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Karnalyte Resources Inc. — Audit Report / Information 2025
Jan 7, 2026
46675_rns_2026-01-07_7db0cab7-6243-46c9-80a1-e729a4f9762f.pdf
Audit Report / Information
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CERTIFICATE OF QUALIFIED PERSON
David Myers, P.Eng.
Wood Canada Limited
Innovation Place, 121 Research Drive, #301
Saskatoon, Saskatchewan, Canada, S7N 1K2
I, David Myers, P.Eng., am employed as a Technical Director Mining and Minerals (Saskatoon) with Wood Canada Limited.
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 Engineering in 1991 from the University of Saskatchewan. I obtained a Master of Science degree in Engineering in 2000 from the University of Saskatchewan and a Masters of Project Management degree in 2013 from Pennsylvania University.
I have practiced my profession for 34 years. For 29 years I practiced in the mining and minerals industry primarily in Saskatchewan and Manitoba. My relevant project experience includes engineering and cost estimating positions for surface and underground projects in potash mines in Saskatchewan, and major projects including the $2.8 billion Rocanville West expansion for Nutrien and the $4.1 billion Bethune mine for K+S Potash Canada. For these projects I had engineering management responsibility for surface infrastructure and capital cost estimation for initial project costs and change management estimating.
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 visited the Wynyard property on June 25, 2025.
I am responsible for Sections 1.1-1.3, 1.7, 1.13, 1.15-1.19, 1.21.4; Sections 2-4; Sections 12.6, 12.8.5; Section 18; Section 20; Sections 21.1-21.4; Section 22; Section 24; Sections 25.1, 25.2, 25.8, 25.10-25.13, 25.15.4; Section 26.4 and 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"
David Myers, P.Eng.
Dated: December 23, 2025