File: '\\swfile\EmailIn\20250929 140517 Attachment GLOBAL UAV News Release announcing closing of private placement (September 2025).docx'

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Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

GLOBAL UAV ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

VANCOUVER, BC - September 29, 2025 - Global UAV Technologies Ltd. (CSE: UAV, OTC:YRLLF, FSE:1OZ) (the "Company") announces that it has completed its non-brokered private placement financing (the "Offering") as previously announced on September 17, 2025, pursuant to which it has issued 850,000 units (each, a "Unit") at a price of $0.105 per Unit. Each Unit is comprised of one common share (each, a "Share") and one common share purchase warrant (each, a "Warrant"). Each Warrant entitles the holder thereof to acquire one Share (each, a "Warrant Share") at a price of $0.135 per Warrant Share for a period of two years following closing. Proceeds of the Offering will be used for general working capital and payment of debt.

All securities issued in connection with the Offering will be subject to a statutory hold period expiring four months and one day after closing of the Offering.

One insider of the Company (the "Insider") subscribed for 250,000 Units under the Offering, which is considered to be a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The issuance to the Insider is exempt from the valuation requirement of MI 61-101 by virtue of the exemption contained in section 5.5(b) as the Shares are not listed on a specified market and from the minority shareholder approval requirements of MI 61-101 by virtue of the exemption contained in section 5.7(a) of MI 61-101 in that the fair market value of the consideration of the Shares and Warrants to be issued to the Insider does not exceed 25% of the Company's market capitalization.

This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined under the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

On Behalf of the Board of Directors

"James Rogers"

James Rogers

Director, President and CEO

The CSE has neither approved nor disapproved the contents of this press release and the CSE does not accept responsibility for the adequacy or accuracy of this release.