Abu Dhabi, United Arab Emirates – TheNewswire - 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 price 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 2025, 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: m.bos@falconem.net                                        Email: m.johnston@falconem.net

                                                                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 any future results, performance or 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.

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