Mr. Andrew White reports

CHAR TECH ANNOUNCES UPCOMING INVESTOR UPDATE CALL AND RESULTS OF ANNUAL GENERAL MEETING

Char Technologies Ltd. will host a live investor update call on June 18, 2026, from 12 p.m. to 1 p.m. EST, including a live question-and-answer session following the presentation. RSVP for the investor update call.

During the investor update call, management will provide shareholders with a detailed update on the company's recently completed acquisition of Elkem ASA's biocarbon assets in Saguenay, Que., including the planned commercial upgrade of the facility to produce up to 15,000 tonnes per year of pelletized biocarbon for ferrosilicon production and the 62,500-tonne, five-year biocarbon offtake agreement with Elkem providing long-term revenue visibility.

Management will also provide an overview of broader operational progress, including a Thorold facility commissioning update, strategic priorities and expected developments as Char Tech continues advancing its renewable energy, biocarbon and PFAS destruction platforms.

The company is also pleased to announce the results of the May 7, 2026, annual general meeting:

• Voting results for each matter:
  • Directors noted below approved (voting percentage noted below);
  • MNP appointed auditor (99.998 per cent voted for);
  • Approval of amended and restated omnibus plan (97.148 per cent voted for);
• Election of directors:
  • William White (99.909 per cent voted for);
  • Anton Szpitalak (96.874 per cent voted for);
  • Irina Gorbounova (99.997 per cent voted for);
  • David Campbell (100 per cent voted for);
  • Paul Veldman (99.997 per cent voted for);
  • Stephanie Bird (100 per cent voted for).

About Char Technologies Ltd.

Char Tech is a Canadian clean-technology company developing first-in-kind high-temperature pyrolysis systems that process unmerchantable wood and organic waste to generate two renewable energy revenue streams, renewable natural gas or green hydrogen, and a solid biocarbon that serves as a carbon-neutral, drop-in replacement for metallurgical coal.

Char Tech's HTP platform is also advancing a new vertical focused on the permanent destruction of PFAS in waste water biosolids. Operating at temperatures sufficient to break down long-chain fluorinated compounds, the system enables municipalities and industrial operators to eliminate PFAS while converting biosolids into energy and low-carbon solid products.

We seek Safe Harbor.