Mr. Brian Stringer reports

01 QUANTUM ANNOUNCES ELECTION OF DR. EDOARDO PERSICHETTI TO BOARD OF DIRECTORS

01 Quantum Inc.'s Dr. Edoardo Persichetti has been elected to the company's board of directors following shareholder approval at its annual meeting. Dr. Persichetti, who previously served as a consultant for the company, brings world-class expertise in postquantum cryptography (PQC) to the board as 01 Quantum continues to scale its enterprise-level cybersecurity solutions.

"We are delighted to welcome Edoardo to the board of directors," said Andrew Cheung, chief executive officer of 01 Quantum. "His transition from a strategic adviser to a director reflects the value he provides to our technical road map. As a leading voice in NIST's standardization process, his oversight will be instrumental as we deploy IronCAP across security-sensitive enterprise environments."

Dr. Persichetti added: "Having worked closely with the team over the past year, I am honored to join the board and help guide the company's strategic vision. The arrival of quantum computing necessitates a fundamental shift in encryption, and 01 Quantum is positioned for that transition with practical, patent-protected solutions."

Dr. Persichetti is a renowned researcher in code-based cryptography and currently serves as an associate professor at Florida Atlantic University. He is a co-author of several algorithms submitted to the NIST postquantum standardization process, including HQC, which was selected as a global standard in 2025. His extensive academic background includes a PhD from the University of Auckland and research positions at Warsaw University. In connection with his appointment, on April 28, 2026, the company granted Dr. Persichetti options to purchase up to 100,000 common shares at a price of 43 cents each per share for a period of four years from the date of grant. The options vest quarterly in four tranches of 25,000 each on Oct. 28, 2026; April 28, 2027; Oct. 28, 2027, and April 28, 2028. The options are governed by the provisions of the company's stock option plan and the policies of the TSX Venture Exchange. After granting these stock options there will be a total of 9,205,000 options outstanding under the stock option plan.

About 01 Quantum Inc.

01 Quantum is known for its innovative work in postquantum cryptography (PQC), developing technologies designed to protect digital systems against emerging quantum computing threats. The company's IronCAP and supporting technologies are integrated into its PQC solutions, enabling applications across security-sensitive environments, including digital assets, AI systems, e-mail security and enterprise infrastructure.

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