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Cyient Unveils New Brand Positioning ‘Nothing Less’

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New Positioning Establishes Company’s Addressable Market as a Lifecycle Engineering Services Company and Reinforces Focus on Exemplary Outcomes

HYDERABAD, India, Aug. 25, 2026 /PRNewswire/ — Cyient today unveiled its new brand positioning and promise, ‘Nothing Less,’ reflecting its evolution as a Global Lifecycle Engineering Services leader and its commitment to helping customers achieve exemplary outcomes in an increasingly complex, intelligence-driven world. The refreshed positioning brings intelligent engineering to every stage of the lifecycle, combining deep engineering expertise, domain knowledge, human intelligence, and AI applied in context.

The new positioning will be the focal point of Cyient’s go-to-market strategy, representing an engineering portfolio that partners with customers across the full life cycle of their products and the assets that power their businesses, creating value measured over decades rather than projects.

The new brand reflects both the company’s capability and ways of working. Intelligent Engineering defines what we do: bringing together engineering, digital, and industry expertise to help customers improve performance, reliability, and growth. Embracing Intelligence defines how we do it: harnessing the combined power of people, data, and AI to unlock better decisions and better outcomes. Together, they reinforce Cyient’s focus on delivering exemplary outcomes.

Krishna Bodanapu, Executive Vice Chairman & Managing Director, Cyient, said, “Since our founding in 1991, Cyient has partnered with some of the world’s leading organizations to solve complex engineering challenges and deliver outcomes that matter. We have, over the years, built deep domain expertise across the industries and earned the trust of customers operating in some of the most demanding and mission-critical environments. This legacy of engineering excellence, customer focus, and value-driven ownership has shaped who we are today and sets the foundation for our next phase of growth.”

Commenting on the new positioning, Sukamal Banerjee, Executive Director and Chief Executive Officer, Cyient Ltd, said, “Nothing Less is a reflection of how Cyient has evolved and where we are headed. As a Global Lifecycle Engineering Services company, we are expanding the value we deliver across the entire life of an asset, from design to manufacture to services. Competitive advantage today comes from the convergence of engineering expertise, human ingenuity, and AI-driven intelligence. Cyient brings these strengths together in a unique way. We help customers solve complex challenges faster, improve outcomes, and unlock greater value throughout the lifecycle.”

The new positioning is also anchored in Cyient’s Values FIRST framework—anchored in Fairness, Integrity, Respect, Sincerity, and Transparency. These values continue to guide how the company works with customers, associates, partners, and communities as it brings the “Nothing Less” promise to life.

About Cyient

Cyient is a global lifecycle engineering services company powering mission-critical industries from design to aftermarket across products, plants, and networks. With 300+ customers and 15,000+ associates across 30+ countries, we combine human expertise, deep domain knowledge, and AI to deliver intelligent engineering for every lifecycle across Aerospace and Rail, Automotive and Mobility, Connectivity, Energy, Healthcare, Mining, Utilities, and beyond.

To learn how we deliver exemplary outcomes, nothing less, visit www.cyient.com. 

Forward-Looking Statements
Certain statements made in the press release that are not based on historical facts may be forward‑looking statements within the meaning of applicable laws and regulations. Such forward‑looking statements are subject to risks, uncertainties, and assumptions, like significant changes in the economic environment in India and overseas, regulatory and tax laws, import duties, litigation, labour relations and other factors beyond the Company’s control. Actual results may differ materially from those expressed or implied.

Cyient undertakes no obligation to publicly update or revise these forward‑looking statements, whether as a result of new information, future events, or otherwise, except as required under applicable law.

 Reshma Nair, 20:20 MSL
reshma.nair@2020msl.com
 

Joshika Rv, 20:20 MSL
joshika.rv@2020msl.com

Phalguna Hari jandhyala
Cyient

Phalguna.Harijandhyala@cyient.com

First summer vacation season after the opening of the world’s highest bridge

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XINYI, CHINA – Media OutReach Newswire – 24 August 2026 – In September 2025, the Huajiang Grand Canyon Bridge in Guizhou Province was open to traffic. This super project, “the world’s highest bridge both vertically and horizontally”, brought Huajiang Village, a once-quiet Bouyei ethnic village, its first full summer vacation season.

image-1.jpeg

Since the start of the summer vacation, the village’s 15 homestays and 13 restaurants have been fully booked every day.

Guizhou Huajiang Grand Canyon Bridge, photographed in September last year (drone photo)
Guizhou Huajiang Grand Canyon Bridge, photographed in September last year (drone photo)

With the booming cool-climate economy, nowadays, Huajiang Village has seen idle farm houses turned into high‑end homestays, home‑cooked meals upgraded into special local delicacies, traditional crafts developed into cultural and creative products, and migrant workers returning home to start businesses.

The village has taken on a brand‑new look with concrete roads, tidy surroundings and growing popularity, and local people’s livelihood and happiness keeps improving.

The booming cool-climate summer tourism industry has successfully converted cultural‑tourism traffic into sustained development momentum, injecting strong impetus into comprehensive rural revitalization.

Hashtag: #GuizhouDongjingCultureCommunication

The issuer is solely responsible for the content of this announcement.

XPENG Reports Q2 2026 Results: Gross Margin Reaches 20.7%, Overseas Market Drives 25% of H1 Revenue

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  • Second-quarter revenue totaled RMB19.74 billion. Quarterly gross margin reached 20.7%.
  • Overseas deliveries surpassed 20,000 units in Q2, with overseas markets contributing 25% of H1 revenue.
  • Robotics business raises over US$900 million, at a post-money valuation of over US$6.3 billion, marking the largest single-round private financing ever recorded in China’s embodied AI industry.
  • XPENG L03 secures historic order volume at launch, with oversea deliveries of L03 expected to start in Q4, driving the company’s quarterly overseas deliveries to exceed 40,000 units.

GUANGZHOU, China, Aug. 24, 2026 /PRNewswire/ — XPENG, a leading global Physical AI company, today announced its financial results for the second quarter of 2026. 

Physical AI Commercialization Accelerates: Robotics business raises over US$900 million, VLA 2.0 Model First Major Upgrade.

During the earnings call, He Xiaopeng, Chairman and CEO, detailed the company’s ongoing transformation into a global leader in the physical AI world.

  • Humanoid Robot: XPENG Robotics business raises over US$900 million, at a post-money valuation of over US$6.3 billion, marking the largest single-round private financing ever recorded in China’s embodied AI industry. Recently, XPENG’s IRON humanoid robot has reached multiple R&D milestones and is about to release capability previews. In 2027, XPENG IRON will officially launch and begin large-scale deliveries in China and overseas to external customers in the retail and service sectors. Monthly production capacity can be rapidly ramped up to several thousand units by 2027 in response to market demand.
  • ADAS: Starting at the end of August, XPENG’s VLA 2.0 model will undergo its first major upgrade in China. The new version will also integrate VLA and VLM models to achieve integrated cockpit and autonomous driving functionality, bringing selected L4-level capabilities developed for XPENG Robotaxi to passenger vehicles. The goal is to obtain regulatory approval in Europe first in the first half of 2027 and begin deliveries to overseas users.
  • Robotaxi: Mass-produced Robotaxi powered by VLA 2.0 has completed more than 2,000 internal test orders in Guangzhou and validated the full end-to-end process for trial passenger operations. Our goal is to achieve passenger-carrying operations without a safety driver by 2027.

Overseas Market Enters High-Growth Trajectory, Contributes over 25% of H1 Revenue

Mr. He emphasized that despite industry-wide cost pressures, operations have remained resilient. Driven by key breakthroughs in premiumization and overseas markets, gross margin surpassed 20.7% in Q2.

In Q2, XPENG’s overseas deliveries surpassed 20,000 units for the first time, up 81% year-over-year. In H1 2026, overseas business contributed over 25% of total revenue. The average selling price exceeded €40,000, with per-vehicle revenue and gross profit at the forefront of Chinese automakers expanding globally.

In July, the GX delivered over 7,000 units in the domestic market, making it one of the top-three models in China’s NEV SUV segment priced above RMB300,000.

The flagship SUV G9L will officially launch and begin deliveries in China in September. XPENG L03, as the Next-Gen AI SUV Coupe, became a phenomenal hit after its launch, with orders breaking new records for XPENG’s entire lineup. Overseas deliveries of the L03 are expected to begin in Q4, driving firmwide quarterly overseas deliveries to exceed 40,000 units.

To accelerate the commercialization of physical AI, XPENG has recently established a group-level strategic BD team, engaging with partners both domestically and overseas to bring Turing AI chips, NGP, Robotaxi and humanoid robot technologies to global markets.

About XPENG

XPENG is a leading global Physical AI company, dedicated to bringing artificial intelligence into the physical world to reshape future mobility and smart living. Through in-house R&D, XPENG has developed a full-stack Physical AI architecture spanning Turing AI chips, world foundation models, and highly integrated software and hardware applications. This unified technology foundation of XPENG powers an expansive product portfolio of smart EVs, robotaxis, and humanoid robots, advancing the deployment of Physical AI at scale. Headquartered in Guangzhou, China, XPENG is dual-primary listed on the New York Stock Exchange and the Hong Kong Stock Exchange. With global capabilities across R&D, manufacturing, sales, and services, XPENG drives continuous technological innovation and fosters an open Physical AI ecosystem, making life smarter, safer, and better for users worldwide. For more information, please visit https://www.xpeng.com/.

For media inquiries:
XPENG PR Department
Email: pr@xiaopeng.com 

Hohhot, Inner Mongolia: Converting Prairie Winds into Computing Power

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HOHHOT, CHINA – Media OutReach Newswire – 24 August 2026 – On August 22, 2026, the fourth annual Green Computing Power (Artificial Intelligence) Conference was held on the picturesque Cilechuan Grassland in Hohhot, Inner Mongolia. Centered on the theme “Building Synergy between Computing and Electricity, Exploring New Horizons in Token Economy, and Creating the Future of Artificial Intelligence Together,” the conference presented the latest research achievements, including the Green Computing Power Development Research Report (2026), and showcased pilot initiatives such as “millisecond-level urban computing” applications. Prominent companies, including ByteDance and Cambricon, signed a series of significant agreements valued at tens of billions, focusing on green intelligent computing centers and token factories.

The Horinger New District Intelligent Manufacturing Industrial Park
The Horinger New District Intelligent Manufacturing Industrial Park

Why has the national computing power industry turned its attention here? Part of the answer lies in this vast grassland.

Wind turbine blades turn steadily, each rotation generating 12 kilowatt-hours of green electricity. Instead of feeding into the public grid, this clean energy is transmitted via a dedicated 41-kilometer line directly to data centers located tens of kilometers away.

Inside the machine rooms of these centers, rows of GPU arrays operate around the clock, powered mainly by wind and solar energy.

Training large-scale AI models utilizing tens of thousands of GPUs can consume over 100 million kilowatt-hours annually. For instance, the Hohhot Intelligent Computing Center, operated by China Mobile, incurred electricity costs of approximately 290 million yuan in 2025, accounting for more than 70% of its total operating expenses. In the competition for computing power, electricity costs proved to be a decisive factor. China’s strategic response includes the “East Data West Computing” project, which redirects the high computing demand from eastern regions to resource-rich western areas. The Horinger data center cluster in Hohhot is among the country’s top ten clusters.

The city is endowed with a combination of nearly optimal conditions for the selection of data center locations. With an average annual temperature of only 7°C and over 200 days per year suitable for direct outdoor air cooling, the center achieves more than 20% savings in cooling costs. At an electricity price of about 0.36 yuan per kilowatt-hour, a large-scale GPU cluster can save around 50 million yuan annually on power expenses. Currently, Hohhot’s total computing capacity reaches 150,000 P, with green electricity usage exceeding 80%.

However, the challenge lies in the “green” aspect itself.

Wind and solar power fluctuate with weather, while computing loads require an uninterrupted 24/7 power supply.

The local solution is an innovative “computing-electricity synergy” mechanism. China Huadian Corporation constructs a 360,000-kilowatt integrated wind-solar-storage power station, comprising 300,000 kilowatts of wind, 60,000 kilowatts of photovoltaic power, and energy storage capable of continuous four-hour regulation. A collaborative control platform collects data on wind output, solar irradiance, storage status, and computing load at millisecond intervals to dynamically allocate power: when green energy is abundant, storage systems charge and delay-tolerant computing tasks are prioritized; when green energy is limited, storage discharges, the public grid supplements power, and flexible tasks are deferred. This approach transforms power generation and consumption from a unidirectional supply model to a bidirectional interactive system.

On the consumption side, initiatives to minimize waste are also in progress. The Hohhot data center operated by China Mobile recovers waste heat from nearby power plants to provide cooling for machine rooms. The B02 machine hall has improved its Power Usage Effectiveness (PUE) from 1.315 to 1.209, resulting in annual electricity savings of 560,000 kilowatt-hours since commencing operations. Upon full operation of two machine halls, annual savings are projected to reach 10 million kilowatt-hours of electricity and 150,000 tons of water.

Operational teams are actively optimizing equipment deployment.
Operational teams are actively optimizing equipment deployment.

Today, 62 computing center projects have clustered here, including data centers of China’s three major telecom operators, 16 financial institutions, and computing nodes from Huawei, ByteDance, Kuaishou, and others. Upstream, 45 manufacturing enterprises produce servers, cabinets, and sensors locally. According to the recently published three-year action plan, by 2028, Hohhot aims to establish 10 token factories capable of producing 20 trillion tokens daily. At that time, customers will procure not only cabinets and bandwidth but also directly accessible intelligent services customized to their requirements.

The prairie winds remain constant, as does the city’s commitment to converting every kilowatt-hour of green electricity into stable and reliable computing power.

Hashtag: #Hohhot

The issuer is solely responsible for the content of this announcement.

HashKey Exchange and Franklin Templeton to Bring OnChain U.S. Government Liquidity Fund to Asia

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HONG KONG, Aug. 24, 2026 /PRNewswire/ — HashKey Holdings Limited (3887.HK), a leading comprehensive digital asset company in Asia, announced that its licensed trading platform, HashKey Exchange (“HashKey”), has today announced a collaboration with established global asset manager Franklin Templeton to distribute its flagship tokenized money market fund, Franklin OnChain U.S. Government Liquidity Fund (grBENJI), to digital asset investors in Asia.

The collaboration will commence with the launch of the Franklin OnChain U.S. Government Liquidity Fund (grBENJI) on the HashKey Exchange Earn Channel on August 24, 2026. The product will provide eligible digital asset investors with access to a fund investing primarily in U.S. government money market instruments and U.S. dollar cash assets through blockchain-enabled infrastructure.

As the digital asset ecosystem continues to evolve, market participants are increasingly seeking yield-generating instruments backed by real-world assets. This collaboration represents an important step toward bridging traditional financial markets with compliant digital asset infrastructure, supporting the broader development of on-chain capital markets.

Through this collaboration, Franklin Templeton expands the reach of its tokenized fund solutions into regulated digital asset markets across Asia. For HashKey Exchange, the partnership strengthens its Earn ecosystem by introducing regulated tokenized investment products and deepening collaboration with leading global asset managers.

Combining Franklin Templeton’s decades of global investment expertise with HashKey Exchange’s regulated digital asset infrastructure, the collaboration aims to create a compliant and scalable gateway for institutional and professional investors to access tokenized financial products from established global asset managers.

Building on the launch of grBENJI, both companies will continue to explore opportunities to expand access to tokenized products across markets and asset classes, while remaining committed to advancing transparent and compliant RWA solutions.

Haiyang Ru, CEO of HashKey Exchange BG, stated: “Partnering with a global asset management leader like Franklin Templeton marks a monumental milestone for HashKey Exchange and the broader Asian digital asset landscape. By bringing the Franklin OnChain U.S. Government Liquidity Fund (grBENJI) onto our Earn channel, we are directly addressing the surging institutional demand for compliant, real-world asset (RWA) yield solutions. This collaboration bridges the gap between traditional finance and secure, regulated on-chain infrastructure, setting a new benchmark for transparency and capital market innovation across the region.”

Chetan Karkhanis, SVP, Digital Assets Client Engagement, Franklin Templeton, commented: “We are excited to launch our tokenized money market fund on the HashKey Exchange platform. Leveraging blockchain technology, the Fund provides investors with enhanced transparency, security, accessibility, speed, and cost efficiency. Launching on HashKey is a key step in broadening our reach, tapping into their rapidly expanding client base of digital-native banking and wealth platforms alongside established institutional clients, while advancing our digital assets and innovation strategy in the region.”

He added, “We look forward to deepening this partnership by expanding beyond tokenized money market funds into other tokenized products over time, leveraging HashKey’s multi-jurisdictional platform spanning Hong Kong, Singapore, Tokyo, Dubai and Bermuda.”

*This product is available to professional investors only and is not available for offering to the public in Hong Kong.

About HashKey Exchange

HashKey Exchange is a digital asset exchange under the listed company HashKey Holdings Limited (3887.HK), dedicated to setting a new benchmark for virtual asset exchanges in terms of compliance, fund protection, and platform security. Hash Blockchain Limited (HashKey Exchange) is among the first batch of licensed retail virtual asset exchanges in Hong Kong. It has received approval from the Securities and Futures Commission (SFC) of Hong Kong to operate a virtual asset trading platform under Type 1 (Dealing in Securities) and Type 7 (Providing Automated Trading Services) licenses under the Securities and Futures Ordinance, as well as a license under the Anti-Money Laundering Ordinance.

HashKey Exchange holds ISO 27001 (Information Security) and ISO 27701 (Data Privacy) management system certifications. In compliance with laws and regulations, HashKey Exchange does not offer services to users in Mainland China, the United States, or certain other jurisdictions.

HashKey Exchange Press Release and Advertising Standard Terms and Disclaimer

About Franklin Templeton
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients’ strategic goals. With deep portfolio management expertise across public and private markets, we combine investment excellence with cutting-edge technology. Since our founding in 1947, we have empowered clients through strategic partnership, forward-looking insights, and continuous innovation – providing the tools and resources to navigate change and capture opportunity.

With US$1.80 trillion in assets under management as of July 31, 2026, Franklin Templeton operates globally in more than 35 countries.

To learn more, visit https://www.franklinresources.com/all-sites and follow us on LinkedIn.

Bull Incoming: Bybit Boosts Traders’ Conviction With Extra APR BTC Earn Offering and New 200K USDT Prize Pool

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DUBAI, UAE, Aug. 24, 2026 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, joined in the BTC rally as global traders geared up for a bull market over the weekend.  BTC holds above $78,000 today following its sharpest rally of the year, up over 22% over the past week, and Bybit stands behind the traders who held their position through the ups and downs. Two limited time events have been unveiled to supercharge the latest bull run: Bull Incoming, a BTC Earn offering delivering a boosted APR, and new leaderboards for Spot and Derivatives traders on Bybit with 200,000 USDT up for grabs.

BTC surged past $75,000 on August 21 and soared above $77,000 for the first time since May, before holding in that range over the past two trading days, driven by a mix of macro and policy catalysts. Bybit’s timely offerings rewards both long-term holders of BTC and strategic traders who have demonstrated consistency and patience.

  1. Bull Incoming: From now until August 28, 2026, Bybit Earn is offering a competitive APR for its flagship fixed-term BTC Earn product, with a combined pool cap of 243.33 BTC. Individual subscriptions are limited to between 0.001 BTC and 1 BTC per user, on a first-come, first-served basis.
  2. Riding the bullish wave for a share of 200,000 USDT: Open to eligible Bybit users  trading Spot and Derivatives pairs, two new leaderboards and a brand new prize pool of up to 200,000 USDT are now available. Registration is required and enrolled participants compete on trading volume. In addition, eligible users completing daily and recurring tasks can enter into a lucky draw for a chance to win up to 100 USDT. 

For traders who held BTC through the downturn, the BTC Earn offering is a chance to be rewarded for that conviction as the market turns in their favor, helping BTC holders on Bybit put their idle BTC to work as they stay positioned for further upside. For traders looking to capture the current market momentum, the new leaderboards position them for a more impactful entry into what could be the beginning of the next bull run.

Bybit is committed to supporting its trading community in weathering downturns as well as capturing opportunities, building a New Financial Platform that rewards holders for their persistence and traders for their initiative.

For full terms, including the earn pool mechanism and eligibility criteria, users may visit: Bull Incoming? HODL BTC & Enjoy 10% APR with Bybit Earn and Crypto bull is back: Join the squeeze to earn a share of 200K USDT.

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

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AKEEYO Unveils 2026 New Generation at IBF: 711Air, 750 Series and H2 Helmet Camera

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SHENZHEN, China, Aug. 24, 2026 /PRNewswire/ — AKEEYO, a brand dedicated to two-wheel riding cameras and dashcams, will exhibit at the International Bicycle Festival (IBF) 2026, held September 4–6 at the iconic Misano World Circuit in Misano Adriatico, Italy. At Booth M7, AKEEYO will present its complete “Two Wheel Camera” lineup under the theme “Ride. Record. Relive.”

Set against one of motorsport’s most legendary venues, IBF 2026 brings together riders, industry professionals, and media from across Europe — a key opportunity for AKEEYO to meet European riders face to face and demonstrate why a purpose-built ride camera is becoming essential gear on two wheels.

AKEEYO at IBF 2026: September 4–6, Booth M7, Misano World Circuit, Italy.
AKEEYO at IBF 2026: September 4–6, Booth M7, Misano World Circuit, Italy.

Show Highlight: First Look at the 2026 New Generation

Ahead of their official launch in October–November 2026, AKEEYO will give IBF visitors an exclusive preview of its next-generation lineup:

711Air — Mass-market Recorder. An ultra-light 80g everyday camera recording 1080p 30fps with 8–10 hours of runtime — riding protection made simple and accessible.

750Lite — Long-endurance Recorder. Built for the longest days out, with up to 24 hours of continuous recording and 120-hour time-lapse capture.

750S — Performance 4K Recorder. True 4K HDR with EIS and dual-band Wi-Fi, engineered for riders who demand flagship image quality.

H2 — Helmet-view Recorder. Dual 1080p cameras capturing the rider’s true point of view, with 8–10 hours of runtime and a 3-second quick-release mount.

Current Lineup, Ready to Ride

Also on display is AKEEYO’s full current range: the flagship AKY-730Pro (Sony IMX678 sensor, true 4K 30fps, glove-friendly touchscreen, GPS, IP67), the 4K-value AKY-710Pro, the night-performance AKY-710S with Sony STARVIS sensor and F1.55 lens, and the 101g long-recording AKY-710Lite with up to 7.5 hours per charge. All models support loop recording, G-sensor auto-lock, AKEEYO App playback, OTA updates, and flexible GoPro/1/4-inch mounting.

Visit AKEEYO at IBF 2026

  • Dates: September 4–6, 2026
  • Venue: Misano World Circuit, Via Daijiro Kato, 10, Misano Adriatico (RN), Italy
  • Booth: M7
  • Hours: Fri 9:00–19:00 | Sat 10:00–19:00 | Sun 10:00–17:00

Media are welcome for hands-on demos and interviews. For dealer and distributor partnerships, please fill out this form: Link

About AKEEYO

AKEEYO designs smart, tough, ready-to-ride cameras and dashcams for cyclists and motorcyclists — helping every rider record the road, protect every journey, and relive every ride.

Website: https://bit.ly/4zulRo9

First Phosphate Files NI 43-101 Technical Report for Updated Mineral Resource Estimate for Bégin-Lamarche Igneous Phosphate Deposit

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Saguenay, Quebec – Newsfile Corp. – August 24, 2026 – First Phosphate Corp (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce that the Company has filed its updated Mineral Resource Estimate (“MRE“) Technical Report for the Bégin-Lamarche project located 50 km northwest of the City of Saguenay, Quebec, Canada (the “Deposit”).

The Technical Report titled “Technical Report and Updated Mineral Resource Estimate of The Bégin-Lamarche Phosphate Property, Saguenay – Lac Saint-Jean Region, Northern Quėbec” dated August 24, 2026, with an effective date of May 1, 2026, was prepared by P&E Mining Consultants Inc. in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and supports the disclosures made by the Company in its news release dated May 26, 2026. A full copy of the Report is available on the First Phosphate website at https://firstphosphate.com/projects/begin-lamarche-3 and can be found at SEDAR+ (www.sedarplus.ca) under the Company’s issuer profile.

MRE Highlights include:

  • The updated MRE includes a 378% increase in Indicated Mineral Resources over the Company’s Initial MRE dated September 9, 2024.
  • Measured pit-constrained Mineral Resource: 6.2 Mt @ 7.70% P2O5 (phosphate).
  • Indicated pit-constrained Mineral Resource: 198.5 Mt @ 6.00% P2O5.
  • Inferred pit-constrained Mineral Resource: 89.5 Mt @ 6.16% P2O5.
  • The Deposit remains open at depth.
  • Metallurgical test work indicates an anticipated apatite concentrate grade of 40.4% P2O5 at an 88% process recovery rate, with very low levels of potentially deleterious elements, and has been qualified for production of battery-grade phosphoric acid for lithium iron phosphate (“LFP”) battery with a conversion ratio of 91.1%.
  • The Deposit is located next to existing road and hydroelectric infrastructure and at only 70 km driving distance from the deep-sea Port of Saguenay.
  • The Deposit benefits from definitive, long-term, partially prepaid offtake from an existing, creditworthy partner.
  • Apatite (phosphorus, phosphate) is listed on the critical minerals lists of Québec, Canada, the United States and the European Union.


The Bégin-Lamarche Deposit Updated Optimized Pit Shell

Video available at: https://www.youtube.com/watch?v=4TV4WoC_Jhc&feature=youtu.be

Qualified Person
The Qualified Person, independent of the issuer, responsible for estimating the Mineral Resources of the Begin-Lamarche Property, within the meaning of NI 43-101, is Mr. Antoine Yassa, P.Geo., of the firm P&E Mining Consultants Inc. Mr. Yassa has read this press release and confirms that the scientific and technical information in this press release for accuracy and compliance with NI 43-101.

The scientific and technical disclosure for First Phosphate included in this News Release have been reviewed and approved by Steeve Lavoie, P.Geo. Mr. Lavoie is Chief Geologist of the Company and a Qualified Person under National Instrument 43-101 Standards of Disclosure of Mineral Projects (“NI 43-101”).

About First Phosphate Corp
First Phosphate (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centers, robotics, mobility, and national security. First Phosphate’s flagship Bégin-Lamarche property, located in Saguenay-Lac-Saint-Jean, Québec, Canada, represents a rare North American igneous phosphate resource producing high-purity phosphate characterized by very low levels of impurities.

For additional information, please contact:
Steeve Lavoie
Chief Geologist
Tel: +1 (418) 815-5416

Investor Relations: https://firstphosphate.com/investors
General Inquiries: https://firstphosphate.com/contact
Website: www.FirstPhosphate.com

Follow First Phosphate:
X: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate/

Forward-Looking Information and Cautionary Statements
This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; and the calculation of mineral resources at the project and the possibility of eventual economic extraction of minerals from the project. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include development and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things: that engineering and construction timetables and capital costs for the Company’s, exploration, development and expansion projects are correctly estimated and not affected by unforeseen circumstances; the ability to obtain financing for its proposed operations on acceptable terms; no material deterioration in general business and economic conditions; no material delays in obtaining permits and other approvals; no significant disruptions affecting the activities of the Company or its ability to access required project equipment and services, and operating supplies in sufficient quantities and on a timely basis; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the ability to complete the exploration and development programs consistent with the Company’s expectations; commodity price expectations including assumptions for P2O5; the Company’s relationship with local municipalities and First Nations remaining consistent with the Company’s expectations; the Company’s relationship with other third-party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. The Company does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law. All forward-looking information contained in this release is qualified by these cautionary statements.

The issuer is solely responsible for the content of this announcement.

About First Phosphate Corp.

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