Mr. Craig Nicol reports

GMG'S G LUBRICANT AND THERMAL-XR TO BE DISTRIBUTED BY BLACKWOODS IN AUSTRALIA

Blackwoods will distribute Graphene Manufacturing Group Ltd. products in Australia. Blackwoods will distribute Graphene Manufacturing's liquid graphene products: G lubricant and Thermal-XR.

Blackwoods is Australia's leading supplier of industrial and safety solutions, supporting businesses of all sizes across mining, manufacturing, construction, transport, government, utilities and other critical industries. Established in 1878 and part of the Wesfarmers Group, Blackwoods provides an extensive range of over 300,000 products spanning safety, personal protective equipment, tools, workwear, maintenance, repair and operations supplies, and specialized industrial solutions.

Blackwoods operates a national network of branches, distribution centres and on-line platforms, supported by more than 2,000 team members and a dedicated field sales force.

John Veitch, Blackwoods category manager for Australia, commented: "Blackwoods is pleased to add GMG's innovative graphene-enhanced products to our industrial product offering across Australia. Our customers are continually looking for practical solutions that support equipment reliability, operational efficiency and improved asset performance. We see G lubricant and Thermal-XR as strong additions to our range and look forward to supporting their availability through our branch, sales and distribution network."

Craig Nicol, chief executive officer and managing director of the company, commented: "We are very pleased to have Blackwoods distribute G lubricant and Thermal-XR in Australia. Blackwoods has an excellent reputation, extensive customer reach and a strong industrial distribution network, making them an ideal channel partner for GMG, as we continue to commercialize our graphene-enhanced products. Blackwoods' focus on industrial customers, safety, quality and reliable supply aligns strongly with GMG's approach to bringing practical graphene solutions to market. We believe this relationship can help increase customer access to G lubricant and Thermal-XR across a wide range of industrial and commercial applications."

Jack Perkowski, non-executive chairman and director of the company, commented: "This is an important commercial development for GMG. Partnering with a leading industrial distributor such as Blackwoods provides GMG with an established route to market in Australia and supports our strategy of scaling sales through high-quality distribution partners. Blackwoods' extensive branch network, sales capability and customer relationships provide a strong platform for GMG's products. The board is pleased to see continued progress in building the commercial foundations for GMG's graphene products."

About Graphene Manufacturing Group Ltd.

Graphene Manufacturing is an Australian-based clean-technology company which develops, makes and sells graphene enhanced products manufactured where the graphene is made through an 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, low-cost, scalable, tunable 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 coating (or energy saving coating), which is 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 research and development and commercialization of graphene aluminum-ion batteries. Graphene Manufacturing has also developed a graphene additive slurry that is 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 savings products;
3. Develop next-generation battery;
4. Develop supply chain, partners and project execution capability.

We seek Safe Harbor.