Pursuant to a resolution passed by shareholders of the company at a meeting held on March 31, 2025, the company has consolidated its capital on a one-new-for-21-old basis. The name of the company has not been changed.

Effective at the opening on Thursday, April 24, 2025, the common shares of Kwesst Micro Systems Inc. will commence trading on the TSX Venture Exchange on a consolidated basis. The company is classified as a technology company.

Postconsolidation

Capitalization:  unlimited shares with no par value, of which 530,363 shares are issued and outstanding

Escrow:  nil shares subject to escrow

Transfer agent:  TSX Trust Company

Common shares

Trading symbol:  KWE (unchanged)

Cusip No.:  501506 80 2 (new)

Common share purchase warrants set to expire on Dec. 9, 2027

Trading symbol:  KWE.WT.U (unchanged)

Cusip No.:  501506 12 5 (unchanged)

Effective at the opening on Thursday, April 24, 2025, the warrants will be adjusted such that 210 warrants will be exercisable for $1,050 (U.S.) to receive a whole common share of the company on a postconsolidated basis.