Mr. Ron Schmitz reports

GLOBAL UAV ANNOUNCES FORWARD SHARE SPLIT

Global UAV Technologies Ltd. is undertaking a forward split of all of its issued and outstanding common shares on the basis of 2.5 postsplit shares to one presplit share, with any fractional shares resulting from the forward split that are at least one-half of one share being rounded up to one whole share. Subject to Canadian Securities Exchange approval, all shareholders of record on March 11, 2026, are expected to be entitled to receive 2.5 additional shares for each existing share held pursuant to the forward split. The company is undertaking the forward split in order to make the capital structure more attractive for potential acquisitions and financings.

As per CSE Policy 9, the forward split will be conducted on a pushout basis, and, therefore, the Cusip number for the shares will remain unchanged. DRS statements for the additional shares resulting from the forward split will be sent to the shareholders as of the record date by the company's transfer agent, Endeavour Trust Company. Shareholders of the company do not need to take any action with respect to the forward split. The forward split will not materially affect the percentage ownership in the company of shareholders even though such ownership will be represented by a larger number of shares.

The company currently has 17,479,491 shares issued and outstanding. Upon completion of the forward split, the company is expected to have 43,698,728 shares outstanding, subject to rounding. The company anticipates that the shares will commence trading on a postsplit basis under the existing stock trading symbol, UAV, effective at the opening of markets on March 11, 2026. The forward split remains subject to the approval of the CSE.

Outstanding stock options and share purchase warrants will also be adjusted by the forward split ratio and the respective exercise prices of outstanding stock options and share purchase warrants will be adjusted accordingly.

We seek Safe Harbor.