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Vancouver, British Columbia – TheNewswire - April 28, 2026 — Plaid Technologies Inc. (CSE: STIF) (OTC: STIFF) (FRA: 5QX0) (“ Plaid ” or the “ Company”) is pleased to announce that it has entered into a definitive supply agreement (the “ Definitive Agreement ”) with a European-based producer and supplier of high-quality graphene.

The Definitive Agreement has a term of 24 months and provides Plaid with expanded access to graphene under the following tiered pricing structure (all amounts in Canadian dollars):

• Up to $4,000,000 at $90 per gram;  

• An additional $6,000,000 at $85 per gram; and  

• A further $10,000,000 at $80 per gram.  

Consideration under the Definitive Agreement may be satisfied in cash, common shares of the Company, or a combination thereof, at the Company’s discretion. Any issuance of common shares pursuant to the Definitive Agreement will be subject to approval of the Canadian Securities Exchange, if required, and compliance with applicable securities laws.

The Definitive Agreement builds on a prior supply arrangement pursuant to which the Company purchased approximately $1,140,000 of graphene at $130 per gram. The revised pricing reflects increased scale and the ongoing commercial relationship between the parties.

Graphene is a key input in Plaid’s advanced materials platform, including its graphene-enhanced cement and related technologies.

While graphene is a foundational input, the value of the Company’s products is primarily driven by its proprietary formulations and processing technologies. The Company believes the commercial value of its graphene-enhanced applications may significantly exceed the cost of the underlying graphene input.

The Company believes a defined supply arrangement supports its progress toward commercialization by improving supply chain stability, cost visibility, and scalability.

Guy Bourgeois, Chief Executive Officer of Plaid, commented:

“This agreement strengthens our supply chain and improves our cost structure as we advance our graphene-based technologies toward commercialization. We believe this secured source of high-quality graphene provides Plaid with a competitive edge in a rapidly expanding marketplace.”

Marketing Agreement

The Company also announces that it has entered into an agreement with Machai Capital Inc. (“ Machai ”) dated April 24, 2026, pursuant to which Machai will provide marketing, advertising and public awareness services to the Company, including a comprehensive digital media marketing program, multi-platform digital campaigns, social media amplification and targeted investor communications.

The services will be conducted in accordance with the applicable policies of the Canadian Securities Exchange (the “ CSE ”).

Machai has been engaged by the Company for a three-month period commencing immediately. In consideration for the services provided, the Company will pay Machai up to $250,000 plus GST out of its general working capital account over the period of the contract. Machai and its principal Suneal Sandhu currently own 2,000,000 common shares of the Company, representing approximately 2.95% of the issued and outstanding Common Shares.

Private Placement

The Company is also pleased to announce a non-brokered private placement (the “ Offering ”) of up to 6,250,000 units of the Company (the “ Units ”) at a price of $0.48 per Unit for gross proceeds of up to $3,000,000.

Each Unit will consist of one common share of the Company (a “ Common Share ”) and one-half of one common share purchase warrant (each whole warrant, a “ Warrant ”). Each Warrant will entitle the holder to acquire one additional Common Share at a price of $1.00 per share for a period of 48 months from the date of issuance.

The Company may, in its sole discretion, accelerate the expiry date of the Warrants if the closing price of the Company’s common shares on the CSE is at least $1.30 for ten (10) consecutive trading days. In that event, the Company may fix the accelerated expiry date at a date not less than 30 days after the date on which notice is given to Warrant holders by news release, or such later date as may be specified in the news release.

The net proceeds from the financing will be used for general and administrative expenses and working capital.

The Offering may close in one or more tranches and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals, including approval of the CSE. The Company may pay finder’s fees and/or issue finder’s warrants in connection with the Offering in accordance with applicable securities laws and CSE policies.

All securities issued pursuant to the Offering will be subject to a statutory hold period of four months and one day from the date of issuance in accordance with applicable Canadian securities laws.

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. 

The securities issued under the Offering have not been and will not be registered under the United States Securities Act of 1933, as amended (the “ U.S. Securities Act ”), and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the U.S. Securities Act and applicable state securities laws. This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, the securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful.

About the Company

Plaid Technologies Inc. is a Canadian advanced materials company focused on the development and commercialization of graphene-enhanced technologies, including applications in construction, energy, and industrial materials.  

On Behalf of the Board of Directors

"Guy Bourgeois"

Guy Bourgeois

Director & Chief Executive Officer

Telephone:  1-800-585-7517

Email: info@plaidtechnologiesinc.com

Website: https://www.plaidtechnologiesinc.com

Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian securities laws. Forward-looking information in this news release includes, but is not limited to, statements regarding: the Company’s ability to procure graphene under the Definitive Agreement; the anticipated benefits of the Definitive Agreement, including improved supply chain stability, cost visibility and scalability; the Company’s development and commercialization plans for its graphene-enhanced technologies; the expected benefits of the Company’s marketing and public awareness activities; the services to be provided by Machai Capital Inc.; the completion, size, timing and terms of the Offering; the anticipated use of proceeds from the Offering; the receipt of all necessary regulatory approvals, including approval of the CSE; the payment of finder’s fees or issuance of finder’s warrants; and the potential acceleration of the expiry date of the Warrants.

Forward-looking information is based on management’s current expectations, estimates, projections, assumptions and beliefs as of the date of this news release. Such assumptions include, without limitation: that the Definitive Agreement will remain in effect in accordance with its terms; that the Company will be able to access graphene on the pricing and terms contemplated by the Definitive Agreement; that graphene availability, quality and pricing will remain sufficient to support the Company’s development plans; that the Company’s development and commercialization activities will proceed as currently anticipated; that the Company will be able to maintain relationships with suppliers, consultants, contractors, marketing service providers and other third parties; that the marketing services to be provided by Machai Capital Inc. will be completed as contemplated; that the Offering will be completed on the terms and timeline currently anticipated, or at all; that required regulatory approvals, including CSE approval, will be obtained; that required resources and funding will be available on acceptable terms; and that market, technical, competitive, regulatory and general economic conditions will not change in a materially adverse manner.

Forward-looking information is subject to known and unknown risks, uncertainties and other factors, many of which are beyond the Company’s control, that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking information. Such risks and uncertainties include, without limitation: the risk that the Company may not be able to procure graphene in the quantities, quality or pricing anticipated, or at all; risks relating to supply chain disruptions, cost increases and supplier performance; the risk that the anticipated benefits of the Definitive Agreement may not be realized; risks relating to product development, technical performance, manufacturing feasibility, scale-up and commercialization; the risk that commercial applications, customers or partnerships may not develop on the timelines anticipated, or at all; risks relating to the effectiveness of marketing and investor awareness activities; dependence on third-party service providers, consultants, suppliers and strategic counterparties; the risk that the Offering may not be completed on the terms anticipated, or at all; the risk that required approvals, including CSE approval, may not be obtained; financing risks; changes in market demand or competitive conditions; regulatory and permitting requirements; and general business, economic, capital markets and industry conditions.

Readers are cautioned not to place undue reliance on forward-looking information. Although the Company believes that the assumptions and expectations reflected in such forward-looking information are reasonable, there can be no assurance that such assumptions or expectations will prove to be correct. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking information to reflect new information, future events or otherwise .

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