Mr. Josh Wardell reports

STRACON GROUP HOLDING INC. PROVIDES UPDATE ON FALSE CLAIMS MADE BY SLC HOLDINGS INC.

Stracon Group Holding Inc. has provided an update on its Jan. 23, 2026, press release, which discussed the false claims being made by SLC Holdings Inc. in an application filed with the Ontario Securities Commission (OSC), which is being contested by the company.

On Jan. 29, 2026, a Peruvian court granted an interim injunction sought by Stracon directing the Peruvian Public Registry to immediately complete the registration process of the merger between Stracon and Stracon Holdings SA, notwithstanding any opposition by SLC. It also granted Stracon the right to secure $2-million (U.S.) of SLC's assets for damages and costs.

Stracon continues to contest SLC's application with the OSC.

About Stracon Group Holding Inc.

Stracon is an integrated, engineering-led and technology-enabled mining infrastructure and services group operating across the Americas. Headquartered in Toronto, Canada, Stracon provides end-to-end solutions across the mining life cycle, including engineering and technology solutions, industrial services, equipment and support services, and infrastructure development and ownership. The company partners with leading global mining operators to design, build, operate and maintain critical infrastructure that supports safe, efficient and sustainable mining operations.

We seek Safe Harbor.