Mr. Matthieu Bos reports

FALCON ENERGY MATERIALS PLC ANNOUNCES NOTICE OF ANNUAL GENERAL MEETING AND GRANT OF STOCK OPTION

The annual general meeting of Falcon Energy Materials PLC will be held on Thursday, June 18, 2026, at 5 p.m. Abu Dhabi time. The notice of AGM, management proxy circular, proxy form and voting instruction form (VIF) will be posted on the company's website and on its SEDAR+ profile on Thursday, May 28, 2026. Shareholders are encouraged to vote on the matters in advance of the AGM by following the instructions set forth in their proxy forms or VIFs.

Attendance of the general meeting

The AGM will be held in person. Shareholders are strongly urged to vote by proxy in advance of the AGM. Registered shareholders or proxyholders representing registered shareholders attending the AGM in person will be considered to be present at the AGM for the purposes of determining quorum.

In order to attend the AGM in person, shareholders are asked to register their interest by e-mail at jd.joly@falconem.net . The company will reply to those authorized to attend the AGM with confirmation of attendance details.

Stock option grant

The company granted to certain key consultants an aggregate of 1.75 million stock options, each exercisable to acquire one common share of the company at an exercise price of 97 cents on or before May 18, 2036, being the date that is 10 years from their date of grant. The incentive options will vest in four equal instalments over 18 months, with 25 per cent of the incentive options vesting on the date hereof, and 25 per cent of the incentive options vesting every six months afterward. All incentive options were granted in accordance with and subject to the terms of the amended stock option plan of the company dated April 14, 2023.

About Falcon Energy Materials PLC

Falcon Energy Materials is aiming to be the premier provider of natural coated spheroidized purified graphite (CSPG), 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 26,000-tonne-per-annum 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.