An anonymous director reports

ANAERGIA ANNOUNCES UPDATE ON NETHERLANDS ARBITRAL AWARD

Anaergia Inc.'s subsidiary, Anaergia B.V. (ABV), has received payment on behalf of Blue Sphere Brabant B.V. (BSB) of 2,728,125 euros in settlement of the previously disclosed interim arbitral award and in consideration of mutual waiver of claims concerning the turnkey agreement for engineering, procurement and construction of a biogas installation for the biogas plant in Sterksel, Netherlands (the arbitration). Pursuant to the settlement agreement, BSB also agreed to additional payments totalling 750,000 euros to be paid to ABV on or before Jan. 30, 2025.

Given the uncertainty of collection of its claims in the arbitration, the company believes the settlement is a positive conclusion of its involvement in the project. Please refer to the company's news release dated Dec. 12, 2023, for related information.

About Anaergia Inc.

Anaergia was created to eliminate a major source of greenhouse gases (GHGs) by cost-effectively turning organic waste into renewable natural gas (RNG), fertilizer and water through the use of proprietary technologies. With a record of delivering innovative projects, Anaergia is uniquely positioned to provide solutions to today's most pressing resource recovery challenges using a broad portfolio of proven technologies and multiple project delivery methods. Anaergia is one of the world's only companies with a proprietary portfolio of end-to-end solutions that integrate solid waste processing as well as waste water treatment with organic recovery, high-efficiency anaerobic digestion, RNG production, and recovery of fertilizer and water from organic residuals. The combination of these technologies enhances carbon-negative biogas, clean water and natural fertilizer production, utilizes a minimized footprint, and lowers waste and waste water treatment costs and GHG emissions.

We seek Safe Harbor.