Adonis Minerals — Board/Management Information 2026

Jan 2, 2026

Form 51-102F3
Material Change Report

Item 1
Name and Address of Company
Adonis Minerals Corp. (the "Company")
Suite 830-999 West Broadway
Vancouver, BC, V5Z 1K5

Item 2
Date of Material Change
January 2, 2026

Item 3
News Release
A news release was disseminated on January 2, 2026 through the facilities of Stockwatch.

Item 4
Summary of Material Change
Tyler Friesen has been appointed as CFO and Corporate Secretary, replacing Alan Tam, who concurrently resigned as a director, CFO and Corporate Secretary.

Item 5
Full Description of Material Change
See above.

Item 6
Reliance on subsection 7.1(2) or (3) of National Instrument 51-102
This Report is not being filed on a confidential basis in reliance on subsection 7.1(2) or (3) of National Instrument 51-102.

Item 7
Omitted Information
No information has been omitted on the basis that it is confidential information.

Item 8
Executive Officer
Gordon Lam, CEO is knowledgeable about the material change and the Report and may be contacted (778) 288.6893.

Item 9
Date of Report
January 2, 2026