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Boron One Announces Change of Auditor

Regulatory & Compliance

BORON ONE HOLDINGS INC.

NEWS RELEASE – for immediate release

Boron One Announces Change of Auditor

August 7, 2026

Victoria, BC

Boron One Holdings Inc. (“Boron One” or the “Company”) [TSXV: BONE] announces that Smythe LLP

(the “Former Auditor”) has resigned as auditor of the Company effective July 24, 2026.

The resignation of the Former Auditor was not the result of any disagreement with the Company on any

matter of accounting principles or practices, financial statement disclosure, or auditing scope or

procedure. The Former Auditor has not expressed any modified opinion in its audit report on the

Company’s financial statements for the financial year ended June 30, 2025, and there are no “reportable

events” (as defined in Section 4.11 of National Instrument 51-102 – Continuous Disclosure Obligations

(“NI 51-102”)) in connection with the change of auditor.

The board of directors of the Company has appointed De Visser Gray LLP (the “Successor Auditor”) as

auditor of the Company effective July 24, 2026, to hold office until the close of the next annual general

meeting of the Company.

In accordance with NI 51-102, the Company has filed the Notice of Change of Auditor, together with the

required letters from both the Former Auditor and the Successor Auditor, on SEDAR+, where they are

available under the Company’s profile at www.sedarplus.ca.

On behalf of the Board of Directors,

Tim Daniels

About Boron One Holdings Inc.

Boron One Holdings Inc. is a leading company dedicated to advancing the decarbonization of our planet

through the responsible utilization of its wholly owned boron assets. With a commitment to

environmental stewardship and sustainability, Boron One aims to play a crucial role in reducing the

carbon footprint and supporting a cleaner, greener future.

Headquartered in Victoria, B.C., Canada, Boron One's shares are traded on the TSX Venture Exchange

under the symbol “BONE”. For detailed information please see Boron One's website at

www.boronone.com or the Company's filed documents at www.sedarplus.ca

For further information, please contact:

Blake Fallis, General Manager

Phone: 1-250-384-1999 or 1-888-289-3746

[email protected]

www.boronone.com

Boron's Public Quotations:

TSX Venture: BONE

Berlin: EKV

US: SEC 12G3-2(B) #82-4432ERVFF

OTCBB: ERVFF

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.