Ameriwest Critical Metals Inc. — Regulatory Filings 2026

May 22, 2026

FORM 51-102F3
MATERIAL CHANGE REPORT

Item 1: Name and Address of Company
Ameriwest Critical Metals Inc. (the “Company”)
Suite 306, 1110 Hamilton Street
Vancouver, BC V6B 2S2

Item 2: Date of Material Change
May 19, 2026

Item 3: News Release
A news release dated May 20, 2026 was disseminated via Accesswire and subsequently filed on SEDAR+.

Item 4: Summary of Material Change
On May 19, 2026, the Company granted an aggregate of 1,525,000 stock options (each, a “Stock Option”) to various directors, officers and consultants of the Company in accordance with the provisions of the Company’s stock option plan (the “Plan”).

Item 5: Full Description of Material Change
Each Stock Option vests immediately and is exercisable into one common share of the Company (each, a “Share”) at a price of $0.40 per Share until May 19, 2031. The Stock Options are subject to the terms of the Plan and the policies of the Canadian Securities Exchange.

Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102
N/A

Item 7: Omitted Information
N/A

Item 8: Executive Officer
David Watkinson, CEO and a Director
530.271.0679 ext 101
info@ameriwestcriticalmetals.com

Item 9: Date of Report
May 21, 2026