Mr. Craig Nicol reports

GMG DELIVERS ITS FIRST EVER BULK SHIPMENT OF THERMAL-XR(R) TO NU CALGON IN THE USA

Graphene Manufacturing Group Ltd. has shipped its first-ever bulk order of Thermal-XR to its exclusive North American distributor, Nu Calgon Wholesaler Inc., which is marketed and sold as Nu-Calgon CoolWorx powered by GMG Graphene.

As previously disclosed, GMG is authorized to export, distribute, sell, use and dispose of graphene coating across multiple industries in the United States in accordance with its premanufacture notice P-25-0018.

DeWight Wallace, Nu-Calgon's president, commented: "We are very excited to receive this first shipment of Thermal-XR and to begin introducing it to the North American HVAC-R market. GMG's graphene technology offers contractors a genuine, measurable energy-saving solution and we look forward to deploying it across our distribution network. This is exactly the kind of innovative product our customers are looking for. We also look forward to welcoming Craig and members of his team to our headquarters in St. Louis to spend valuable time together planning for our future partnership."

Craig Nicol, chief executive officer and managing director of the company, commented: "Delivering our first bulk shipment of Thermal-XR to Nu Calgon is a genuinely significant moment for GMG. This order marks the transition from development and approval to commercial reality in the world's largest HVAC-R market. Receiving EPA authorization to export and sell our graphene-based product in the United States is something very few companies have achieved, and we are proud to be bringing that technology to market alongside a distributor of Nu Calgon's calibre."

Jack Perkowski, chairman and non-executive director of the company, commented: "This first shipment is a milestone we have been working toward for some time, and it reflects the strength of what GMG has built. EPA approval for the unrestricted export and sale of a graphene-based coating in the United States is a rare and hard-won achievement. Paired with Nu Calgon's reach across North America, we now have the foundation to scale Thermal-XR in a market that we believe will define GMG's next phase of commercial growth."

About Thermal-XR

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 GMG Graphene, resulting in an efficiency improvement and a potential power reduction. Thermal-XR Enhance is now patented for 20 years in Australia and is expected to be patented in other countries around the world.

About Nu-Calgon

Nu-Calgon supplies a complete line of specialty chemical products for the HVAC-R aftermarket that includes coil cleaners, leak sealants, air purifiers and refrigeration oils, water treatment, ice machine maintenance, and other specialty applications. These products are marketed to air conditioning, heating, refrigeration, and plumbing wholesalers, food service/restaurant suppliers and OEMs (original equipment manufacturers).

Nu-Calgon has dedicated factory sales professionals located across the United States and Canada, providing many years of sales and product experience. A state-of-the-art order entry system accesses the Nu-Calgon inventory at the centralized distribution centre, enabling prompt, accurate order processing and complete order shipment within 24 hours.

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'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.