Mr. Duane Nelson reports

RZOLV TECHNOLOGIES SELECTED TO PARTICIPATE IN GOVERNMENT OF CANADA CLEAN ENERGY DELEGATION TO INDIA

Rzolv Technologies Inc. has been selected to participate as one of only 14 companies in the Canadian clean energy technologies research and development partnering delegation to India, delivered under the Canadian international innovation program, a funding program from the government of Canada's trade commissioner service. The in-person delegation is scheduled for April 14 to April 17, 2026, in Mumbai and Kolkata, and is intended to help build strategic partnerships between Canadian small- and medium-sized enterprises and Indian stakeholders in clean energy and related technology sectors. The official program is limited to 14 Canadian SMEs and includes utility meetings, business-to-business sessions, and site visits with companies in sectors including power, renewables, mineral processing, and oil and gas.

The company believes its selection reflects growing interest in cleaner, more efficient industrial technologies that can support mineral processing, metal recovery and more resilient critical mineral supply chains. India is a particularly important market in this regard. According to the TCS, India is the world's third-largest energy consumer, is targeting net-zero emissions by 2070 and 50 per cent non-fossil electricity by 2030, and offers Canadian firms the opportunity to leverage $150-billion to $200-billion in annual clean energy investments, strong policy incentives and initiatives.

"Being selected for this delegation is an honour and an important step for Rzolv," said Duane Nelson, president and chief executive officer. "India is one of the world's most significant growth markets for energy, industrial innovation and strategic materials. We believe our clean extraction platform has the potential to contribute to lower-impact mineral recovery from ores, secondary materials and stronger critical mineral value chains, and we look forward to exploring research, commercial and strategic partnerships in India."

Rzolv's participation also comes at a time of renewed momentum in Canada-India relations. On March 2, 2026, during his visit to India, Prime Minister Mark Carney announced a new Canada-India partnership focused on energy, critical minerals, technology and talent. The announcement included a new strategic energy partnership, two memorandums of understanding on critical minerals and energy sources, and a stated plan for Canada and India to conclude a new comprehensive economic partnership agreement this year, with a goal of more than doubling two-way trade to $70-billion by 2030. The visit also saw more than 10 commercial agreements worth over $5.5-billion.

"We view this selection as strategically timely," Mr. Nelson added. "As Canada and India expand co-operation in energy, critical minerals and advanced technology, Rzolv intends to position itself as a clean-technology partner in mineral processing and metal recovery applications where innovation, sustainability and supply chain resilience matter."

The company intends to use the delegation to engage prospective industrial, research and commercial partners in India and to evaluate opportunities for pilot work, technical collaboration and market development. Participation in the delegation does not constitute an endorsement of the company or its technology by the government of Canada.

About Rzolv Technologies Inc.

Rzolv is a clean-technology company developing innovative, non-cyanide hydrometallurgical solutions for the extraction of gold and critical minerals for ores, tailings, concentrates and secondary waste materials.

The company's flagship technology, Rzolv, is a proprietary water-based reagent system intended to recover precious and critical elements from ores, concentrates, tailings and secondary materials in applications where conventional extraction methods are technically ineffective, increasingly restricted or subject to heightened permitting complexity.

Rzolv is designed as a lower-toxicity alternative with the potential to deliver comparable recovery performance and economic outcomes. The technology aims to expand the addressable gold market by enabling extraction in environments where cyanide use presents technical, environmental or permitting constraints.

We seek Safe Harbor.