Notice of Inaugural Earnings Call

Fermi, Inc. to Host Inaugural Earnings Call and Q&A on Veterans Day, November 11th, 2025

Amarillo, Texas - Nov. 5, 2025 - (Nasdaq: FRMI ) In honor of those who served, Fermi, Inc., DBA Fermi America™, who is powering tomorrow's AI to ensure America wins the intelligence race, will release its financial results for the third quarter ended September 30, 2025, on Veterans Day, Tuesday, November 11, 2025. Fermi's management team will host a live webcast and conference call to thank the brave men and women who answered the call to serve their country, while discussing the company's results, and providing a business update on how Fermi is striving to ensure America wins the Manhattan Project of our time.

Webcast & Conference Call Details

· Date: Tuesday, November 11, 2025

· Time: 9:00 AM Eastern Time (EST)

· Live Webcast: https://www.webcaster5.com/Webcast/Page/3144/53163 

· Dial-in (U.S. toll-free): (888) 506-0062

· International dial-in: +1 973 528 0011

· Participant Access Code: 606769

Who will participate

· Toby Neugebauer - Co-Founder/ Chief Executive Officer (CEO)

· Miles Everson - Chief Financial Officer (CFO)

· Rodrigo Acuna - Investor Relations

Investor Materials

Fermi's financial results, shareholder letter, and presentation slides will be posted on Fermi's Investor Relations website at https://investors.fermiamerica.com following the earnings call. A replay of the webcast will be available on the site for at least 30 days.

How to access

Investors and media interested in accessing the live call should preregister at https://www.webcaster5.com/Webcast/Page/3144/53163 and obtain dial-in details and a friendly reminder prior to the call. Registered participants may join the call up to 15 minutes before the start time.

Media & Investor Contacts

· Investor Relations: Rodrigo Acuna - [email protected]

· Media: Lexi Swearingen - [email protected]

About Fermi, Inc.

Fermi, Inc., DBA Fermi America™ (NASDAQ: FRMI) (https://fermiamerica.com/) is pioneering the development of next-generation private electric grids that deliver highly redundant power at gigawatt scale, required to create next-generation artificial intelligence. Co-founded by former U.S. Energy Secretary Rick Perry, and Co-founder and former Co-Managing Partner of Quantum Energy, Toby Neugebauer, Fermi America™ combines cutting-edge technology with a deep bench of proven world-class multi-disciplinary leaders to create the world's largest, 11 GW next-gen private grid. The behind-the-meter Project Matador campus is expected to integrate the nation's biggest combined-cycle natural gas project, one of the largest clean, new nuclear power complexes in America, utility grid power, solar power, and battery energy storage, to deliver hyperscaler artificial intelligence.

Forward-Looking Statements

This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our strategy, future operations, financial position, prospects, plans and objectives of management. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "will be," "will likely result," "should," "expects," "plans," "anticipates," "could," "would," "foresees," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "outlook," or "continue" or the negative of these words or other similar terms or expressions. These forward-looking statements are not guarantees of future performance, but are based on management's current expectations, assumptions, and beliefs concerning future developments and their potential effect on us, which are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict. Our expectations expressed or implied in these forward-looking statements may not turn out to be correct. Our results could be materially different from our expectations because of various risks.