Mr. Craig Nicol repors

GRAPHENE ALUMINIUM ION BATTERY PATENT GRANTED AND GMG AND THE UNIVERSITY OF QUEENSLAND ENTER INTO NEW COLLABORATION AGREEMENT

Graphene Manufacturing Group Ltd.'s graphene aluminum ion battery has been granted in Australia and Graphene Manufacturing is progressing its patenting process in various other countries. The University of Queensland (UQ) holds the patent and GMG has a worldwide exclusive commercialization licence.

Furthermore, Graphene Manufacturing has signed a collaborative research agreement with UQ -- Australian Institute for Bioengineering and Nanotechnology (AIBN) to continue its collaboration on the Graphene aluminum ion battery. UQ is also a recipient of $880,000 (Australian) of Australian government grant funding to further develop the Graphene aluminum ion battery.

Graphene Manufacturing and UQ started working on an Australian Research Council (ARC) Linkage project in 2021 to co-develop the Graphene aluminum ion battery and this will now continue under this new collaborative research agreement.

The agreement sets out, among other things, the way in which preagreed Graphene Manufacturing and UQ personnel can work at each other party's premises and the intellectual property rights and obligations for each party. It also provides that Graphene Manufacturing has the exclusive first right to negotiate an exclusive licence to use any of the work UQ develops under this agreement.

UQ's professor, Alan Rowan, AIBN executive director, commented, "We look forward to continuing our strong research and development relationship with the world leading clean technology company GMG and deepening our knowledge on the graphene aluminum ion battery technology."

Graphene Manufacturing's managing director and chief executive officer, Craig Nicol, commented, "GMG is very pleased to continue working with the world leading UQ AIBN team and collaborating with them to co-develop our next-generation Graphene aluminum ion battery."

As previously announced on March 3, 2025, Graphene Manufacturing has entered into a service contract with the battery innovation centre (BIC) of Indiana in the United States to support the next phase of development of the Graphene aluminum ion battery. As a result, Graphene Manufacturing is no longer focused on a project to construct an automated battery pilot plant at its Richlands Australia headquarters at this time. Graphene Manufacturing and the State of Queensland have mutually agreed to an early termination of the Queensland Critical Minerals and Battery Technology Fund agreement between the parties.

About UQ and AIBN

Ranked in the world's top 50, The University of Queensland is one of Australia's leading research and teaching institutions. As part of UQ, the Australian Institute for Bioengineering and Nanotechnology (AIBN) is a leading research institute which tackles global challenges in health, energy and the bioeconomy. It works on projects like mRNA manufacturing, diagnostics and sustainable solutions. AIBN collaborates with industry and government and are known for their work in advanced biomanufacturing, nanoengineered materials and precision nanomedicine.

About Graphene Manufacturing Group Ltd.

Graphene Manufacturing is an Australian-based clean-technology company which develops, makes, and sells energy saving and energy storage solutions, enabled by graphene manufactured via in-house production process. Graphene Manufacturing uses its own proprietary production process to decompose natural gas (that is, methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high-quality, lowcost, scalable, tuneable and low/no contaminant graphene 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 has initially focused on graphene enhanced heating, ventilation and air conditioning (HVAC-R) coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product Graphene Manufacturing has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, Graphene Manufacturing and the University of Queensland are working collaboratively with financial support from the Australian government to progress R&D and commercialization of graphene aluminum-ion batteries (G+AI batteries). Graphene Manufacturing has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.

Graphene Manufacturing's four critical business objectives are:

1. Produce Graphene and improve/scale cell production processes;
2. Build revenue from energy savings products;
3. Develop next-generation battery;
4. Develop supply chain, partners and project execution capability.

We seek Safe Harbor.