Mr. Matt Gowanlock reports

CLEANTEK INDUSTRIES INC. ANNOUNCES CORPORATE UPDATE

Cleantek Industries Inc. has provided an operational update on in its international expansion, the company's GZeroE product launch and the settlement of outstanding litigation matters.

Recently, the company successfully completed a proof-of-concept field trial for its Halo product line with one of the largest drilling contractors in the Kingdom of Saudi Arabia (KSA). Following the completion of this trial, Cleantek is now progressing into commercial discussions, setting the stage for potential expansion of its Halo technology into KSA. In addition to these efforts, Cleantek has been engaged in productive dialogues with several other potential clients regarding promising opportunities throughout the Gulf Cooperation Council (GCC) countries and looks forward to further updates on this front over the coming months.

Separately, Cleantek successfully finalized testing and commissioning of the newest member of the ZeroE technology product line, the GZeroE wastewater dehydrator. The GZeroE technology is primarily powered by waste gas and, similar to the company's DZeroE and PZeroE lines, is designed to treat and dehydrate wastewater while reintegrating clean water safely back into the natural hydrological cycle. The deployment of the first GZeroE unit to a client's site in March, 2024, has received excellent feedback and plans are now under review by the company to repurpose older, non-revenue generating assets into new GZeroE systems to fill market demand.

Lastly, the company is pleased to disclose the recent settlement of several litigation matters with the company's former chief executive officer, who was terminated in 2019. President and CEO Matt Gowanlock commented: "It is gratifying to have finally resolved these long-standing disputes, which were settled for an amount that is far less than what the company had allocated in its 2024 budget to contest these claims. This resolution not only mitigates our financial burden but also allows us to fully focus on our core business objectives."

The terms of the settlement are confidential. However, they provide that the company will pay an amount over a limited period of time in order to settle the various claims accompanied by a full release in favour of the company. The staged nature of the settlement amount has been structured to ensure that the impact of the settlement is not expected to materially affect the company or its business and operations.

Cleantek's continuing success and the resolution of past disputes underscore the company's continued resilience and strategic foresight. As Cleantek continues to expand with its innovative GZeroE wastewater dehydrator and strengthens its presence in the Middle East, the company remains dedicated to delivering sustainable value to its clients and shareholders alike.

About Cleantek Industries Inc.

Cleantek is a clean energy technology company focused on ESG-accretive (environmental, social and governance) technology solutions with operations across North America. Cleantek has developed and commercialized its patented waste water dehydration technology, the ZeroE, which it rents to its customers for use at gas processing facilities and on drilling rigs focused on hydrosustainability. Cleantek's ZeroE technology separates waste water into: (i) clean water, which is evaporated and returned to the natural hydrological cycle; and (ii) concentrated brine, which is disposed of using traditional means. The ZeroE technology is powered by the waste heat generated from the engine exhaust of gas plants and drilling rigs. Complementing Cleantek's ZeroE technology is the suite of low-carbon LED (light-emitting diode) lighting systems containing the company's patented solar hybrid lighting systems and Halo Crown mounted lighting systems.

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