Arctic Minerals AB (publ) ("Arctic Minerals" or the "Company") is pleased to announce the addition of experienced international financial sector advisor, Pierre Olsson, to the Company's Advisory Committee.

Pierre Olsson has over 25 years' experience in the international financial sector in Switzerland, Australia and Luxembourg. He was previously the global head of risk management for UBS Wealth Planning based in Switzerland and has held various senior roles with Credit Suisse and EY advising Scandinavian high net worth individuals and investment funds.

Mr Olsson has extensive experience in providing expert guidance on financing, investments, and risk management to companies and investment funds globally. He works closely with boards, advisory committees and company owners to ensure their financial and legal needs are met to support sustainable growth.

Arctic Minerals' Executive Director, Peter George, commented:

"I am very pleased that Arctic Minerals has been able to attract an international financial sector expert of Pierre Olsson's caliber to join the Company's Advisory Committee. Pierre's business advisory skills and well established networks within the Nordic and European investment communities will be invaluable to Arctic Minerals as we continue to systematically demonstrate the full potential and value of the Hennes Bay copper-silver project in Sweden."

In addition to Pierre Olsson, Arctic Minerals' Advisory Committee comprises Lars-Eric Aaro, Duncan Large, Jonas Lindholm, and Erik Lundstam. All are prominent, highly experienced, and well-regarded businessmen and/or technical experts with extensive resources sector, and broader industry, networks in Europe and the Nordics in particular.

The Advisory Committee has substantially strengthened Arctic Minerals' position in the Nordics, with the members' collective corporate, technical and operating expertise plus extensive business and government networks greatly assisting the Company as it focuses on rapidly advancing the flagship Hennes Bay project in Sweden.

Certified Advisor

UB Corporate Finance Oy, of Helsinki, Finland, (www.unitedbankers.fi) is the Company's Certified Advisor on Nasdaq First North Growth Market, Stockholm.

Other

The Company's shares are listed on Nasdaq First North Growth Market, Stockholm under the trade designation "ARCT".

For further information

see the Company's website at www.arcticminerals.seor contact:

Risto Pietilä, CEO

(+35) 840 029 3217

risto.pietila@arcticminerals.se

Peter George, Executive Director

peter.george@arcticminerals.se

About Arctic Minerals

Arctic Minerals is a mineral exploration and development company exploring for copper, gold and critical minerals in the Nordics (Sweden, Norway and Finland). Stay up to date with the latest developments for Arctic Minerals via the Company's social media at X, Facebook, LinkedIn, Instagram and YouTube.

The information was submitted for publication, through the agency of the contact person set out above, at 10.00 a.m. CEST on 18 August 2025.

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