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Karnalyte Resources Inc. Audit Report / Information 2025

Jan 7, 2026

46675_rns_2026-01-07_2de45dd3-8274-4ef3-890a-647583657698.pdf

Audit Report / Information

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MARCH

CERTIFICATE OF QUALIFIED PERSON

Kyle Krushelniski, P.Eng.
March Consulting Associates, Inc
100-446 2nd Avenue North
Saskatoon, Saskatchewan, Canada, S7K 2C3

I, Kyle Krushelniski, P.Eng., PMP, am employed as a Senior Project Manager with March Consulting Associates, Inc.

This certificate applies to the technical report titled "NI 43-101 Technical Report on the Feasibility Study of the Wynyard Project, Saskatchewan, Canada" with an effective date November 26, 2025 (the "Technical Report").

I am registered as a Professional Engineer with The Association of Professional Engineers and Geoscientists of Saskatchewan. I graduated with a Bachelor of Science degree in Agriculture and Bioresource Engineering in 1996 from the University of Saskatchewan.

I have practiced my profession for 29 years. Since 2006 I have been involved with studies and design of industrial mining projects including potash production in Saskatchewan. I have managed pilot testing and wellfield design for K+S Potash Canada and managed maintenance and capital projects at most of Saskatchewan's potash producers. I have participated in due diligence reviews for international potash projects in Loas and Argentina. I have engaged in numerous value engineering programs including the economic evaluation of project alternatives. I have advised multiple management teams on project alternatives including implementation planning.

As a result of my experience and qualifications, I am a Qualified Person as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101), for those sections of the Technical Report that I am responsible for preparing.

I have not visited the Wynyard property.

I am responsible for Sections 1.1, 1.2, 1.7, 1.14, 1.19, 1.20.3, 1.21.3, 1.22; Section 2; Section 3.4; Section 12.7, 12.8.6; Section 19; Sections 25.9, 25.14.3, 25.15.3; Section 26.1, 26.3, 26.5; Section 27 of the Technical Report.

I am independent of Karnalyte Resources Inc. as independence is described by Section 1.5 of NI 43-101.

I have had no previous involvement with the Wynyard property.

I have read NI 43-101, and the sections of the Technical Report that I am responsible for have been prepared in compliance with that Instrument.

As of the effective date of the Technical Report, to the best of my knowledge, information and belief, the sections of the Technical Report for which I am responsible for preparing contain all scientific and technical information that is required to be disclosed to make those sections of the Technical Report not misleading.

"signed and stamped"

Kyle Krushelniski, P.Eng.
Dated: December 23, 2025