Mr. Ran Narayanasamy reports

MAX POWER ENGAGES GLJ LTD. TO ADVANCE COMMERCIAL EVALUATION OF LAWSON NATURAL HYDROGEN DISCOVERY

Max Power Mining Corp. has retained GLJ Ltd., a premier Calgary-based energy consulting group, to advance the commercial evaluation of the Lawson natural hydrogen system near Central Butte, Sask., following recent 3-D seismic results that materially expand the interpreted scale of the project.

Max Power continues to review robust results from the 3-D seismic survey that highlight the potential for multiple producing wells within the 28-square-kilometre Lawson complex (refer to April 21, 2026, news release), part of the broader 475-kilometre Genesis trend, where dozens of additional prospects have been identified, including Lawson Southwest, approximately 12 km from the original discovery. As a global leader in subsurface resource assessment and reservoir engineering, GLJ's expertise will focus on modelling and estimation of the resource potential and near-term commercial development prospects of the broader Lawson complex. GLJ's expertise will also help optimize the coming expanded drill program at Lawson, where commercial deposits of both natural hydrogen and helium will be targeted.

By engaging GLJ, Max Power has ensured that Canada's first-ever natural hydrogen subsurface system is independently evaluated to the highest industry standards.

GLJ will also assist Max Power in the development of MAXX LEMI, the company's proprietary AI-empowered (artificial intelligence) large Earth model integration platform with potential global application. MAXX LEMI combines seismic data, drilling results, structural interpretation and legacy subsurface data sets into a unique targeting system for the discovery of natural hydrogen eposits.

Ran Narayanasamy, chief executive officer of Max Power, commented: "The engagement of GLJ marks an important step in our progression from system confirmation to commercial evaluation. Following the transformational 3-D seismic results at Lawson, we are now focused on defining the parameters required for potential development, including scale, deliverability and economic potential. With GLJ's five decades of expertise in resource evaluation and reservoir engineering, we are accelerating our efforts to position Lawson and Saskatchewan at the forefront of natural hydrogen commercialization."

Greg Owen, senior vice-president of new ventures for GLJ, commented: "Our expertise has evolved over half a century to meet the world's need for responsible, sustainable energy, so GLJ Ltd. is excited to be involved in this unique discovery and project. We look forward to supporting Max Power's efforts in the exploration, appraisal and development of the Lawson natural hydrogen discovery and their work across the Genesis Trend and elsewhere throughout Saskatchewan, by providing independent, technically rigorous evaluation and advisory expertise."

Max Power shines at Canadian Hydrogen Convention

Max Power was selected runner-up in two categories at the Canadian Hydrogen Convention in Edmonton from April 21 to April 22, 2026: (1) digital innovator category, for MAXX LEMI, behind Siemens; and (2) project category, for the Lawson discovery, behind HTEC. Max Power congratulates the winners in all categories and the organizers of the event for staging another successful convention, set to return to Edmonton in 2027.

Mr. Narayanasamy commented: "The disruptive potential of MAXX LEMI is demonstrated by the fact it hasn't even been rolled out to the market yet and finished second to Siemens in the digital innovator category. We're getting many inquiries regarding MAXX LEMI and we look forward to updating shareholders in the near term on developments regarding this platform. For Max Power to finish second in two award categories and to get nominated in a third is a testament to our momentum and the hard work of our dedicated team."

Max Power had a strong and highly visible presence at the Canadian Hydrogen Convention, reinforcing its position as a global leader in the emerging natural hydrogen sector. The company was represented by a team of 10 senior members who were actively engaged throughout the event across corporate development meetings, technical presentations, panel discussions and booth engagement. Max Power's booth was among the most highly trafficked at the conference, generating significant interest and in-depth discussions around the company's natural hydrogen discovery in Saskatchewan. A key focus of engagement was the recently updated 3-D seismic data and the coming drill program at Lawson. Industry participants were particularly focused on the scale, repeatability and strategic positioning of the 475-kilometre Genesis trend as well as its proximity to infrastructure and industrial demand.

Why this matters to investors

Max Power is advancing from initial confirmation of Canada's first subsurface natural hydrogen system toward structured commercial evaluation. The engagement of GLJ, one of the world's most recognized independent energy consulting firms, signals a new phase focused on the technical and economic parameters required for potential development.

Following recent 3-D seismic results that defined a 14.2-square-kilometre structural closure within the broader 28-square-kilometre Lawson complex, the company is now moving to evaluate reservoir characteristics, potential volume and flow, and development scenarios. This is the critical bridge between geological success and commercial assessment.

At a broader level, these developments position Max Power at the apex of an emerging global energy category at a time when demand for reliable, domestically sourced clean energy is accelerating. If successfully advanced, Lawson has the potential to contribute to a new form of scalable energy infrastructure aligned with industrial demand, energy security and nation-building priorities.

About Max Power Mining Corp.

Max Power is an innovative mineral and energy exploration company focused on the shift to decarbonization. The company's Lawson discovery near Central Butte, Sask., represents Canada's first-ever subsurface natural hydrogen system confirmed through deep drilling with data validated by three independent labs. Max Power has built dominant district-scale land positions across Saskatchewan with approximately 1.3 million acres (521,000 hectares) of permits, plus an additional 5.7 million acres under application, covering prime exploration ground prospective for large-volume accumulations of natural hydrogen. Max Power also holds a portfolio of properties in the United States and Canada focused on critical minerals. These properties are highlighted by a 2024 diamond drilling discovery at the Willcox Playa lithium project in southeastern Arizona, 100 per cent owned by Max Power's U.S. subsidiary. Max Power is committed to responsible exploration and development practices that prioritize environmental stewardship, meaningful community engagement and strong corporate governance.

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