Plaid Technologies Announces Definitive Graphene Supply Agreement, Marketing Agreement and Private Placement

About this update from Plaid Technologies Inc

(via TheNewswire)Vancouver, British Columbia –TheNewswire -April 28, 2026— Plaid Technologies Inc.(CSE: STIF) (OTC: STIFF) (FRA: 5QX0)(“Plaid” or the “Company”)is pleased to announce that it has entered into a definitive supply agreement (the “Definitive Agreement”) with a European-based producer and supplier of high-quality graphene.The Definitive Agreement has a term of 24 months and provides Plaid with expanded access to graphene under the following tiered pricing structure (all amounts in Canadian dollars):Up to $4,000,000 at $90 per gram; An additional $6,000,000 at $85 per gram; and A further $10,000,000 at $80 per gram. Consideration under the Definitive Agreement may be satisfied in cash, common shares of the Company, or a combination thereof, at the Company’s discretion. Any issuance of common shares pursuant to theDefinitive Agreement will be subject to approval of the Canadian Securities Exchange, if required, and compliance with applicable securities laws.The Definitive Agreement builds on a prior supply arrangement pursuant to which the Company purchased approximately $1,140,000 of graphene at $130 per gram. The revised pricing reflects increased scale and the ongoing commercial relationship between the parties.Graphene is a key input in Plaid’s advanced materials platform, including its graphene-enhanced cement and related technologies.While graphene is a foundational input, the value of the Company’s products is primarily driven by its proprietary formulations and processing technologies. The Company believes the commercial value of its graphene-enhanced applications may significantly exceed the cost of the underlying graphene input.The Company believes a defined supply arrangement supports its progress toward commercialization by improving supply chain stability, cost visibility, and scalability.Guy Bourgeois, Chief Executive Officer of Plaid, commented:“This agreement strengthens our supply chain and improves our cost structure as we advance our graphene-based technologies toward commercialization. We believe this secured source of high-quality graphene provides Plaid with a competitive edge in a rapidly expanding marketplace.”Marketing AgreementThe Company also announces that it has entered into an agreement with Machai Capital Inc. (“Machai”) dated April 24, 2026, pursuant to which Machai will provide marketing, advertisi...

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