Draganfly Exercises Over-Allotment Option Further

Saskatoon, SK. – June 6, 2025 – Draganfly Inc. (NASDAQ: DPRO) (CSE: DPRO) (FSE: 3U8A), a prominent player in the drone solutions and systems market, has announced the partial exercise of the over-allotment option related to its recent US$3.6 million public offering. Maxim Group LLC, acting as the underwriter and sole book-running manager for the offering finalized on May 5, 2025, has elected to purchase an additional 100,000 common shares. This move, priced at US$2.09 per share, will generate aggregate gross proceeds of US$209,000 before accounting for underwriter discounts and commissions.

This follow-up funding injection underscores Draganfly’s strategic vision and its commitment to expanding its capabilities. The company intends to allocate the net proceeds from the offering to various corporate initiatives. Key areas include funding its operations to fulfill the growing demand for its new products, executing strategic growth initiatives, and bolstering its working capital. Further allocation will be made into the continuous development and marketing of Draganfly’s core products, as well as potentially supporting strategic acquisitions and ongoing research and development efforts.

The initial offering was executed under an effective shelf registration statement on Form F-10, amended (File No. 333-271498), which the U.S. Securities and Exchange Commission (“SEC”) declared effective on July 5, 2023. The company also utilized its Canadian short form base shelf prospectus dated June 30, 2023 (the “Base Shelf Prospectus”). Importantly, Draganfly offered and sold these securities exclusively within the United States, with no securities being offered or sold to Canadian purchasers.

Detailed information about the offering can be found in the final prospectus supplement and accompanying Base Shelf Prospectus, which have been filed with relevant securities commissions in the Canadian provinces of British Columbia, Saskatchewan, and Ontario, and with the SEC in the United States. You can access these documents for free by visiting the Company’s profiles on the SEDAR+ website, maintained by the Canadian Securities Administrators, at www.sedarplus.ca, or the SEC’s website at www.sec.gov.

This press release serves informational purposes only and does not constitute an offer to sell, nor a solicitation of an offer to buy, these securities. No sales of these securities will occur in any jurisdiction where such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the local securities laws.

About Draganfly

Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) continues to be a pioneering force in the converging fields of drone solutions, AI-driven software, and robotics. With over 25 years of relentless innovation, Draganfly has solidified its place at the vanguard of drone technology. The Company provides solutions pivotal to public safety, agriculture, industrial inspections, security, mapping, and surveying. Draganfly is driven by a commitment to provide technology that is efficient, reliable, and industry-leading to support organizations worldwide in saving time, reducing costs, and protecting lives.

Forward-Looking Statements

Certain statements contained in this news release may be forward-looking statements or forward-looking information within the meaning of applicable securities laws. Such statements are based on management’s current expectations and inherently involve various known and unknown risks, uncertainties, and assumptions. These forward-looking statements include statements regarding the intended use of proceeds from the Offering. Actual future events may vary from the anticipated events expressed in these forward-looking statements. Draganfly believes that the expectations reflected by forward-looking statements are reasonable, though there is no guarantee that these expectations will be realized. Readers are advised not to place undue reliance on any forward-looking statements within this press release. These forward-looking statements are valid only as of the date they are made. Draganfly disclaims any obligation to update or revise these statements publicly due to new information, future events, or any other cause, except where required by applicable securities laws. Investors are cautioned not to rely solely upon these forward-looking statements and are encouraged to consult the Offering documents, along with Draganfly’s continuous disclosure filings, including the current annual information form and audited annual consolidated financial statements, accessible both on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov/edgar.