Ms. Veronique Laberge reports

SPOD LITHIUM ANNOUNCES SALE OF ITS NORTH NIPIGON LITHIUM PROJECT IN ONTARIO AND CHANGE IN MANAGEMENT

Spod Lithium Corp. has entered into a property purchase and sale agreement dated Dec. 5, 2025, with Imagine Lithium Inc. respecting the North Nipigon lithium exploration property in Ontario.

Under the agreement, Spod sold its 100-per-cent interest in and to the property for total consideration of $30,000, payable in cash.

Both Spod and the purchaser were dealing at arm's length at the time the transaction was agreed, and no finder's fee or commission is payable in connection with the transaction. This transaction aligns with the company's objective to focus on its flagship assets.

Moreover, the corporation further announces that Mathieu Couillard has resigned as a director, chief executive officer and president of the company, effective Dec. 19, 2025. The company thanks Mr. Couillard for his dedication and service over the period of his services and wishes him the best in his future endeavours.

With the resignation of Mr. Couillard, Veronique Laberge has been appointed as interim chief executive officer and director of the company. The board will begin a search for a permanent chief executive officer that will help take the company into its next phase.

About Spod Lithium Corp.

Spod Lithium is a leading exploration and development company focused on unlocking the vast potential of lithium resources. With a strategic approach to resource management and a commitment to sustainable practices, Spod is dedicated to driving innovation and delivering value for its stakeholders. Founded in 2020, its primary lithium properties are strategically located in Quebec and Ontario, Canada, regions renowned for their rich deposits of these valuable resources.

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