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Canadian Chrome : Annual Information Form – Financial Year Ended December 31, 2024 & 2025
Canadian Chrome : Annual Information Form – Financial Year Ended December 31, 2024 &

About this update from Canadian Chrome Company Inc.
T HE C AN ADI AN CH RO M E C O M P ANY I NC . formerly KWG Resources Inc. (An exploration stage company) M ANAG E ME N T ' S D ISC U SS ION A N D A N A LYSIS For the Year Ended December 31, 2025 This Management's Discussion and Analysis (the "MD&A") should be read in conjunction with the 2025 annual and the interim quarterly financial statements for The Canadian Chrome Company Inc., formerly KWG Resources Inc. ("TCCC", "KWG" or the "Company") all of which are available on the System for Electronic Document Analysis and Retrieval (`SEDAR+`) and can be accessed through the internet at https://www.sedarplus.ca. Date This MD&A for the year ended December 31, 2025, is dated as of April 29, 2026. Company Overview The Canadian Chrome Company Inc. (CSE: CACR and CACR.A), formerly KWG Resources Inc., is an exploration stage company focussed on the acquisition of interests in, and the exploration, evaluation and development of, large-scale mineral deposits of chromite and other base metals and minerals. The Company is participating in and consolidating the acquisition, delineation and development of large-scale mineral deposits, including chromite deposits, approximately 280 km north of Nakina, in the James Bay Lowlands of Northern Ontario, including 1,024 hectares covered by four unpatented mining claims which contain the Black Horse chromite deposit (the "Koper Lake Project") and 1,241 hectares covered by seven unpatented mining claims which contain the Big Daddy chromite deposit (the "Big Daddy Project"). These deposits are globally significant sources of chromite which may be reduced into metalized iron and chrome or refined into ferrochrome, a principal ingredient in the manufacture of stainless steel. The Company has been active in exploring the James Bay Lowlands since 1993 and discovered diamond-bearing kimberlite pipes near Attawapiskat and five pipes near the Ring of Fire area in 1994. This led to the discovery of the McFaulds Lake copper-zinc volcanogenic sulphide deposits in 2002, which precipitated a staking rush that defined the "Ring of Fire". Bold Ventures Inc. ("Bold") entered into an option agreement with Fancamp Exploration Ltd. ("Fancamp") entitling Bold to acquire up to 100% of the Koper Lake Project. Through a subsequent option agreement (the "Option Agreement") with Bold, the Company obtained the right to acquire: (i) up to an 80% ...
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