An anonymous director reports

BASE CARBON ANNOUNCES SHAREHOLDER MEETING RESULTS

Base Carbon Inc. has released the results of its special shareholders meeting.

Shareholders voted in favour of appointing BDO Canada LLP as auditor of the company for the 2025 fiscal year and authorized the directors to fix its remuneration, as shown in an attached table.

Shareholders, excluding certain shareholders as discussed below, also voted in favour of an ordinary resolution to approve, ratify and confirm the extension of the expiry of certain outstanding options to buy common shares of the company originally set to expire on Sept. 7, 2025, and Feb. 10, 2026, until Sept. 7, 2027, and Feb. 10, 2028, retrospectively. The full text of which is set out in the information circular prepared for the meeting.

Certain shareholders, being related persons that would receive, or would be eligible to receive, a material benefit from the extension of the options and the votes attached to the shares they own were excluded from voting (whether by proxy or otherwise) on the extension of these options.

For more information, refer to the management information circular dated Dec. 23, 2025, available on the company's profile on SEDAR+.

About Base Carbon Inc.

Base Carbon is a financier of projects involved primarily in the global voluntary carbon markets. The company endeavours to be the preferred carbon project partner in providing capital and management resources to carbon removal and abatement projects globally, and, where appropriate, will utilize technologies within the evolving environmental industries to enhance efficiencies, commercial credibility and trading transparency.