File: '\\swfile\EmailIn\20260306 170906 Attachment GLOBAL UAV - News Release clarifying shares to be received in connection with Forward Share Split.docx'

GLOBAL UAV CORRECTS NUMBER OF SHARES TO BE RECEIVED ON FORWARD SHARE SPLIT

VANCOUVER, BRITISH COLUMBIA, March 6, 2026, Global UAV Technologies Ltd. (CSE: UAV, OTC:YRLLF, FSE:1OZ) (the "Company") announces, that further to its news release dated March 5, 2026 (the "Release"), in connection with the forward split (the "Forward Split"), all shareholders of record on March 11, 2026 (the "Record Date") are expected to be entitled to receive one and one-half (1.5) additional Shares for each existing Share held pursuant to the Forward Split.

On Behalf of the Board of Directors

"Ron Schmitz"

Ron Schmitz

Director, President and CEO

Forward Looking Statements

This news release includes certain "forward-looking statements" under applicable Canadian securities legislation that are not historical facts. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this news release include statements regarding timing and dates of all matters with respect to the Forward Split, the receipt of approval from the CSE for the Forward Split and the expected timing of commencement of trading. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including, with respect to the Forward Split, the receipt of approval from the CSE for the Forward Split and the expected timing of commencement of trading, as stated in this news release and those additional risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.