Mr. Francis Letourneau reports

NURAN WIRELESS FILES 40-F REGISTRATION STATEMENT WITH SEC IN ADVANCE OF U.S. LISTING - A MAJOR STEP TOWARD NASDAQ

Nuran Wireless Inc. has completed two transformative capital markets milestones that are expected to meaningfully expand Nuran's access to global capital: (i) the filing of a Form 40-F registration statement with the United States Securities and Exchange Commission in connection with its application to list its common shares on the Nasdaq Capital Market, and (ii) the confidential filing with the British Columbia Securities Commission (BCSC) of a preliminary short form base shelf prospectus in respect of an offering of securities of the company in an amount of up to $100-million.

Together, these filings mark a pivotal moment in Nuran's capital markets evolution, positioning the company to access the deep U.S. investor base that Nuran believes is uniquely aligned with its mission to connect underserved communities across Africa. The 40-F registration statement, filed pursuant to the SEC's Multijurisdictional Disclosure System (MJDS), is designed to enable the company to register its securities with the SEC using Canadian disclosure materials and, upon being declared effective by the SEC and approval by Nasdaq to list the company's common shares, is expected to make Nuran's shares more accessible to U.S. investors and broaden the company's reach into the U.S. capital markets. The confidential shelf prospectus, once receipted, is intended to provide Nuran with a flexible financing tool to rapidly and cost-effectively support the company's execution of its growth strategy across Africa.

The listing of the company's shares on Nasdaq remains subject to the approval of the Nasdaq Stock Market LLC and the satisfaction of all applicable listing and regulatory requirements, including the Form 40-F being declared effective by the SEC.

Preliminary short form base shelf prospectus (confidential): Nuran has filed with the BCSC, on a confidential basis, a preliminary short form base shelf prospectus qualifying the distribution of up to $100-million in securities of the company, which may include common shares, warrants, units or any combination thereof, over a 25-month period following the issuance of a final receipt. The confidential filing has been made in accordance with National Instrument 44-102 -- Shelf Distributions. If and when receipted, this shelf facility would give the company the ability to move swiftly on financing opportunities as they arise, a critical competitive advantage in dynamic African telecommunications markets. No securities will be offered or sold pursuant to the shelf prospectus until a final base shelf prospectus has been filed and a receipt issued by the applicable Canadian securities regulatory authorities.

Management commentary

"These filings are the product of years of disciplined execution and reflect both the maturity of our capital markets program and our confidence in Nuran's trajectory," said Francis Letourneau, director and chief executive officer of Nuran Wireless.

Update on regulatory filings

The company confirms that, as of June 10, 2026, the BCSC has removed the company from default status, reflecting the company's successful remediation of all outstanding regulatory defaults. The company is now in good standing with the BCSC and remains committed to maintaining full compliance with its continuous disclosure obligations under applicable Canadian securities laws.

About Nuran Wireless

Nuran Wireless Inc. is a fast-growing, mission-driven rural telecommunications company dedicated to delivering affordable 2G, 3G and 4G wireless connectivity to remote and underserved communities worldwide. Through its scalable Network-as-a-Service (NaaS) model, Nuran has deployed networks serving more than one billion people who lack reliable connectivity, driving economic development, digital inclusion and social transformation across Africa and beyond.

We seek Safe Harbor.