Mr. Peter Evans reports

PATRIOT ONE ANNOUNCES EXERCISE OF OVERALLOTMENT OPTION IN CONNECTION WITH PUBLIC OFFERING

Further to Patriot One Technologies Inc.'s news releases dated March 17, 2022, and March 25, 2022, in connection with its previously announced public offering conducted through Echelon Wealth Partners Inc., the agent has partially exercised the overallotment option.

Pursuant to the partial exercise of the overallotment option, the company has issued an additional 686,700 units at a price of 60 cents per unit, for total gross proceeds of $412,020. Each unit consists of a common share of the company and one common share purchase warrant. Each warrant is exercisable into one common share until March 17, 2025, at an exercise price of 75 cents, subject to adjustment in certain events.

Net proceeds raised from partial exercise of the overallotment option will be added to the proceeds raised from the offering, which Patriot One intends to use for working capital and general corporate purposes.

About Patriot One Technologies Inc.

Patriot One makes unobtrusive, artificial intelligence-(AI)-driven weapons and threat detection systems that enable arenas, casinos, schools, theatres and other businesses to provide unprecedented safety while also improving the patron experience. The company's multisensor gateway enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic, and its AI-based video recognition software enables venue and building operators to identify weapons and other threats inside and outside of facilities, while also providing valuable intelligence for optimizing operations.

We seek Safe Harbor.