Stardust Solar Receives Full Settlement Payment from SinuSafe Medical Ltd.

Stardust Solar Energy Inc. (TSXV: SUN) ("Stardust Solar" or the "Company"), a leading provider of residential solar energy solutions, is pleased to announce that, further to its news release dated November 27, 2024, it has received a cash payment for the full settlement amount from SinuSafe Medical Ltd. ("SinuSafe") in accordance with the terms of a settlement agreement with SinuSafe dated November 26, 2024 (the "Settlement Agreement").

Pursuant to the terms of the Settlement Agreement, SinuSafe has now paid to Stardust Solar a cash payment representing the full settlement amount of $395,208, which includes both the applicable principal and the accrued interest owed by SinuSafe under a secured loan agreement executed by the parties in May 2022. The settlement funds have now been deposited by SinuSafe into a Stardust Solar bank account.

In accordance with the terms of the Settlement Agreement, Stardust Solar will now submit a request for the release of the liens and restrictions previously imposed by the Company on the applicable SinuSafe patents and intellectual property.

For additional details regarding the Settlement Agreement and the SinuSafe loan, please see the Company's news release dated November 27, 2024 and other public filings made by the Company with Canadian securities regulatory authorities, which are available under the Company's SEDAR+ profile at www.sedarplus.ca.

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