Saguenay, Québec - Newsfile Corp. - September 1, 2026 - First Phosphate Corp (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) ("First Phosphate" or the "Company") is pleased to report the voting results for the Company's Annual General and Special Meeting of Shareholders (the "Meeting") held on August 28, 2026. Voting Results Detailed voting results of the election of the Company's board of directors (the "Board") are set out below:

Nominee	Votes For	% For	Votes Withheld	% Withheld
John Passalacqua	65,681,593	99.52%	317,515	0.48%
Laurence W. Zeifman	63,839,049	96.73%	2,160,059	3.27%
Bennett Kurtz	65,673,958	99.51%	325,150	0.49%
Peter Nicholson	65,691,489	99.53%	307,619	0.47%
Peter Kent	64,335,301	97.48%	1,663,807	2.52%

All nominees, as set forth in the Company's Management Information Circular dated July 29, 2026 (the "Circular"), were elected as directors of First Phosphate at the Meeting. At the Meeting, shareholders also approved: (1) the number of directors to be fixed at five, (2) the appointment of Davidson & Company LLP as auditor of the Company for the ensuing year and authorizing the Board to fix the remuneration of the auditor, (3) the Company's advance notice policy (the "Policy"); and (4) the re-approval of the Company's omnibus equity incentive plan, all as more particularly described in the Circular.

Matter	Votes For	% For	Votes Against - Withheld	% Against - Withheld
Number of directors	65,594,446	99.39%	404,662	0.61%
Appointment of auditors	64,206,061	97.28%	1,793,047	2.72%
Advance Notice Policy	64,112,942	97.14%	1,886,166	2.86%
Re-Approve Equity Incentive Plan	63,654,831	96.45%	2,344,277	3.55%

For further information regarding the matters considered at the Meeting, readers are encouraged to review the Circular, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca). Increase in Shareholder Base The Company is pleased to announce that its shareholders on record for the 2026 Meeting increased by 861% over the 2025 Meeting. The total registered shareholders reported are based on the registrar of the Company's transfer agent plus beneficial shareholders reported by Broadridge.

AGM Record Date	Shareholders
2026	12,501
2025	1,301
2024	861
2023	800
2022	307

The Company believes that this increase in shareholders represents a positive sign of maturation in the Company's corporate development, one that can be attributed to successful financings, management's commitment to results, and a broader understanding and appreciation of the Company's vision, initiatives and opportunities, among both retail and institutional investors. Advance Notice Policy The Board has, effective immediately, adopted the Policy which, among other things, and subject to certain exceptions, sets forth a procedure requiring advance notice to the Company by any shareholder who intends to nominate any person for election as director of the Company at a meeting of shareholders at which directors are to be elected. For additional details, please consult the full text of the Policy included in the Circular. The Board believes that the Policy provides a clear and transparent process for all shareholders to follow, if they intend to nominate directors, by providing a reasonable time frame for shareholders to notify the Company of their intention to nominate directors and requiring shareholders to disclose information concerning proposed nominees that is mandated by applicable securities laws. The Policy enables the Board to evaluate the proposed nominees' qualifications and suitability as directors and respond as appropriate in the best interests of the Company. About First Phosphate Corp First Phosphate (NASDAQ: PHOS) (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral exploration and development and clean technology company dedicated to building and reshoring a vertically integrated mine-to-market supply chain for the production of LFP batteries in North America. Target markets include energy storage, data centers, robotics, mobility, and national security. First Phosphate's flagship Bégin-Lamarche property, located in Saguenay-Lac-Saint-Jean, Québec,...