Mr. Francis Letourneau reports

NURAN WIRELESS IS NOW SEC-REGISTERED - 40-F DECLARED EFFECTIVE, NASDAQ LISTING ONE STEP CLOSER

Nuran Wireless Inc.'s U.S. regulator, the Securities and Exchange Commission, has declared the company's Form 40-F registration statement (File No. 000-56857) effective as of June 26, 2026, pursuant to Section 12(g) of the Securities Exchange Act of 1934, as amended.

This milestone removes the single most significant regulatory barrier to Nuran's U.S. listing. With the 40-F now effective, Nuran's common shares are officially registered with the SEC -- a critical prerequisite to listing on the Nasdaq Capital Market and opening the company's story to the full universe of American investors.

Key milestone highlights

SEC order issued June 26, 2026

The SEC's Division of Corporation Finance, acting pursuant to delegated authority, issued an order declaring registration effective (File No. 000-56857), effective immediately.

Filed under MJDS

The 40-F Registration Statement was prepared and filed pursuant to the SEC's Multijurisdictional Disclosure System (MJDS), which allows eligible Canadian issuers to register securities with the SEC using existing Canadian continuous disclosure materials.

Exchange Act Section 12(g) registration:

Nuran's common shares are now registered under Section 12(g) of the Exchange Act -- a key statutory step toward listing on a U.S. national securities exchange.

Nasdaq listing pending

The company's application to list its common shares on the Nasdaq Capital Market remains under review and is subject to Nasdaq's satisfaction of all applicable listing requirements. No assurance can be provided that such listing will be obtained.

EDGAR availability

The 40-F registration statement and all exhibits are publicly available on EDGAR (File No. 000-56857).

Why this matters

SEC effectiveness means Nuran's securities are now legally registered with the world's largest securities regulator. Under the MJDS framework, Nuran will be able to satisfy a substantial portion of its U.S. reporting obligations by filing with the SEC the same annual disclosure documents it already prepares for Canadian regulators -- a significant administrative efficiency for a high-growth company focused on deploying capital into African markets. A Nasdaq listing, if and when achieved, is expected to dramatically expand Nuran's investor base to include U.S. institutional and retail investors.

Management commentary

"Today's SEC order is the result of years of disciplined execution - building a real business, maintaining rigorous Canadian disclosure standards and methodically preparing Nuran for the global capital markets it deserves," said Francis Letourneau, director and chief executive officer of Nuran Wireless.

Further announcements

Nuran will issue a separate news release upon receiving Nasdaq listing approval, if and when received.

EDGAR

Investors and analysts may review the full 40-F registration statement on EDGAR.

Update on private placement

Further to the company's news release dated April 8, 2026, the company may complete a private placement offering to be used for development of the company's business growth and for general working capital purposes. The amount of the offering and pricing of the securities to be issued are to be determined in the context of the market.

About Nuran Wireless Inc.

Nuran Wireless is a fast-growing, mission-driven rural telecommunications company dedicated to delivering affordable 2G, 3G and 4G wireless connectivity to remote and underserved communities worldwide. Through its scalable Network-as-a-Service (NaaS) model, Nuran has deployed networks serving more than one billion people who lack reliable connectivity, driving economic development, digital inclusion and social transformation across Africa and beyond.

We seek Safe Harbor.