Mr. Tony Weatherill reports

REGEN III PROVIDES QUARTERLY BUSINESS UPDATE

ReGen III Corp. has presented its second quarter update.

Key highlights

Enhanced commercial and strategic partnership engagement

ReGen III has intensified its focus on offtake and strategic partnerships, which remain a top priority for management. The company has engaged in numerous in-person meetings to advance offtake partnerships, strategic investments, and merger-and-acquisition opportunities, including valuable connections made at the ESF North America Conference in Houston in June, 2025.

Building on this momentum, the leadership team is set to travel internationally by invitation in the coming quarter and is scheduled to participate in the Independent Lubricant Manufacturers 2025 ILMA annual meeting, the 20th ICIS Middle Eastern Base Oils and Lubricants Conference in Dubai, United Arab Emirates, and the 2025 Enfinite Conference and Trade Show, a key event for North America's industrial liquid recyclers.

Intellectual property and technical validation

Over the past several months, the company hosted numerous technical meetings, with corresponding third party product testing yielding results that surpassed expectations. In addition, following the issuance of the company's patent by the European Patent Office, announced June 2, 2025, ReGen III's patent has legal effect in 18 European member states. ReGen III has also been advised that its Australian patent application has been accepted by the Australian Patent Office, collectively bringing the company's patent portfolio to 38 issued, two accepted and 10 pending patents.

Leadership enhancements

To support accelerated commercial and financing activities, ReGen III has strengthened its leadership team. Brad Kotush, an accomplished public company chief financial officer, joined as chief financial officer in August, 2025. Additionally, Liam Gallacher was appointed to the board of directors in April, 2025.

Financing achievements

On July 14, 2025, ReGen III closed a $1.75-million private placement, with insider participation of over 38 per cent. This reflects strong conviction in the company's proprietary technology, market opportunity and long-term potential.

Investor relations

In August, 2025, ReGen III participated in the OTCQB Venture Virtual Investor Conference. In the coming quarter, the company plans to launch a new website to further articulate its vision, showcase its sustainable technology and streamline investor relations processes.

Chief executive officer commentary

"Over the past four months, we have experienced a significant acceleration in our offtake and strategic investment discussions," stated Tony Weatherill, president and chief executive officer of ReGen III. "Interest in our transformative project and sustainable product suite continues to grow, and we expect the coming quarter to be highly productive. As we advance strategic conversations and execute on this exciting phase of our growth, I am delighted to have our new CFO, Brad Kotush, on board. Brad's wealth of experience in capital markets and corporate scaling will be invaluable as we solidify partnerships."

About ReGen III Corp.

ReGen III is driving a new era in high performance, sustainable lubricants. Harnessing its patented ReGen technology, the company is commercializing an advanced process to transform used motor oil into premium Group 2 and 3 base oils. These high-quality base oils are essential to high performance engines, turbines and industrial applications, and ReGen III's process is designed to deliver up to 82 per cent lower carbon dioxide equivalent emissions than virgin crude derived oils combusted at end of life. By turning waste into high-value products, ReGen III is driving the shift toward circular, domestically produced base oils that meet the growing global demand for sustainable Group 3 solutions.

With FEL2 and value engineering complete for its proposed 5,600-barrel-per-day flagship facility in Texas City, Tex., and backed by world-class engineering, construction and vendor partners -- the company is strategically positioned to meet rising demand for higher-quality, circular base oils. In addition to Texas City, the company is evaluating opportunities to deploy its patented technology across other strategic markets.

With the vision of becoming the world's largest producer of sustainable, rerefined Group 3 base oils, ReGen III aims to set a new standard for performance and responsibility in the global lubricant market.

We seek Safe Harbor.