EIFO Drawdown

GreenRoc Strategic Materials Plc (AIM: GROC), a company focused on the development of critical mineral projects in Greenland, is pleased to announce that it has drawn down a third tranche of loan funding amounting to €2,000,000 (circa £1.7m) from the Export and Investment Fund of Denmark ("EIFO") to cover operational costs related to the development of the Amitsoq Graphite Deposit and Active Anode Materials ("AAM") pilot plant.

EIFO Draw-down; Use of Funds

The funds have been drawn down pursuant to the convertible loan agreement between EIFO and GreenRoc (the "Agreement") announced by the Company on 22 October 2025 and will be utilised for the following items of the work programme:

Amitsoq Graphite Deposit

• Completion of pre-test work at SGS Lakefield, Canada on a 300kg subsample from the 18t bulk sample collected underground at Amitsoq in fall 2025
• Initial 50% payment for processing of full 18t bulk sample
• Phase III drilling programme and associated logistics and contractors
• Geotechnical consultancy by SLR
• On-site visit by SLR consultants and Competent Person/Chartered Geologist Dr. John Arthur
• Near-coast bathymetry survey
• Surveying of drill collars and underground historic mine workings

AAM Pilot Plant

• Hydrofluoric acid ("HF")-free purification optimisation test work
• Installation of vents for fume scrubber and ovens
• Payment for purification line

EIFO Loan Facility

Details of the Agreement were set out in the Company's announcement on 22 October 2025. This drawdown follows the first drawdown in December 2025 of €848,175, and the second drawdown of €1,050,000 in March 2026. Following this, €1,301,825 remains to be drawn and is anticipated to cover the full 2026 work programme including corporate costs for the period. The entirety of the 2026 work programme will include Phase III drilling, processing of the full 18t bulk graphite ore sample, and construction and initial operation of the AAM pilot plant in Denmark. It is also planned that the Amitsoq Mine Prefeasibility Study will be initiated by the end of the year.

According to the Agreement, the EIFO loan is not repayable or convertible into GreenRoc shares until December 2030, being five years from the first drawdown.

The Company will hold a webinar to discuss recent progress and developments with CEO Stefan Bernstein. This will be hosted live via the Company's website on Friday 26 June 2026 at 12:00 BST. Both existing and prospective investors are invited to submit their questions in advance. Sign up for the webinar and submit your questions for the management team here:

GreenRoc's CEO, Stefan Bernstein, commented:

"This latest drawdown from EIFO is another important step in advancing our 2026 work programme at Amitsoq and our AAM pilot plant in Denmark. EIFO's continued support enables us to progress key technical, drilling and processing activities while preserving shareholder value through non-dilutive funding. We look forward to updating investors further on our progress during today's webinar."