SO W GO O D INC . N A SD A Q : SO WG A T RAN S F O R M AT IV E AC QU ISI T I O N ANCHORING TH E WEST'S BATTERY SUPPLY CHAIN A cq u i s ition o f the Nachu Grap h it e Project, on e o f the larges t h ig h - p u ri t y n a tural flak e grap h it e depos i ts outs i d e C h ina. ~US$10 7M US$ 1 .2B A L L - ST O C K C ON SI D E R A TI O N N P V 1 0 R EP O R TE D B Y RY Z ON * 51% I R R R EP O R TE D B Y RY Z ON * ~11x IMPLIE D VA L U E M U LT IPLE * A P R I L 22, 2026 / I N V EST OR P R ESE N T A TI O N *Metri c s as pub li c l y re p o rted by R yz o n und er th e JORC C o d e 2012, n o t S - K 1300; h ist o ri cal est im a tes n o t i nd e p e nd e nt l y v erifie d b y So w G oo d. Im p lied v a l u e m u l t i p le i s re p o rted N P V ₁ ₀ d i v i ded b y tr a nsac ti o n c o ns i derat i o n.

IMP O R T AN T I N F O R MA T I O N D i scl a imers & Forward - L o o k ing St a tem e nts G e n e r a l . T h is p rese n ta t ion h as b een p re p ar e d b y S o w G o od In c . (t h e “C o m p a n y”, “Sow G o o d ” or “SOWG”) solely for i n forma t ional pu r p oses in c o n n ect ion w ith t h e a n n o u n cem e n t o f its p ro p os ed acq u isition o f t h e T anza n ian s ub si diaries o f R y z o n Ma t erials Ltd (“ R y z o n ”), w hi c h together hold the N achu Gra p hite Project (t h e “Tra n sa c tio n ”). It does not c o n stitute an o f f er t o sel l o r t h e solici t a tion o f an o f f er t o bu y a n y secu r it ies, n o r s hall t h ere b e a n y sal e o f secu r ities in a n y j u r i s di c t ion in w hi c h t h e o f f er, solici t a tion o r sal e w o u ld o t h er w ise b e unla w ful prior to the registration o r qualifi c ation under the se c urities la w s o f any suc h j urisdiction. T h is comm u ni c ation is re strict e d b y la w . It is n ot inte n d ed for d istri b u tion to, or u se b y a n y p erso n in , a n y j u risdi ct ion w h ere s u c h distri b u t ion o r u se w o u ld b e c o n trary t o local la w . Th e Co n si d era tion S h ar e s to b e issu ed pursua n t t o t h e T r a n sac t ion h ave n o t b ee n a n d w ill not be registered under the U . S. Se c uri t ies Act of 1 9 3 3 , as amended (t h e “Securi t ies Act”), a n d are expected to be i ss u ed in re lia n ce o n availa b le exem pt io n s , in c ludi ng Regu la t ion S a n d/ o r S e c t ion 4(a) ( 2). In c o n n ect ion w ith t h e Acq uisitio n , t h e Co mpa n y in ten d s t o file w ith t h e U . S . S e c uri t ies a n d Ex c ha n ge C ommission (t h e “SEC”) an Informa t ion S t a t ement pursua n t to Se c tion 1 4 ( c ) of the Ex c ha n ge Act of 1 9 34 (t h e “Informa t ion S t a t ement”), in prelimi n a r y a n d de f initi v e f o r m, a n d o t h er re quired d oc u me nt s regar d in g t h e Acq uisition w ith t h e SEC . IN V ES T O R S A N D SECUR ITY HOL D ER S ARE U R GED T O READ TH E INF O RMAT I O N S T AT E M E N T , AS MAY B E AM E N D E D O R S U PPL E M E NT ED FRO M TI M E TO TI M E , A N D OTHE R RELEV A N T D O CUM E NT S FILE D B Y TH E CO M PAN Y WITH T H E SE C B ECAUS E THE Y WILL C ON T AIN IM PO R T AN T INF O RMAT I O N A BOU T T H E CO M PAN Y , TH E T AR G E T S, TH E AC Q U ISITION , A N D TH E RELAT E D R I SK S A N D RELAT E D MAT T ERS. Forw a r d - L o o ki n g S tate men t s. T h is presenta t ion c o n tains “ f or w ar d - loo k ing sta t ements” w ithin the meaning of the U .S. federal se c urities la w s. T h ese sta t emen t s are based on c u rre n t assum p t io n s a n d in c lud e s t a t em e n t s regar d in g t h e exp ected t imi n g a n d c o mple t ion o f t h e T r a n sac t io n , t h e a n t i c ip a t ed b e n e fi t s o f t h e T r a n sac t io n , t h e exp ected d evelo p me nt o f t h e N achu Pr o j ect, re c ei p t o f s t ock h ol d er a n d re gula t o ry a p p rovals, fu t u r e fina n c ial a n d o p era tio n a l p er f o r ma n c e, t h e a b ilit y t o mai n t a in t h e c u rre n t o f f ta k e agree me nt a n d secu re a d ditio n al o f f ta k e agre e me nt s , p rojec t fina n c in g, t h e a b ilit y t o c o n s tr u c t a n d o p era t e N achu w ithin es tima t ed c a p ital a n d o p era ti ng c os t p arame t er s, geo p oli t i c al ris k s in T anza n ia, a n d ris k s associa t ed w ith t h e u se o f C hin ese E PC M c o n tract o r s und er I R A/ FEO C a n d E U C RMA . Th e se s t a t em e n t s are s ub jec t t o ris k s a n d un c ert ai n t ies that c o u ld c a u se actual results to differ ma t erially. A d ditional risk factors are dis c ussed in the C ompa n y’s filings w ith the SE C, in c ludin g t h e A n nual Rep o rt o n F o rm 1 0 - K f o r t h e year en d ed D ecem ber 3 1, 2 0 2 5 . S O W G OO D IN C . / N AS D AQ: S O WG 2

IMP O R T AN T I N F O R MA T I O N D i scl a imers & Forward - L o o k ing St a tem e nts Mine r a l Est i m a tes a nd T ec h ni ca l D isc l osu r e . All mi n er al reso u rce, mi n er al re serve , p ro du c t ion, NP V 10 , I R R, capital c os t a n d o p era tin g c os t figu re s c it ed h er ein h ave b ee n d er ived f rom R y zo n ’s public dis c los u re s , in c ludi ng t h e 2 0 22 B F S Up d a t e p re p are d und er t h e JO R C Co d e 2 0 1 2, a n d c o n s titu te hist o r i c al es tima t es w it h in t h e mea nin g o f S - K 1 3 0 0 . Th ey h ave n o t b ee n ind e p e n de nt ly veri fied b y, a n d are n o t a d o p ted o r e n d o rse d b y, t h e Co mpa n y. F ollo w in g c losi n g, t h e Co mpa n y in ten ds t o c o mmission a tech ni c al re p o rt s u mmary f o r t h e Nachu Pro jec t in com p lian c e w ith S - K 1300 prepa r ed by an indepe nd ent qualified person. Investors sh ould n o t pla c e und u e relian c e o n Ry zo n ’s histori c al estimates. See “Cautionary No t e Regarding Mineral Es t ima t es” a n d “JO R C C o d e 2 0 12 vs. S - K 1 3 0 0 ” at the back of this prese n ta t ion. No n - G AA P Me a su r e s. Cert ain me trics re f ere n ced h er ein are n o t re c og n iz ed mea s u re s und er U . S . GAAP a n d may n o t b e c o mpara b le t o similarl y t itled m ea s u re s u se d b y o t h er c o mpa n ies. In vest o r s s h o u ld n o t c o n si d er s u c h mea s u re s in isola t ion o r as a s ub s titu t e f o r GAAP mea s u res. No R e p r e sent a t i on a nd W a rr a nt i e s . T h is p rese n ta tion is f o r inf o rma tional pur p os es o n ly a n d d o e s n o t pur p or t t o c o n t ain all o f t h e inf o rma tion t h at may b e re q uir e d t o e val u a t e a p ossi b le in vestme nt decision w ith res p ect t o S o w Good In c . o r a n y o f its s ub si diarie s . T h e re c ipie n t agre e s a n d ac k n owle d ges t h a t t his p rese n ta tion is n o t in ten ded t o f o rm t h e basis o f any inve s tment dec isio n by the recipient and d oe s n o t co n sti t ute finan c ial inve s tment, tax o r legal adv ic e. N o representa t ion o r w arra n t y , express o r implie d , is o r w ill be gi v en by S o w Good In c . o r a n y o f its a f filia t es, d irect o r s , o f fi cer s , em p loyee s o r a d vi s o r s o r a n y o t h er p erso n as t o t h e ac c u racy o r c o mp le te n e s s of t h e i n fo rma tion (i n c l ud i n g as t o t h e ac c u rac y , c o mple t e n ess o r re aso n a b le n ess o f s t a t em e n t s , es tima t es, targe t s , p rojec t io n s , assum p t io n s o r j u d gme nts ) in t his p r ese n ta tion o r in a n y o t h er w ri t ten, o r al o r o t h er c o mm u ni c a tion t ra n smi t ted o r o t h er w ise ma d e availa b le t o a n y p ar t y in t h e c o u rse o f its eval u a tion o f a p ossi b le in vestme nt a n d no res p o n si bilit y o r lia b ilit y w h a t so e ver is ac c e p ted f o r t h e ac c u racy o r s uffi c ie n cy t h ereo f o r f o r a n y errors, o missions o r misst a t em e n t s , n egligent o r o t h er w ise, re la t in g t h er e to . T h e re c ipie n t also ac k n owle d ges a n d agre e s t h at t h e inf o rma tion c o n t ai n ed in t his p rese n ta tion is p re limi n ary in n a tu re a n d is s ub jec t t o c ha n ge, a n d a n y s u c h c ha n ges may b e ma t er ial. S o w Good In c . dis c laims a n y du ty t o upd a t e t h e inf o rma tion c o n t ai n ed in t his p rese n ta tion. S O W G OO D IN C . / N AS D AQ: S O WG 2

T H E O PP O R T UN IT Y A US $ 1.2B N P V 10 A s set fo r ~ U S$ 1 07M in Pa p er. TH E T R ANSAC TIO N S ow Good a cqu ires 100 % o f Ry zon' s Ta n z an ian su b sidia ries, whi c h h o l d t h e N a ch u Grap h ite P ro je c t. T h e Com p a n y re p o s itions as a c ritic a l m in e rals a n d b at t ery a n ode d ev e lo p er. ST R U C T U R E S O W G OO D IN C . / N AS D AQ: S O WG 3 100% s har e p u rcha se CON SID E R ATION A UD $150M ( ~ U S$107M) FORM A l l - st oc k — S O WG co mm o n S HAR E S I S S UABLE ~ 3 34M a t U S$0 . 3209 V W A P ES C R OW A UD $15M o v e r 12 / 18 m o nths A P P ROVALS S O WG st ockho ld e r s + T a nz a nia *Per R yz o n ' s 2022 B F S Up da te und er JO R C C o d e 2012, n o t S - K 1300. H ist o ri cal est im a tes n o t i nd e p e nd e n t l y v erifie d b y So w G oo d. REP O RTE D N PV 10 / I R R US $ 1. 2 B / 51% Po s t - tax NPV ₁ ₀ p e r Ryzon 202 2 BF S U pdat e * RES OU R C E (JO RC 2012) 174 Mt at 5.4% T G C ; 9.3 Mt contain e d gra p hite MI N E LI F E 1 5 .5 y r s ~ 236 ktpa s tea dy - s tate co n c e ntr a te p e r Ryzon* C O N CE NTRAT E PU R ITY 98. 5 – 99% T GC v ia f lotation alon e , no ch e mi c al puri f ication*

T H E I N V ESTME N T CA SE Why This , Why N ow. A Rare Asset at a Rare Price Re ported p os t - tax NPV 1 0 of ~US$1.2B an d 51% IRR fo r ~US$ 1 07M o f SO WG pap e r — an ~ 1 1 x i m pli e d di f fe r e ntial if con f ir me d unde r S - K 130 0.* World - Class Geology 174 Mt JOR C 2012 r es ource at 5.4% TGC ; 98. 5 – 9 9% purity conc e ntrate through f lotation alone — a rarity globall y .* Har d - Won Permits Bank a ble Fe as i bil i ty St udy co m pl e te; Spe cial Mi ning Lice nce SM L 5 5 0 / 2 0 1 5 ; 10 - y e ar Spe c i al Econ o m ic Zone tax exem ption .* Tier - 1 EV Offtake in Place B inding o ff take r e ported w ith a T i e r - 1 E V/ E SS m an uf actur e r — corn e r s tone d em an d to be r e - con f ir me d pos t - clo s ing.* Ride the Western Supply Wa ve IR A/FEO C and EU C R M A are forc ing auto m ak e rs o f f Chi n es e - controll e d graphite. We s ter n - align ed su pply tr a de s a t s carcity v alu e . A Platform , Not a On e - Off Fo undational acqui s ition . U.S . li s ting unlocks capital f or do w ns tream an ode proc ess ing an d additional battery me tal s . *Re p o rted by R yz o n und er th e JORC C o d e 2012; h ist o ri cal est im a tes und er S - K 1300 tha t ha v e n o t b ee n i nd e p e nd e n t l y v erifie d a nd a re n o t e nd o r se d by th e C o m pany. S O W G OO D IN C . / N AS D AQ: S O WG 4

T H E VA L U E G A P S O W G OO D IN C . / N AS D AQ: S O WG 5 ~US$ 1 0 7 M In . US$ 1 .2B Rep o rted Value Out . * W H A T S O W GOOD P A Y S ~$1 0 7M A LL - ST OCK A UD$15 0M paid in SOW G com m on s tock, l es s any Ryzon ne t d e bt at compl e tion. ~334M Co ns id e ration S har e s at 1 0 - day VWA P of US$0.3209. = *I m p lied v a l u e d if f ere nt i al is b a se d o n Ryz o n’s re p o rted p o s t - tax N P V ₁ ₀ u nder JORC 2012 v s. a l l - st o ck c o n si d er at i o n. H ist o ri cal est im a tes n o t i nd e p e nd e nt l y v erifie d b y So w G o o d. A c t ual v a l u e und er S - K 1300 m ay d if f er m a teri a ll y . W H A T RYZ O N H A S REP O RTE D N AC H U I S W O RTH $1.2B P O S T - T AX N P V ₁ ₀ PE R RY Z O N' S 202 2 B F S U P DA TE * 51% 19 MO $394 M 15.5 Y R S IR R P A Y B A CK INITIA L C APE X MIN E L I FE ~11 x imp l ied mu lt iple of cons i de r a t ion i f con fi r med under S - K 1300*

I N D U ST R Y BAC K DR O P G r a p hite. T he L a rg e st M at e rial in a Battery. 25 - 30% O F L I - I O N C E LL W E I GH T is s ph e r ical g r a ph ite u sed in t h e a n o d e — t h e si n g l e la r gest com p o n ent of a L i - ion b at t e r y b y mass. CR IT I C A L MI N E R A L I N U .S., E U , UK , J A P AN , A U ST RA LIA Dominant Anode Feedstock High - purit y , large - f lake natural graphite is the pr efe rr ed feeds tock f or sphe rical graphite: su p e rior e l e ctroch e m i s try, lo w e r co s t, lo we r carbon fo otprint than s ynth e tic alt e rnati v e s . EV and ES S Demand Inflection EV and ene rgy s torage pene tration is dri v ing a m ult i - de cade de m and cur v e that exi s ting s upply cann o t m ee t. Indu s try anal y s ts pro jec t a s tructural d ef ic i t eme rging through the late 2020 s . Lowe r - Ca rb o n A lter n ati v e Natural graphite has a m at e rially low e r em bedded carb on f ootprint than s ynth e tic graphite, incr e as i ngly r e l e v ant to a uto m a k e r Sco pe 3 targ e ts an d li f e cycle r e gulation. S O W G OO D IN C . / N AS D AQ: S O WG 6

CR IT I C A L MI N E R A L ST A T U S E v ery We s tern Gover n me n t A gr e es. G r a p hite I s C rit ical. U .S. G E O L OGI C A L S U RV EY C R ITI C AL MINE R AL Natural graphite on e v e ry US G S Fin a l Lis t of Critica l Mine rals s ince 201 8 . Formall y d es ignated unde r the En e rgy Act of 202 0 . U .S. D EP T OF E N E RGY C R ITI C AL MATE R I A L Do E 2023 Cri tical Materials A s sessme nt: natural graphite li s ted a s critical in both the n e a r - term (20 2 0 – 2 0 25) an d me dium - term (202 5 – 2 0 35) horizon s . U .S. D EP T OF D EFE N SE ST R A T E G IC MATE R I A L Eli g ible f or Defens e Production Act T itle III in v estme nt s . Natural graphite is part of the National Defens e St ockpile str ategy. E U R O PE A N UN I O N ST R AT E GIC R A W MA T E R I A L C riti c al Raw Mate rials Ac t (2 0 2 4) l i s ts natural graphite a m o ng s tr a teg i c raw mate rials r e quiring di v e r s i f i ed s upply. UN ITE D K I NG D OM C R ITI C AL MINE R AL U K C riti c al Mine rals Strate gy (2 0 2 2; r ef r es hed 2 0 2 3 ) l i s ts natural graphite as a G roup 1 critical m in e ral. J A P A N / A U ST RA LIA C R ITI C AL MATE R I A L J apan ME T I Cr i tical Mine rals Strat e gy an d Aus tralia’s C riti c al Mine rals Li s t both des ignate natural graphite. S O W G OO D IN C . / N AS D AQ: S O WG 7 So u rce s : US G S Fi nal L is t o f C r i t i cal M i n er a l s (2022 ); D o E Criti cal Ma teri a l s A ssess m e n t (2023 ); U.S. D o D ; Eu r o p e an C o mmissi o n C r i t i cal R a w Ma teri a l s A ct ( 2024); UK De pa rt m e n t for B u si n ess & T r ad e; MET I J a pan ; A u str a li an G o v er n me nt.

GO V E RN ME N T A S A T A ILWI ND Wa s hin g ton Has Mov e d Fr o m Stu d ying the Pro b lem to F u n d ing the S o lut i o n . E X E C UTIVE ORD E R S 2017 EO 1381 7 Fede ral S tr a te g y on Cr i t i ca l M i ne rals Or de r e d a fe de ral st r at eg y to r e duce r e li a nce on f o r e i g n c r i t ic al m in e ra ls . 2020 EO 1395 3 T h re a t f r o m Fo reign A d v e rs a r i e s De clar e d a nati o n al eme r g e ncy o v e r r e li a nce on c r i t ic al m in e ra l s fr o m f o r e i g n a dv e r s ar i e s . 2021 E O 1401 7 Am e r i ca ’s S upp ly C ha i n s I ni t iat e d t h e 100 - day supply ch ain r e vi e w c o v e r ing c r i t ic al m in e ra l s a n d batt e r i e s . 2025 Ma rch 202 5 E O In c re a se Am e r i ca n M i ne ral P ro d uc t i o n I n v o k e d t h e De fe n se Pr o duc t i on A ct to acc e l e ra t e d o me s t ic c r i t ic al m in e ral produc t i o n . 2025 A p r i l 202 5 E O O f fs h o re Cr i t i ca l M i ne rals E x p a nd e d fe de ral supp o rt f o r unl o c k ing o f f sh o re a n d al li e d - n at i on c r i t ic al m in e ral s o urc e s . FE D E R AL CA PIT AL + T A X CR E D ITS D P A T IT L E I II De fe n se Pr o duc t i on A ct g ra n ts a n d dir e ct inv e s tme n ts i n d o me s t ic c r i t ic al m in e ral produc t i o n . Pr e c e d e nt: a U. S . n at u ral g ra p hite pro je ct r e c e iv e d a ~ U S $37.5M DPA T i t le III aw ard i n 2023. DOE L OAN P ROGR AM S O FFI C E T i t le X V II I nn o vative E n e r g y l oa n s a n d A TV M ma nufa ct u r ing l oa n s — t e n s of billi o n s i n l ow - c o st fe de ral d e bt f o r batt e ry mat e r i als pro je c t s . D E V E L O P MENT FI N AN C E CO R P ( D F C) Dir e ct e quity, l oa n s a n d insu ra n ce f o r c r i t ic al m in e ral pro je c ts o u t s ide t h e U. S. , al i g n e d w i th al li e d - n at i on supply ch ai n s . E X P OR T - I M POR T BANK + U ST DA EXIM “ C hin a a n d T ra n s f o rmat i o n al E x p or ts ” p ro g rams a n d U S TDA fea s ibili ty g ra n ts supp ort e x - Chin a c r i t ic al mi ne ra l s in fras t r uc t u r e . 45 X / 48 C T AX CR E D I T S A dvanc e d Ma n ufa ct u r ing Pr o duc t i on Cr e dit ( Se c . 45X) pays p e r - k il o g ram f o r qu al ifying c r i t ic al mat e r i al s ; 48C f o r cl e a n - e n e r g y ma nufa ct u r ing c a p ex . 30 D F E OC S OURC I N G Cl e an V e hicle Cr e dit s o u rci n g r u l e s make n o n - F EOC g ra p hite m o re val u a ble to U. S . au t o make rs — st r uc t u ra lly a d van ta g ing We st e r n - al i g n e d suppl y. Il l u str at i v e o n l y. So u rce s : F e d er al Re g ister, U.S. De pa rt m e n t o f E n er gy , U.S. De pa rt m e n t o f De fe n se , D FC , E XIM B a nk. E li g i b i l i ty o f t h e N achu P r ojec t for a ny U.S. p r o g r am is s ub jec t to app li cab le l a w and n o t a ss u re d. S O W G OO D IN C . / N AS D AQ: S O WG 8

DEMA N D - SID E MA N D A TES S o ur c ing Rules T h at F o rce E V B u yers Off China. ~70% C HINESE SH AR E OF GLO BA L N A TU RA L F L A KE G RA PHITE M I NE P R ODUC TIO N >95% C HINESE SH AR E OF GLO BA L SPHE R I CA L/CO A TED A NO D E P R O C ESSING CA P A C ITY U . S . Inflation Reduction Act Se ction 45X m an uf acturing cr e dits an d Cle an Ve hic l e Cr e dit s ourcing requir eme nt s . Foreign Entity of Co nc e rn (F E OC) pro v i s ions r es trict Chi n es e - controll e d s upply from quali f ying. E U Critical Raw M aterials Act 2030 be nch m arks: 10% do mes tic ex traction, 40% proc ess ing, 25% r e cycl i ng, an d no s ingle third country excee ding 65% of any s tr a teg i c raw mate rial. U K / Japan / Au s tralia S ou r c e: U.S . DoE , IE A , B e n ch m a rk M in er a l I n t e lli g e n c e, E u r op e a n Co mm i s si on . Per c e n t a g es a re m anag eme n t est i m a t e s f r o m p ub li c s ou r c es. S O W G OO D IN C . / N AS D AQ: S O WG 9 Ali gned critical minerals str ateg ie s an d bilat e ral partn e r s hips chan ne ling public an d pri v ate capital to w ard Wes ter n - align ed graphite and an ode pro jec t s .

S U PP LY / D E MA N D A S truct u ral Deficit — And It ' s G r owin g . F OR E C A S T FL AKE GRA PHIT E SUPPL Y D EFI CIT B a l an ce o f o p er at i o n (t o nn es) — p r o bab le and h i gh l y p r o bab le U NME T F OR E C A S T D EM AND T O 204 0 C u m u l at i v e a dd i t i o nal s upp l y re qu ired (t o nn es) S ou r c e: Ryzo n Co r po r a te Prese n t a t i o n ( S ep 2025 ) , re f ere n c i n g B e n ch m a rk M in er a l I n t e lli g e n c e. A ss u mes a v e r ag e p l an t s i ze o f 5 6 ,000 t p a an d n o re cyc li n g con tr i bu t i on . N o t i nd e p e n d e n t l y v e r i f i ed b y S o w G ood . S O W G OO D IN C . / N AS D AQ: S O WG 10

T H E A SSET Nac h u. A W o rl d - C l ass Fla k e G r a p hite Pr o ject. NACHU GRA PHIT E P R O J E C T Ruan g w a D is t r i ct , L i ndi Region, Sou t he r n T a nzania STATU S BFS COMPLETE Bank a ble Fe as i bil i ty St udy compl e ted (20 22, J ORC 201 2) ; all principal pe rmits se cur ed.* P U R IT Y 98. 5 - 99% TG C through flo tation alone — no ch emic al puri f ication .* PRO D U CT IO N ~ 236 ktpa Des igned s tea dy - s tate from 5 Mt pa ROM throughput.* P RO D U C T MIX 3 FLA K E SIZ E S Supe r J u m bo / J u m bo / Fine ( ~ 9% / 32% / 59 %).* *Metri c s p er R yz o n ' s 2022 B F S Up da te und er JORC C o d e 2012, n o t S - K 1300. H ist o ri cal est im a tes n o t i nd e p e nd e n t l y v erifie d b y So w G oo d. S O W G OO D IN C . / N AS D AQ: S O WG 11

L O CA TI O N Strate gic Acc e ss. Existing Infrastru c ture. ~2 0 km from the to w n of R uang w a ~2 2 0 km se aled/u nse aled road to the d ee p - w at e r port of Mtwara ~3 0 km² Spe cial Mi ning Lice nce SM L 550 / 2015 ten eme nt ar e a WATER + G R ID Mb wem kuru Ri ve r s upply; national grid pro xim ity (a dditional in f ra s tructure r e quir ed)* Map re p r o du ced f r o m R yz o n C o r p o r a te Prese ntat i o n , S e p te m b er 2025. *Per R yz o n pub li c d iscl o s u res; n o t i nd e p e nd e nt l y v erifie d . S O W G OO D IN C . / N AS D AQ: S O WG 12

R ES OU RC E S & R ESE R V ES *So u rce: R yz o n A S X A nn o un ce m e nts 1 F eb 2016 ( res o u rce s ) a nd 27 S e p 2022 ( reser v es), p re pa red und er JORC C o d e 2012 — n o t S - K 1300; h ist o ri cal estim a tes n o t i nd e p e nd e nt l y v erifie d b y So w G oo d. S O W G OO D IN C . / N AS D AQ: S O WG 13 1 7 4 Mt at 5.4% TG C . 4 0 - Year P o te n tial Mine L ife.* MI NERAL R ESOU RCE ORE R ESE R V ES Gra p h ite ( M t) Gra d e (% T GC) T onne s ( Mt) Cl a s s i f i ca t i o n 3 .0 4 .7 63 Measured 3 .5 5 .7 61 I n d icated 2 .9 5 .8 50 I n ferred 9.3 5.4 174 T o t a l mi ne r a l r e s ou r c e s Gra p h ite ( M t) Gra d e (% T GC) T onne s ( Mt) Cl a s s i f i ca t i o n 2 .3 4 .6 50 .5 Proved 1 .3 5 .1 25 .7 Pro b a b le 3.7 4.8 76.3 T o t a l o re r e s e rv e s Potential m ine li f e at f ull r es ource utiliz a tion p e r Ryzon; curr e nt plan 15.5 yrs a t 5 Mt p a ROM. 40 YR M e asured a nd Indicated — high cla ss i f ication co n f id e nce acro s s the global r es ource bas e . 71% Cur r e nt r es ource co ve rs only ~ 2% of p ro s p e cting li ce nce ar e a — m at e rial up s ide potential. ~2% 5.2% TG C Stea dy - s tate h e ad gra d e y e ars 2 – 12 of the 15. 5 - y e ar m ine pla n .

D IFFE R E N TI A TE D P RO C ESSI N G 9 8 .5%+ P urit y. No Chemic a l P u ri f icatio n . No chemi c al purific a tion 98.5 – 99.0% T G C c o nc e nt r ate fr o m fl otat i on alo ne — avo i d i n g HF a n d ca us t i c le ac hi ng . Lower thermal treatment <1,000 Σ C v s . tra d i t i o n al 2,000 Σ C + proc e ss e s, mat e r i al ly r e ducing e n e r g y int e nsi ty. L o wer - c a rb o n a n o d e Me ch a nic al, lo w - e n e r g y p at h way r e duc e s o p e ra t ing c o st a n d e m b e dd e d c ar b on f o ot p r in t. Chemical - free flotation to >98.5 % TG C is r a r e globa l ly — a di r ect consequence o f N achu's la r g e - fla k e , lo w - impu r i t y host geology. * Flo ws h e e t re p r oduc ed f r o m Ryzo n Co r po r a te Prese n t a t i on , S e p t e m b er 2025. * N o t i nd e p e n d e n t l y v e r i f i ed b y S o w G ood . S O W G OO D IN C . / N AS D AQ: S O WG 14

P RO D U C T ST RA TE GY T h ree Fla k e Siz e s. T h ree E n d - Mark e t Anc h ors. 9% O F OU TP U T SU P E R JUM B O ~2 3 ktpa SI Z E + 5 00 μ m , + 3 5 m esh P URI T Y u p t o 9 8 .5 % T G C KEY M A R KE T S Aero s p a c e, c om p os i t e s , nich e m arke t s 32% O F OUT P U T JUM B O ~7 5 ktpa SI Z E 300 – 500 μ m , +50 / - 35 m esh P URI T Y u p t o 9 8 .5 % T G C KEY M A R KE T S Ex p a n d a b l e g ra phi t e, c om p os i t e s , ele c t ro n ic s 59% O F OU TP U T FINE ~13 8 ktpa SI Z E s ub 3 00 μ m , - 50 me s h So u rce: R yz o n C o r p o r a te Prese ntat i o n , S e p te m b er 2025. *Re p o rted by R yz o n und er JORC 2012; n o t i nd e p e nd e n t l y v erifie d b y So w G oo d . S O W G OO D IN C . / N AS D AQ: S O WG 15 P URI T Y > 9 9% T G C KEY M A R KE T S S ph er ic al g ra phi t e fo r L i - i o n b a tt ery a no d es 98.5% AVG TG C C ON C ENT RA T E ac r oss a ll t h r ee p r oduct ca t ego r ies*

R EP O R TE D P ROJE C T E CONOMI C S P o te n tial N e a r - T e rm P a yb a c k . 5 1 % I R R .* P O ST - TA X NP V ₁₀ $1.2B at 10% di s count pe r Ryzon 2022 BF S U pdate I R R 51% Internal rate of r e turn pe r Ryzon I N IT I A L CA PE X $ 3 94M to fir s t production pe r Ryzon P A YBAC K ~ 19 mt h s . From f ir s t capital expe nditure pe r Ryzon 202 2 BF S U pdate MI N E LI F E 15.5 YR ~ 236 ktpa s tead y - s tate conc e ntr a te IF CO NFI R ME D U N D E R S - K 1300 , TH E IMPLIE D VA L UE D IFFE R ENTI AL IS SIG N IFI CANT * A l l ec o n o mi c metri cs p er R yz o n ' s 2022 B F S Up da te und er JORC C o d e 2012, n o t S - K 130 0 . S O W G OO D IN C . / N AS D AQ: S O WG 16 T R A N S A C TI O N C ON SI D E R A TI O N ~$107 M $1.2B ~11x Imp li ed v a l u e d i ffe r e n t i a l i s Ryz o n 's r e p o r ted p o s t - t a x N P V ₁ ₀ und er J O RC 2012 vs. a ll - st o c k c o n s i d e r a t i o n a t 1 0 - da y VWA P. Hi st o ri ca l est i mates n o t i nd e p e n d e n t l y ve ri f i e d ; ac t ua l v a l u e und er S - K 1300 m a y d i ffer mate ri a ll y. R EP O R TE D P O ST - T AX N PV 10 IMPLIE D M U LT IPLE

C OMM E R CI A L A N C HOR B i n d ing Tie r - 1 E V Of ftake I n Pla c e.* TIE R - 1 E V + ES S M AN UF AC TU R ER BINDING OF F TA K E Per Ry z o n , o n e o f the worl d ' s l a r g est E V ma nufa ct u rers an d a major c o nsume r o f g r aph ite fo r Li - i o n ba ttery p r o d u cti on . I F T HE O FF T AKE R E M A I N S I N E FF E CT P O S T - C L O S I N G: 1 Corner s tone re v enue v is ibility De - ri s ks Nac h u ' s c o mm erc i al via b i l i t y wi t h a con t ra c t ed dem a n d c o u nt er pa r t y. 2 Str ategic supply chain positioning Dir ect pa r t i c i p a n t in t h e n o n - Chines e ba tt ery a nod e s u p pl y c h a in. 3 Financing credibili t y Su p p o r t s projec t fin a n c in g wi t h c o n t ra c t ed deman d f r o m a g l o ba l l y rec o gni zed b u yer. 4 *Per R yz o n pub li c d iscl o s u r es. So w G oo d has n o t i nd e p e nd e n t l y v erifie d th e ter m s, c o nd i t i o n s , o r cu rre n t st atus o f t h i s o f fta ke and d o es n o t ad o p t o r e nd o r s e i t. R e - c o n firmi ng o r r e - esta b lis h i ng th e o f fta ke w il l b e a p o s t - c l o si ng p ri o ri ty. S O W G OO D IN C . / N AS D AQ: S O WG 17 P lat f orm for additional offtakes Fou n da t i o n t o pu r s u e furt h er a g reemen t s wi t h ba tt ery ma k ers a n d t ra d i n g h o u s es.

PE R MITS & FI S CA L R E G IME Mining Lice n ce + 1 0 - Year T a x E x em p tion.* U r ane x T a n z an ia L t d ( U T L ) HOL D E R OF SPE CI A L MI N I N G LI C E N C E SM L 550/2015 Ŷ Ŷ Ŷ Na ch u m in e a n d ex t ra c t i o n pl a n t wi l l ope ra t e u n de r UTL S ML 5 50 / 2015 g ra n t ed b y Tanzan i a' s M ini st ry o f M ine ra l s , 9 S ept 2 015 I nd ust ri a l m ine ra l s r o yal t y o f 3% Magn is T e chno lo g ies T a n z an ia L t d ( MT T ) HOL D E R OF SPE CI A L E CONOMIC Z ON E LI C E N C E Ŷ Ŷ Ŷ MTT wi l l c o n d u c t f urthe r prod u ct pro ce s s i n g f o r highe r p u ri t y levels 10 - year SE Z Lic ence g ra n t ed b y t h e M ini st ry o f I nd ust ry a n d T ra d e Nac h u pro ce s s i n g pl a n t wi l l ope ra t e u n de r MTT SE Z FIS C AL B ENEFIT S F OR MT T O NL Y (PE R RY ZO N)* *Per R yz o n pub li c d iscl o s u res; n o t i nd e p e nd e nt l y v erifie d . C u rre nt l y 100% o f M TT i s held v i a th e Ta r g ets; 16% st a ke i n M T T i s e x p ected t o b e g r an ted to th e G o v er n me n t o f T anzan i a as F ree C a rried I n ter est. S O W G OO D IN C . / N AS D AQ: S O WG 18 10 Y E A RS E xem ption from corporate tax, royalti e s an d w ithholding tax on di v id ends , inter es t an d r e nt O FF SHO RE Re v enue s pe r m itt ed to be paid into offs hore a ccounts A R BI T R A T ION International arbitration a v ailable f or di s pute re s olution

P A T H F O R W AR D Fr o m Signin g T o First Pr o d u ctio n . 1 A P R 2026 AN N OUN CE 2 T A R G ETE D 2026 PRO XY & APPR O VAL S 3 POS T - A PP R O VA LS CL OSIN G 4 N E A R - TE R M S - K 1300 TRS 5 MI D - TE R M O FF TAK E & FID 6 B E YOND FID CO N ST RUCTI O N & F IRS T PRO DUCTI O N 1 . AN N O U NCE S hare Pu r ch a se Ag r e eme nt si g n e d a n d d is clo se d S O W G OO D IN C . / N AS D AQ: S O WG 1 9 2 . P R OXY & A PP R OVA L S S O WG s to ck h o ld e r v o te ( N a sd aq Rule 5 6 3 5) ; Ta n za n i a re gu l atory 3 . C L OSING I ssu a nce o f C o nsid e ra t i on S har e s, s ub je ct to lock - u p / d ri bb l e - o u t 4 . S - K 130 0 T R S C o mmi s si on ind e p e nd e nt t e chnic al re p o r t su mma r y und e r S - K 1 3 0 0 5 . O F FT A KE & F ID R e - c o nfir m o f f tak e ; fi n al i z e E PCM; F i n al I n v es t me n t De ci s i on 6 . CO NST R UC TIO N & F IR S T P R ODUC TIO N E xe cute c o nst r uc t i on a n d ramp to s t e a d y - s ta t e p r o du ct i on T im el i n e is i nd i cat i v e o n l y. Th ere i s no a ss u r an ce tha t a l l c o nd i t i o ns to c l o si ng w il l b e s at isfied o r w a i v e d , o r tha t th e T r an s a c t i o n w il l b e c o m p leted o n th e term s d es c ri b ed h er ein o r a t a ll .

T R A N S A C TI O N ST R U C T U R E Key Term s of the S hare P u rc h ase Agre e me n t. ST R UC TU RE S O W GOO D INC . (NASDAQ : S O W G ) A cqu i ź res 100% T A R G E T S ( T AN Z A N I A N S UB S I D I AR I E S OF R Y Z O N ) URA NE X T AN Z AN IA LTD S p ec ial Mining Lice n c e SML 550/2015 M AG NI S TE C H N O L O GI E S TZ 100% of i ssued a nd out s tanding s har e s of the Targe ts A UD$15 0,000, 00 0 ( ~US$1 07M) SOW G com m on stoc k (Cons id e ration S har es ) ~ 334,150, 14 5 Co ns id e ration S har e s 10 - day V W AP of US$0.32 0 9; RBA AUD/USD 0.7149 Ryzon ne t de bt at co m pl e tion E scrow Share s / CVR s 33,415,014 s har e s (AUD$15 M) v ia CV Rs in t w o tranch e s (1 2 an d 18 m o) Loc k - up / dribbl e - out Per St ockhold e rs Agre eme nt at clo s ing SO WG s tockh olde r appro v al unde r Na s daq Rule 5 6 35 T anz a nian Fai r Com pe tition Comm i s s ion an d Mining Comm i s s ion Cus to m ary Clos ing Co ndition s , Re gi s tr a tion rights fo r r es ale of Co ns id e ration S har e s S p ec ial E c o n omi c Z o n e Li c e n c e KEY CO M ME R CIAL TE R M S A cquired intere s t A ggre g ate consideration Form of consideration S hares issuable Pricing Le s s S hare h older approval R egulatory approvals Other S O W G OO D IN C . / N AS D AQ: S O WG 2 9

MA N A G EME N T C OMM E N T A R Y Voices o n the Tra n sa c tion. “ T oday m arks t he be ginni n g of S o w Good’s t ransf o r m a t ion in t o a critical m in era l s and ba t ter y ano d e co m pany. T he Nachu P roje c t i s , in o u r vi ew , one of t he p r e m i e r unde v el op e d graph i t e a sset s in t he w o r l d.. . T he g l obal ba t tery su pp l y chain is at an inf le c t i o n poin t : W ester n gov ernm e n t s and au t o m ak ers are activ el y see king no n - C hi n es e s o u r c e s of ba t ter y - gra d e graph i te , and we b e l i e ve Nachu is well - po s i t i on e d t o mee t t hat d e m an d . T his is not a d iv er s ifica t i o n — it is a s tra t e gic re po s i t i o n in g. SAM GO LDB ERG C hief E x e c utive Off ice r , Sow G ood In c . “ Nachu is a t e chnica ll y e xc e p t io n al a sse t — 174 m i ll ion t onn e s of m in eral r e s o u r ce at 5.4 % T GC u n d e r t he JO R C C o d e 2012, d e l iv eri n g 98. 5 – 99 % p u r i t y conc e n tra t e t h r o ug h f l o t a t ion a l on e, w i t ho u t ch em ical p u r ifi c a t i on . T hat co m bina t i o n of s ca l e and p u r i t y is e x tr e mel y ra r e g l oba l l y. A f te r m o re t han a d e cade of d e v el op me nt w o rk.. . t he m i ss ing pi e ce wa s acc es s t o d e e p, l i q u id capi t al m arke t s and t he c r e d ibi l i t y t hat co me s w i t h a U.S. l i st ing. FRA N K P O U LL AS S O W G OO D IN C . / N AS D AQ: S O WG 21 E x e c utive C hai r man, Ryzon Mat e r ials L td

TH E C O M B INE D C O M PANY From Cons u mer Pr o du c ts to Cri tical Minerals. Primar y Focus: Nachu Graphite Adva n ce Nac h u t o ward F i n al I n ve st m ent Deci s i o n a n d c o n st r u ct i o n . Co m m i ss i o n an i n depend ent S - K 1300 t ech n i c al rep o rt s u m m ary as a nea r - t erm prio ri t y. C rit i cal Minerals Platf o rm Bu i ld a W es t er n - a l i g ne d ba tt ery m e t a l s pl a t form. E va lua t e c o mpl emen t ary a cq u i s i t i o n s in g ra phi t e, d o wn st ream a nod e pro ce s s i n g , and a djac ent cri t i c al m i n era l s . C ontinued C onsumer Se g ment S O W G OO D IN C . / N AS D AQ: S O WG 22 Cur r ent f reez e - dr i ed c an d y a n d s na ck o pe ra t i o ns c o n t i n u e as a s epara t e b us i n ess s e gm en t , m anag ed t o pr e s erve op t i o na l i t y a n d s ha reh o l d er val u e. F ollowing c lo s ing, Sow G ood' s p r ima r y fo c us w ill be advan c ing the N a c hu Proj ec t to w a r d a Fi nal Inve s tment D e c i s ion and c ons t r u c tion.

K E Y R IS K S Wh a t I nv e stors S h o u ld Weig h . Technic a l Verification All Ryzon me trics are JO R C 2012 hi s torical e s ti m at e s ; S - K 1 3 00 v e ri f i c ation by an ind epende nt quali f i ed pe r son may di f fe r m at e rially from amo unts pr ese nted. Offtake R e - Confirmation T he r e ported T i e r - 1 EV off take may r e quire r e - con f ir m ation o r re - e s tab l i s h m e nt p os t - c lo s ing . No a ss urance of acc e ptable ter ms . Closing Conditions Com pl e tion r e quir e s SOW G s tockhold e r appro v al (Nas daq Rule 56 3 5) and T anzanian r e gulatory a ppro v al s ; not all m ay be satisf i ed or w ai ve d. Tanzani a n Jurisdiction Mi ning, tax and f ore i gn in v e s t me nt la w s in T anz a nia are su b jec t to chang e ; f i s cal s tabil i ty an d S EZ benef its depend on contin ued go ve rn me nt s upport. EPCM / FEOC Exposure Ryz o n' s exi s ting EP C M he ads of agr ee m e nt are w ith a Chi n es e contr a ctor. Us e of C hin es e EPCM m ay af f e ct IRA/ F E O C an d EU CR MA el i gibilit y ; m anage me nt intends to e v aluate alt e rnati v es . Financin g & Execution Dev e lop m e nt o f Nachu w i l l r e quire s i g ni f i c ant additional capital. No as s urance of pro jec t f inancing on acc e ptable ter ms , or that con s truction wi l l mee t budge t. S O W G OO D IN C . / N AS D AQ: S O WG 23 T his is not an e xhaus tive list. F or a c omplete di s c uss ion of r is k fa c to r s , r e f er to S ow G ood' s Annual Repo r t on Fo r m 1 0 - K f or the ye ar ended D e c ember 31, 2025 and the info r matio n s tat e ment to be f iled in c onne c tio n w ith the Tr ansa c tion.

A PPE N DIX Cautio n ary Note Regar d ing Min e ral E stimates. G e n e ral . Th is p r ese n t a t ion c o n t ai n s r ef e r e n ce s t o mi n e ral r es o u r c e a n d mi n e ral r eser v e est i m a tes , ec o n omi c a n alys es , a n d o t h e r t ec hn i c al in format ion p r e p a r e d b y Ryzon Mate rials L t d (“Ryzo n ”) und e r t h e A u s t ralasian Co d e for R e p or t ing of Explo r a t ion Re s u l t s, Min e ral Re so u r ce s a n d O re Re serv e s ( t h e “ J O RC Co d e 2012”). Th e J O RC C o d e 2012 is in t e r n a t io n ally r ec ogni ze d bu t d i ff e rs mate rial l y from S ubp a r t 229.1300 of Re gula t ion S - K (“S - K 1300”), t h e d is c los u re st a nd a r d a ppl i c a b le t o Sow Good as an S EC r e g ist ra n t . Hi s t o r i ca l E s timat es. Th e min e ral r es o u r c e a n d mi n e ral r eser v e es t i m a tes , ec o n omi c me t ri c s (i n c lu d ing NP V 10 , IRR, a n d c a p i t al a n d o p e ra t ing c o s t es t ima t es) , p ro du c t ion p ro fi l e s , a n d o t h e r t ec hn i c al d a t a r ef e r e n ce d in t h is p r e se n t a t ion h ave b ee n d e riv e d fr o m t h e 20 2 2 B F S U pd a t e and o t h e r publ i c ly av ai l able dis c losu r e s p r e p ar e d b y Ryzo n . Th e s e e s t i m a te s c on s t i t u t e h is t o r i c al e s t i m a te s w i t hin t h e m e aning of S - K 1 3 0 0 and h ave no t b ee n v e r i f i e d b y a qu ali f i e d p e r s on r e t ai n e d b y Sow Goo d . Acc or d ing l y, t h es e est i m a te s s h o u ld n ot b e r e l i e d up on as if p r e p a r e d in comp l ia n c e w i t h S - K 1300. I n v es t o r Ca u ti o n s. Re a d e rs a r e c a u t io n e d t h at (a ) mi n e ral r es o u r ce s a r e n ot mi n e ral r eser v e s a n d d o n ot h a v e d emo n st ra te d ec o n omi c viab i li ty ; ( b ) t h e re is n o ce r t ai n t y t h at all or a n y p a r t of t h e min e ral r es o u r ce s w i l l b e c o n v e r t e d t o mi n e ral r eser v es ; (c ) t h e e c o n omi c a n alysis c o n t ai n e d in t h e 2022 BF S U pd a t e may in c lu d e in f e rr e d mi n e ral r es o u r ce s t h at a r e t oo s p ec u la t ive ge ologi c ally t o h a v e t h e e c o n omi c c o n si d e ra t io n s a ppl i e d t o t h em t h at w o u ld e n a b le t h em t o b e c a te go r i ze d as mi n e ral r eser v es ; a n d ( d ) t h e es t i m a te s a n d ec o n omi c m et ri c s p r ese n t e d h e r e in may d i ff e r mate rial l y f r om t h e es t i m a te s t h at w i l l b e r e qu ir e d t o b e in c lu d e d in Sow Goo d ’s S EC fi lings fo l lo w ing c losing of t h e T ra n s a c t io n . P o s t - Cl o s in g R e medi a t i o n . F o l lo w ing c losing, Sow Good in t e nd s t o com m ission an S - K 130 0 - comp l ia n t t ec hn i c al r e p ort s u m m a r y f or t h e Nac h u P r o je ct , t o b e p r e p a r e d b y an in d e p e nd e n t qu ali f i e d p e r s o n , a n d t o fil e s u c h r e p ort w i t h t h e S EC as r e qu ir e d . U n t il s u c h t i me , inv est ors s h o u ld n ot p la c e undu e r e l ia n c e on t h e h is t ori c al est i m a te s a n d t ec hn i c a l i n format ion r ef e r e n ce d h e r e in. No A d o pti o n o r E nd o r se ment . F or t h e avoida n c e of d o ub t , t h e Compa n y d o e s n ot a d o p t , e nd or se , or make a n y r e p r ese n t a t ion or w a r ra n t y as t o t h e a cc u ra c y, c o m p l et e n ess , or r e l ia bi li t y of a n y mi n e ral r es o u r c e or mi n e ral r eser v e est i m a te , ec o n omi c a n alysis, p ro du c t ion p ro fi l e , o ff t ake a r ra n g e m e n t , or o t h e r t ec hn i c al or com me r c ial in format ion p r e p a r e d o r r e p or t e d b y Ryzon or i t s c o n s u l t a n t s . A ll s u c h in format ion r ef e r e n ce d in t h is p r ese n t a t ion h as b ee n d e rived from publ i c ly a v aila b le d is c los u r e s b y Ryzon a n d is p rovid e d s ol e ly f or t h e pu r p o s e of g i ving inv est ors c o n t ex t r e gar d ing t h e T ra n s a c t io n . S O W G OO D IN C . / N AS D AQ: S O WG 24

S A PPE N DIX JORC Code 20 1 2 vs. S - K 1 3 0 0 . Th e JOR C Co d e 2012 is a n inter na ti o na l l y rec o gn i z ed rep o rting c o d e r eq u ired fo r A u s tr a l ia n - l i s t e d c o mp an ies. As a n S E C reg i s tr a nt, S o w Go o d is req u ired to rep o rt mineral resource an d mi n er a l rese r ve i n for m a tion in com p l ian ce with S - K 1300. Th e two reg i mes d if f er in sever a l mate r i a l respe c ts. S - K 130 0 J ORC C od e 201 2 Top ic Sim ilar cat e gories but w ith d i f fe r e nt t h r es holds a n d quali f ying crit e ria M e asured, Indicated, In fe rr e d (R e s ourc es) ; Pro v e d, Proba b le (R e se r v es ) — di s ti n ct d ef initions Cl as s i f ication crit e ria Pre s crib e d T e chnical R e port S u mm ary (T RS) f il e d a s an ex hibit; quali f i e d - p e r s on atte s tation Com p e tent Per s on S tat eme nt s ; J OR C T a b l es ; no pr es crib e d r e port f or m at T e chnical report s u mm ary Pre s crib e d com m odit y - pric i ng m e t h odology (ge n e rally hi s torical 2 4 - m onth a ve rag e ) Vari o us acc e ptable m e t h odologi e s ( hi s torical, f or w ard) Comm odity p ric i ng Ge n e rally excl ud e d; if i n clu d e d r e quir e s ex t e n s i v e ca u tionary la n guage and se n s iti v ity a n al y s is Per m itt e d und e r c e rtain conditions In fe rr e d r es ourc e s in e co n o m ics Q u ali f i e d Per s on u nd e r S - K 1300 — di f fe r e nt e li g ibil i ty crit e ria o d e 2012 an d S - K 1300 i n f u l l f o r a c o mp l ete und e r st a nd i ng . Com p e tent Per s on u nd e r J ORC a c o mp l ete d es c ri p t i o n o f t h e d i ffe r e nc e s b etween t h e two st anda r d s. I n vest o r s s h o u l d r efer to t h e J O RC C Q u ali f i e d / Com p e tent Per s on T h e t ab l e ab o ve i s a s u m m a r y o n l y an d i s n o t O W G OO D IN C . / N AS D AQ: S O WG 25

SO W GOOD INC. LET'S BUILD TH E WESTERN SUPPLY CHAIN. NA S D AQ: SOWG B u il din g a Wes t er n - al i g n ed critic a l mine r al s a n d b a ttery suppl y c h ain.. CO NT A CT Sa m Goldberg Ch ief Ex ec u tive Off i c er, S o w Go o d In c . sg o l d b erg @ s o w g oo d i n c . c o m / www .s owg oo d i n c. c o m A P R I L 22, 2026