Mr. Malcolm Adams reports

HELIUM EVOLUTION ANNOUNCES GRANT OF STOCK OPTIONS

Helium Evolution Inc. has granted stock options under the company's stock option plan in connection with the appointment of Malcolm Adams as president, chief executive officer and director of the company, as previously announced on Jan. 26, 2026.

In aggregate, 1.4 million options have been granted. Each option entitles the option recipient to receive one common share of the company upon vesting, exercisable at a price of 12.5 cents per share. The options will vest as to 20 per cent on each of the six-month, 12-month, 18-month, 24-month and 30-month anniversaries of the date of grant, and will expire on Feb. 1, 2031.

The options were granted as part of the option recipient's compensation for services to the company as a director and officer, and are intended to align management's interests with those of shareholders and to incentivize the long-term success of the company.

About Helium Evolution Inc.

Helium Evolution is a Canadian-based helium exploration company holding the largest helium land rights position in North America among publicly traded companies, focused on developing assets in Southern Saskatchewan. The company has over five million acres of land under permit near proven discoveries of economic helium concentrations, which will support scaling the exploration and development efforts across its land base. Helium Evolution's management and board are executing a differentiated strategy to become a leading supplier of sustainably produced helium for the growing global helium market.

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