FGR accelerates USA expansion & defence sector exposure with strategic acquisition of MITO® Material Solutions

Highlights FGR enters binding agreement to acquire all assets, intellectual property, product lines and manufacturing capabilities of USA-based MITO ® Material Solutions, Inc. Strategic acquisition expands FGR's product portfolio into high-value functionalised graphene technologies Significantly strengthens FGR's exposure to rapidly emerging USA defence and aerospace opportunities involving graphene enhanced technologies Delivers immediate USA revenues and a substantial growth pipeline with >25 clients in late-stage testing across various sectors Establishes a direct-to-market commercial platform in the USA Combined with FGR's existing PureGRAPH ® technologies, this acquisition creates one of the broadest and most advanced graphene product portfolios globally SYDNEY, June 3, 2026 /PRNewswire/ -- First Graphene Limited (ASX: FGR; "First Graphene" or "the Company") (FRA:M11) (OTCQB:FGPHF) is pleased to announce that it has entered a binding Sale Agreement ("Agreement") to acquire all product lines, manufacturing equipment and intellectual property of MITO® Material Solutions, Inc ("MITO"). Importantly, the acquisition will expand First Graphene's capability to functionalise graphite, graphene and graphene oxide — increasingly important materials used across a broad range of commercial and defence applications to enhance the performance of advanced material additives.