Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) Pulsar Appoints Ranzini to Board & PDMR Dealings

PULSAR HELIUM APPOINTS STEPHEN LANGE RANZINI TO THE BOARD OF DIRECTORS AND AS DEPUTY CHAIR AND PDMR DEALINGS

Pulsar Helium Inc. (AIM: PLSR, TSXV: PLSR, OTCQB: PSRHF) a primary helium company, is pleased to announce the appointment of Stephen Lange Ranzini to its Board of Directors as Deputy Chair, effective March 16, 2026.

Mr. Ranzini is the President & CEO of University Bancorp, Inc. (OTCQB: UNIB) (“UNIB“) and its wholly owned subsidiary, University Bank in Ann Arbor, Michigan, a position he has held since 1988 following the acquisition of the bank by UNIB. Under his leadership, the institution has expanded from a single-office community bank into a diversified financial services organization offering a range of banking, lending, insurance and asset management services.

Mr. Ranzini has over four decades of experience in financial services and corporate governance. Throughout his career, he has served on numerous corporate, industry and non-profit boards, including leadership roles as chair or vice-chair of several organizations. His experience also includes venture investment, international trade finance, asset backed lending, foreign exchange and economic development.  UNIB currently has a total of over $36 billion in Assets Under Management for over 185,000 customers across the U.S.

Mr. Ranzini will serve as Deputy Chair of the Board and will also participate on certain Board committees, to be determined.

Neil Herbert, Chair of Pulsar, commented:

“We are delighted to welcome Stephen Lange Ranzini to Pulsar Helium as Non-Executive Deputy Chairman. Stephen brings deep U.S. financial market expertise, extensive institutional relationships, and a highly accomplished leadership record. As CEO of University Bank, he has overseen its development into one of the top-performing banks in the United States, demonstrating a consistent ability to build resilient institutions and create long-term shareholder value.

Stephen’s appointment represents an important strengthening of Pulsar’s senior leadership in the United States as we continue to build out a top-tier American leadership bench to support the development of our projects and capital markets profile. His experience at the highest levels of the U.S. financial system, including his appointment by the Federal Reserve to its Secure Payments Steering Committee and long-standing role within the Federal Reserve’s Remittance Coalition, reflects the caliber of insight and network he brings to the Company.

Stephen’s strategic perspective and experience across banking, capital markets and financial infrastructure will provide valuable guidance as Pulsar continues advancing its assets and positioning the Company to deliver long-term value for shareholders.“

Stephen Lange Ranzini, Deputy Chair of Pulsar, commented:

“I am pleased to join the Board of Pulsar, which has discovered a significant occurrence of Helium-4 and Helium-3 in Minnesota’s Iron Range (see Company’s press release dated October 1, 2025). Qatar accounts for approximately a third of global helium production, with exports reliant on shipping routes through the Strait of Hormuz. Ongoing hostilities in the region have highlighted the vulnerability of global helium supply chains. In this context, I believe that assisting Pulsar to complete the exploration program at its Topaz Project to quantify the size of the discovery and preparations for potential development of the Topaz Project into production as quickly as possible is now a national economic and national security imperative. Because of this, I have decided to add my effort to advise Pulsar’s very qualified team of experts to try to accelerate their work.“

Thomas Abraham-James, President & CEO of Pulsar, commented:

“We are very pleased to welcome Stephen to the Pulsar Board as Deputy Chair. UNIB has already demonstrated strong support for Pulsar, holding approximately 4.99% of the Company’s issued share capital, providing a US$4 million line of credit to support development activities at our Topaz project, and expressing its intention to potentially finance up to US$12.5 million for a helium processing facility. Stephen’s appointment further strengthens Pulsar’s positioning in the United States, where our flagship Topaz helium project is located, and we look forward to benefiting from his extensive financial services and governance experience as we advance the project.“

PDMR Transaction Notification

In accordance with Article 19 of the UK Market Abuse Regulation, Thomas Abraham-James, President, CEO and Director of Pulsar Helium Inc., notifies that on March 16, 2026, he sold 1,452,538 common shares of the Company (ISIN: CA7459321039) (“Common Shares“) off-market to University Bancorp, Inc. (OTCQB: UNIB), represented by Stephen Lange Ranzini. The transaction was effected to restore UNIB’s holding to approximately 4.99% of the Company’s issued share capital, following dilution of its position as a result of the Company’s fundraise completed on February 27, 2026. The consideration comprises a first payment of US$1.00 per share (US$1,452,538 in aggregate) payable on the transaction date, and a deferred second payment of up to US$0.35 per share (maximum US$508,388) payable in September 2026, linked to the 20-day VWAP of the Common Shares on the TSX Venture Exchange as at 15 September 2026. Maximum aggregate consideration is US$1.35 per share (US$1,960,926 in aggregate). Following this transaction, Thomas Abraham-James retains beneficial ownership of 10,881,916 Common Shares, representing approximately 6.0% of the Company’s issued share capital. A further notification will be made following determination of the Second Payment in September 2026.

The PDMR notification form below sets additional information.

Further information on Stephen Ranzini’s appointment

Stephen Lange Ranzini (aged 60) holds, or has held, the following directorships or partnerships within the past five years:

Mr. Ranzini was a director of Crescent Corporate Services Ltd from March 2007 to March 2016 and served as Chairman from July 2010 to March 2016. In August 2013, an examiner was appointed to assess the company’s financial position, and in February 2016 liquidators were appointed. Crescent Corporate Services Ltd was subsequently dissolved in 2022. Whilst no official records could be identified, Mr. Ranzini understands that there was shortfall to creditors of less than US$100,000.

Mr. Ranzini, together with his wife and children, holds a direct interest in 260,097 Common Shares. Mr. Ranzini also has indirect interests in Pulsar through University Bancorp Inc., and Jove Corporation. Mr. Ranzini has a beneficial interest of 18.18% (with voting control over 35.16%) in University Bancorp Inc., which will be interested in 9,035,435 Common Shares, representing 4.99% of Pulsar’s share capital on completion of the share purchase detailed in this announcement. Mr. Ranzini holds a 43% interest in Jove Corporation, which is interested in 230,300 Common Shares, representing 0.13% of Pulsar’s share capital. Additionally, Mr. Ranzini has investment authority, but no beneficial ownership or voting rights control, over 1,648,000 Common Shares, representing 0.91% of Pulsar’s share capital, held by Rory Ballard.

Save as disclosed above, there are no further disclosures to be made in accordance with Rule 17 and Schedule Two (g) of the AIM Rules for Companies in respect of the appointment of Stephen Ranzini.

On behalf of Pulsar Helium Inc.

“Thomas Abraham-James”

President, CEO and Director

Further Information:

Pulsar Helium Inc.

connect@pulsarhelium.com

+ 1 (218) 203-5301 (USA/Canada)

+44 (0) 2033 55 9889 (United Kingdom)

https://pulsarhelium.com

https://ca.linkedin.com/company/pulsar-helium-inc.

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