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EWK.V ·

Earthworks Files Audited Financial Statements

Financials

Suite 600 - 890 West Pender Street, Vancouver, BC V6C 1J9

Telephone: 604.669.3143 Fax: 604.669.3107

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

EARTHWORKS FILES AUDITED FINANCIAL STATEMENTS

VANCOUVER, BC, June 3, 2026, – Earthworks Industries Inc. (TSXV: EWK) (OTCQB: EAATF) (the

"Company") confirms it filed its audited financial statements and related annual management's discussion

and analysis for the financial year ended November 30, 2025, on June 2, 2026, as required under Part 4

and Part 5, respectively, of National Instrument 51-102 — Continuous Disclosure Obligations, and related

certifications of such filings by the Company's chief executive officer and chief financial officer as required

under Part 4 of National Ins trument 52-109 — Certification of Disclosure in Issuers' Annual and Interim

Filings (collectively, the " Annual Filings"). The B ritish Columbia Securities Commission had provided an

extension until June 3, 2026, to complete the filing.

The Management Cease Trade Order (MCTO) will remain until the 1st Quarter filings are made, which must

be made within five business days after the Audited Annuals are filed and are currently being finalized.

The Company will continue to provide a bi -weekly update in accordance with NP 12 -203 until the time

that the filing is made.

About Earthworks Industries Inc.

Earthworks Industries Inc. is a publicly listed company focused on advancing innovative solutions across

the materials recovery and infrastructure value chain, with an emphasis on efficiency, scalability, and long-

term sustainability.

For further information contact:

Earthworks Industries Inc.

David Atkinson

President/CEO

(604) 669-3143

Cautionary Statements

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

Exchange) has approved nor disapproved the contents of this news release, nor do they accept responsibility for the adequacy or

accuracy of this release.

Cautionary Note Regarding Forward-Looking Statements

Certain information contained in this release constitute forward -looking statements or information under Canadian securities

legislation. Generally, forward -looking statements can be identified by the use of forward -looking terminology such as "will",

"expects", "anticipates" or variations of such words and phrases or statements that certain actions, events or results "will" occur.

In particular, forward-looking statements in this release include statements regarding: the anticipated timing for the filing of the

Annual Filings; and the ability of the Company to comply with the requirements of NP12 -203. Forward-looking statements are

based on the opinions and estimates of management as of the date such statements are made and are subject to known and

unknown risks, uncertainties and other factors that may cause actual results to be materially different from those expressed or

implied by such forward-looking statements, including that the Annual Filings may not be completed in the time anticipated or

allowed for by t he MCTO, in which case a general cease trade order may be issued with respect to the Company's securities.

Although management of the Company has attempted to identify important factors that could cause actual results to differ

materially from those contai ned in the forward -looking statements, there may be other factors that cause results not to be as

anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual resul ts

and future events could differ materially from those anticipated in such statements. The Company cautions readers of this news

release not to place undue reliance on the forward -looking statements contained in this release as many factors could cause

actual results or conditions to differ materially from current expectations. Additional information on these and other risk factors

that could affect the Company's operations are outlined in the Company's continuous disclosure documents that can be found

on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile. The Company does not intend and disclaims any obligation,

except as required by law, to update or revise any forward -looking statements, whether because of new information, future

events, or otherwise.