Mr. Scott Taylor reports

LITHOS PROVIDES Q3 CORPORATE & OPERATIONAL UPDATE

Lithos Group Ltd. has provided shareholders with a Q3 corporate and operational update highlighting significant advances in the company's Acqua and Tierra technologies and new strategic partnerships with major lithium producers.

Scott Taylor, chief executive officer of Lithos, shared his enthusiasm about the company's recent progress: "Our Acqua technology continues to prove its effectiveness, especially in our collaboration with Sociedad Quimica y Minera de Chile (SQM), one of the largest lithium producers in the world. This validation from an industry giant, which has tested nearly every direct lithium extraction (DLE) technology available, speaks volumes about our competitive edge. The positive test results we've seen with Acqua not only reinforce our ability to deliver high-purity lithium but also highlights the technology's impact on sustainability -- a crucial factor as the global market shifts towards environmentally friendly energy solutions. "Further to SQM, we are also in advanced discussions with several other large lithium producers as well as companies that are at the forefront of the DLE technology space."

Mr. Taylor emphasized that Lithos is not just stopping at lithium recovery but is pushing the boundaries of innovation: "We are equally excited about the growing interest in our Tierra technology, a post-DLE solution that addresses one of the industry's biggest challenges -- how to responsibly reinject spent brine without continuously depleting freshwater resources. Tierra is like a turbocharger for the DLE process, recycling and conditioning spent brine so it can be reinjected at scale, effectively closing the loop in the extraction process. This provides a significant environmental and technological benefit for companies while creating an additional revenue stream for Lithos, reinforcing our role as a leader in both innovation and sustainability. We have two large customers currently under contract with Tierra and look to immediately monetize this solution."

Key achievements:

• Technology validation with SQM: In partnership with Sociedad Quimica y Minera de Chile (SQM), the Acqua technology successfully demonstrated the ability to recover high-purity lithium while removing impurities like magnesium, boric acid, calcium and sulphates -- critical for producing battery-grade lithium. These tests were conducted at Lithos's advanced facility in Bessemer, Ala.
• Global collaborations: Lithos is currently working with two multinational corporations in the specialty chemicals and mining industries. After evaluating all available DLE technologies, these companies have selected Acqua for pretreatment testing and are actively exploring Tierra as a solution for fluid reinjection at scale. These collaborations reflect Lithos's ability to deliver transformative results for global players in lithium production.

Innovative technology

Lithos is at the forefront of lithium extraction by moving away from traditional, environmentally harmful methods like evaporation ponds. The company's Acqua technology is a patent-pending hybrid electropressure membrane process that increases lithium concentration without the use of fresh water or harmful chemicals. This not only enhances the efficiency of lithium extraction but also drastically reduces the environmental impact, aligning with the industry's growing demand for sustainable mining practices.

The Tierra technology complements Acqua by enabling the reinjection of spent brine after extracting lithium. This technology eliminates the need for fresh water, further reducing the environmental footprint of lithium extraction while providing a closed-loop solution that enhances the economic viability of DLE operations.

Grant funding

Building on its success, Lithos has secured phase II funding through the U.S. Department of Energy's Fastrack program to validate both the Acqua and Tierra technologies further. The company is now pursuing a multimillion-dollar phase III commercialization grant to accelerate the deployment of these systems across key customer projects.

Intellectual property protection

In addition, Lithos recently filed a special petition with the U.S. Patent and Trademark Office to expedite the issuance of the fundamental process patent "Electro-Pressure Membrane Method for Recovery and Concentration of Lithium from Aqueous Sources."

Looking ahead

"Our achievements this quarter are just the beginning of a transformative period for Lithos," said Mr. Taylor. "As demand for lithium continues to grow with the global push towards electric vehicles and renewable energy storage, we are confident that our innovative technologies position us to become a key player in meeting that demand sustainably. With the anticipated announcements of new contracts and continued validation from industry leaders, we are moving closer to our goal of becoming a commercial services company that not only extracts lithium but does so in a way that safeguards the environment for future generations."

About Lithos Group Ltd.

Lithos Group is a mining technology company focused on selective extraction of aqueous minerals. The company's Acqua technology allows lithium to be extracted from continental brine reservoirs without the need for additional fresh water or any added chemicals or reagents. Lithium is now among the world's most in-demand metals as the world electrifies to reduce CO2 (carbon dioxide) emissions, led by continuing growth in EV (electric vehicle) sales and the installation of hundreds of gigawatts of intermittent solar power generation capacity requiring partial battery storage solutions.

The company's mission is to produce sustainable lithium without evaporation ponds. Acqua is Lithos's patent-pending technology that spans the complete value chain from the conditioning and pretreatment of raw brines through the DLE phase into the polishing and purification of battery-grade lithium feedstock. Lithos has two processing facilities: a 4,000-square-foot lab in Denver, Colo., and a 55,000-square-foot complex in Bessemer, Ala.

Lithos is working with multiple strategic mineral resource owners, including brines from the largest salars in Chile and Argentina and the Smackover reservoir in the southeastern United States. Lithos's wholly owned subsidiary, Aqueous Resources LLC, is a U.S. Department of Energy grant awardee and a Colorado Advanced Industries grant awardee.

We seek Safe Harbor.