Mr. Raphael Gaudreault reports

ARIANNE PHOSPHATE SUCCESSFULLY PRODUCES A HIGHER GRADE/LOWER CONTAMINANT PHOSPHATE CONCENTRATE

Arianne Phosphate Inc. has received results from a recently completed program aimed at improving grade while lowering the contaminants (non-P2O5 (phosphorus pentoxide) elements) of its phosphate concentrate. The completed program resulted in the production of a higher-content, higher-purity phosphate than ever previously achieved by the company and at a grade of 41.5 per cent P2O5 with a minor element ratio (MER) of 0.02 per cent, which would be among the world's highest quality concentrates.

The tests, initiated by a customer trial, were conducted by Corem, an innovation centre offering a range of specialized research services to develop and optimize key mineral processing procedures. The customer trial produced 1.2 tonnes of phosphate concentrate grading 41.5 per cent of P2O5 with a 0.02-per-cent MER. The process added an additional step beyond Arianne's already-optimized metallurgical process and surpassed any of the company's previously performed metallurgical test work.

These results are significant as the quality of the phosphate concentrate input greatly affects the ability to produce purified phosphoric acid (PPA), an ingredient currently required in the food and agricultural industry and a necessary input for the lithium-iron-phosphate (LFP) battery. The LFP has become the most widely used battery worldwide as growth in the EV (electric vehicle) and ESS (energy storage system) industries has generated a significant increase in demand for the inputs required to produce these batteries. In the case of PPA, many industry analysts see a pending shortage and the requirement for new production to come on stream, especially outside of China, which currently accounts for over 95 per cent of all LFP production.

"This outcome is extremely encouraging and underscores the strategic importance our Lac a Paul project," said Raphael Gaudreault, chief operating officer of Arianne Phosphate. "These results continue to show how our phosphate concentrate will allow us to become a major supplier to the battery market and benefit from the enhanced economics that come with it. It is important to note Lac a Paul is the only shovel-ready permitted project in the Americas and western Europe and we continue to receive interest from would-be partners as they look to secure their necessary inputs. These results should be very helpful to those discussions."

Since 2024, Quebec, Canada and the United States have all placed phosphate on their respective critical mineral lists, joining the European Union. Arianne has established itself as the leader in the West's quest to build out a critical minerals supply chain separate from China. With 15 years and roughly $100-million spent advancing its Lac a Paul project, the company is working with potential partners to advance the project and go downstream. The recent receipt of funding support from the government of Canada (see press release dated Jan. 7, 2026) will help advance the company's efforts to do so and be a major producer of PPA.

About Arianne Phosphate Inc.

Arianne Phosphate is developing the Lac a Paul phosphate deposits located approximately 200 kilometres north of the Saguenay/Lac St. Jean area of Quebec, Canada. These deposits will produce a high-quality igneous apatite concentrate grading 39 per cent P2O5 with little or no contaminants (feasibility study released in 2013). The company has 213,714,811 shares outstanding.

Qualified person

Raphael Gaudreault, Eng, a qualified person by Regulation 43-101, has approved the technical information in this release. Mr. Gaudreault is also the company's chief operating officer.

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