Mr. Ian Paterson reports

PLURILOCK NOTIFIED OF SELECTION AS ONE OF U.S. GOVERNMENT CONTRACT AWARDEES

Plurilock Security Inc.'s Aurora subsidiary has been notified that it is one of the awardees under NASA's Solutions for Enterprise-Wide Procurement VI (SEWP VI) government-wide acquisition contract. Aurora is listed among the SEWP VI awardees on-line.

SEWP VI is a 10-year, indefinite delivery and indefinite quantity (IDIQ) purchasing vehicle with an aggregate program ceiling of $60-billion (U.S.). The contract allows the company to compete for individual orders as they are issued, with order values and associated revenue determined by future awards.

Plurilock's North American defence and public sector platform

Plurilock's public sector purchasing vehicles comprise a sales platform that enables the company to serve United States and Canadian public sector customers across civilian, defence and intelligence agencies.

SEWP is one such vehicle, and plays an important role in the company's engagements with U.S. federal customers. The company believes that continued participation in the SEWP program through SEWP VI may provide access to additional contract opportunities in future periods; however, such opportunities are subject to future contract awards, customer demand and other factors described in the forward-looking statements section below. The company's financial performance is disclosed in its quarterly and annual filings on SEDAR+.

The company also holds multiple Canadian contracting vehicles, including ProServices, SBIPS, THS, TSPS and TBIPS, through its Integra subsidiary.

"SEWP has been an anchor contract vehicle for Plurilock's U.S. public sector business, and SEWP VI extends that platform for the next decade," said Ian L. Paterson, chief executive officer of Plurilock. "As we add longer-term revenue streams across the business, SEWP provides a durable foundation for accessing U.S. defence and cybersecurity contracting opportunities."

Annual equity grants

Pursuant to the provisions of the company's amended omnibus incentive plan, the company also announces that it has granted a total of 2.82 million options to certain employees and consultants of the company at an exercise price of 15 cents per share for a period of four years, with 25 per cent to vest one year from the grant date and 25 per cent every 12 months thereafter. The company has also granted a total of 1.5 million restricted share units to certain officers and directors of the company vesting over one year from the grant date. These grants were made to appropriately reward the previous and continuing contributions of the recipients and to encourage them to continue contributing significantly to Plurilock's success in future.

About Plurilock Security Inc.

Plurilock is a services-led, product-enabled, artifical-intelligence-native cybersecurity company that solves complex cyber problems in high-stakes environments where failure is not an option. Trusted by Five-Eyes governments, North Atlantic Treaty Organization-aligned agencies and Global 2000 enterprises, the company defends critical infrastructure and safeguard the systems that power modern life. The company's critical services division delivers operational resilience through unmatched expertise, proprietary IP and AI-driven playbooks.

We seek Safe Harbor.