Mr. Guy Bourassa reports

SCANDIUM CANADA ANNOUNCES THE LARGE-SCALE COMMERCIAL DEPLOYMENT OF ITS SCALIUM ALLOY IN FERREOL SKIS' ENTIRE 2026-2027 COLLECTION

The Scalium aluminum-scandium alloy, commercialized by Scandium Canada Ltd.'s subsidiary Scalium+, has been integrated into the construction of every ski in Ferreol Skis' new 2026-2027 collection, launched today. This large-scale commercial deployment marks an important milestone for the company.

Ferreol Skis, which has contributed to the development of Scalium in recent years alongside the Ferreol Technologies team, now Scalium+, is integrating the alloy across its entire collection in the form of thin 0.4-millimetre sheets.

According to Ferreol Skis, Scalium delivers concrete benefits in on-snow performance (stability, edge grip and vibration damping), durability (bonding quality and high resistance to deformation) and ecoresponsibility, with the aluminum sourced from Quebec, Canada.

Ferreol Skis also presents Scalium as an alternative to the high-strength aluminum sheets that have been used in the ski industry for more than 40 years.

"This announcement by Ferreol Skis is concrete proof that the market is ready for our aluminum-scandium alloys," said Guy Bourassa, chief executive officer of Scandium Canada. "This is exactly what our mine-to-alloy strategy is designed to do: create value with our alloys today, while advancing the Crater Lake project as a primary source of scandium in North America."

"Skiing is a demanding test bench: high mechanical stress and extreme conditions," added Felix Lapointe, chief executive officer of Scalium+. "Ferreol Skis took part in the development of Scalium and is now integrating it at volume into a commercial product. This milestone demonstrates our ability to transform an idea to a commercial alloy that is used into real products and supports our qualification efforts in other sectors, including aeronautics, automotive and the defence industry."

"With Scalium, Ferreol Skis is not following industry standards. We are redefining them. Today is not only the launch of a new ski collection, but also proof that expertise developed here in Canada can give rise to innovations capable of transforming several industries worldwide, from skiing to aerospace," said Jonathan Audet, co-founder and CEO of Ferreol Skis.

Ferreol Skis also indicated that Scalium is used in the construction of its ski line designed for the defence industry, a mobility solution for extreme and arctic environments developed for the Canadian Defence and North Atlantic Treaty Organization allied countries. Ferreol Skis' new collection will also be deployed across several international markets, including France.

About Scandium Canada Ltd.

Scandium Canada is a critical mineral mining and advanced material company developing North America's only primary source of scandium at its Crater Lake project in Nunavik, Quebec. Through Scalium+, its wholly owned commercialization subsidiary, the company brings proprietary, patent-pending aluminum-scandium alloys and the Scalium line of alloys and technologies to market today while advancing the Crater Lake mining project for the future. This dual-engine strategy positions Scandium Canada to anchor a secure North American scandium supply chain and to shape the future of lighter, stronger and longer-lasting materials for advanced manufacturing end-users while committing itself to building a more responsible economy through innovation and agility.

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