Graphite One Announces AGM Results and Grant of Long-Term Incentive Awards

June 29, 2026 – Vancouver, British Columbia – Graphite One Inc. (TSX-V: GPH; OTCQX: GPHOF) (“Graphite One” or the “Company”) is pleased to announce the results of voting at its annual general and special meeting of shareholders which was held on June 26, 2026 in Vancouver, British Columbia (the “Meeting”).  All matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular dated May 15, 2026 (the “Circular”), which is available on SEDAR+ at www.sedarplus.ca under the Company’s profile, were approved by the requisite majority of votes cast at the Meeting, including:

•    electing all nominees to the Board of Directors of the Company (the “Board”), including Anthony Huston, Douglas Smith, Scott Packman, Bedi A. Singh, Brian Budd and Patrick Smith;

•    re-appointing PricewaterhouseCoopers LLP, Chartered Professional Accountants as auditor for the ensuing year and authorizing the directors to determine the auditor’s compensation;

•    ratifying and approving the Company’s Amended 20% Fixed Limit Omnibus Incentive Plan (the “Omnibus Plan”); and

•    by special resolution, granting the Board discretionary authority to effect a consolidation of the Company’s common shares on the basis of up to ten (10) pre-consolidation shares for every one (1) post-consolidation share (up to 10:1), and the timing of any consolidation will be determined by the Board prior to the Company’s next annual general meeting.