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DEFSEC Technologies Inc. 
Listed Company 

BULLETIN V2025-1885

DEFSEC TECHNOLOGIES INC. ("DFSC") ("DFSC.WT.U")
[formerly KWESST Micro Systems Inc. ("KWE")] ("KWE.WT.U")
BULLETIN TYPE: Name Change
BULLETIN DATE: June 26, 2025
TSX Venture Tier 2 Company

Pursuant to a resolution passed by directors on June 16, 2025, the Company has changed its name as follows: DEFSEC Technologies Inc. There is no consolidation of capital.

Effective at the opening on Monday, June 30, 2025, the common shares of DEFSEC Technologies Inc. will commence trading on TSX Venture Exchange and the common shares of KWESST Micro Systems Inc. will be delisted. The Company is classified as a 'Technology' company.

Capitalization: unlimited shares with no par value of which
667,707 common shares are issued and outstanding
Escrow: Nil shares

Transfer Agent: TSX Trust Company
Trading Symbol: DFSC (NEW)
CUSIP Number: 244778106 (NEW)

Common share purchase warrants ("Warrants") set to expire on December 9, 2027
Trading Symbol: DFSC.WT.U (NEW)
CUSIP Number: 244778114 (NEW)

There are no changes to the terms of the Warrants.
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