Mr. Lindsay Weatherdon reports

BRAILLE ENERGY SYSTEMS INC. ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT

Braille Energy Systems Inc. has closed a non-brokered private placement, previously announced March 2, 2026, of 7.5 million units of the company at a price of five cents per unit for aggregate gross proceeds to the company of $375,000.

Each unit consists of one common share in the capital of the company and one non-transferable common share purchase warrant of the company. Each whole warrant will entitle the holder thereof to acquire one common share at an exercise price per common share of 5.5 cents for a period of five years from the closing of the offering.

The company may pay finders' fees to eligible finders in connection with the offering, subject to compliance with applicable securities laws and the policies of the TSX Venture Exchange.

The offering is subject to certain conditions, including the final approval of the TSX-V. The units were sold in Ontario and British Columbia on a private placement basis to accredited investors and directors of the company to the accredited investor exemption or other available and agreed-upon exemptions from prospectus requirements. The units, including all underlying securities thereof, have a hold period of four months and one day from the date of issue.

Insiders of the company subscribed for up to three million units for aggregate gross proceeds of $150,000. The offering is exempt from the formal valuation and minority shareholder approval requirements of MI 61-101 as neither the fair market value of securities being issued to insiders, nor the consideration being paid by insiders will exceed 25 per cent of the company's market capitalization.

Braille Energy is a public holding company which is focused on commercializing battery technologies and energy storage systems around the world. Through its Electrafy energy management platform and Braille Battery high performance products, the company delivers scalable, reliable and sustainable solutions for residential, fleet, defence, aerospace and industrial markets. Braille Energy holds an 89.95-per-cent equity interest in Braille Holdings Inc., which holds a 100-per-cent equity interest in Braille Battery Inc.

We seek Safe Harbor.