PharmChem Laboratories Inc (PCHM)

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PharmChem, Inc. Announces Stock Repurchase Program

Fort Worth, TX (March 22, 2022) — PharmChem, Inc. (the “Company”) (OTC: PCHM) today
announced that the Company's Board of Directors has approved a stock repurchase program under
which the Company may repurchase up to 100,000 shares of its common stock at such times and
such prices, as the Company considers to be in the best interests of the Company and its
stockholders, subject to the availability of stock, general market conditions, alternative uses for
capital, and the Company’s financial performance, to be repurchased in open market or private
transactions, through block trades, and pursuant to any trading plan that may be adopted in
accordance with Rule 10b5-1 under the Securities Exchange Act of 1934. This stock repurchase
program has no expiration date and replaces the previous stock repurchase program.

https://s3.amazonaws.com/com-pharmcheck-cdn/document-uploads/PharmChem-Share-Repurchase-Press-Release-March-22-2022.pdf?mtime=20220322163030