Earthworks Clarifies Private Placement

Suite 615 - 800 West Pender Street, Vancouver, BC V6C 2V6

Telephone: 604.669.3143 Fax: 604.669.3107

Email: [email protected] Web: www.earthworksinc.com

TSX-V: EWK

OTCQB: EAATF

News Release

July 28, 2025

EARTHWORKS CLARIFIES PRIVATE PLACEMENT

Earthworks Industries Inc. (the “Company”) wishes to clarify details of its recently closed financing

announced in previous News Release s dated April 1 and July 23, 2025. On April 1, 2025, t he Company

initiated the sale of up to 7.5 million Units at $0.05 per unit , for $375,000, with a Warrant entitling the

purchase of one additional share of the Company for $0.10, exercisable for 2 years, subject to acceleration

should the Company’s share price close at or above 20 cents for 20 consecutive trading days.

On May 22, 2025, a first tranche was announced to close 5,270,000 Units for gross proceeds of $263,500.

The second tranche closing of 2, 250,000 Units for gross proceeds of $112,500 , resulted in a n

oversubscription for a total of 7,520,000 Units and total gross proceeds of $376,000. The funds raised are

for operating and working capital.

The placement included sales to four Directors of a total of 2,370,000 Units.

With respect to the Unit sales, the Company paid finders fees or commissions of 8% cash on some of the

placements, totaling $10,600.

All securities issued as part of the placement will be subject to a hold period in Canada of four months.

The placements are subject to acceptance for filing by the TSX Venture Exchange.

For further information, contact:

Earthworks Industries Inc.

David Atkinson

President/CEO

604-669-3143

Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this News Release.