Global mining and laboratory services leader brings two decades of commercial leadership to Paragon.

Toronto, Ontario–(Newsfile Corp. – August 6, 2026) – Paragon Advanced Labs Inc. (TSXV: PALS) (“Paragon” or the “Company”), a leading provider of advanced analytical technologies and laboratory services for the global mining industry, is pleased to announce the appointment of John Pizimolas as Chief Commercial Officer, effective August 24, 2026.

Mr. Pizimolas is a globally recognised mining and laboratory services executive with more than twenty years of commercial leadership experience across the testing, inspection and certification (TIC) and mining technology sectors. He has built strategic partnerships, commercialised innovative technologies and driven sustainable growth. As Chief Commercial Officer, he will lead Paragon’s commercial strategy, customer engagement and business development, with responsibility for expanding strategic partnerships, market presence and service offerings.

Mr. Pizimolas has held senior leadership roles with SGS, ALS, Bureau Veritas, and more recently at Chrysos Corporation and Veracio. As Vice President, Global Growth at Chrysos Corporation (ASX: C79), he helped develop strategic commercial partnerships with many of the world’s leading laboratory organisations and mining companies. Earlier in his career, he established ALS Limited’s global mine-site laboratory business before serving as Vice President, Minerals Southeast Asia and Pacific at SGS. He is a Fellow and Chartered Professional of the Australasian Institute of Mining and Metallurgy (FAusIMM CP) and holds a Bachelor of Engineering (Metallurgical Engineering) from the University of South Australia.

“John is an accomplished commercial leader whose experience aligns directly with Paragon’s long-term growth strategy,” said Peter Shippen, Chief Executive Officer of Paragon. “He has built partnerships with many of the world’s leading laboratory organizations, mining companies and engineering firms, and has a proven track record of turning technical capability into commercial success. As we expand our laboratory network and service offering, John’s international experience, commercial leadership and global relationships will strengthen our executive team and accelerate Paragon’s next phase of growth.”

“The mining industry is demanding more from its laboratory partners than ever before,” said Mr. Pizimolas. “Paragon has built a differentiated, independent laboratory business with a strong foundation for growth. The future of laboratory services extends well beyond the delivery of accurate assay results. By investing in our people and combining analytical excellence, technical expertise, innovative technologies and close customer collaboration, we can help clients unlock greater value from laboratory data and make better technical, operational and commercial decisions. That’s the type of business we’re building, and I believe we have an outstanding opportunity to set a new standard for what customers should expect from a modern laboratory services partner.”

Mr. Pizimolas will join the Company’s executive leadership team and report directly to the Chief Executive Officer.

About Paragon Advanced Labs Inc.

Paragon Advanced Labs Inc. provides innovative analytical technologies to the global mining industry. By embracing new technology, the Company is addressing critical capacity bottlenecks in mineral assaying through the deployment of PhotonAssay™ technology and complementary analytical solutions. The Company delivers faster, more accurate, and cost-effective mineral analysis for mining operators worldwide.

ON BEHALF OF THE BOARD OF DIRECTORS OF PARAGON ADVANCED LABS INC.

Peter Shippen
Chief Executive Officer and Director
Paragon Advanced Labs Inc.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking statements are based on expectations, estimates and projections as of the date of this news release and are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements in this release may include, but are not limited to, statements regarding the Company’s plans, business objectives, strategy, financial or operational performance, exploration or development programs, future market conditions, and other future events or conditions.

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