Mr. Craig Nicol reports

SPEAKER OF THE AUSTRALIAN HOUSE OF REPRESENTATIVES HON MILTON DICK MP OFFICIALLY OPENS Thermal-XR(R) BLENDING PLANT

The honourable Milton Dick, member for Oxley and speaker of the Australian House of Representatives, officially opened Graphene Manufacturing Group Ltd.'s Thermal-XR coating blending plant on Thursday, Sept. 28, 2023.

Mr. Dick said: "This blend plant represents a substantial investment in both technology and talent, featuring the latest advancements in nanotechnology coating production processes and quality control measures. The plant's opening is a testament to GMG's focus to develop into a world-leading energy-saving product manufacturing business."

Craig Nicol, Graphene Manufacturing's chief executive officer, stated: "GMG is very fortunate to be in the federal seat of Oxley and to have a federal member who is very supportive of industry. Speaker Milton Dick visited GMG at its Sumner Park location in 2020. The official opening is another significant milestone for GMG in striving towards achieving revenue from energy-saving products."

Graphene Manufacturing's four critical business objectives remain to:

1. Produce graphene and improve/scale the production process;
2. Build revenue from energy-saving products;
3. Develop next-generation battery;
4. Develop supply chain, partners and project execution capability.

About Thermal-XR powered by Graphene Manufacturing Group graphene

The Thermal-XR coating system is a unique method of improving the conductivity of corroded heat-exchange surfaces, and improving and maintaining the performance of new units at peak levels. The process coats and protects heat-exchange surfaces while improving and rebuilding the lost corroded thermal conductivity, and increasing the heat-transfer rate by leveraging the physics of Graphene Manufacturing graphene, resulting in an efficiency improvement and a potential power reduction.

Thermal-XR restore is powered by Graphene Manufacturing Group graphene. Patent pending.

About Graphene Manufacturing Group Ltd.

Graphene Manufacturing Group is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.

Graphene Manufacturing Group has developed a proprietary production process to decompose natural gas (that is, methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high-quality, scalable, tuneable and low/no contaminant graphene, with low-cost inputs, suitable for use in clean-technology and other applications. The company's present focus is to derisk and develop commercial scale-up capabilities, and secure market applications.

In the energy savings segment, Graphene Manufacturing Group has focused on graphene-enhanced heating, ventilation and air conditioning (HVAC) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, Graphene Manufacturing Group and the University of Queensland are working collaboratively, with financial support from the Australian government, to progress R&D (research and development) and commercialization of graphene aluminum-ion batteries (G-AI batteries).

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