Mr. Denis Laviolette reports

EARTHLABS ADOPTS NEW EQUITY COMPENSATION PLAN

Earthlabs Inc. has adopted a new equity compensation plan, which was approved by the company's shareholders at its annual and special general meeting held on June 25, 2026. The 2026 plan replaced the company's existing stock option plan and restricted share unit plan, and provides for the issuance thereunder of up to: (i) such number of stock options as is equal to 10 per cent of the issued and outstanding common shares of the company from time to time; and (ii) 14,108,242 of restricted share units of the company (being a fixed number equal to 10 per cent of the issued and outstanding common shares of the company as of the date of the meeting). All existing stock options of the company will continue to exist under the 2026 plan, and the company will be able to grant up to a further 1,523,976 stock options and 14,108,242 restricted share units under the 2026 plan. The 2026 plan is subject to final acceptance of the TSX Venture Exchange.

About Earthlabs Inc.

Earthlabs is a mining investment, technology and media company that aims to provide strategic leverage to the metal and mining sector through investments, royalties and a full suite of data-driven media software-as-a-service tools and services including CEO.ca, The Northern Miner, Mining.com, Canadian Mining Journal and DigiGeoData.

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