Mr. Brenton Scott reports

CRITICAL INFRASTRUCTURE TECHNOLOGIES ADVISES THE TERMINATION OF THE SHARE SALE AGREEMENT TO ACQUIRE A WESTERN AUSTRALIAN ENGINEERING BUSINESS AND ENGAGEMENT LETTER WITH CENTURION ONE CAPITAL CORP. AND PROVIDES BUSINESS UPDATE

Further to Critical Infrastructure Technologies Ltd.'s press releases dated March 11, 2026, April 14, 2026, May 13, 2026, and June 1, 2026, the share sale agreement to acquire 100 per cent of the issued shares of a Western Australian precision engineering and manufacturing company (the proposed acquisition) has been terminated.

The company also announces that further to its press release dated May 12, 2026, the engagement letter with Centurion One Capital Corp. has been terminated, whereby the company engaged Centurion as lead agent in connection with a brokered private placement to raise up to approximately $3-million.

Brenton Scott, chief executive officer of CiTech, said: "As unfortunate as it is to not being able to close the acquisition at this point, we remain extremely positive about the current position of the company. We have significant opportunities as a result of our LOI with H. Cegielski-Poznan S.A. (HCP), a subsidiary of Polska Grupa Zbrojeniowa S.A. (PGZ), together with our joint venture with Juno Industries Inc. in Canada and significant interest from the mining sector within Australia."

LOI with H. Cegielski-Poznan S.A. (HCP) update

Further to the company's news releases dated Feb. 17, 2026, and June 4, 2026, the company's Nexus 20 is due to arrive in Hamburg, Germany, on July 21, 2026. Once cleared by customs, it will be transported to the HCP factory in Poznan for final fit out, assembly and testing, and getting it ready for display at the MSPO Defence Expo in Kielce, Poland, between Sept. 8 and Sept. 11.

MSPO: 34th International Defence Industry Exhibition: Sept. 8 to Sept. 11, 2026

In conjunction with Team Defence Australia, the company's Nexus 20, on route to Poland, will be on display at MSPO, which will be the first live demonstration of the Nexus 20, globally.

Brenton Scott, chief executive officer of CiTech, commented further: "This is a significant opportunity to showcase the capability of the Nexus 20 in a defence environment. In the view of the company, there is enormous interest throughout the EU regarding defence and border security/surveillance, and the Nexus 20 is placed to take advantage of this and provide a solution being fully autonomous and unmanned. The display will also be prepared in conjunction with HCP, who will have representation present".

About Critical Infrastructure Technologies Ltd.

Listed on the Canadian Securities Exchange with operations in Perth, Western Australia, CiTech is creating autonomous, high-capacity, rapidly deployable technology that delivers essential services to where they are needed most. CiTech is targeting the mining, defence, border security/surveillance and emergency services sectors in relation to its first product release, the Nexus 16, which aims to provide critical mobile telecommunications for such sectors. Using patented technologies, CiTech's self-deploying platform (SDP) provides a solution for two of the greatest limitations of current rapidly deployable communication solutions, strength of the tower, and ability to rapidly self-deploy and operate, in numerous situations. The SDP is designed to support radio equipment including LTE (long-term evolution) and several other technological payloads, such as surveillance and anti-drone systems. CiTech has completed the research and development phase, and is currently commercializing the first of many products that will be released.

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