extractX Ltd. Announces Change of Auditor

extractX Ltd. Announces Change of Auditor

Niagara, ON December 1, 2025

extractX Ltd. (“the Company”) Announces Change of its auditors. In accordance with section 4.11 of National Instrument 51-102 Continuous Disclosure Obligations (“NI51-102”) the Audit Committee and the Board of Directors of extractX Ltd. (“the Company), hereby provide notices that Jones & O’Connell LLP has, at the request of the Company, resigned as the Company’s auditor effective November 25, 2025, and the Board of Directors of the Company have subsequently appointed SHIM & Associates LLP as the successive auditor.

The company extends its sincere appreciation to Jones & O’Connell LLP, Chartered Professional Accountants and, for their professional services and contributions as extractX Ltd.’s previous auditors and wishes them continued success in the future.

About extractX Ltd.

extractX designs, builds, and supports the operation of industrial-scale, self-contained mobile extraction laboratories equipped with the most effective and reliable technology. Designed for 24/7 efficiency and unlimited scalability, our labs meet the demands of operations of any size. Built to GPP, GMP, and EU GMP standards, extractX delivers purpose-built mobile extraction solutions—providing biomass cultivators and producers with on-site, on-demand service anywhere in the world.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and 21E of the Exchange Act of 1934. Such statements include, without limitation, statements regarding business and financing, business trends and future operating revenues and expenses. Statements regarding the aforementioned are based on several assumptions and are not to be considered fact. Although extractX Ltd. believes that the statements are reasonable, it can give no assurances that such expectation will prove to be correct. Investors are cautioned that any forward-looking statements made by extractX Ltd. contain no guarantee of future performance and that actual results may differ materially from those set forth in the forward-looking statements. For additional information see the reports filed by the company in its securities filings with applicable securities regulators (currently available at www.sedar.com).

Unless otherwise required by applicable securities laws, extractX Ltd. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

For further information

Albert Iannantuono, CEO
extractX Ltd.
129 Hagar Street, Unit 4 Suite 600
Welland, Ontario, L3B 5V9
Tel: (905) 327-5313
Web site: www.extractx.com