Mr. Eliot Sorella reports

ECOLOMONDO ACHIEVES A MAJOR MILESTONE AT ITS 2-REACTOR TDP FACILITY IN HAWKESBURY, ONTARIO

On July 7, Ecolomondo Corp. performed with success simultaneous production cycles of optimal payloads using both of its reactors, a major milestone in its ramp-up of the Hawkesbury TDP plant.

The Hawkesbury TDP facility initially started testing of its reactors in January, 2023, with an initial payload of 1,600 pounds (lb) and payloads were gradually increased to reach the optimal payload goal of 15,000 lb per production cycle of each reactor.

The key element in this important achievement is that the Hawkesbury TDP facility is confirming that TDP is capable of processing industrial quantities of end-of-life tires and from them produce industrial quantities of sustainable oil, gas and recovered carbon black.

The technical teams continue to work to ensure the safety and efficiency of the TDP process. The improvements executed so far were key to TDP achieving this important threshold.

While management is encouraged by its ramp-up so far, it cautions that continued and aggressive ramp-up testing may bring to light unforeseen issues that may require adjustments.

About Ecolomondo Corp.

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

We seek Safe Harbor.