Dr. Carolyn Myers reports

FENDX ADVANCING REPELWRAP(TM) FILM WITH DUNMORE BY CONDUCTING AN ADDITIONAL PILOT MANUFACTURING RUN ON DUNMORE'S COMMERCIAL MANUFACTURING LINE AND PROVIDES CORPORATE UPDATE

Fendx Technologies Inc. entered into a development-stage agreement on April 22, 2024, with Dunmore International Corp., a Steel Partners Holdings LP operating company, to conduct an additional pilot manufacturing run to further optimize the manufacturing process of Repelwrap film.

Dr. Carolyn Myers, chief executive officer of Fendx, states: "We continue to advance our Repelwrap film through conducting pilot runs with Dunmore to reach the end goal of providing us with an optimal manufacturing process. Successful completion of this will allow us to conduct real-world environmental conditions testing to confirm the film meets expected performance metrics which would then allow us to prepare for commercial production."

The company, in collaboration with Dunmore, has confirmed the Repelwrap film formulation is suitable for automated manufacturing and the company is conducting pilot runs to optimize the process. Achieving a final manufacturing process typically involves conducting multiple pilot runs, each providing valuable insights to optimize the process, which aligns with the company's continuing efforts to advance the Repelwrap film manufacturing process.

The company also announces an agreement with Fairfax Partners Inc. dated April 22, 2024, which will provide investor relations communication support for a one-month period for a fee of $15,000 plus goods and services tax. The services include content development, social media campaign and analytics. The term of the Fairfax agreement is for a period of one month ending May 21, 2024, and includes an early termination provision. The company intends to renew the agreement after the one-month term at the same terms, and any renewal will be at the discretion of the company. Fairfax and its principals are arm's length to the company. Fairfax contact information is as follows: 209, 170 East 3rd St., North Vancouver, B.C., V7L 1E6, attention: Daniel Southan-Dwyer, e-mail: connect@fairfaxpartners.ca, telephone: 825-901-8298.

The company also announces an agreement with i2i Marketing Group LLC dated April 22, 2024, which will provide investor relations communication support for a three-month period for a fee of $250,000 (U.S.), of which $50,000 (U.S.) is due within five days of the effective date of the agreement and the remainder will be payable four weeks from the effective date, subject to receipt of invoices, and includes an early termination provision. The services include content creation management, author sourcing, project management and media distribution. The term of the i2i agreement is for a period of three months ending June 21, 2024, and is renewable on a monthly basis. The company intends to renew the agreement after the three-month term at the same terms, prorated based on the renewal term and any renewal is at the discretion of the company. i2i and its principals are arm's length to the company. i2i's contact information is as follows: 222, 1107 Key Plaza, Key West, Fla., 33040-4177, attention: Joe Grubb, e-mail: jg@i2illc.com, telephone: 312-725-3843.

About Fendx Technologies Inc.

Fendx is a Canada-based nanotechnology company focused on developing products to make people's lives safer by reducing the spread of pathogens. The company is developing both film and spray products to protect surfaces from contamination. The lead product under development, Repelwrap film, is a protective surface coating film that, due to its repelling properties, prevents the adhesion of pathogens and reduces their transmission on surfaces prone to contamination. The spray nanotechnology is a bifunctional spray coating being developed to reduce contamination on surfaces by repelling and killing pathogens. The company is conducting research and development activities using its nanotechnology in collaboration with industry-leading partners, including McMaster University. The company has exclusive worldwide licences to its technology and intellectual property portfolio from McMaster, which encompass both film and spray coating nanotechnology formulations.

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