Mr. Mark Tadros reports

STARDUST SECURES FINAL GOVERNMENT APPROVAL WITH EXECUTED IMPLEMENTATION AGREEMENT FOR 30 MW ZAMBIA UTILITY-SCALE SOLAR PROJECT

Stardust Solar Energy Inc. has received final approval from the Ministry of Energy of the government Republic of Zambia with the fully executed implementation agreement (IA) for its flagship 30-megawat utility-scale solar photovoltaic project located in the Kalulushi district, Copperbelt province.

The approval represents one of the final government milestones before construction can commence and marks another significant step in Stardust's strategy to develop, finance, own and operate long-term renewable energy infrastructure assets that generate recurring revenues and sustainable shareholder value. The Ministry of Energy has confirmed Attorney-General approval and the implementation agreement has been fully executed by the ministry, Stardust and the local franchisee Megatricity Energy Ltd. The Implementation Agreement establishes the legal framework between the government of Zambia, Megatricity Energy Ltd., and Stardust for the development, construction, commissioning and long-term operation of the project.

                
                        PROJECT SNAPSHOT

Project               30 MW utility-scale solar PV                   
Location              Kalulushi district, Copperbelt province, Zambia
Status                Final government approval received             
Next milestone        Strategic project financing and construction     
Preferred structure   Combined debt-equity via SPV structure         
Strategic objective   Long-term renewable infrastructure ownership   

Over the past several months, Stardust and its local partner, Megatricity Energy Ltd., have advanced the project through engineering, environmental studies, permitting, government approvals, land planning, procurement preparation and detailed engineering, procurement and construction (EPC) design. With the implementation agreement executed, project preparations complete and construction planning finalized, the project is positioned to move directly into execution following financial close.

the company is currently engaged in advanced discussions with multiple highly qualified strategic and institutional investors, with additional investor interest continuing to build. Growing global demand for renewable infrastructure, artificial intelligence, electrification and long-duration energy assets continues to increase investor interest in utility-scale projects capable of generating predictable, long-term cash flows.

The company's immediate priority is selecting the right financing partner and completing the capital structure required to commence construction. The Zambia project is expected to become the first utility-scale renewable energy asset within Stardust's long-term infrastructure ownership strategy and a cornerstone of its expanding international renewable energy platform. In addition to Zambia, Stardust continues to advance renewable energy opportunities across Mexico, the Caribbean, South America and Africa, while expanding its North American commercial solar, distributed energy, lease-to-own financing and renewable infrastructure platform.

As global electricity demand accelerates, driven by artificial intelligence, digital infrastructure, industrial electrification, and economic development, Stardust is positioning itself to capitalize on long-duration renewable infrastructure opportunities while building a diversified portfolio of recurring revenue-generating energy assets.

About Stardust Solar Energy Inc.

Stardust Solar Energy is a globally expanding renewable energy company supporting the installation, development, training, and deployment of residential, commercial and utility-scale solar solutions across international markets. The Company operates a diversified solar royalty platform generating recurring revenue through franchise installation operations, accredited training and development licenses and subscriptions, and technology-driven innovation initiatives. Through formal engagement with governments, utilities and commercial stakeholders, the company is scaling renewable energy capacity worldwide.