Mr. Eliot Sorella reports

ECOLOMONDO RETAINS ITG FOR MARKET LIQUIDITY SERVICES

Subject to regulatory approval, Ecolomondo Corp. has retained Independent Trading Group (ITG) Inc. to provide market-making services to the company in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation.

ITG will trade shares of Ecolomondo on the TSX-V for the purposes of maintaining a reasonable and orderly market and improving the liquidity of the company's common shares.

Under the agreement dated Sept. 27, 2023, the company will pay ITG $5,000 for fees plus applicable taxes per month. ITG will be responsible for the costs it incurs in buying and selling the company's shares, and no third party will be providing funds or securities for the market-making activities. The engagement has a term of one month and will renew for subsequent one-month terms, at $5,000 per month, unless either party provides 15 days of written notice prior to the end of a term. The company and ITG have an arm's-length relationship, but ITG and/or its clients may have an interest, directly or indirectly, in the securities of the company. The agreement is principally for the purposes of maintaining market stability and liquidity for the company's common shares and is not a formal market-making agreement. There are no performance factors contained in the agreement between ITG and the company and ITG will not receive any shares or options from the company as compensation for services it will render.

About Ecolomondo Corp.

Ecolomondo is a Canadian clean technology company (headquartered in Quebec, Canada) that prides itself after its proprietary thermal decomposition technology (TDP). 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 (recovered carbon black), 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. Ecolomondo trades on the TSX Venture Exchange under the symbol ECM.

We seek Safe Harbor.