Mr. C. Howie Honeyman reports

FORWARD WATER TECHNOLOGIES CORP. ANNOUNCES TRANSITION TO SEMI-ANNUAL FINANCIAL REPORTING

Forward Water Technologies Corp. has elected to voluntarily adopt semi-annual financial reporting and rely on the exemptions provided under Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

Introduced by the Canadian Securities Administrators, the pilot program under CBO 51-933 allows eligible venture issuers to transition from quarterly to semi-annual financial reporting. By adopting semi-annual reporting, the company intends to reduce the administrative and financial burdens associated with frequent interim reporting, allowing management to allocate additional time and resources toward advancing the company's core business objectives.

Pursuant to the exemptions in CBO 51-933, the company will no longer be required to file interim financial reports and related management's discussion and analysis for its first and third quarters. The first interim period for which the company will rely on the exemption and not file quarterly financial disclosure is the three-month period ended June 30, 2026.

The company's next scheduled financial report will be for the six-month interim period ended Sept. 30, 2026.

The company intends to continue reporting on a semi-annual basis, subject to the continued availability of CBO 51-933 and the company remaining eligible thereunder. The company will continue to file its audited annual financial statements and related MD&A, as well as its six-month interim financial statements and related MD&A, in accordance with applicable securities laws. Furthermore, the company remains subject to, and will continue to strictly comply with, all timely continuous disclosure obligations, including the required reporting of material changes.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 (Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers).

About Forward Water Technologies Corp.

Forward Water is a publicly traded Canadian company dedicated to saving the Earth's water supply using its patented forward osmosis technology. The company was founded by GreenCentre Canada, a leading technology innovation centre supported by the government of Canada. The company's technology allows for the reduction of challenging waste streams while simultaneously returning fresh water for reuse or surface release. The company's mandate is to focus on the large-scale implementation of its technology in multiple sectors, including industrial waste water, oil and gas, mining, agriculture, and, ultimately, municipal water supply and reuse market sectors. In addition, the company has initiated early-stage research and development for the treatment of food and beverage process streams.

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