META MATERIALS SCHEDULES Q2 2022 RESULTS AND CORPORATE UPDATE WEBCAST

HALIFAX, N.S.Meta Materials Inc. (the “Company” or “META”) (NASDAQ: MMAT, FSE: MMAT), a developer of functional materials and high performance nanocomposites, announced that the Company will report its second quarter 2022 financial results on Tuesday August 9after market close, followed by a webcast on Wednesday, August 10, 2022at 8:00 a.m. EDT.

Webcast Details

Date: August 10, 2022

Time: 8:00 a.m. EDT / 5:00 a.m. PDT

About Meta Materials Inc.

META delivers previously unattainable performance, in a range of applications, by inventing, designing, developing and manufacturing durable and highly functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive and clean energy. Our nano-optical technology provides anti-counterfeit security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named Lux ​​Research Innovator of the Year in 2021. To learn more, visit www.metamaterial.com.

Forward-looking information

This press release contains forward-looking information or statements within the meaning of Canadian securities laws and within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, relating to the Company, which may include, but are not limited to, statements regarding business strategies, product development, expansion plans and activities operations of the Company. Often, but not always, forward-looking information can be identified by the use of words such as “pursues”, “potential”, “anticipates”, “projects”, “seeks”, “plans”, “expects”, “has “intend”, “anticipate”, “believe” or variations (including negative variations) of these words and phrases, or statements that certain actions, events or results “could”, “could”, “should” , “would” or “would” be taken, occur or be carried out. These statements are based on the Company’s management’s current expectations and outlook of future events and are based on assumptions and subject to risks and uncertainties. Although the Company’s management believes that the assumptions underlying these statements are reasonable, they may prove to be incorrect. The forward-looking events and circumstances discussed in this release may not occur and may differ materially due to known and unknown risk factors and uncertainties affecting the Company, the capabilities of our facilities and their expansion, research and development projects of the Company, the market potential of the Company’s products, the Company’s market position, the need and ability to raise more capital, the scalability of the Company’s production capacity, the ability new customer engagement, material selection program timelines, the ability to reduce production costs, improve metamaterial manufacturing capabilities and expand market reach into new applications and industries, ability to accelerate go-to-market plans, the possibility of new customer contracts, the continued engagement of our employees, the technology industry, the market’s strategic and operational activities and management’s ability to manage and operate t he business. Further details of these and other risks that may affect the Company’s business are described under the heading “Forward-Looking Information” and under the heading “Risk Factors” in the Company’s Form 10-K. filed with the SECOND on March 1, 2022with a SECOND filing date of March 2in the company’s Form 10-Q filed with the SECOND on May 10, 2022and in documents subsequently filed by Meta-materials with the SECONDavailable on DRY website at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in the forward-looking statements, there may be other factors that cause the actions, events or results differ from those anticipated, estimated or expected. Accordingly, readers should not place undue reliance on any forward-looking statements or information. No forward-looking statement can be guaranteed. Except as required by applicable securities laws, forward-looking statements speak only as of the date they are made and the Company undertakes no obligation to publicly update or revise any forward-looking statement, whether whether as a result of new information, future events, or otherwise, except to the extent required by law.

Contact:

Media

Rob Stone

vice president

Corporate development and communication

Meta Materials Inc.

E: [email protected]

Investor

Mark Komonoski

Senior Vice President

Integral Communications

Phone: 1-877-255-8483

Email: [email protected]

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