An anonymous director reports

ANAERGIA ANNOUNCES DELAY IN THE FILING OF ITS AUDITED FINANCIAL STATEMENTS AND RELATED DISCLOSURES

There will be a delay in the filing of Anaergia Inc.'s annual information form for the year ended Dec. 31, 2023, audited annual consolidated financial statements for the year ended Dec. 31, 2023, the related management's discussion and analysis of financial condition and results of operations, and chief executive officer and chief financial officer certificates relating to the audited annual financial statements as required by National Instrument 52-109 (Certification of Disclosure in Issuers' Annual and Interim Filings) beyond the April 1, 2024, filing deadline.

Due to delays in the financial reporting process stemming from accounting and financial reporting impacts associated with the restructuring activities and transformation of the company during the 2023 year, Anaergia's audit will take additional time. The company is working diligently to facilitate the completion of the audit of the annual consolidated financial statements by Deloitte LLP, and will be in a position to file the required documents on or about April 15, 2024.

The company anticipates that the OSC will impose a failure-to-file cease trade order pursuant to National Policy 11-207 (Failure-to-File Cease Trade Orders and Revocations in Multiple Jurisdictions). A CTO would prohibit the trading by any person of any securities of the company in Canada, including trades in the company's common shares made through the Toronto Stock Exchange. Once issued, the CTO will remain in place until such time as the required documents are completed by the company.

Anaergia will satisfy the provisions of the alternative information guidelines under NP 12-203 by issuing biweekly default status reports, if necessary, in the form of news releases for so long as it remains in default of the above-noted filing requirements. Anaergia confirms that there are no insolvency proceedings to which it is subject, and there is no other material information relating to its affairs that has not been generally disclosed. Other than as disclosed herein, Anaergia is up to date in its filing obligations.

About Anaergia Inc.

Anaergia was created to eliminate a major source of greenhouse gases by cost-effectively turning organic waste into renewable natural gas, 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 organics 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.