Lomiko Metals Announces Corporate Update, New Strategic Advisor and Annual and Special Meeting of Shareholders Date

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MONTREAL — Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is pleased to announce Patrick Robert as new strategic advisor to Lomiko, and new compensation for Directors under the 2025 Omnibus Equity Incentive Plan grants as well as a corporate update.

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As part of the annual short and long-term incentive program, as determined by the Board, Lomiko is announcing the grant of Restricted Share Units (“RSUs”) and Deferred Share Units (“DSUs”) to the Board in accordance with the Company’s 2025 Omnibus Equity Incentive Plan.

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On the recommendation of the Compensation, Corporate Governance, and Nominating Committee (“CCGNC”), the Board has approved the grant of an aggregate of 530,000 RSUs and 560,000 DSUs to the Company’s directors.

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The 2025 Omnibus Equity Incentive Plan’s objective is to create an incentive compensation program that is aligned with the Company’s long-term objectives. Stock options, DSUs, RSUs and PSUs are granted in accordance with Policy 4.4 – Security Based Compensation of the TSX Venture Exchange (the “Exchange”), the terms and conditions of the 2024 Omnibus Equity Incentive Plan and the terms of the award agreement evidencing such equity compensation security. Stock options of 100,000 will be granted to the new Strategic Advisor.

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RSUs: Each vested RSU can be redeemed for one fully paid and non-assessable common share of Lomiko issued from treasury. RSUs are vested by September 16, 2026. The number of RSUs granted was calculated based on the compensation to be paid to the director, as recommended by CCGNC and approved by the Board, and was calculated using a price of $0.10 per common share.

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DSUs: Each vested DSU can be redeemed for one fully paid and non-assessable common share of Lomiko issued from treasury. For directors, the DSUs granted vest on September 16, 2026, and are settled on a director’s retirement from the board. The number of DSUs granted was calculated based on the compensation to be paid to the director, as recommended by CCGNC and approved by the Board, and was calculated using a price of $0.10 per common share.

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Strategic Advisor

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The Company is pleased that Patrick Robert has agreed to join the Company as Strategic Advisor and support the Company as a responsible critical minerals developer in Quebec and Canada, to further our vision to become a supplier of choice in North America. Mr. Robert is the CEO of SavoirAir Aviation, a Canadian aviation company. He is an experienced business leader in Canada with significant experience advancing meaningful projects in the province of Quebec. Mr. Robert resides in the Ottawa and Outaouais area and will support the Company’s engagement strategy at all levels.

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Corporate Update

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Management will be attending the following events:

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Annual and Special Meeting of Shareholders

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Lomiko announces the Company’s virtual Annual and Special Meeting will be held on December 18th, 2025. Details will be published on Lomiko’s website in the near future.

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About Lomiko Metals Inc.

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The Company holds mineral interests in its La Loutre graphite development in southern Quebec. The La Loutre project site is within the Kitigan Zibi Anishinabeg (KZA) First Nation’s territory. The KZA First Nation is part of the Algonquin Nation, and the KZA traditional territory is situated within the Outaouais and Laurentides regions.​ Located 180 kilometers northwest of Montreal, the property consists of one large, continuous block with 76 mineral claims totaling 4,528 hectares (45.3 km2).

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The Property is underlain by rocks from the Grenville Province of the Precambrian Canadian Shield. The Grenville was formed under conditions that were very favorable for the development of coarse-grained, flake-type graphite mineralization from organic-rich material during high-temperature metamorphism.

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Lomiko Metals published an updated Mineral Resource Estimate (MRE) in a NI 43-101 Technical Report and Mineral Resource Estimate Update for the La Loutre Project, Quebec, Canada, prepared by InnovExplo on May 11th, 2023, which estimated 64.7 million tonnes of Indicated Mineral Resources averaging 4.59% Cg per tonne for 3.0 million tonnes of graphite, a tonnage increase of 184%. Indicated Mineral Resources increased by 41.5 million tonnes as a result of the 2022 drilling campaign, from 17.5 million tonnes in 2021 MRE with additional Mineral resources reported down-dip and within marble units resulted in the addition of 17.5 million tonnes of Inferred Mineral Resources averaging 3.51% Cg per tonne for 0.65 million tonnes of contained graphite; and the additional 13,107 metres of infill drilling in 79 holes completed in 2022 combined with the refinement of the deposit and structural models contributed to the addition of most of the Inferred Mineral Resources to the Indicated Mineral Resource category, relative to the 2021 Mineral Resource Estimate. The MRE assumes a US$1,098.07 per tonne graphite price and a cut-off grade of 1.50% Cg (graphitic carbon). The independent and qualified persons for the mineral resource estimate, as defined by NI 43 101, are Marina Iund, P.Geo. (InnovExplo Inc.), Martin Perron, P.Eng. (InnovExplo Inc.)., Simon Boudreau, P.Eng. (InnovExplo Inc.). and Pierre Roy, P.Eng. (Soutex Inc.). The effective date of the estimate is May 11, 2023. The Company also holds interest in seven early-stage projects in southern Quebec, including Ruisseau, Tremblant, Meloche, Boyd, Dieppe, North Low and Carmin, covering 328 claims in total on 7 early-stage projects covering 18,622 hectares in the Laurentian region of Quebec and within KZA territory.