Mr. Michael Costa reports

BASE CARBON ANNOUNCES CORSIA-ELIGIBLE TAGGING OF PREVIOUSLY ISSUED CARBON CREDITS

Carbon credit registry, Verra, has completed Corsia first-phase, 2024-2026 eligible tagging of 639,609 previously issued carbon credits from Base Carbon Inc.'s Rwanda cookstoves project.

Highlights:

• Verra has completed Corsia-eligible tagging of 639,609 previously issued carbon credits from the project utilizing the current VM0050 cookstove methodology.
• This brings the aggregate number of Corsia-eligible tagged carbon credits issued to date from the project to 1,959,812.

Going forward, the project is anticipated to generate approximately 2.6 million additional carbon credits on regular six-month intervals during the rest of the project's crediting period. The company expects all of these further credits to become Corsia-eligible. The company is actively engaged in multiple carbon credit sale processes and continues to remain focused on value maximization.

"Today's announcement further demonstrates the maturity and reliability of our project through the regular cadence of issuance and eligibility," said Michael Costa, chief executive officer of Base Carbon. "DelAgua's consistent operational expertise and execution of the project continue to strengthen our market position, with fully Corsia-eligible inventories available to meet aviation compliance demand," added Mr. Costa.

About Base Carbon Inc.

Base Carbon provides capital, development expertise and management operating resources to projects involved in the global carbon markets. It endeavours to be the preferred carbon project partner in providing capital and management resources to carbon removal and reduction projects globally and, where appropriate, will utilize technologies within the evolving environmental industries to enhance efficiencies, commercial credibility and trading transparency.

We seek Safe Harbor.