announced by the government of Canada under its 2025-2026 G7 presidency, a list which highlights projects that can benefit from international co-operation and policy co-ordination to advance development and get more minerals from reliable, trusted allies to markets.

The announcement of a non-binding memorandum of understanding with Panasonic Energy (Japan) for future lithium offtake from the refinery, as well as the conditional approval of a $2.3-million investment through NRCan's Global Partnerships Initiative to develop treatment options that support the valorization of its byproducts, aligns well with G7 critical mineral priorities and highlights the importance of the PAK lithium project in helping develop a secure, localized North American battery supply chain.

In addition to this federal recognition, the PAK lithium project has also been approved as the first project under the government of Canada's Permitting Coordination for Clean Growth Projects initiative, which supports projects not designated under the Canadian Impact Assessment Act. The federal permitting co-ordination framework is administered by the Impact Assessment Agency of Canada and the Clean Growth Office, and is subject to the Cabinet Directive on Regulatory and Permitting Efficiency, which sets out a service standard for issuing decisions on all federal permits and authorizations of two years.

These platforms provide Frontier with co-ordinated federal permitting support through IAAC and the Clean Growth Office, including the development of a detailed permitting plan outlining federal authorization requirements, key milestones and departmental responsibilities. The process also provides a single federal point of contact to facilitate collaboration among federal departments and agencies involved in project approvals, as well it can provide transparency allowing federal progress reporting through the Canadian impact assessment registry.

"Canada has a unique opportunity to build a globally competitive critical minerals supply chain," said Trevor Walker, president and chief executive officer of Frontier Lithium. "The inclusion of our project in federal permitting co-ordination, alongside its recognition through the G7 Critical Minerals Production Alliance and Ontario's one project, one process initiative, reflects the strategic importance of developing secure, domestic lithium supply to support North American battery manufacturing."

Frontier's PAK lithium project, located in Northwestern Ontario within the traditional territories of local first nations, is expected to produce high-purity lithium concentrates and chemicals to support electric vehicle batteries and advanced energy storage technologies.

The company continues to work closely with indigenous partners, federal and provincial governments, and industry stakeholders as it advances development of a vertically integrated lithium supply chain in Canada.

Stock option grant

The company also announces that pursuant to its stock option plan, it has granted an aggregate of 4,775,450 stock options to certain employees, officers, directors and consultants. Each stock option is exercisable into one common share of the company at a price of 87 cents per common share, expires five years from the date of grant, and vests 50 per cent on the date of issuance and 50 per cent on the one-year anniversary from the date of issuance. The stock options remain subject to approval by the TSX Venture Exchange.

About Frontier Lithium Inc.

Frontier Lithium is a preproduction mining company with an objective to become a strategic and integrated supplier of premium spodumene concentrates as well as battery-grade lithium salts to the growing electric vehicle and energy storage markets in North America. The company's PAK lithium project maintains the largest land position and resource in a premium lithium mineral district located in Ontario's Great Lakes region.

We seek Safe Harbor.