Report of Considerations Paid to Management

Edison Motors Ltd. 2025 Quarterly Report of Considerations paid to Management and Related Parties

Merritt, British Columbia, July 1, 2025 - we are pleased to provide to our security holders a quarterly summary of the total considerations paid to Management and Related Parties for Q1 2025. This information is provided for your information and our efforts in transparency as recommended by the British Columbia Securities Commission, who has neither reviewed or approved this information. The consideration amounts below reflect those proposed in our March 20, 2024 notice letter. We are preparing our 2024 audited annual financial statements and will endeavor to notify you when they are posted on our website.

Please don’t hesitate to contact us should you have any questions or concerns. We very much appreciate your continued support.

Regards,

Eric Little Co-Founder, CEO

Quarterly Period Q1 2025 Q2 2025 Q3 2025 Q4 2025 YTD 2025

Chace Barber Gross Wages ($CAD) $18,326 $18,472 - - $36,798

Eric Little Gross Wages ($CAD) $17,577 $17,896 - - $35,473

Wendy Barber Rent (for Operations Land and Office space paid to Chace’s Mother ($CAD) $17,040 - - - $17,040

Totals ($CAD) $52,943 $36,368 - - $89,311

Notes: 1. Gross wages expressed are inclusive of vacation pay 2. Gross Wages expressed are not inclusive of British Columbia workers compensation expenses (1.39% rate)