Mr. Tony Weatherill reports

REGEN III EXECUTES MOU WITH U.S. BASE OIL AND LUBRICANTS BLENDER AND PROVIDES PATENTS UPDATE

ReGen III Corp. has executed a non-binding memorandum of understanding (MOU) with a United States-based base oil and lubricants blender (the counterparty) for the future supply of the company's Group III and Group II+ base oils.

The MOU establishes a detailed commercial framework toward a definitive multiyear offtake agreement. The counterparty is an established U.S. blender supplying customers across automotive, industrial and specialty end markets. With this MOU, ReGen III's executed MOU portfolio now represents approximately 50 per cent or more of the estimated base oil production capacity from U.S. facilities currently contemplated under the company's commercialization strategy. The company continues to advance discussions with additional counterparties to further expand its offtake portfolio.

The MOU is non-binding, and the completion of a definitive agreement remains subject to negotiation and execution of final documentation. The company is actively working with the counterparty to further define the commercial relationship; however, there can be no assurance that a definitive agreement will be completed on the terms contemplated or at all.

Patents update

ReGen III recently received patent certificates in Brazil, Australia and Mexico. In addition, patent applications in Indonesia and South Korea were recently granted and allowed, respectively. The company's intellectual property portfolio now includes 42 patents, with seven additional applications pending, reflecting continued expansion of its global patent coverage. These issuances further strengthen ReGen III's freedom to operate and long-term competitive positioning in key global lubricant markets.

"This MOU further reinforces the strong and growing interest from established North American lubricant market participants in ReGen III's base oils," stated Tony Weatherill, president and chief executive officer. "Together with our expanding global patent portfolio, these commercial developments continue to advance our path toward commercialization and strengthen the foundation for long-term shareholder value."

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 (UMO) into premium Group II and III base oils. These high-quality base oils are essential to high performance engines, turbines, industrial applications and emerging applications such as data centre dielectric fluids. As a circular technology, the ReGen process is designed to deliver up to 82 per cent lower CO2e (carbon dioxide equivalent) emissions than virgin crude derived oils combusted at end of life.

With the vision of becoming the world's largest producer of sustainable, rerefined Group III base oils, ReGen III is positioning itself at the intersection of the energy transition and the data-driven economy, through the production of circular, domestically sourced Group III base oils.

We seek Safe Harbor.