Mr. Craig Nicol reports

GMG APPLIES FOR ADDITIONAL ENVIRONMENTAL APPROVALS TO PRODUCE GRAPHENE IN USA

Graphene Manufacturing Group Ltd. has submitted an additional application to the U.S. Environmental Protection Agency for the manufacture and sale of graphene and graphene coatings (Thermal-XR), lubricants (G lubricant) and other graphene fluids in the United States.

Graphene Manufacturing has submitted a significant new use notice to the U.S. EPA under premanufacture notice P-25-0018. Under this application, Graphene Manufacturing is seeking authorization to manufacture, distribute, sell, use and dispose of graphene and graphene coatings, lubricants and fluids across multiple industries in the United States. Graphene Manufacturing expects to obtain this approval by the end of June, 2027.

This application is in addition to the existing approval under PMN P-25-0018, which authorizes the company to export, distribute, sell, use and dispose of graphene coatings across multiple industries in the United States.

Craig Nicol, chief executive officer and managing director of the company, commented: "Submitting the SNUN is a decisive step in our U.S. strategy. This application, if approved, will grant GMG the authorization to manufacture graphene domestically in the United States -- not simply to export into the market, but to produce within it. That distinction matters. It positions GMG to serve U.S. customers at scale, deepen our industrial footprint and build a genuinely American supply chain for graphene-enabled products. We expect EPA approval by the end of June, 2027, and are planning our commercial operations accordingly."

Jack Perkowski, chairman and non-executive director of the company, commented: "The United States is the most important market in the world for what GMG is building. This SNUN filing reflects our commitment to America -- not just as a customer base, but as a centre of production, capital formation and long-term growth. We are looking to the U.S. to drive the next chapter of GMG's commercial expansion."

About Thermal-XR

The Thermal-XR Enhance 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 Enhance is patented for 20 years in Australia and is expected to be patented in other countries around the world.

About G lubricant

G lubricant is what management believes to be a transformative graphene liquid concentrate additive designed to enhance the performance of diesel and gasoline (petrol) engines. This product has the potential to reshape the future of the global liquid fuel industry and offers an innovative solution that optimizes efficiency and power for stationary or mobile engines. G lubricant, a graphene liquid concentrate that can be added to any mineral or synthetic oil used in an internal combustion engine in a one-to-100 dosage, has been verified by the University of Queensland to increase fuel efficiency by up to 8.4 per cent in a diesel engine, as announced in February, 2025. G lubricant is patented for 20 years in Europe, the United States and China.

Restricted share unit grants

The company is also pleased to announce that, following the annual remuneration review, its board of directors has approved the grant of an aggregate of 783,590 restricted share units to employees and directors of the company pursuant to its restricted share and performance share plan and its stock option plan.

When vested, each RSU entitles the holder thereof to receive one share upon exercise in accordance with the plan. The holder at his or her own discretion, and separately from the company, may action those shares accordingly for his or her personal use.

About Graphene Manufacturing Group Ltd.

Graphene Manufacturing is an Australian-based clean-technology company that develops, manufactures and sells energy-saving and energy storage solutions, enabled by graphene produced through its in-house production process. Graphene Manufacturing uses its proprietary 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, low-cost, scalable, tuneable and low- to 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 to secure market applications. In the energy savings segment, Graphene Manufacturing has initially focused on a graphene-enhanced heating, ventilation and air conditioning coating (or energy-saving coating), which is being marketed into other applications, including electronic heat sinks, industrial process plants and data centres. Graphene Manufacturing has also developed a 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 research and development and commercialization of graphene aluminum-ion batteries. Graphene Manufacturing has also developed a graphene additive slurry aimed at improving 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-saving products;
3. Develop next-generation battery;
4. Develop supply chain, partners and project execution capability.

We seek Safe Harbor.