Mr. Craig Nicol reports

GMG SIGNS BINDING DISTRIBUTION AGREEMENT WITH BRENNTAG FOR EXCLUSIVE EUROPEAN DISTRIBUTION OF GRAPHENE PRODUCTS

Graphene Manufacturing Group Ltd. has signed an exclusive distribution agreement with Brenntag Quimica SAU (XETR: BNR) of Spain to set out the terms of the sale and distribution of Graphene Manufacturing's graphene products, initially Thermal-XR, G-Lubricant and G-Fluid products within Europe, initially for Spain, Italy and Portugal. Brenntag is a global market leader in the distribution of industrial and specialty chemicals and ingredients. The distribution agreement initially focuses on Graphene Manufacturing's liquid graphene products: G Lubricant, G Fluid and Thermal-XR. The commencement date of the distribution agreement is Nov. 4, 2026.

Antonio Agra Heredero, Brenntag sales manager lubricants South Europe, commented: "This collaboration with GMG represents an exciting opportunity to introduce next-generation graphene solutions to our customers. We see strong potential for these products to deliver measurable energy savings, extend equipment life, and enhance performance across a range of industrial and automotive applications. We look forward to working closely with GMG to validate and scale these opportunities across Europe."

Craig Nicol, chief executive officer and managing director of the company, commented: "We are very pleased to be working with Brenntag, a global leader with deep market reach and technical capability. This distribution agreement is a key step in accelerating the commercialization of our graphene liquid technologies in Europe. By combining Brenntag's distribution strength with GMG's innovation, we aim to rapidly demonstrate real-world value for customers and build a strong foundation for long-term growth."

Jack Perkowski, non-executive chairman and director of the company, commented: "This agreement reflects the execution of GMG's global growth strategy. Establishing partnerships with leading distributors like Brenntag is critical as we scale production and expand into key international markets. Europe is a major opportunity, and this collaboration positions us well to drive adoption of our technology and support the next phase of the company's expansion."

About Brenntag

Brenntag is the global market leader in chemicals and ingredients distribution, connecting customers and suppliers in the chemical industry. Brenntag operate two main divisions: Brenntag Essentials and Brenntag Specialties, offering a full range of industrial and specialty chemicals, as well as tailored application and supply chain solutions. With over 18,100 employees and a network of more than 600 sites in 70 countries, Brenntag is committed to sustainability and providing high-quality products and services across various industries.

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, low-cost, 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 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 has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, Graphene are working with financial support from the Australian government to progress R&D and commercialization of graphene ion batteries. Graphene has also developed a graphene additive slurry that is aimed at improving the performance of lithium-ion batteries.

Graphene's four critical business objectives are:

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

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