Mr. Andrew White reports

CHAR TECH ANNOUNCES ANNUAL GENERAL MEETING ON MAY 7, RSU AND OPTIONS GRANT

Char Technologies Ltd.'s 2026 annual general meeting will take place on May 7, 2026, at 9:30 a.m. EST, at the Sears Atrium at the Toronto Metropolitan University, third floor, 245 Church St., Toronto. Doors open at 8:30 a.m.

RSVP for the in-person AGM.

The AGM will provide shareholders with a comprehensive update on Char Tech's financial performance, operational milestones and strategic direction as the company advances its clean energy portfolio.

Agenda highlights include:

• Guest speakers: to be announced;
• Year in review: a comprehensive lookback at accomplishments over the past year and the collective efforts that have propelled Char Tech forward;
• Strategic road map: management's outlook on priorities and growth initiatives for the year ahead;
• Question-and-answer session: an open session for shareholders to engage directly with management;
• Networking: an opportunity to connect with fellow shareholders, industry peers and the Char Tech team.

Virtual attendance: A link to register for the live webcast will be made available closer to the meeting date. Please note that virtual registration is for viewing purposes only and does not confer participation rights. The company looks forward to welcoming you.

Restricted stock unit and option grant

The company announces that the board of directors has approved the grant of 937,865 stock options to employees and consultants of Char Tech, which are exercisable into common shares of Char Tech at a price of 30 cents per common share and expire on April 9, 2030. Of the grant, 50,000 options vest immediately, and the remaining 887,865 vest with time and performance milestones over the next 30 months. Char Tech also announces that its board of directors has approved the grant of 303,092 restricted stock units to employees and consultants of Char Tech, of which 25 per cent vest after one year from the date of issue, with full vesting after 30 months. The foregoing grants are subject to the company's amended and restated omnibus long-term incentive plan and approval of the TSX Venture Exchange.

About Char Technologies Ltd.

Char Tech is a Canadian clean-technology company developing first-in-kind high-temperature pyrolysis systems that process unmerchantable wood and organic waste to generate two renewable energy revenue streams, renewable natural gas or green hydrogen, and a solid biocarbon that serves as a carbon-neutral, drop-in replacement for metallurgical coal.

Char Tech's HTP platform is also advancing a new vertical focused on the permanent destruction of PFAS in waste water biosolids. Operating at temperatures sufficient to break down long-chain fluorinated compounds, the system enables municipalities and industrial operators to eliminate PFAS while converting biosolids into energy and low-carbon solid products.

We seek Safe Harbor.