Verde Resources extends exclusive U.S. license negotiation with Ergon to Sept 2025

VERDE RESOURCES, INC.

Addendum to MOU signed Aug 29, 2025; original 90-day deadline from May 30, 2025 was missed.
Parties reaffirm commitment to finalize exclusive U.S. license agreement within September 2025.
All other terms of the May 30, 2025 MOU remain unchanged and in effect.
Verde Renewables (subsidiary) and Ergon Asphalt & Emulsions are the parties.

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