Expoente do Titânio Project TiO₂ – REE

TITANIUM EXPLORATION TARGET consolidated the project’s technical documentation and advanced its assessment through the independent NI 43-101 report prepared by Leonardo Deringer Fraga, P.Geo. (EGBC No. 61611), effective 30 August 2026.

The technical foundation combines drilling, sampling, laboratory assays, density measurements, geological records and prior studies. The 419-hole database incorporates the 2024–2025 exploration program, providing a technical archive to guide the next stages of exploration and project assessment.

Leonardo Deringer Fraga, P.Geo. (EGBC No. 61611), is the sole QP responsible for the 30 August 2026 report. His review combines direct prior involvement in the exploration program, technical database checks and a property inspection on 31 March and 1 April 2026. His relationship to the project and independence declaration are disclosed in the report and certificate.

NI 43-101 · Items 2–4 / Itens 2–4 · p. 8 · Supporting documentation available on request.

The public NI 43-101 range for PAT alone is 1.7–2.8 billion tonnes of mineralised material at 10.4–11.4% TiO₂. This scale reinforces the project’s significance and guides metallurgical work integrated with PAE preparation.

The reported titanium and rare-earth ranges, the shallow regolith setting and the targets excluded from current quantities provide reasons to pursue systematic exploration. Further studies will determine how much of that potential can be converted into Mineral Resources and, if justified, later development studies. The current report does not rank Expoente do Titânio among global titanium deposits.

NI 43-101 · Item 9 / Item 9 · p. 20 · Supporting documentation available on request.

Rare earths form a separate exploration workstream at Expoente do Titânio. For PAT, OLE, PIN and LAF combined, the NI 43-101 report presents a conceptual Exploration Target of 4.4–5.6 billion tonnes of mineralised material at 2,100–2,300 ppm total rare earth oxides (TREO), equivalent to 0.21–0.23% TREO.

The analytical database identifies neodymium and praseodymium (NdPr) and magnet rare earth oxide components (MREO). Their distribution, mineral hosts, recovery and potential product quality will be assessed through representative mineralogical and metallurgical testing. The titanium and TREO quantities may overlap and must not be added together.

Three years of studies underpin the project’s progression toward its next stage: preparation of the Economic Exploitation Plan (PAE). According to the company’s update, three Final Exploration Reports (RFPs) have been submitted and Leonardo Fraga is preparing the next filings under a programme covering all 51 mining-right proceedings. The archive of 419 drill holes, laboratory analyses and technical studies provides the accumulated foundation for this progression. Metallurgical work supports recovery, product quality, flowsheet development and PAE engineering.

We seek investors to turn this mineral scale into a path toward industrial development. Together, aiming for global leadership in titanium.

The progress dashboard will be updated as RFP filings advance and new technical results and PAE preparation milestones become available.

Expoente do Titânio is the project’s commercial name. Original technical documents identify the project as Mata da Corda; original source maps retain that historical name.

Technical reference: independent NI 43-101 report effective 30 August 2026, prepared by Leonardo Deringer Fraga, P.Geo., EGBC No. 61611. Supporting reports, QP certificate and consent are retained in their original form and can be requested from the project team.