OCUMETICS TECHNOLOGY CORP. — Share Issue/Capital Change 2025

Oct 15, 2025

FORM 51-102F3

MATERIAL CHANGE REPORT

ITEM 1 Name and Address of Company:

OCUMETICS TECHNOLOGY CORP. (the “Corporation”)

1250, 639 – 5th Avenue SW

Calgary, Alberta T2P 0M9

ITEM 2 Date of Material Change:

October 15, 2025

ITEM 3 News Release:

The news release was distributed on October 15, 2025 and filed on SEDAR on October 15, 2025.

ITEM 4 Summary of Material Change:

The Corporation announced the issuance of stock options.

ITEM 5 Full Description of Material Change:

The Corporation announced that it had issued 732,000 incentive stock options to its directors. Each option entitles the holder to purchase one common share in the capital of the Corporation at an exercise price per common share of $1.16 for a period of five years, vesting immediately.

The stock options are not transferrable. The common shares issued upon exercise of the stock options will be subject to a four-month resale restriction from the date of grant.

ITEM 6 Reliance on subsection 7.1(2) or (3) of National Instrument 51-102:

Not Applicable.

ITEM 7 Omitted Information:

Not Applicable.

ITEM 8 Executive Officer:

Further information relating to this Material Change Report may be obtained from:

Roger Jewett, Chief Financial Officer

Telephone: (403) 650-7718

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ITEM 9
Date of Report:

October 15, 2025

The foregoing accurately discloses the material change referred to in this report.

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