Mr. Eliot Sorella reports

ECOLOMONDO SUCCESSFULLY COMPLETES A PRODUCTION CYCLE WITH A 15,000 LBS REACTOR PAYLOAD

Ecolomondo Corp. has recently performed its first-ever production cycle with a reactor payload of 15,000 pounds (lb), continuing steadily on the path toward commercial operations of its Hawkesbury TDP (thermal decomposition process) facility.

Since January, 2023, the Hawkesbury plant increased its reactor payloads from 1,600 lb to 12,000 lb, and now 15,000 lb per cycle, the optimal payload needed to achieve the facility's commercial goals.

The 15,000 lb production cycle was achieved with great success. Since January, 2023, improvements were continuously made and their efficiency were confirmed during this latest test that was performed with ease. These improvements confirm the efficiency and the robust nature of the thermal process.

Having achieved this threshold, the company expects to increase the frequency of production cycles, gradually leading to full ramp-up.

Larger batch volumes have brought to light certain deficiencies in the load and unloading equipment supplied to Ecolomondo by one of its suppliers. Corrective measures are currently under way by both the supplier and Ecolomondo's technical teams to improve efficiency in these areas.

This cycle size of 15,000 lb used 846 end-of-life tires (ELTs) to produce 5,700 lb of carbon black, 22 barrels of oil and 1,725 lb of process gas, including 1,931 lb of steel and 846 lb of fibre which were produced during the shredding stage of scrap tires.

As mentioned in previous press releases, while management is optimistic, it cautions that further ramp-up testing may bring to light other issues that may require further adjustments.

About Ecolomondo Corp.

Ecolomondo is a Canadian cleantech company that prides itself after its proprietary thermal decomposition technology. The company is headquartered in Quebec, Canada. It has a 25-year history and, during this time, has been focused on the development of its technology and the deployment of TDP turnkey facilities. TDP recovers high-value reusable commodities from scrap tire waste, notably rCB (recovered carbon black), oil, syngas, fibre and steel. Ecolomondo expects to be a leading player in the cleantech space and be an active contributor to the global circular economy.

About the Hawkesbury TDP facility

The Hawkesbury facility building is 46,200 square feet and has an impressive indoor clearance of 28 feet. It is a state-of-the-art facility housing four main production departments: tire shredding; thermal decomposition; recycled carbon black refining; and oil fractionation. Once fully operational, this facility is expected to process a minimum of 14,000 metric tons of tire waste per year, and produce 5,300 metric tons of recovered carbon black, 42,700 barrels of oil, 1,800 metric tons of steel, 1,600 metric tons of process gas and 850 metric tons of fibre.

About TDP

The TDP process is technically proved and more advanced than most other pyrolysis technologies. Over the years, the company's technological teams were able to overcome all uncertainties that plagued most competitors especially in these areas: prefiltration, reactor cooling, reactor rotation, reactor evacuation, water recycling, processing of rCB (hydrocarbon removal), mass monitoring, heat curve development, humidity and water removal, safety testing, system automation, emission control and monitoring.

TDP is environmentally friendly -- carbon dioxide (CO2) reduction

By producing rCB, TDP reduces greenhouse gas emissions by 90 per cent versus the production of virgin carbon black. The production of rCB at the Hawkesbury and Shamrock facilities is expected to reduce CO2 emissions by 22,400 and 67,200 tons per year, respectively.

We seek Safe Harbor.