Mr. Pav Jordan reports

NORTHERN GRAPHITE GRANTS STOCK OPTIONS AND AMENDS RSU VESTING

Northern Graphite Corp. has granted a total of 125,000 stock options to an officer and an employee of the company. These stock options are exercisable at 10.5 cents per share and will expire on May 10, 2030.

Additionally, further to the company's press release dated March 13, 2025, the company announces that the vesting periods relating to a total of 350,000 restricted share units (RSUs) granted in March, 2025, have been amended. The amended vesting terms of these RSUs are as follows: 250,000 RSUs vest 40 per cent on April 1, 2026, 30 per cent on April 1, 2027, and 30 per cent on April 1, 2028; and 100,000 RSUs vest 25 per cent on April 1, 2026, 25 per cent on April 1, 2027, and 50 per cent on April 1, 2028.

About Northern Graphite Corp.

Northern, the only natural graphite producing company in North America, is a Canadian, TSX Venture Exchange-listed company that is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/electric vehicles, fuel cells and graphene, as well as advanced industrial technologies.

Northern expects to become one of the largest natural graphite producers outside of China when its Namibian operations come back on line. The company also has the large-scale Bissett Creek project in Ontario and substantial additional measured and indicated resources in Namibia and the Mousseau property in Quebec, which are expected to be sources of continued production growth in the future. All projects have battery-quality graphite and are located close to infrastructure in politically stable jurisdictions.

We seek Safe Harbor.