Mr. Alex Norton reports

ALAROS EXPLORATION INC. ANNOUNCES RECORD DATE FOR SHARE SPLIT

Alaros Exploration Inc.'s board of directors has fixed Oct. 29, 2026, as the record date for the two-for-one split of its issued and outstanding common shares, subject to acceptance by the Canadian Securities Exchange. Shareholders approved the share split by special resolution at the company's annual general and special meeting held on Oct. 19, 2026. The company is undertaking the share split to increase the liquidity and marketability of its common shares.

The company may change the record date and will announce any change as required by the CSE or applicable law.

Each shareholder will receive two postsplit common shares for each presplit common share held, increasing the company's issued and outstanding common shares from 25,891,557 to 51,783,114, assuming no further issuances before the share split becomes effective. The exercise price and number of common shares issuable under the company's outstanding stock options, warrants and other convertible securities will be proportionately adjusted in accordance with their terms.

The common shares are expected to begin trading on a postsplit basis on the CSE at the market open on Oct. 29, 2026. The share split is not expected to result in any change to the company's name or trading symbol (ALAR).

The share split is expected to be implemented on a pushout basis through Integral Transfer Agency Inc., the company's transfer agent. Shareholders are not required to take any action in order to receive the additional common shares issuable pursuant to the share split.

About Alaros Exploration Inc.

The company is engaged in the business of mineral property exploration and development. The company has the exclusive option to acquire a 100-per-cent interest, subject to a 3-per-cent net smelter return (NSR) royalty, in the Birk Creek property, which collectively consists of 13 mineral claims covering approximately 2,786 hectares, located in the Kamloops mining division, British Columbia.

We seek Safe Harbor.