Mr. Matthieu Bos reports

GRANT OF OPTIONS & DIRECTOR DSU

Falcon Energy Materials PLC, pursuant to its stock option plan and subject to regulatory acceptance, has granted 3,273,154 incentive stock options to officers, directors and consultants of the company, subject to vesting provisions. These options will be exercisable at a price equivalent to the closing price of the common shares of the company on the TSX Venture Exchange on Nov. 28, 2025, and will expire on Nov. 28, 2035.

Furthermore, in connection with services rendered by the directors during the calendar year 2025, the company has issued 442,308 deferred share units to its directors. In accordance with the company's amended and restated long-term incentive plan, the DSUs were priced based on the five-day volume-weighted average price ended Nov. 28, 2025, of the company's common shares on the TSX Venture Exchange.

About Falcon Energy Materials PLC

Falcon Energy Materials is aiming to be the premier provider of natural coated spherodized purified graphite, a critical component for energy storage solutions. As a dedicated chemical refiner of natural graphite concentrate, Falcon is working diligently toward the development of a state-of-the-art 25,000-tonne-per-year CSPG production facility in Morocco.

Strategically partnered with leading Chinese technology firms and Tier 1 Moroccan partners, Falcon benefits from advanced technological expertise, access to high-quality raw materials and chemicals, and a prime geographical location -- factors that will enable it to deliver consistent, high-quality supply to global markets.

With a clear focus on sustainable growth and innovation, Falcon aims to become the go-to producer of natural CSPG, supporting widespread adoption in energy storage and other emerging industries.

We seek Safe Harbor.