FORM 51-102F3
Material Change Report
ITEM 1. Name and Address of Company
Enertopia Corp. (the "Company" or "Enertopia")
740 McCurdy Road, #100
Kelowna, BC V1X 2P7
ITEM 2. Date of Material Change
January 16, 2026
ITEM 3. News Release
The Company disseminated a news release on January 16, 2026. The Company announced the material change by filing a Form 8-K with the Securities and Exchange Commission.
ITEM 4. Summary of Material Change
On January 16, 2026, the Company provided an corporate update on the proposed sale of the WT lithium project. See further details in the Company's news release dated January 16, 2026.
ITEM 5. Full Description of Material Change
5.1 Full Description of Material Change
See attached Form 8-K with exhibit attached.
5.2 Disclosure for Restructuring Transactions
Not Applicable
ITEM 6. Reliance on subsection 7.1(2) of National Instrument 51-102
Not Applicable
ITEM 7. Omitted Information
No material information has been omitted.
ITEM 8. Executive Officer
Additional information respecting the Company or the material changes disclosed under this form may be obtained by contacting Robert McAllister, CEO and President of the Company, at (250) 870-2219.
ITEM 9. Date of Report
Dated January 16, 2026