Mr. Ryan Jackson reports

CIELO APPOINTS HARRY ANDERSEN AS CHAIR AND RENEWS BOARD TO SUPPORT EXECUTION OF ITS STRATEGY

Cielo Waste Solutions Corp. has appointed Harry Andersen to the company's board of directors and as chair of the board, effective Sept. 15, 2026. Sheila A. Leggett has stepped down as chair to facilitate the transition and will continue to serve as a director and as chair of the board's newly formed governance, nominating and compensation committee. Larry Schafran has resigned from the board and will continue to support the company as an adviser to the board. The board thanks Mr. Schafran for his service and contributions to Cielo, and is pleased to retain the benefit of his counsel in an advisory capacity.

Cielo's strategy

Cielo is a clean fuel and low-carbon infrastructure project developer. Cielo originates, structures and finances projects by securing feedstock and offtake, deploying proven third party technologies and integrating carbon management such as carbon capture and storage. The company is also committed to cultivating meaningful strategic and indigenous partnerships that bring local knowledge, expertise and participation to the development of projects while creating shared economic benefits. Cielo is using and developing a platform capable of advancing multiple sites in parallel, anchored by Project Nahoonai, as further described in the company's continuous disclosure materials.

A board and management team aligned with the strategy

Today's changes continue the deliberate buildout of a leadership group matched to that strategy, with direct experience in major project development and execution, project finance, carbon capture and storage, regulatory and indigenous engagement, risk management, and public company governance.

Mr. Andersen has more than 25 years of senior leadership experience in the mid-stream and energy sectors, with expertise spanning operations, business development, capital markets, mergers and acquisitions, major project development and execution, commercial and customer offtake arrangements, corporate governance, and regulatory and stakeholder matters. He previously served as chief operating officer and senior vice-president of Pembina Pipeline Corp., where he oversaw the company's pipeline division and its pipeline transportation, terminalling, storage and rail operations across Canada and the United States. He also served as Pembina's chief legal officer and senior vice-president, external affairs, overseeing major project engineering and construction, legal, regulatory, government, environmental, indigenous and community affairs functions, and advising senior management and the board. Mr. Andersen also led the development of the proposed $10-billion (U.S.) Jordan Cove liquefied natural gas project and an indigenous partnership related to the Trans Mountain pipeline and expansion. Most recently, he was the founder and chief executive officer of Captus Generation, where he led the development of a large-scale, co-located behind-the-meter power and data centre campus.

Mr. Andersen joins a board that includes Ms. Leggett, a governance and strategic resource leader; Kaush Rakhit, a senior energy-based business leader who has built numerous successful Canadian energy companies; Peter MacKay, who provides invaluable guidance on government, public services, industry practice and economic development; and Ryan C. Jackson, chief executive officer.

The renewed board follows Cielo's recent additions to its executive team: Ivy Chan as chief financial officer, Robert Pockar as chief operating officer and Matthew Scorah as chief development officer. Together, they bring the multidisciplinary expertise required to develop and advance large-scale capital projects, spanning engineering and technical development, regulatory and permitting, project management, commercial negotiations and contracting, feedstock and offtake development, project finance, and capital markets. With hands-on experience across the energy and CCS industries, the team has the capabilities to identify, structure, derisk and advance projects from early-stage development through to investment and execution.

"I joined Cielo because of its people," said Mr. Andersen. "The company has a clear strategy, a management team with experience that is genuinely hard to find and a board that can help it execute. We are building a business, not a single project, and I look forward to working with Ryan, the team and my fellow directors to advance it."

"Harry brings the major project, capital markets, commercial and indigenous partnership experience that matches where Cielo is headed," said Mr. Jackson, chief executive officer. "With Ivy, Rob and Matt on the executive team and a renewed board, we are confident we have the complete team in place to execute our strategy. On behalf of the company, I thank Sheila for her leadership as chair through a period of significant change and Larry for his years of service."

About Cielo Waste Solutions Corp.

Cielo is a clean fuel project development company advancing sustainable aviation fuel and other low-carbon energy projects across North America. Cielo combines strategic feedstock partnerships with proven third party technologies to develop a scalable pipeline of waste-to-fuel projects, anchored by its flagship Project Nahoonai in Prince George, B.C.

Cielo's shares are listed on the TSX Venture Exchange under the symbol CMC and on the OTCQB under the symbol CWSFF.

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