J-Star Holding Co., Ltd.

Forward Looking-Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding the Company’s expectations related to its Nasdaq hearing, the continued trading of its Class A ordinary shares during the appeal process, its ability to submit and implement a plan to regain compliance with Nasdaq listing requirements, the outcome of the Nasdaq Hearings Panel review, and the Company’s strategic initiatives, including the development of its planned U.S. solid-state battery manufacturing facility. These forward-looking statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, among others, the risk that the Nasdaq Hearings Panel may not grant the Company’s request for continued listing or additional time to regain compliance, that the Company may fail to regain compliance with applicable Nasdaq listing standards, the Company’s ability to secure financing and execute its strategic initiatives, the timing and success of its planned manufacturing expansion, market conditions, regulatory developments, and the other risks described in the Company’s filings with the U.S. Securities and Exchange Commission. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date made. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.