EarthLabs adopts new equity plan allowing up to 10% stock options and restricted share units issuance.

EarthLabs Inc. announced the adoption of a new Equity Compensation Plan approved by shareholders on June 25, 2026. The 2026 Plan replaces previous stock option and restricted share unit plans, allowing issuance of stock options equal to 10% of outstanding shares and 14,108,242 restricted share units, also about 10% of shares. Existing stock options remain valid under the new plan, which awaits final approval from the TSX Venture Exchange. This plan aims to enhance employee and stakeholder incentives through equity participation.