Mr. Richard MacPherson reports

BIRCHTECH SECURES LICENSE & SUPPLY BIDDING AGREEMENTS WITH TWO POWER UTILITIES

Birchtech Corp. has signed non-exclusive agreements with two coal-fired power utilities, affiliated with one another, named as defendants in the company's July, 2024, lawsuit filed in Iowa for the protection of the intellectual property surrounding the company's mercury emissions reduction technologies.

The licence and supply bidding agreements with the two affiliated utilities include a one-time licence fee and provide the company with the right for a period of five years to be included in each utility's bidding process for certain product supply for mercury emissions capture at such party's operated power plants. Due to confidentiality agreements and continuing litigation, other specific terms of these agreements cannot be publicly disclosed.

As a result of these agreements, Birchtech has dismissed all claims against these two utilities and their parent company in the lawsuit filed in the Southern District of Iowa. Claims will continue against the remaining non-affiliated defendants in the Iowa lawsuit.

Richard MacPherson, Birchtech chief executive officer, commented: "Following our success in the 2024 jury trial, our outreach across the coal-fired power industry has been effective largely due to our 'business-first' approach. Since 2019, our objective has been focused on building solid, strong relationships with these utilities who are already benefitting from our clean air technologies. To date, with the licence and supply bidding agreements announced today, we have established business relationships with four utilities from the consolidated lawsuits currently pending in Iowa originally commenced in 2024. These new licensees of our innovative patented technologies will continue to realize lower mercury emissions and gain additional operational improvements and efficiencies through potential future direct supply.

"Since 2019, we have successfully reached 12 licence and/or supply agreements with coal-fired utilities, including eight coal-fired utilities previously named as defendants in the 2019 and 2024/2025 lawsuit filings. Additional lawsuits remain outstanding as we seek to protect our intellectual property on behalf of shareholders, and we continue to await the final judgment to be issued from the March, 2024, District Court of Delaware jury trial," concluded Mr. MacPherson.

About Birchtech Corp.

Birchtech is a leader in specialty activated carbon technologies, serving as America's clean coal and clean water company by delivering innovative solutions for air and water purification to support a cleaner, more sustainable future. The company provides patented SEA sorbent technologies for mercury emissions capture for the coal-fired utility sector and is developing disruptive water purification technologies with a specialization on forever chemicals such as PFAS and PFOS. Backed by a strong intellectual property portfolio and a world-class team of activated carbon experts, Birchtech provides cleaner air to North American communities and is applying this expertise to a novel approach in water purification.

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