Mr. Martin Turenne reports

FPX NICKEL ANNOUNCES APPOINTMENT OF CHIEF FINANCIAL OFFICER AND CORPORATE SECRETARY

FPX Nickel Corp. has appointed Shahid Pannun as the company's new chief financial officer and corporate secretary. The appointment of Mr. Pannun is part of a planned transition, as previously announced by the company on May 28, 2026, coinciding with the departure of FPX's previous chief financial officer and corporate secretary, Felicia de la Paz.

"I am very pleased to welcome Shahid to FPX, where he will assume leadership for the company's financial, compliance and administrative functions," commented Martin Turenne, FPX Nickel's president and chief executive officer.

Mr. Pannun is a chartered professional accountant with over 25 years of financial leadership experience with public and private companies across multiple industries. Mr. Pannun started his professional career with PricewaterhouseCoopers LLP, where he provided financial due diligence services to strategic and financial buyers on a variety of large and complex transactions. Mr. Pannun has subsequently assumed progressively senior leadership roles focusing on financial reporting, financial planning and analysis, and treasury management for mid-size and large organizations in renewable energy, transportation and logistics, and software.

FPX has granted 500,000 stock options to Mr. Pannun. The stock options have an exercise price of 40 cents per share and will expire on June 30, 2031.

About FPX Nickel Corp.

FPX Nickel is focused on the exploration and development of the Baptiste nickel project, located in central British Columbia, and other occurrences of the same unique style of naturally occurring nickel-iron alloy mineralization known as awaruite.

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