Mr. Karl Kottmeier reports

CHEMISTREE ANNOUNCES RESULTS FROM ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS

Chemistree Technology Inc. has released the results of matters voted on at the company's annual general and special meeting of shareholders held earlier today.

All of the nominees for election as directors of the company listed in the company's information circular dated April 1, 2024, were elected for the ensuing year. Douglas E. Ford, Karl Kottmeier, Adam B. Ho and Robin Gamley were all elected as directors of the company.

Additional voting results from the meeting include: (i) the shareholders approved the appointment of Davidson & Company LLP as auditor of the company for the ensuing year and authorized the directors of the company to fix their remuneration; (ii) the shareholders did not approve setting the number of directors of the company at four; (iii) the shareholders did not approve the ordinary resolution ratifying and approving the unallocated options under the company's 10-per-cent rolling stock option plan; and (iv) the shareholders did not approve a special resolution authorizing the directors to consolidate the common shares of the company on the basis of one new postconsolidation common share for every 100 currently outstanding common shares.

About Chemistree Technology Inc.

Chemistree Technology is a Canadian investment company whose strategy is to focus on opportunistic investments across a broad range of industries, and is seeking to invest in early-stage, promising companies where it may be the lead investor and can additionally provide investees with advisory services, mentoring and access to the company's management expertise. Existing holdings are in a consumer-targeted biotechnology venture, a renewable energy developer in the wind and solar sector, a plant-based wellness company, and an Ontario limited partnership to take advantage of opportunistic long/short equity opportunities in both potential upside and downside expected price moves.

We seek Safe Harbor.