Share FOR Debt Agreement Approved

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

March 25, 2026

SHARE FOR DEBT AGREEMENT APPROVED

Earthworks Industries Inc. (the “Company”) reports that TSX Venture Exchange has accepted the shares

for debt agreement and issuance of 13,146,057 common shares, as disclosed in the Company’s news

releases dated Nov. 20, 2025, Jan. 22, 2026, and March 17, 2026 , extinguishing the debt. The shares will

have a 4-month hold period.

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.