Mr. Michel Fontaine reports

WINDFALL GEOTEK ANNOUNCE THE INITIAL MEMBERS OF A CONSORTIUM FOR BOREALIS DEFENCE INNOVATION SECURE HUBS (DISH) INITIATIVE

Windfall Geotek Inc. has disclosed its first members of a strategic consortium for the Borealis Initiative.

Following the company's Feb. 26 news release, it is proud to divulge its initial members for this project, a group of individuals and organizations with whom the company shares the same values and the same goals of saving lives with the assistance of technology.

The consortium is composed of Uncrewed Systems (UxS), land mine elimination specialist, Windfall Geotek's proprietary AI (artificial intelligence) systems, leading imaging experts from Quebec Universities, ex members of the Canadian Armed Forces (CAF) and a leading real time dashboarding application.

These members are:

• Terrascope Inc.; CTsystems;
• Simon Duchesne;
• D. Louis Collins;
• Pierre Daigle;
• Christian Rousseau;
• Lightning Chart.

This submission falls under the Canadian federal government's recently announced 10-year, $50-billion defence investment plan. Specifically, Defence Innovation Secure Hubs (DISH comprising industry leaders in CFP).

Utilizing its established AI platform, Windfall will lead the task force in applying for a contribution ranging from $5-million to $10-million, as outlined by the Borealis Defence Innovation Secure Hubs framework.

Management and partners commentaries

Michel Fontaine, president and chief executive officer of Windfall Geotek, commented:

"Windfall Geotek is proud to present a consortium shaped by years of focused research and strategic collaboration. By uniting leaders in data acquisition, advanced analytics and precision target-elimination technologies, we offer a fully integrated platform designed to strengthen Canada's resilience and technological leadership.

"Our turnkey solution aligns directly with the ambitions of the Borealis Initiative, advancing national capabilities, accelerating innovations, and supporting long-term economic and strategic priorities. We look forward to submitting our application ahead of the April 2, 2026, deadline while demonstrating the transformative potential of this partnership."

Pierre Daigle, member of the advisory committee, retired Major General and retired Ombudsman for the Department of National Defence and the Canadian Forces, commented:

"Windfall Geotek is translating 21 years of mining sector leadership into a powerful tool for drone data analysis. This technology represents a core strategic asset with immediate global applications. We are prepared to lead Canada's efforts in providing these advanced solutions to international partners, specifically addressing urgent needs in Ukraine."

Christian Rousseau, chief executive officer and co-founder at The ALRM Group Inc., retired Colonel serving more than 35 years in the military field also Canadian Armed Forces serving more than 35 years in the field of military intelligence, commented:

"Very excited to contribute from my previous experience as well as leveraging my relationship in the area to benefit the consortium, a great opportunity for Canada Defense."

Pierre-Olivier Dostie, president of Terrascope and expert in drone geophysics, commented:

"We are thrilled to join this consortium and look forward to contributing our expertise in aerial geophysical surveying in the coming months. We will conduct a series of tests to support bringing this innovation to market by March, 2028, in alignment with DISH requirements."

About Windfall Geotek Inc.

Windfall Geotek is a global leader in AI-driven mineral exploration, turning complex geoscience data into high-potential discoveries with unmatched speed and accuracy. With a multidisciplinary team of geophysicists, geologists and AI specialists, Windfall is validating selected AI-generated targets to demonstrate the reliability of its system. Beyond mining, the company is expanding its expertise into life-saving applications, including landmine and UXO detection.

We seek Safe Harbor.