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Battery X Metals Appoints Former Director and Executive Officer of Fortune 500 Skechers USA, Inc. to Advisory Board to Support Strategic Capital Markets and Next-Generation Lithium-ion Battery Technology Growth Initiatives

Corporate Updates

Battery X Metals Appoints Former Director and Executive Officer of Fortune 500

Skechers USA, Inc. to Advisory Board to Support Strategic Capital Markets and

Next-Generation Lithium-ion Battery Technology Growth Initiatives

News Release Highlights:

1. Battery X Metals Inc. establishes Advisory Board and appoints its first member, Mr. Jeffrey

Greenberg, a former Director and founding-family executive of Fortune 500 company Skechers USA

Inc., to support strategic capital markets initiatives and long-term growth as the Company advances

the development and commercialization of its lithium-ion battery technologies.

2. Mr. Greenberg brings more than three decades of senior executive, operational, and governance

experience, including scaling Skechers from inception into a globally recognized public brand, and

previously served as Vice President of Active Electronic Media, a technology-focused subsidiary of

Skechers, USA, Inc. overseeing digital platforms, e-commerce initiatives, and technology

partnerships.

3. The appointment supports Battery X Metals’ integrated lithium-ion battery lifecycle strategy

spanning diagnostics, rebalancing, and recycling, including the advancement of its patent-pending

battery rebalancing platform and its collaborative research partnership with a Global Top 20

university focused on proprietary battery-material recovery technologies.

VANCOUVER, British Columbia – December 24, 2025 – Battery X Metals Inc.

(CSE:BATX)(OTCQB:BATXF)(FSE:5YW0, WKN:A41RJF) (“Battery X Metals” or the “Company”) an energy

transition resource exploration and technology company, announces the establishment of its Advisory

Board (the “Advisory Board”) and the appointment of its first member, Mr. Jeffrey Greenberg. Mr.

Greenberg’s appointment is intended to support the Company’s strategic capital markets initiatives and

long-term growth strategy, with a focus on the development and commercialization of proprietary next-

generation lithium-ion battery technologies.

Appointment of Jeffrey Greenberg

Mr. Greenberg brings more than three decades of senior executive, operational, and strategic experience

as a founding-family executive of Skechers USA, Inc. (“Skechers”), one of the world’s largest global

footwear and lifestyle brands.1 He served as a member of the Board of Directors of Skechers from

September 2000 until December 2021 and previously served as Vice President of Active Electronic Media,

a technology-focused subsidiary of Skechers that oversees digital media, digital customer engagement

platforms, e-commerce initiatives, and technology partnerships supporting the broader omnichannel

strategy of the global brand. In these prior director and executive roles, Mr. Greenberg gained experience

at the intersection of consumer technology, digital marketing, and global brand growth, complementing

his broader operational and strategic leadership experience.

From Skechers’ inception in 1992, Mr. Greenberg played a foundational role in Skechers early growth and

global expansion. He served as Chief Financial Officer from 1992 to 1993 and later as Chief Operating

Officer from 1992 to 1998, during which time he oversaw financial strategy, operations, and early

international expansion initiatives. Founded by Mr. Greenberg’s family, Skechers has since grown into a

Fortune 500 company with a global footprint spanning more than 180 countries and territories and, in

2025, was acquired in a take-private transaction valued at approximately US$9.4 billion.¹˒² Mr. Greenberg

does not hold any current executive or board role with Skechers as of the date hereof.

The Company believes Mr. Greenberg’s historical experience in scaling global consumer platforms,

overseeing digital and operational infrastructure, and navigating complex organizational growth cycles is

directly relevant to his role with the Company.

Role Within Battery X Metals’ Advisory Board

As a member of the Advisory Board, Mr. Greenberg will serve in an advisory capacity, providing strategic

guidance and support to the Company from time to time on matters requested by management and the

Board of Directors. His role is expected to include advising on strategic growth initiatives, capital markets

positioning, partnership development and strategy, and market-development strategies.

Drawing on his experience as a director and founding-family executive of a global Fortune 500 brand, Mr.

Greenberg will also provide insight into long-term brand development, institutional credibility, and

disciplined global growth execution as Battery X Metals advances the commercialization of its next-

generation lithium-ion battery technologies. In addition, Mr. Greenberg is expected to advise on

customer, investor, and broader stakeholder engagement strategies, supporting the Company’s efforts to

build awareness, credibility, and strategic alignment across capital markets and industry participants.

The Advisory Board has been established to support Battery X Metals’ growth trajectory by engaging

experienced executives and industry leaders who can contribute strategic perspective, industry insight,

and market connectivity. The Company believes that Mr. Greenberg’s background in scaling a founder-

led company into a globally recognized public brand, combined with his experience across capital markets,

technology-enabled platforms, and international expansion, aligns closely with the Company’s objective

to become a globally recognized participant in the emerging lithium-ion battery technology sector.

Advancing Next-Generation Lithium-Ion Battery Technologies

Battery X Metals is advancing a portfolio of next-generation lithium-ion battery technologies

encompassing battery diagnostics, rebalancing, and recycling, addressing critical challenges across the full

battery lifecycle, from post warranty performance degradation to end of life material recovery, as global

electric vehicle adoption continues to accelerate.

Through its wholly-owned subsidiary, Battery X Rebalancing Technologies Inc., the Company has

developed a patent-pending, second-generation working prototype lithium-ion battery rebalancing

hardware and software platform (the “Rebalancing Machine”) designed to recover lost usable capacity,

improve energy efficiency, and extend the remaining lifespan of electric vehicle batteries. The technology

is intended to address cell level imbalance that can materially limit effective driving range and accelerate

premature battery degradation, even where the battery pack as a whole retains remaining useful life.

In preliminary real-world performance trials, the Company has demonstrated substantial and sustained

recovery of effective driving range following rebalancing and targeted cell replacement and rebalancing

interventions. As disclosed in the Company’s news release dated July 4, 2025, a validation assessment

conducted on a Class 3 electric vehicle demonstrated that the Rebalancing Machine restored a severely

degraded battery pack from a reported effective driving range of approximately 40 kilometers to an

estimated 295 kilometers under no-load conditions, representing an increase of approximately 255

kilometers, or a 637 percent improvement, following the rebalancing procedure.

As further disclosed in the Company’s news releases dated July 25, 2025 and October 24, 2025, a series

of validation assessments conducted on a Class 3 electric vehicle demonstrated an increase in effective

driving range from approximately 40 kilometers per charge prior to rebalancing to an estimated effective

range of approximately 220 kilometers per charge. This performance improvement was maintained over

more than four months and in excess of 2,000 kilometers of continued real-world operation. Trial data

confirmed stable post-rebalancing performance with only minor range variance, reinforcing the

Rebalancing Machine’s potential to extend remaining useful battery life and reduce the need for costly

full battery replacements in commercial and fleet electric vehicle applications.

Battery X Rebalancing Technologies’ platform has also been validated by the National Research Council of

Canada (NRC), which confirmed the technology’s ability to correct battery cell imbalance and recover

nearly all lost capacity attributable to imbalance under controlled test conditions.

Together, these preliminary results support the Company’s strategy to position its next-generation

Rebalancing Machine as a cost-effective solution within the emerging post-warranty electric vehicle

aftermarket, aimed at mitigating the significant costs associated with premature battery replacement.

Complementing its lithium-ion battery rebalancing initiatives, the Company’s wholly-owned subsidiary,

Battery X Recycling Technologies Inc., is advancing proprietary battery material recovery technologies

designed to support a circular and sustainable battery supply chain. The Company is developing an

environmentally responsible froth flotation process for the recovery of high-purity graphite, metal oxides,

and other critical battery materials from end-of-life lithium-ion batteries.

Further to the Company’s news release dated November 25, 2025, Battery X Recycling Technologies

entered into a new collaborative research agreement with a globally ranked Top 20 university (the “Global

Top 20 University”), one of North America’s largest and most advanced centers for mining engineering

education and research. Through the Global Top 20 University’s Institute of Mining Engineering, the

parties are advancing the joint development and validation of proprietary battery-material recovery

technologies, building on previously reported laboratory-scale progress.

As a result of this collaboration, the Company has achieved preliminary laboratory-scale results

demonstrating graphite recoveries exceeding 98 percent and oxide purities of up to 96 percent under

mild, low-chemical conditions. Ongoing research under the new agreement is focused on further process

refinement, expansion across additional battery chemistries, and the advancement of the technology

toward future pilot-scale validation and commercialization.

Together, the Company’s lithium-ion battery rebalancing and recycling technology platforms are designed

to support sustainability, lower total cost of ownership, and enable more efficient utilization of battery

resources across consumer, fleet, and commercial electric vehicle markets.

Management Commentary

“We are pleased to welcome Mr. Greenberg to our Advisory Board,” said Massimo Bellini Bressi, Chief

Executive Officer of Battery X Metals. “Jeffrey brings a rare combination of founder-level perspective,

capital markets insight, and global brand-building experience. As a key member of the founding family

behind Skechers, he helped scale a company from inception into a Fortune 500 global brand. His

experience executing disciplined growth, navigating public markets, and building institutional credibility

aligns closely with Battery X Metals’ long-term strategy as we advance our lithium-ion battery technology

platform.”

“I am excited to join Battery X Metals at an important stage in its development,” said Jeffrey Greenberg.

“I am an avid electric vehicle owner and strong advocate for the EV transition. Extending the useful life of

lithium-ion batteries is essential for sustainability, affordability, and long-term adoption. Battery X Metals

is addressing a real and growing challenge with innovative technology, and I believe strongly in the

Company’s mission. Having helped build a global brand from the ground up, I look forward to advising the

team as they work to establish Battery X Metals as a globally recognized leader in the emerging battery

technology sector.”

1 Skechers, 2 Skechers,

About Battery X Metals Inc.

Battery X Metals (CSE:BATX) (OTCQB:BATXF) (FSE:5YW0, WKN: A41RJF) is an energy transition resource

exploration and technology company committed to advancing domestic battery and critical metal

resource exploration and developing next-generation proprietary technologies. Taking a diversified, 360°

approach to the battery metals industry, the Company focuses on exploration, lifespan extension, and

recycling of lithium-ion batteries and battery materials. For more information, visit batteryxmetals.com.

On Behalf of the Board of Directors

Massimo Bellini Bressi, Director

For further information, please contact:

Massimo Bellini Bressi

Chief Executive Officer

Email: [email protected]

Tel: (604) 741-0444

Disclaimer for Forward-Looking Information

This news release contains forward-looking statements within the meaning of applicable securities laws.

Forward-looking statements in this release include, but are not limited to, statements regarding: the

anticipated strategic benefits of the appointment of Mr. Jeffrey Greenberg to the Company’s Advisory

Board; the expected role and contribution of the Advisory Board in supporting the Company’s capital

markets positioning, strategic initiatives, and long-term growth objectives; the Company’s assessment of

the relevance of Mr. Greenberg’s prior executive and governance experience to the Company’s business

and strategic objectives; the Company’s plans, objectives, and expectations with respect to the

development, validation, commercialization, and market adoption of its lithium-ion battery diagnostics,

rebalancing, and recycling technologies; the performance, effectiveness, durability, scalability, and

potential commercial viability of the Company’s patent-pending lithium-ion battery rebalancing hardware

and software platform; the ability of the Rebalancing Machine to recover lost usable capacity, extend

battery lifespan, improve energy efficiency, and reduce the need for full battery replacement; the

continuation, reliability, and replicability of results from preliminary validation assessments, real-world

trials, and third-party testing, including validation conducted by the National Research Council of Canada;

the objectives, scope, and expected outcomes of the Company’s collaborative research agreement with a

globally ranked Top 20 university; the advancement of laboratory-scale battery material recovery results

toward pilot-scale validation and potential commercialization; and the Company’s broader strategy to

support battery lifecycle extension, circular resource utilization, and participation in the global energy

transition. Forward-looking statements are based on management’s current expectations, assumptions,

estimates, and projections as of the date of this news release, which management believes to be

reasonable. However, such statements are subject to known and unknown risks, uncertainties, and other

factors that may cause actual results, performance, or achievements to differ materially from those

expressed or implied by such forward-looking statements. These risks and uncertainties include, but are

not limited to: the Company’s ability to effectively leverage advisory board input in executing its strategic

objectives; the ability to further develop, validate, scale, and commercialize its lithium-ion battery

rebalancing and recycling technologies; variability in outcomes from future laboratory testing, validation

assessments, or real-world trials; technical, operational, or engineering challenges encountered during

further testing, deployment, or scale-up; the feasibility of advancing laboratory-scale recycling processes

to pilot or commercial scale; the ability to secure or maintain strategic partnerships, commercial

arrangements, or funding; market acceptance of the Company’s technologies; changes in regulatory,

environmental, or industry conditions; competitive developments; availability of capital; and general

economic, market, and geopolitical conditions. Forward-looking statements reflect management’s beliefs,

assumptions, and expectations only as of the date of this news release and are not guarantees of future

performance. There can be no assurance that the Company will achieve its development or

commercialization objectives, that future validation, pilot-scale testing, or commercial deployment will

replicate reported preliminary trials and results, or that the Company’s technologies will achieve

widespread market adoption. Except as required by applicable securities laws, the Company undertakes

no obligation to update or revise any forward-looking statements to reflect new information, future

events, or otherwise. Readers are cautioned not to place undue reliance on forward-looking statements

and are encouraged to consult the Company’s continuous disclosure filings available under its profile on

SEDAR+ for additional risk factors and further information.