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GMG Achieves Major Commercial Milestone - THERMAL-XR(R) to be Distributed Through Australian Beijer Ref and Kirby Network

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Graphene Manufacturing Group (OTCQX: GMGMF) announced that Beijer Ref will offer GMG's proprietary THERMAL-XR® ENHANCE heat-transfer coating as an optional coating on Beijer Patton and Kirby Guardian evaporator coils across approximately 73 wholesale locations in Australia, with roll-out starting 17 November 2025.

The program uses GMG-certified HVAC contractors trained in the GMG SPRAY ACADEMY and allows on-site or approved spray-plant application. The agreement is bilateral between Beijer Ref and GMG, is for an indeterminate period, and may be terminated by either party. The initiative aims to improve corrosion resistance, cooling efficiency, and energy/emission reductions while leveraging Beijer Ref's extensive distribution network in Australia.

Graphene Manufacturing Group (OTCQX: GMGMF) ha annunciato che Beijer Ref offrirà lo speciale rivestimento termico proprietario THERMAL-XR® ENHANCE per il trasferimento di calore come rivestimento opzionale sui bobine di evaporatori Beijer Patton e Kirby Guardian in circa 73 sedi all'ingrosso in Australia, con roll-out a partire dal 17 novembre 2025.

Il programma utilizza appaltatori HVAC certificati GMG formati nel GMG SPRAY ACADEMY e permette l'applicazione in loco o in uno spray-plant approvato. L'accordo è bilaterale tra Beijer Ref e GMG, ha durata indeterminata, e può essere terminato da entrambe le parti. L'iniziativa mira a migliorare la resistenza alla corrosione, l'efficienza di raffreddamento e la riduzione di energia/emissioni, sfruttando la vasta rete di distribuzione di Beijer Ref in Australia.

Graphene Manufacturing Group (OTCQX: GMGMF) anunció que Beijer Ref ofrecerá la exclusiva capa propietaria de transferencia de calor THERMAL-XR® ENHANCE como recubrimiento opcional en los bobinadoras de evaporadores Beijer Patton y Kirby Guardian en aproximadamente 73 ubicaciones mayoristas en Australia, con implementación que comenzará el 17 de noviembre de 2025.

El programa utiliza contratistas HVAC certificados por GMG entrenados en la GMG SPRAY ACADEMY y permite la aplicación en el sitio o en una planta de pulverización aprobada. El acuerdo es bilateral entre Beijer Ref y GMG, es por un periodo indeterminado, y puede ser rescindido por cualquiera de las partes. La iniciativa busca mejorar la resistencia a la corrosión, la eficiencia de enfriamiento y la reducción de energía/emisiones, aprovechando la amplia red de distribución de Beijer Ref en Australia.

Graphene Manufacturing Group (OTCQX: GMGMF)가 Beijer Ref가 GMG의 독점 열전달 코팅인 THERMAL-XR® ENHANCE를 Beijer Patton 및 Kirby Guardian 증발기 코일에 선택적 코팅으로 제공하되, 호주 내 약 73 개 도매 지점에서 판매될 예정이며, 롤아웃은 2025년 11월 17일에 시작됩니다.

이 프로그램은 GMG 인증 HVAC 시공업체를 활용하며 GMG SPRAY ACADEMY에서 교육을 받고 현장 적용 또는 승인된 스프레이 플랜트 적용이 가능하다. 이 계약은 Beijer Ref와 GMG 간의 양자관계이며 기간은 불특정이며 어느 당사자에 의해서도 해지될 수 있다. 이 이니셔티브는 부식 저항성, 냉각 효율성, 에너지/배출 감소를 개선하는 것을 목표로 하며, 호주의 Beijer Ref의 광범위한 유통 네트워크를 활용합니다.

Graphene Manufacturing Group (OTCQX: GMGMF) a annoncé que Beijer Ref proposera le revêtement exclusif propriétaire de transfert de chaleur THERMAL-XR® ENHANCE comme revêtement optionnel sur les bobines d'évaporateurs Beijer Patton et Kirby Guardian dans environ 73 points de vente en gros en Australie, avec un déploiement qui débutera le 17 novembre 2025.

Le programme utilise des entrepreneurs HVAC certifiés GMG formés à la GMG SPRAY ACADEMY et permet une application sur site ou dans une usine de pulvérisation approuvée. L'accord est bilatéral entre Beijer Ref et GMG, de durée indéterminée, et peut être résilié par l'une ou l'autre partie. L'initiative vise à améliorer la résistance à la corrosion, l'efficacité de refroidissement et les réductions d'énergie/émissions, tout en tirant parti du vaste réseau de distribution de Beijer Ref en Australie.

Graphene Manufacturing Group (OTCQX: GMGMF) kündigte an, dass Beijer Ref die firmeneigene THERMAL-XR® ENHANCE Wärmeübertragungsschicht als optionale Beschichtung auf Beijer Patton- und Kirby Guardian-Dampfer-Spulen in etwa 73 Großhandelsstandorten in Australien anbieten wird, wobei die Einführung am 17. November 2025 beginnt.

Das Programm verwendet GMG-zertifizierte HVAC-Vertragspartner, die in der GMG SPRAY ACADEMY geschult sind, und ermöglicht die Anwendung vor Ort oder in einer genehmigten Spritzanlage. Die Vereinbarung ist beidseitig zwischen Beijer Ref und GMG, hat eine unbestimmte Laufzeit und kann von jeder Partei gekündigt werden. Die Initiative zielt darauf ab, Korrosionsbeständigkeit, Kühlleistung und Energie-/ Emissionsreduktionen zu verbessern, während das umfangreiche Vertriebsnetz von Beijer Ref in Australien genutzt wird.

Graphene Manufacturing Group (OTCQX: GMGMF) أعلنت أن Beijer Ref ستعرض طبقة انتقال حرارة ملكية خاصة بشركة GMG THERMAL-XR® ENHANCE كطبقة اختيارية على لفائف مبخر Beijer Patton و Kirby Guardian في نحو 73 موقع بيع بالجملة في أستراليا، مع بدء التنفيذ في 17 نوفمبر 2025.

البرنامج يستخدم مقاولين HVAC معتمدين من GMG مدربين في GMG SPRAY ACADEMY ويسمح بالتطبيق في الموقع أو في مصنع رش معتمد. الاتفاقية ثنائية بين Beijer Ref و GMG، لمدة غير محدودة، ويمكن لأي طرف إنهاؤها. تهدف المبادرة إلى تحسين مقاومة التآكل وكفاءة التبريد وتقليل استهلاك الطاقة/الانبعاثات مع الاستفادة من شبكة توزيع Beijer Ref الواسعة في أستراليا.

Graphene Manufacturing Group (OTCQX: GMGMF)宣布 Beijer Ref 将作为可选涂层,在 Beijer Patton 与 Kirby Guardian 蒸发器线圈上,提供 GMG 的专有 THERMAL-XR® ENHANCE 热传导涂层,覆盖大约 73 个澳大利亚的批发点,预计于 2025 年 11 月 17 日 启动推出。

该计划使用经过 GMG 认证的 HVAC 承包商,接受 GMG SPRAY ACADEMY 培训,可现场应用或在获批的喷涂工厂进行涂覆。该协议在 Beijer Ref 与 GMG 之间双向签署,期限不确定,任一方均可终止。该举措旨在提高耐腐蚀性、冷却效率以及能源/排放的降低,同时利用 Beijer Ref 在澳大利亚的广泛分销网络。

Positive
  • Distribution available at ~73 Beijer Ref and Kirby wholesale locations in Australia
  • Roll-out launch date set for 17 November 2025
  • Uses GMG-certified contractors via the GMG SPRAY ACADEMY for consistent application
Negative
  • Agreement term is indeterminate and terminable by either party at any time
  • No committed volumes, revenue, pricing, or financial terms disclosed
  • Initial coating roll-out limited to capital cities on mainland Australia

Brisbane, Australia--(Newsfile Corp. - October 28, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce that Beijer Ref has agreed to offer the Company's proprietary THERMAL-XR® ENHANCE heat transfer coating as an optional coating solution on Beijer Ref and Kirby branded refrigeration evaporator coils, including the Beijer Patton and Kirby Guardian lines as seen in Figure 1, across all of Beijer Ref's and Kirby's approximately 73 wholesale locations in Australia starting from 17 November 2025. Beijer Ref customers electing to have the optional coating solution applied to their Beijer Ref or Kirby refrigeration evaporator coils will contract directly with Beijer Ref, who will enter into a bilateral agreement with the Company, subject to GMG's standard terms and conditions. This collaboration marks a significant milestone in GMG's commercialization of its innovative coating products for energy efficiency and corrosion resistance in the HVAC-R industry.

Cannot view this image? Visit: https://images.newsfilecorp.com/files/8082/272201_gmg_figure1_550.jpg

Figure 1: Beijer Patton Evaporator Coil and Kirby Guardian Evaporator Coil

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/8082/272201_gmg_figure1_550.jpg

While the collaboration is for an indeterminate period, the Company anticipates that as the advantages of THERMAL-XR® ENHANCE are experienced by customers electing to have the coating applied, the benefits to both Beijer Ref and the Company will support a long-term arrangement. However, at present either party may terminate the collaboration at any time.

Beijer Ref is one of the world's largest global refrigeration and HVAC wholesalers, headquartered in Malmö, Sweden, with operations spanning more than 40 countries and over 500 branches worldwide, 6,000 employees and 200,000 customers. In Australia, Beijer Ref Group distributes through Kirby, Beijer Ref Australia, SCM REF Australia, and ACD Trade, providing air conditioning and refrigeration equipment, components, and engineering solutions. The company serves diverse sectors such as supermarkets, cold storage, and industrial refrigeration, combining expertise with local manufacturing and distribution capabilities.

GMG's THERMAL-XR® ENHANCE coating utilizes the Company's unique graphene-based formulation to improve the thermal performance and longevity of heat exchange surfaces. The application of this coating to Beijer Patton and Kirby Guardian evaporator coils is expected to enhance corrosion resistance, cooling efficiency, reduce energy consumption and provide sustainability benefits across diverse cooling environments. This initiative extends the availability of GMG's product through Beijer Ref's extensive distribution network while offering Australian customers improved system performance and energy/emission reduction pathways.

GMG plans to utilize a network of trained and approved HVAC contractors to apply its THERMAL-XR® ENHANCE coating on refrigeration and air-conditioning coils for this roll out for coating Beijer Ref products starting in the capital cities of mainland Australia. Each participating contractor will undergo GMG certification in the GMG SPRAY ACADEMY to ensure they are proficient in the coating's three-stage process: surface cleaning and preparation, graphene-based coating application, and post-application inspection and maintenance verification. This ensures consistent quality, adherence to safety protocols, and correct use of GMG's proprietary application methods.​​

These certified contractors will deliver coating services on-site or at pre-approved GMG spray coating plants nationally, enabling GMG to scale deployment seamlessly through both direct and distributor channels, particularly in collaboration with Beijer Ref and Kirby stores. By drawing on established HVAC service professionals, the Company ensures local availability, rapid turnaround for installations, and full compliance with the quality standards required for quality assurance.​

This contractor program forms part of GMG's strategic commercialization model, where trained technicians act as frontline partners in the installation of graphene-enhanced coatings for end users. The approach maximizes accessibility, maintains warranty integrity, and strengthens GMG's reputation for technical excellence and customer support across Australia's HVAC-R market.

GMG's Chief Executive Officer, Craig Nicol, commented: "We are proud to see THERMAL-XR® ENHANCE incorporated into Beijer Ref's and Kirby's product offerings in Australia as an option for their leading HVAC-R products. This partnership demonstrates the growing recognition of graphene-enhanced materials as a viable route to corrosion resistance and greater efficiency in conventional HVAC-R systems. The Company continues to expand its market reach globally through strategic channel partners and remains committed to advancing environmentally responsible technologies through graphene innovation."

GMG's Chairman and Non-Executive Director, Jack Perkowski, commented "Congrats to the team – great to see this next step in the roll out of GMG's global leading energy saving products."

About GMG:

GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.

The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.

In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.

GMG's 4 critical business objectives are:

  1. Produce Graphene and improve/scale cell production processes
  2. Build Revenue from Energy Savings Products
  3. Develop Next-Generation Battery
  4. Develop Supply Chain, Partners & Project Execution Capability

For further information please contact:

  • Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
  • Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.

Cautionary Note Regarding Forward-Looking Statements

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the offering of THERMAL-XR® ENHANCE heat transfer coating on Beijer Ref and Kirby branded refrigeration evaporator coils, THERMAL-XR® ENHANCE's ability to enhance corrosion resistance, cooling efficiency, reduce energy consumption, and provide sustainability benefits across diverse cooling environments, improve system performance and energy/emission reduction pathways, the intention to utilize a network of trained and approved HVAC contractors to apply its THERMAL-XR® ENHANCE coating, the proficiency of contractors in the application of THERMAL-XR® ENHANCE, the delivery of coating services on-site or at pre-approved GMG spray coating plants, the Company's ability to scale deployment seamlessly, the Company's ability to ensure local availability, rapid turnaround for installations, and full compliance with the quality standards required for quality assurance, the strategic commercialization model's ability to maximize accessibility, maintain warranty integrity, and strengthen GMG's reputation for technical excellence and customer support across Australia's HVAC-R market, the growth in recognition of graphene-enhanced materials as a viable route to corrosion resistance and greater efficiency in conventional HVAC-R systems, the Company's continued expansion of its market reach globally through strategic channel partners and the Company's commitment to advancing environmentally responsible technologies through graphene innovation.

Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that GMG will be able to take orders and deliveries to meet distributor demand around the worldwide. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation, that products may not be available for sales or delivery to meet customers' expectations.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272201

FAQ

What did GMG (OTCQX: GMGMF) announce on October 28, 2025 about THERMAL-XR® ENHANCE distribution in Australia?

Beijer Ref will offer THERMAL-XR® ENHANCE as an optional coating on Beijer Patton and Kirby Guardian evaporator coils across approximately 73 wholesale locations starting 17 November 2025.

How will GMG apply THERMAL-XR® ENHANCE to Beijer Ref and Kirby coils in Australia (GMGMF)?

GMG will use a network of trained, certified HVAC contractors and pre-approved spray plants after technicians complete the GMG SPRAY ACADEMY three-stage certification.

Does the Beijer Ref distribution deal for GMG (GMGMF) include guaranteed volumes or revenue?

No; the announcement contains no committed volumes, pricing, or financial terms, and sales are subject to bilateral customer contracts with Beijer Ref.

When does the THERMAL-XR® ENHANCE offering with Beijer Ref and Kirby begin for GMG (GMGMF)?

The offering is scheduled to begin on 17 November 2025 across Beijer Ref and Kirby wholesale locations in Australia.

What are the main operational limitations noted for GMG's (GMGMF) roll-out with Beijer Ref in Australia?

The program is initially focused on capital cities on mainland Australia and the agreement is for an indeterminate period that either party may terminate.
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