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Traction Uranium Corp. Board/Management Information 2025

Dec 5, 2025

48057_rns_2025-12-05_c4845db2-dafd-456c-838a-3cd21b89da34.pdf

Board/Management Information

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FORM 51-102F3
MATERIAL CHANGE REPORT

Item 1 Name and Address of Company
Traction Uranium Corp. (the “Company”)

1515, 505 3 Street SW

Calgary, Alberta,
T2P 3E6 Canada

Item 2 Date of Material Change
December 4, 2025

Item 3 News Release
The Company disseminated a news release announcing the material change described herein through the news dissemination services of Globe Newswire on December 4, 2025, and a copy was subsequently filed on SEDAR+.

Item 4 Summary of Material Change
The Company announced the appointment of Dr. Jared Suchan as Director and Chief Executive Officer of the Company.

Item 5 Full Description of Material Change

5.1 Full Description of Material Change
The Company announced the appointment of Dr. Jared Suchan as Director and Chief Executive Officer of the Company. Dr. Suchan’s appointment follows the resignation of Paul Gorman as Director and Chief Executive Officer of the Company.

5.2 Disclosure for Restructuring Transactions
Not applicable.

Item 6 Reliance on Subsection 7.1(2) of National Instrument 51-102
Not applicable.

Item 7 Omitted Information
Not applicable.

Item 8 Executive Officer
For further information, please contact Jared Suchan, Chief Executive Officer of the Company, at (604) 425-2271 or via email to [email protected].

Item 9 Date of Report
December 5, 2025