Braille Energy closes $300,000 private placement

Mr. Lindsay Weatherdon reports BRAILLE ENERGY SYSTEMS INC. ANNOUNCES CLOSING OF NON-BROKERED PRIVATE PLACEMENT AND LOAN CONVERSION Braille Energy Systems Inc. has closed a non-brokered private placement of six million units of the company at a price of five cents per unit for aggregate gross proceeds to the company of $300,000. Each unit consists of one common share in the capital of the company and one non-transferable common share purchase warrant of the company. Each whole warrant will entitle the holder thereof to acquire one common share at an exercise price per common share of eight cents for a period of 24 months from the closing of the offering. If at any time after the four-month hold period noted below, the trading price of the Braille Energy Systems shares on the TSX Venture Exchange is equal to or exceeds 20 cents for 10 consecutive trading days, as evidenced by the price at the close of market, the expiry date may be accelerated by the company providing notice to the holders of the warrants and, upon receipt of such notice, the holders shall have 30 days to exercise the warrants. The company paid a finder's fee of $10,200 cash and issued 204,000 warrants. Each broker warrant will entitle the finder to acquire one common share at an exercise price per common share of 10 cents for a period of 24 months from the date of issuance. The broker warrants are subject to the warrant accelerator. The offering is subject to certain conditions, including the final approval of the TSX-V. The units were sold in Ontario and British Columbia on a private placement basis to accredited investors and directors of the company to the accredited investor exemption or other available and agreed-upon exemptions from prospectus requirements. The units, including all underlying securities thereof, have a hold period of four months and one day from the date of issue. Insiders of the company subscribed for up to two million units for aggregate gross proceeds of $100,000. The offering is exempt from the formal valuation and minority shareholder approval requirements of Multilateral Instrument 61-101 as neither the fair market value of securities being issued to insiders nor the consideration being paid by insiders will exceed 25 per cent of the company's market capitalization. The company also today announced that, on Oct. 27, 2025, chief executive officer and director Lindsay Weatherdon initiated the conversion of his $150,000 loan to the company into equity consisting of three million units at a price of five cents per unit, with each unit consisting of one common share and one common share purchase warrant with an exercise price of eight cents per share for a period of two years. The issued shares are subject to a hold period that expires Feb. 28, 2026. This transaction remains subject to regulatory or TSX-V approval. About Braille Energy Systems Inc. Braille Energy Systems is a public holding company that is focused on commercializing battery technologies and energy storage systems around the world. Through its Electrafy energy management platform and Braille Battery high-performance products, the company delivers scalable, reliable and sustainable solutions for residential, fleet, defence, aerospace and industrial markets. Braille Energy Systems holds an 89.95-per-cent equity interest in Braille Holdings Inc., which holds 100-per-cent equity interest in Braille Battery Inc. We seek Safe Harbor.