FORM 51-102F3

MATERIAL CHANGE REPORT

Item 1: Name and Address of Company

Apex Critical Metals Corp. ("Apex" or the "Company")

Suite 1450, 789 West Pender Street

Vancouver, BC V6C 1H2

Item 2: Date of Material Change

March 25, 2026

Item 3: News Release

A news release dated March 25, 2026 was disseminated and subsequently filed on SEDAR+.

Item 4: Summary of Material Change

The Company announced the appointment of Mr. Zayn Kalyan to its Board of Directors, effective immediately.

Item 5 Full Description of Material Change

The Company announced the appointment of Mr. Zayn Kalyan to its Board of Directors, effective immediately.

Mr. Kalyan is an experienced business development executive with a strong background in capital markets and corporate growth. He currently serves as Chief Executive Officer and Director of Scorpio Gold Corporation, where he has led the strategic restructuring and transformation of the company. Under his leadership, Scorpio Gold has been rebuilt from a distressed junior mining company into a rapidly growing gold exploration company. Mr. Kalyan began his career as a software engineer, developing startup technology companies from the ground up before transitioning into finance. Since 2014, he has served in senior management roles and on the boards of multiple public companies, bringing expertise in corporate strategy, capital formation, and scaling early-stage businesses into publicly traded growth platforms.

Item 6: Reliance on subsection 7.1(2) of National Instrument 51-102

N/A

Item 7: Omitted Information

N/A

Item 8: Executive Officer

Sean Charland, CEO and a Director
604.681.1568
info@apexcriticalmetals.com

Item 9: Date of Report

March 30, 2026