Mr. Francesco D'Alessio reports

LARGO PHYSICAL VANADIUM ANNOUNCES POSTPONEMENT OF ANNUAL MEETING

Largo Physical Vanadium Corp. has postponed its previously scheduled annual meeting of shareholders originally scheduled to be held at 10 a.m. on Aug. 18, 2026, until 10 a.m. on Sept. 10, 2026. The postponement is due to the previously disclosed notification by KPMG LLP that it would be resigning as auditor of the company on July 31, 2026. The company is currently working diligently to identify an appropriate successor auditor, the appointment of which would be approved by shareholders at the meeting. Additional details regarding the company's successor auditor and related matters will be provided once available.

The company also announces that the company has accepted the resignation of John Kanellistsas as director, effective Aug. 18, 2026, and Jonathan Lee and Francesco D'Alessio will not stand for re-election as directors at the meeting. The company thanks them for their contributions and wishes them well on their future endeavours.

About Largo Physical Vanadium Corp.

Largo Physical aims to provide a secure, convenient and exchange-traded investment alternative for investors interested in having direct exposure to physical vanadium, which is essential to achieve a greener world in key industries such as steel, aerospace and energy storage. Vanadium is non-degrading and fully recyclable when used as electrolyte in vanadium flow batteries, and offers carbon reducing attributes when used in steel alloying applications. Largo Physical's strategy is not only to achieve appreciation through the acquisition of vanadium, but to own and actively supply vanadium to end-users of vanadium flow batteries to advance to integration of renewable energy in long-duration storage. This strategy is integral to Largo Physical's business plan as it necessarily defrays the costs associated with using vanadium in vanadium flow batteries through the unique non-degradation characteristics of the metal.

Largo Physical's common shares trade on the TSX Venture Exchange under the symbol VAND.

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