Genesis Acquisition Corp. — M&A Activity 2026

Apr 15, 2026

Docusign Envelope ID: 0FB64B21-F272-476C-A758-0D0E2333EA50

January 14, 2026

STRICTLY PRIVATE AND CONFIDENTIAL

Genesis Acquisition Corp. 1072 Collinson Crt Kelowna, BC V1W 0C3

Attention: Blair Wilson, CEO

Dear Sir:

Re: Amendment to Business Combination Agreement

Reference is made to the Business Combination Agreement between Nusa Nickel Corp. (“Nusa”), Genesis Acquisition Corp. (“Genesis”) and 1001421961 Ontario Inc., (“Subco” and, together with Nusa and Genesis, the “Parties”) effective as of November 21, 2025 (the “BCA”). All capitalized terms used herein without definition shall have the meanings ascribed thereto in the BCA.

WHEREAS as of the date hereof, Nusa anticipates that additional time beyond the periods specified in the BCA may be required in respect of delivering the Nusa Technical Report; and

WHEREAS the Parties acknowledge that Section 8.01(g) of the Business Combination Agreement provides that either Party may terminate the Agreement if the Business Combination has not been completed on or before February 28, 2026, and the Parties wish to extend such date to June 30, 2026;

NOW THEREFORE the Parties hereby covenant and agree as follows:

1. except as specifically amended herein, all other terms of the BCA remain in full force and effect unamended as of the date hereof;
2. the reference in Section 8.01(d) of the Business Combination Agreement to “January 15, 2026” is deleted and replaced with “January 30, 2026”; and
3. the reference in Section 8.01(g) of the Business Combination Agreement to “February 28, 2026” is deleted and replaced with “June 30, 2026”.

This amending agreement may be executed in any number of counterparts, which taken together shall form one and the same agreement, and may be executed and delivered by facsimile or in PDF format via email transmission, which shall be binding on the parties as though originally executed and delivered.

This letter agreement shall be governed by and construed in accordance with the laws of the Province of British Columbia and the federal laws of Canada applicable therein.

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Docusign Envelope ID: 0FB64B21-F272-476C-A758-0D0E2333EA50

Each of the Parties has executed this Amendment as of the date first written above.

NUSA NICKEL CORP.

By: Signed by: Brandon Colwell 863DB63F2B86469 Name: Brandon Colwell Title: Director

GENESIS ACQUISITION CORP.

By: Signed by: Blair Wilson A3874F52863E4AE ...ilson Title: Chief Executive Officer

1001421961 ONTARIO INC.

By: Signed by: Blair Wilson A3874F52863E4AE ...on Title: Director