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Scandium Canada Announces the Large-Scale Commercial Deployment of its Scalium® Alloy in Ferreol Skis’ Entire 2026-2027 Collection Ferreol Skis’ new collection, unveiled today, integrates thin sheets of Scalium® aluminum-scandium alloy into the construction of all its skis. A high-volume

August 20, 2026

Scandium Canada Announces the Large-Scale Commercial

Deployment of its Scalium® Alloy in Ferreol Skis’ Entire 2026-2027

Collection

Ferreol Skis’ new collection, unveiled today, integrates thin sheets of Scalium®

aluminum-scandium alloy into the construction of all its skis. A high-volume

commercial demonstration for the alloys of Scalium+, Scandium Canada’s wholly

owned subsidiary.

MONTRÉAL, QUÉBEC – Scandium Canada Ltd. (TSX-V: SCD) (the “Company”)

is pleased to announce that the Scalium® aluminum-scandium alloy, commercialized

by its subsidiary Scalium+, is integrated into the construction of every ski in Ferreol

Skis’ new 2026-2027 collection, launched today. This large-scale commercial

deployment marks an important milestone for the Company.

Ferreol Skis, which has contributed to the development of Scalium® in recent years

alongside the Ferreol Technologies team, now Scalium+, is integrating the alloy

across its entire collection in the form of thin 0.4 mm sheets.

According to Ferreol Skis, Scalium® delivers concrete benefits in on-snow

performance (stability, edge grip, vibration damping), durability (bonding quality, high

resistance to deformation) and eco-responsibility, with the aluminum sourced from

Québec, Canada.

Ferreol Skis also presents Scalium® as an alternative to the high-strength aluminum

sheets that have been used in the ski industry for more than 40 years.

Figure 1: Internal construction of the Ferreol Pionnier 104 2.0 model, featuring a

sheet of Scalium®.

“This announcement by Ferreol Skis is concrete proof that the market is ready for

our aluminum-scandium alloys,” said Guy Bourassa, Chief Executive Officer

(CEO) of Scandium Canada. “This is exactly what our mine-to-alloy strategy is

designed to do: create value with our alloys today, while advancing the Crater Lake

project as a primary source of scandium in North America.”

“Skiing is a demanding test bench: high mechanical stress and extreme conditions,”

added Félix Lapointe, CEO of Scalium+. “Ferreol Skis took part in the development

of Scalium® and is now integrating it at volume into a commercial product. This

milestone demonstrates our ability to transform an idea to a commercial alloy that is

used into real products and supports our qualification efforts in other sectors, including

aeronautics, automotive and the defence industry.”

“With Scalium®, Ferreol Skis is not following industry standards, we are redefining

them. Today is not only the launch of a new ski collection, but also proof that expertise

developed here in Canada can give rise to innovations capable of transforming several

industries worldwide, from skiing to aerospace,” said Jonathan Audet, co-founder

and CEO of Ferreol Skis.

Ferreol Skis also indicated that Scalium® is used in the construction of its ski line

designed for the defence industry, a mobility solution for extreme and arctic

environments developed for the Canadian Defence and NATO allied countries. Ferreol

Skis’ new collection will also be deployed across several international markets,

including France.

Ferreol Skis’ full news release is available on the company’s website:

https://ferreol.ca/en/blogs/news/world-first-ferreol-skis-commercially-deploys-

scalium-at-scale-in-its-new-2026-2027-ski-collection

About Scalium+

Scalium+, formerly Ferreol Technologies, is Scandium Canada’s wholly owned

commercialization subsidiary for aluminum-scandium (Al-Sc) alloys. It unites the alloys

developed by the Company’s Scandium+ division with the Scalium® line of alloys and

surface treatment created by the Ferreol Technologies team. Scalium® alloys add

value on multiple fronts: significantly higher mechanical strength than conventional

alloys in rolled products, better weldability in wire form, faster print speeds in powder

form, and much higher corrosion resistance. For manufacturers, this translates into

lighter parts, shorter build times in additive manufacturing and better lifetime value for

primary and secondary components. Scalium+ brings these specialized materials to

market today, across multiple sectors.

About Scandium Canada Ltd.

Scandium Canada (TSX-V: SCD) is a critical minerals mining and advanced materials

company developing North America’s only primary source of scandium at its Crater

Lake project in Nunavik, Québec. Through Scalium+, its wholly owned

commercialization subsidiary, the Company brings proprietary, patent-pending

aluminum-scandium (Al-Sc) alloys and the Scalium® line of alloys and technologies

to market today, while advancing the Crater Lake mining project for the future. This

dual-engine strategy positions Scandium Canada to anchor a secure North American

scandium supply chain and to shape the future of lighter, stronger and longer-lasting

materials for advanced manufacturing end users, while committing itself to building a

more responsible economy through innovation and agility.

Forward-Looking Statements

This news release contains forward-looking information within the meaning of

applicable Canadian securities laws, including, without limitation, statements

regarding the commercialization of Scalium® alloys and their adoption by other

manufacturers or sectors, their deployment in international markets, their potential

applications, including in aeronautics, aerospace, automotive and the defence

industry, and the qualification efforts underway in those sectors, and, generally, the

above "About Scandium Canada Ltd." paragraph which essentially describes the

Company's outlook. Forward-looking information is based on assumptions and is

subject to risks and uncertainties that could cause actual results to differ materially.

Although the Company believes the expectations reflected in such information are

reasonable, undue reliance should not be placed on it. The Company undertakes no

obligation to update forward-looking information except as required by law.

Forward-looking statements are necessarily based upon a number of estimates and

assumptions that, while considered reasonable by the Company as of the time of such

statements, are inherently subject to significant business, economic and competitive

uncertainties, and contingencies. These estimates and assumptions may prove to be

incorrect. Many of these uncertainties and contingencies can directly or indirectly

affect, and could cause, actual results to differ materially from those expressed or

implied in any forward-looking statements and future events, could differ materially

from those anticipated in such statements. A description of assumptions used to

develop such forward-looking information and a description of risk factors that may

cause actual results to differ materially from forward-looking information can be found

in the Company's disclosure documents on the SEDAR+ website at

www.sedarplus.ca.

By their very nature, forward-looking statements involve inherent risks and

uncertainties, both general and specific, and risks exist that estimates, forecasts,

projections and other forward-looking statements will not be achieved or that

assumptions do not reflect future experience. Forward-looking statements are

provided for the purpose of providing information about management's endeavors to

develop the Crater Lake project, and, more generally, its expectations and plans

relating to the future. Readers are cautioned not to place undue reliance on these

forward-looking statements as a number of important risk factors and future events

could cause the actual outcomes to differ materially from the beliefs, plans, objectives,

expectations, anticipations, estimates, assumptions and intentions expressed in such

forward-looking statements. All of the forward-looking statements made in this press

release are qualified by these cautionary statements and those made in our other

filings with the securities regulators of Canada. The Company disclaims any intention

or obligation to update or revise any forward-looking statement or to explain any

material difference between subsequent actual events and such forward-looking

statements, except to the extent required by applicable law.

Neither the 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.

For more information or interview requests, please contact:

Scandium Canada Ltd.

Arnaud Bourassa Francoeur

Director, Communications & Marketing

Phone: +1 (418) 609-4900

Email: [email protected]

Website: www.scandium-canada.com

LinkedIn: Scandium Canada Ltd.

X: @ScandiumCanada

Facebook: Scandium Canada

Instagram: @scandiumcanada