Mr. Jean-Francois Labbe reports

AMENDED AND RESTATED INITIAL ORDER UNDER THE CCAA

The Superior Court of Quebec (Commercial Division) has issued an amended and restated initial order (ARIO) with respect to Ecolomondo Corp. and its wholly owned subsidiaries, Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Quebec Inc. and Ecolomondo Advanced Carbon Technologies Inc., under the Companies' Creditors Arrangement Act (CCAA). The ARIO namely provides:

• Extended powers in favour of the monitor, as further set out in the ARIO;
• An extension of the stay of proceedings in favour of the company and its subsidiaries up and until June 22, 2026, providing KPMG Inc. (the monitor) with additional time to identify and finalize the restructuring measures to be implemented regarding the affairs and operations of the company and its subsidiaries, as well as the sale and investment solicitation process with respect to the business and assets of the company and its subsidiaries;
• Certain relief in respect of the company's reporting obligations, which, if implemented, will limit the required financial resources and manpower required to comply with onerous reporting requirements under securities legislation;
• Relief regarding certain requirements under the applicable corporate legislation in relation to holding shareholder and/or board meetings.

A copy of the ARIO, along with additional information in respect of the CCAA proceedings, will be available shortly on the monitor's website. Readers are encouraged to consult the full text of the documents for further details. Further news releases will be provided during the CCAA proceedings as required by law and applicable securities regulations, or as determined necessary by the company or the court.

The company also announces that Lynn Cote has resigned from the company's board of directors, effective May 29, 2026.

About Ecolomondo Corp.

Ecolomondo, headquartered in Quebec, is a Canadian cleantech (clean technology) company focused on its proprietary thermal decomposition process (TDP) technology, which recovers high-value commodities from scrap tire waste, including recovered carbon black (rCB), tire-derived oil (TDO), syngas, fibre and steel.

We seek Safe Harbor.