Electric Metals (USA) Limited Announces Grant of Deferred Share Units

Wilmington, Delaware, July 2, 2026: Electric Metals (USA) Limited (“Electric Metals” or the “Company“) (TSXV: EML) (OTCQB: EMUS) announces that it has granted an aggregate of 468,643 Deferred Share Units (“DSUs”) to non-executive members of its Board of Directors on June 30, 2026.

The DSUs were granted under the Company’s Omnibus Equity Incentive Plan, which shareholders approved on September 4, 2025, as subsequently amended and restated to reflect compliance with applicable U.S. tax and Delaware corporate law requirements. They were granted to the Company’s non-executive directors in respect of directors’ fees relating to the calendar quarter ended June 30, 2026. The grant of DSUs is intended to align the interests of the Company’s non-executive directors with those of its shareholders.