Mr. Jim Payne reports

DYNACERT RECEIVES FINAL VERRA APPROVAL OF ITS CARBON CREDIT METHODOLOGY

DynaCERT Inc. has received the final Verra approval of its carbon credit methodology.

This Verra-approved methodology marks a significant milestone in DynaCERT's continuing business evolution as it underscores the impact of the company's HydraGEN technology, which is designed to reduce both fuel consumption and carbon emissions in a wide range of sizes of internal combustion engines. DynaCERT's innovative product line serves an extensive range of ICE applications, including sectors such as transportation, mining, construction, oil and gas, and diesel generators.

The Verra methodology

On Oct. 4, 2024, Verra published its verified carbon standard methodology revision VMR0004 improved efficiency of fleet vehicles, Version 2.0.

According to Verra: "This methodology was developed by DynaCERT (and others), based on CDM methodology AMS-III.BC emission reductions through improved efficiency of vehicle fleets, Version 3.0.

"This methodology is applicable to project activities that improve the efficiency of vehicle fleets, including transport vehicles and mobile machinery, resulting in reduced greenhouse gas emissions from fuel and electricity consumption.

"This revision introduces the option to monitor individual vehicles using telematic systems, which provide continuous tracking of odometer readings, fuel consumption and operational time. These data are recorded in a centralized database, streamlining project monitoring.

"Additionally, the methodology has been updated to better align with net-zero transition goals by setting a cut-off date for the inclusion of new fossil fuel vehicles and ensuring compatibility with national and regional net-zero transition plans and decarbonization strategies.

"It also incorporates a conservativeness deduction based on uncertainty assessment and enhances the additionality demonstration procedures by including the investment analysis option, requiring a common practice analysis and excluding the common practice barrier.

"This methodology is a revision to AMS-III.BC.: emission reductions through improved efficiency of vehicle fleets (external), and is globally applicable to project activities that improve the efficiency of vehicle fleets and mobile machinery (for example, fleets of trucks, buses, cars, taxis or motorized tricycles, excavators, and cranes), resulting in reduced fuel usage and greenhouse gas emissions."

Recurring benefits for DynaCERT clients

This pivotal approval by Verra opens the door for many clients of DynaCERT to earn a multiyear recurring stream of valuable carbon credits by using the company's HydraGEN technology. DynaCERT plans to share equally the carbon credit benefits registered under Verra with users of HydraGEN technology.

Quantification of greenhouse gas emission reductions

In addition to providing a financial incentive derived from the sale of carbon credits, users deploying HydraGEN technology will have the ability to accurately quantify their GHG emission reductions. This measurable impact is a key criterion for driving significant sales of HydraGEN technology to large-scale clients.

Measurement objectivity

A unique feature of the methodology developed by DynaCERT is the precise, objective measurement of reduction of GHG emissions. DynaCERT's HydraLytica telematics eliminate human intervention and derive all their data from the internal combustion engine's electronic control unit. This level of accuracy is expected to enhance the market value of DynaCERT's carbon credits as uncertainties and assumptions that often affect the valuation of competing carbon credits can be avoided.

Global significance

This represents a major breakthrough for DynaCERT. Also, as DynaCERT's HydraGEN technology is designed to function on millions of engines worldwide, DynaCERT is positioned to propose the advantages of Verra carbon credits on a global scale, expanding the reach and impact of the company's emission reduction solutions.

Dr. James Tansey, a director of DynaCERT and the chief executive officer and a director of Carbon Done Right Developments, a public company focused on the development of carbon credits, which to date has developed a portfolio of over 43 million tonnes of carbon credits, stated: "The Verra methodology is particularly suited to benefit clients of DynaCERT that wish to reduce their carbon footprint using the company's HydraGEN technology. In addition, DynaCERT's HydraLytica telematics is expected to be very well received in carbon credit markets."

Jean-Pierre Colin, executive vice-president and director and chief financial officer of DynaCERT, stated: "The entry of DynaCERT into the multidimensional world of carbon credits marks a hugely important catalyst in our company's history. A new pathway has opened up, which has potential to grow to become exponentially significant. The more HydraGEN technology units that DynaCERT distributes throughout the globe, the more users of the technology can apply for carbon credits. Through DynaCERT and Verra's methodology, many users of ICE engines throughout the world using DynaCERT's HydraGEN technology now have the opportunity to become validated contributors to the global effort to reduce GHG emissions."

Jim Payne, chairman and chief executive officer of DynaCERT, stated: "On behalf of the entire board of DynaCERT, I congratulate and thank our team of carbon credit experts, our consultants and our contributors that made this Verra step a possibility. We also sincerely thank all the professionals at Verra who worked diligently to bring this methodology to fruition. Many of our customers that strive to improve their sustainability image have indicated that they prefer vehicles equipped with our technology. From now on, our clients can capitalize on the benefits of HydraGEN technology by generating future streams of carbon credits. Verra carbon credits have the potential to benefit our clients, as well as our dealers and all our stakeholders, as they align with our corporate goals. I look forward to discussing our developments and objectives with our clients and dealers in the following weeks."

About DynaCERT Inc.

DynaCERT manufactures and distributes carbon emission reduction technology along with its proprietary HydraLytica telematics, a means of monitoring fuel consumption and calculating GHG emission savings designed for the tracking of possible future carbon credits for use with internal combustion engines. As part of the growing global hydrogen economy, its patented technology creates hydrogen and oxygen on demand through a unique electrolysis system and supplies these gases through the air intake to enhance combustion, which has shown to lower carbon emissions and improve fuel efficiency. Its technology is designed for use with many types and sizes of diesel engines used in on-road vehicles, reefer trailers, off-road construction, power generation, mining and forestry equipment.

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