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FLCN.V ·

Grant of Options & Director DSU

Share Capital & Compensation

Falcon Energy Materials plc

Level 7, Al Maryah Tower, Al Maryah Island, Abu Dhabi, United Arab Emirates

falconem.net

Grant of Options & Director DSU

PRESS RELEASE FOR IMMEDIATE RELEASE

Abu Dhabi, United Arab Emirates, December 1, 2025 – Falcon Energy Materials plc (TSX-V:

FLCN) (OTCQB: FLCNF) (“Falcon” or the “Company”) today announced that, pursuant to its Stock

Option Plan and subject to regulatory acceptance, the Company has granted 3,273,154 incentive

stock options to officers, directors and consultants of the Company , subject to vesting provisions.

These options will be exercisable at a price equivalent to the closing pr ice of the common shares of

the Company on the TSX Venture Exchange (the “TSXV”) on November 28, 2025 and will expire on

November 28, 2035.

Furthermore, in connection with services rendered by the Directors during the calendar year 202 5,

the Company has issued 442,308 Deferred Share Units (“DSUs”) to its Directors. In accordance with

the Company’s Amended and Restated Long-Term Incentive Plan, the DSUs were priced based on

the 5 day VWAP ending November 28, 2025 of the Company’s common shares on the TSX Venture

Exchange.

ABOUT FALCON ENERGY MATERIALS PLC

Falcon Energy Materials (TSX-V: FLCN, OTCQB: FLCNF) is aiming to be the premier provider of

natural Coated Spherodized Purified Graphite, a critical component for energy storage solutions. As

a dedicated chemical refiner of natural graphite concentrate, Falcon is working diligently towards the

development of a state-of-the-art 25 ktpa CSPG production facility in Morocco.

Strategically partnered with leading Chinese technology firms and Tier One Moroccan partners,

Falcon benefits from advanced technological expertise, access to high -quality raw materials and

chemicals, and a prime geographical location —factors that will enable it to deliver consistent, high -

quality supply to global markets.

With a clear focus on sustainable growth and innovation, Falcon aims to become the go-to producer

of natural CSPG, supporting widespread adoption in energy storage and other emerging industries.

For additional information, please visit Falcon’s website at www.falconem.net

Contact:

Matthieu Bos Matt Johnston

President & CEO IR Advisor

Email: [email protected] Email: [email protected]

Telephone: +971 2307 4013

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the

TSXV) accepts responsibility for the adequacy or accuracy of this release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS

This news release may contain "forward-looking statements" that involve known and unknown risks,

uncertainties, assumptions, and other factors that may cause the actual results, performance, or

achievements of the Company to be materially different from an y future results, performance or

Falcon Energy Materials plc

Level 7, Al Maryah Tower, Al Maryah Island, Abu Dhabi, United Arab Emirates

falconem.net

achievements expressed or implied by the forward-looking statements. Any forward-looking statement

speaks only as of the date of this news release and, except as may be required by applicable

securities laws, the Company disclaims any intent or obligation to update any forward -looking

statement, whether as a result of new information, future events, or results or otherwise.