Mr. J.F. Labbe reports

ECOLOMONDO ANNOUNCES CLOSING OF FULLY SUBSCRIBED LIFE OFFERING

Ecolomondo Corp. has completed its previously announced non-brokered private placement for gross proceeds of $1,000,000.10 from the sale of 6,201,551 units of the company at a price of 16.125 cents per unit.

Each unit consists of one common share of the company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share of the company at a price of 24 cents at any time on or before that date that is two years after the closing date of the offering, provided that if the closing price of the common shares on the TSX Venture Exchange is equal to or greater than 35 cents for a period of 15 consecutive trading days, the company may accelerate the expiry date of the warrants by disseminating a news release within seven calendar days after the 15th trading day, and in such case the warrants will expire on the 30 th day after the date on which such news release is disseminated.

The units were sold to purchasers pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106, Prospectus Exemptions, and therefore the securities issued to such purchasers are not subject to a hold period pursuant to applicable Canadian securities laws.

At the closing of the offering, the company paid certain finders cash commissions of $21,478.50, equal to 6.0 per cent of the gross proceeds of the offering, resulting from purchasers introduced by such finders. The company plans to allocate the net proceeds of the offering for projected capital expenditures and for general working capital purposes to meet strategic objectives and commitments, including the acceleration of the production ramp-up of the new Hawkesbury TDP (thermal decomposition process) facility, and the initial planning, preparation and legal expenses of the project in Shamrock, Texas. The offering is subject to final approval of the TSX Venture Exchange.

The company remains focused on its mission to deploy its cutting-edge technology that transforms waste into valuable resources, contributing to a circular economy and reducing environmental impact.

Current events:

• New Ecolomondo podcast available: The company's executive chairman, Eliot Sorella, recently participated in a podcast in the series Stock to Watch. The video is available on Youtube and Spotify.
• Nominated for the 2025 Recircle Awards: Ecolomondo has been nominated as finalist at the 2025 Recircle Awards for the Tire Pyrolysis Award. The Recircle Awards is a global event designed to recognize the contribution of companies and individuals within the tire manufacturing, retreading and recycling industries toward the circular economy. The winners of the fourth Recircle Awards will be announced in a live ceremony on May 22, 2025, at the Future of Retreading and Recycling Conference, in Italy.

About Ecolomondo Corp.

Ecolomondo, headquartered in Quebec, is a Canadian cleantech company that takes pride in its proprietary TDP technology. 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 cleantech space and be an active contributor to the global circular economy. Ecolomondo trades in Canada on the TSX Venture Exchange under the symbol ECM and in the United States under the symbol ECLMF.

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