Mr. Don Currie reports

HILLCREST ENGAGES MARKET ONE MEDIA GROUP INC.

Hillcrest Energy Technologies Ltd. has engaged Market One Media Group Inc.

Hillcrest has entered into a media services contract with the consultant dated June 2, 2026, pursuant to which the consultant and its affiliates will conduct a comprehensive 12-month campaign to position the company for sustained media awareness through a strategic mix of premium content and targeted outreach. The services consist of promotional activities, including digital media content, editorial placements, newsletter distributions, e-mail outreach and advertising campaigns. The services will be provided on platforms managed by the consultant and its affiliates, including financial media, on-line publications and social media platforms, such as BNN Bloomberg. The term of the agreement is 12 months commencing on July 1, 2026. The services are expected to end on June 30, 2027.

The consultant can be contacted at 1-604-428-2125 or info@marketone.ca, with a business address located at Suite 320, 440 Hastings St. W, Vancouver, B.C., V6B 1L1. The consultant is at arm's length from the company.

In consideration of the services, the company has agreed to pay $100,000, plus applicable taxes, to the consultant. The services will be conducted at the direction of the company.

The company also announces the grant of 5,278,601 restricted share units (RSUs) to officers, directors and consultants of the company, pursuant to the company's restricted share unit plan. The RSUs have a three-year term and vest immediately.

The company further announces that it has granted stock options to officers and directors of the company to purchase up to 6,605,175 common shares pursuant to the company's share option plan. The options vest as follows: (i) 1,321,035 options vest on June 29, 2027; (ii) 1,981,552 options vest on June 29, 2028; and (iii) 3,302,588 options vest on June 29, 2029. The options are exercisable on or before June 30, 2031, at a price of 17 cents per common share.

About Hillcrest Energy Technologies Ltd.

Hillcrest Energy Technologies is a clean technology company focused on providing advanced power conversion technologies and digital control systems for next-generation powertrains and grid-connected renewable energy systems. From concept to commercialization, Hillcrest is investing in the development of energy solutions that will power a more sustainable and electrified future.

Hillcrest is publicly traded on the Canadian Securities Exchange under the symbol HEAT, on the OTCQB Venture Market as HLRTF and on the Frankfurt Stock Exchange as 7HI.

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