Mr. Michael Murphy, a shareholder, reports

MICHAEL MURPHY ACQUIRES SECURITIES OF GLOBAL BATTERY METALS LTD.

Michael Murphy has acquired ownership and control of one million units of Global Battery Metals Ltd., effective March 2, 2026. Each subject unit consists of one common share of Global Battery and one common share purchase warrant exercisable at 12 cents for a period of three years from the date of issuance. The subject units were acquired pursuant to a private placement from the treasury of Global Battery.

The subject units represent approximately 8.92 per cent of all issued and outstanding shares as at March 2, 2026 (or approximately 14.67 per cent on a partially diluted basis, assuming exercise of the warrants only), resulting in a corresponding change to the aggregate percentage ownership of Global Battery by the acquirer.

Immediately before the acquisition, the acquirer held 325,455 shares and 175,000 incentive stock options to acquire an additional 175,000 shares of the company of the preacquisition issued and outstanding shares on March 2, 2026 (or approximately 6.23 per cent on a partially diluted basis, assuming exercise of all the options). Immediately following the acquisition, the acquirer held 1,325,455 shares (inclusive of the subject units) representing approximately 8.92 per cent of all issued and outstanding shares as at March 2, 2026 (or approximately 15.60 per cent on a partially diluted basis, assuming exercise of the warrants and options).

The subject units were acquired pursuant to the private placement for a price of nine cents per subject unit. The holdings of securities of Global Battery by the acquirer are managed for investment purposes, and the acquirer could increase or decrease his investment in Global Battery at any time or continue to maintain his current investment position, depending on market conditions or any other relevant factor.

Additional information

A copy of the applicable securities report filed in connection with the matters set forth above may be obtained by contacting Mr. Murphy at 888 Homer St., Suite 1808, Vancouver, B.C., V6B 2W5 (telephone: 604-694-2350).