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GRAPHANO APPLAUDS CANADA’S NEW MAJOR PROJECTS OFFICE AS CATALYST FOR NORTH AMERICAN GRAPHITE SUPPLY Near-Surface, High-Grade Resource at Graphano’s Lac Saguay Project Well Positioned to Meet Emerging Market Demand

Company Commentary

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GRAPHANO APPLAUDS CANADA’S NEW MAJOR PROJECTS OFFICE AS CATALYST FOR

NORTH AMERICAN GRAPHITE SUPPLY

Near-Surface, High-Grade Resource at Graphano’s Lac Saguay Project Well Positioned

to Meet Emerging Market Demand

Vancouver, B C, September 3, 2025 – Graphano Energy Ltd. (“Graphano” or the “Company”)

(TSXV: GEL, FSE: 97G0, OTC PINK: GELEF) welcomes the launch of Canada’s Major Projects Office

(“MPO”) by Prime Minister Mark Carney. The MPO will accelerate approval processes for major projects,

reducing timelines from five years to two, with a strong focus on critical minerals and energy developments.

The initiative also dedicates $40 million to support Indigenous participation in major projects.

“The MPO’s streamlined approvals come at exactly the right time, as our LAB and Standard project

resources are advancing,” said Dr. Luisa Moreno, CEO of Graphano. “This creates an opportunity for us

to move toward development more efficiently and support Canada’s ambition to become a leading supplier

of graphite to Western energy markets.”

Graphano recently announced an initial mineral resource estimate at its Lac Saguay graphite project, which

includes the Lac Aux Bouleaux (LAB) and Standard properties. The estimate outlines:

• Indicated Mineral Resource: 1,640,000 tonnes at 7.00% graphitic carbon (Cg)

• Inferred Mineral Resource: 1,580,000 tonnes at 7.00% Cg

(See the National Instrument 43 -101 Technical Report titled “NI 43-101 Technical Report, Lac Saguay

Graphite Project, Quebec, Canada” with an effective date of July 15, 2025, and a report date of August 29,

2025, as prepared by Mercator Geological Services Limited and filed under the Company’s profile on

SEDAR+ www.sedarplus.ca.)

These resources represent potential additional graphite supply for Northern Graphite’s Lac des Îles mine

and processing facility under the companies’ mineral development agreement. As the projects advance ,

Graphano’s graphite portfolio holds the potential to strengthen the North American and European supply

chain. With China currently the largest global producer and supplier of graphite to the U.S. and new U.S.

tariffs (163%) creating barriers to Chinese imports, the need for reliable North American alternatives has

never been greater.

Next Steps

Graphano’s near-term milestones include:

• Drilling program at the Black Pearl property

• Bulk sampling and metallurgical testing

• Infill drilling to upgrade Inferred resources to Indicated and Measured categories

• Economic evaluation and permitting activities

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The Company plans to engage with the MPO as projects advance and expects to soon close its previously

announced non-brokered private placement financing pursuant to the listed issuer financing exemption

(“LIFE Offering”) (see news release dated August 15, 2025), which remains subject to final acceptance

by the TSX V enture Exchange. Proceeds raised from the LIFE Offering will help fund these upcoming

programs.

Qualified Person

The technical information in this news release has been reviewed and approved by Roger Dahn, B.Sc.,

P.Geo., a director of the Company and a “Qualified Person” as defined in National Instrument 43 -101 –

Standards of Disclosure for Mineral Projects.

About Graphano Energy

Graphano Energy Ltd. is an exploration and development company focused on evaluating, acquiring, and

developing energy metals resources from exploration to production.

Graphite is one of the most in -demand technology minerals that is required for a green and sustainable

world. The Company’s Lac Aux Bouleaux property, situated adjacent to Canada’s only producing graphite

mine, in Qu ébec, Canada, has historically been an active area for natural graphite. With the demand for

graphite growing in some of the most prominent and cutting -edge industries, such as lithium batteries in

electric cars and other energy storage technologies, the Co mpany is developing its project to meet the

demands of the future.

ON BEHALF OF THE BOARD OF DIRECTORS

Luisa Moreno

Chief Executive Officer and Director

T: +1-647-462-6039

E: [email protected]

Neither 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.

Cautionary Note Regarding Forward-Looking Statements:

This news release contains certain “forward -looking information” and “forward -looking statements”

(collectively “forward-looking statements”) within the meaning of applicable securities legislation. All

statements, other than statements of historical fact, included herein, without limitation, are forward-looking

statements. Forward -looking statements are frequently, but not always, identified by words such as

“expects”, “anticipates”, “believes”, “intends”, “estimates”, “potential”, “poss ible”, and similar

expressions, or statements that events, conditions, or results “will”, “may”, “could”, or “should” occur or

be achieved. Forward-looking statements in this news release relate to, among other things, the impact of

the MPO in accelerating approval processes for major projects and reducing timelines and other initiatives

thereof, the Company’s engagement with the MPO, the Company’s mineral resources providing a potential

additional graphite supply for the Lac des Îles mine and strengthening the supply chain, further advancing

the Company’s projects, mineral exploration programs, exploration results and any impact thereof, and the

anticipated closing of the LIFE Offering. There can be no assurance that such statements will prove to be

accurate and actual results and future events could differ materially from those anticipated in such

statements. Forward -looking statements reflect the beliefs, opinions and projections on the date the

statements are made and are based upon a number of assumptio ns and estimates that, while considered

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reasonable by Graphano, are inherently subject to significant business, economic, competitive, political and

social uncertainties and contingencies. Many factors, both known and unknown, could cause actual results,

performance or achievements to be materially different from the results, performance or achievements that

are or may be expressed or implied by such forward -looking statements and the parties have made

assumptions and estimates based on or related to many of these factors. Such factors include, w ithout

limitation, risks associated with possible accidents and other risks associated with mineral exploration

operations, the risk that the Company will encounter unanticipated geological factors, risks associated with

the interpretation of exploration r esults, the possibility that the Company may not be able to secure

permitting and other governmental clearances necessary to carry out the Company's exploration plans, the

risk that the Company will not be able to raise sufficient funds to carry out its bu siness plans, and the risk

of political uncertainties and regulatory or legal changes that might interfere with the Company's business

and prospects. These risks, as well as others, are disclosed within the Company's filing on SEDAR+ at

www.sedarplus.ca, the Canadian Securities Administrators' national system that all market participants use

for filings and disclosure, which investors are encouraged to review prior to any transaction involving the

securities of the Company. Readers should not place undue reliance on the forward-looking statements and

information contained in this news release concerning these items. Graphano does not assume any

obligation to update the forward -looking statements of beliefs, opinions, projecti ons, or other factors,

should they change, except as required by applicable securities laws.