Mr. Koby Kushner reports

LIBRA ENERGY APPOINTS DR. JÉRÉMIE PFISTER AS VICE PRESIDENT OF EXPLORATION

Libra Energy Materials Inc. has appointed Dr. Jeremie Pfister, PhD, PGeo, as vice-president of exploration, effective immediately. Dr. Pfister is a renowned pegmatite geologist with existing familiarity with Libra's portfolio, having been previously served on the company's advisory board (see the company's press release dated Oct. 16, 2025). Outgoing vice-president of exploration, Ben Kuzmich, will remain active with the company as a technical adviser, contributing to the company's exploration efforts in Canada in particular.

Dr. Pfister is a highly accomplished exploration geologist specializing in hard-rock lithium systems and rare-metal pegmatites, with a decade of combined academic research and industry experience advancing critical minerals projects across Canada, Brazil, Suriname and the United States. He holds a PhD in pegmatite ore deposit geology from Laurentian University and a BSc in geology with a minor in mining engineering from the University of Arizona. Dr. Pfister originally joined Libra as a technical adviser in late 2025 and became more involved in early 2026 when he joined Nemo Resource Group, a Canadian consulting firm and project generator that serves as the back office for Libra's Canadian exploration team. Prior to joining Nemo, Dr. Pfister served as geology manager at Targa Exploration, where he led successful lithium and gold targeting and discovery programs.

"We are thrilled to welcome Dr. Jeremie Pfister to the Libra team as our new vice-president of exploration. His deep expertise in lithium pegmatite systems has already added tremendous value with helping us prioritize targets across Canada and Brazil, and we are confident in his ability to lead our global exploration efforts going forward," said Koby Kushner, chief executive officer of Libra. "I would also like to extend a heartfelt thank you to Ben Kuzmich for his endless contributions to date, including co-founding the company and generating new discoveries, including those seen at SBC and Flanders South. I look forward to continuing to work with him in his advisory role."

"I am honoured to pass the torch to Jeremie. After working with him behind the scenes over the last several months, I have been blown away by his vast geological knowledge, positive attitude, drive and leadership skills. I have no doubt that he is the right person to lead Libra's exploration efforts ahead. I look forward to maintaining an active role in Libra as a technical adviser going forward, with the Canadian field season upon us," said Ben Kuzmich, outgoing vice-president of exploration of Libra.

"I am excited to join Libra at this pivotal stage of its development. From the strength of the land position to the quality of the technical work already under way, it's clear this is a team with real momentum. I'm looking forward to contributing to that effort and helping drive the next chapter of Libra's growth," said Dr. Jeremie Pfister, incoming vice-president of exploration of Libra.

About Libra Energy Materials Inc.

Libra is a Canadian mineral exploration company focused on the discovery and development of the critical minerals necessary for the green energy transition. Libra's Flanders North, Flanders South and SBC lithium projects in Ontario are being explored under a $33-million earn-in deal with KoBold Metals Company. In addition, Libra has 100-per-cent ownership of another four critical mineral projects in Ontario and Quebec, Canada, as well as another 30 projects in Brazil -- an emerging critical minerals hub. The Libra team comprises a mix of seasoned executives, engineers and geoscientists, with extensive experience in mining and mineral exploration, capital markets, asset management, energy, and first nations engagement.

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