Mr. Jean-Francois Labbe reports

ECOLOMONDO ANNOUNCES ORDER APPROVING THE ASSET PURCHASE AGREEMENT

The Superior Court of Quebec (Commercial Division) has approved an asset purchase agreement dated Oct. 1, 2026, by and between KPMG Inc. (the monitor), acting in its capacity as monitor of the debtors (as defined below) for and on behalf of 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. (collectively with the company, the debtors) as vendors, and Tire Reviver Inc., as purchaser. The court's approval of the purchase agreement authorizes the sale of substantially all of the debtors' assets outside the ordinary course of business to the purchaser. The net proceeds from the sale will be distributed according to applicable legislation.

Additional information in respect of the Companies' Creditors Arrangement Act (CCAA) proceedings can be found 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.

About Ecolomondo Corp.

Ecolomondo, headquartered in Quebec, is a Canadian 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.

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