Mr. Nikolaos Sofronis reports

EARTH ALIVE ANNOUNCES BNQ CERTIFICATION AND Q1 RESULTS

Earth Alive Clean Technologies Inc. has obtained the Bureau de Normalisation du Quebec (BNQ) certification for its flagship dust control product ea1 and has released its financial results for the first quarter of 2023.

"The BNQ certification is an important milestone as we are developing Quebec's market for ea1. We see a lot of demand and opportunities for environmentally friendly dust control products in the mining and infrastructure industry," said Nikolaos Sofronis, president and chief executive officer of Earth Alive. "There are major players in the Quebec mining industry, and sales here thanks to the BNQ certification could spill over in mines worldwide," added Mr. Sofronis. "On the agriculture front, we are confident of having our Soil Activator registered in Europe, where tests have already begun. Obtaining these registrations will open new markets and should be a catalyst for strong sales starting as early as [third quarter]," confirmed Mr. Sofronis.

Earth Alive also announces today its first quarter 2023 results.

First quarter 2023 financial highlights:

• Sales for the first quarter stood at $387,247, a reduction of $185,532 compared with the first quarter of 2022. The company faced logistic issues out of its control that pushed a portion of sales to the second quarter.
• Agriculture sales were up 54 per cent compared with Q1 2022 mainly due to good performances in South and Central America.
• The company invested $214,756 in research and development during the quarter compared with $53,818 in Q1 2022. The focus of its R&D is to reduce its cost of production.
• As of March 31, 2023, Earth Alive had working capital of $5,116,863, confirming the strength of its balance sheet.
• Total net loss was $1,262,881 compared with $560,866 driven by R&D, salaries and business development efforts.

"The company is now more diversified than ever and is on its way to provide significantly better sales in the second quarter. Moreover, we are building strong relations, and we are opening markets that have fast and important short-term growth potential. We expect to see this potential materialize in sales during the current year," said Mr. Sofronis.

Earth Alive consolidated financial statements and management's discussion and analysis for the three-month period ended March 31, 2023, are available on SEDAR and on its website.

About Earth Alive Clean Technologies Inc.

Earth Alive is a soil health company and an industry leader in microbial technologies. Earth Alive's innovative products contribute to regenerative agriculture, natural dust suppression with minimal water use, and industrial cleaning that is ecological and human friendly.

We seek Safe Harbor.