Mr. Phil Cull reports

OSTROM ANNOUNCES FILING OF AUDITED FINANCIAL STATEMENTS AND MANAGEMENT DISCUSSION AND ANALYSIS FOR THE PERIOD ENDED DECEMBER 31, 2022

Further to Ostrom Climate Solutions Inc.'s news releases dated May 2, 2023, May 16, 2023, and May 30, 2023, in connection with the management cease trade order (MCTO) that the company applied for and that was granted by the British Columbia Securities Commission on May 2, 2023, under National Policy -- 12-203 Management Cease Trade Orders, the company has now successfully completed all filings related to its annual financial statements for the year ended Dec. 31, 2022, with the applicable regulatory authorities.

About Ostrom Climate Solutions Inc.

Ostrom Climate specializes in advisory, technology and project investment services applied to sustainable commodities and ecological assets, with a primary focus on carbon. It helps organizations understand, reduce and offset their climate impact and provides its customers with a multidisciplinary approach to managing risk, enhancing asset performance and securing commercial returns. While managing climate change risk, Ostrom improves livelihoods and sustainability in project regions. Based out of Vancouver, B.C., the company's team has a global reach. It has worked with over 200 leading business organizations. Ostrom Climate is a publicly listed company on the Toronto Venture Exchange and in Frankfurt.

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