Mr. Paul Woodward reports

AETHER AND CITY OF BURNABY EXTEND USMEAP FOR 2025

Aether Catalyst Solutions Inc. has extended the urban small motors emissions abatement project (USMEAP) with the City of Burnaby for year five.

The fourth season of field testing with the City of Burnaby wrapped up with NOx conversion remaining 100 per cent on all units. Usage for several of the mowers was particularly high this season, giving the company added insights into durability.

For year four, the program continued with the same six units equipped with Aether catalysts. Highlights of year four of the USMEAP are as follows.

Technical highlights:

• Six mowers in the test fleet;
• All units showing 100-per-cent NOx reduction;
• One unit is over 200 hours, two are over 300 hours and three are over 400 hours with two of those nearing 500.

Program highlights:

• The program has been renewed for 2025.
• The current data set has been helpful in industry outreach.
• For the USMEAP, Aether is able to make use of the muffler housing, substituting its catalyst for existing muffler material, resulting in a plug and play solution with high performance, requiring minimal engineering and no loss of sound dampening;
• Aether and the City of Burnaby will continue the program for the 2025 season.

Taylor Procyk, chief operating officer of Aether, commented: "The data generated by this project is crucial as Aether begins to commercialize our catalysts for small motors. It gives us a touchstone in discussions with industry manufacturers and supports our technical team as we evaluate configurations and approach third party validation of our technology."

About Aether Catalyst Solutions Inc.

Aether Catalyst is focused on providing an order of magnitude cost reduction in automotive catalytic converter catalyst while meeting, or exceeding, government emission standards. Aether is working to quickly advance its technology through rapid screening of new materials directed at enhancing end of life conversion levels after accelerated aging. While Aether's primary focus has been automotive applications, the company is also developing catalysts to address small motor emissions -- a significant contributor to urban air pollution.

We seek Safe Harbor.