Mr. Jeff MacDonald reports

ECOSYNTHETIX ANNOUNCES COMMISSIONING OF NEW MANUFACTURING LINE IN BURLINGTON

EcoSynthetix Inc. has successfully completed and commissioned a new production line at its Centre of Innovation in Burlington, Ont. The new production line replaces an older line EcoSynthetix used for North American production, operated by a supplier in Tennessee whose contract expired at the end of 2023.

"The new line provides us greater control and flexibility as we pursue growth opportunities in the tissue, packaging and pulp vertical, and the wood composites and personal care end-markets," said Jeff MacDonald, chief executive officer of EcoSynthetix. "We successfully completed the installation below budget and we are now running commercial-scale volumes on it. As we work with a growing customer base across a wider range of products, end-to-end control of our North American production improves our ability to meet the needs of our customers. The project also demonstrates how efficiently we can scale the business with new manufacturing capacity as demand in the market expands for our bio-based, low-carbon solutions."

EcoSynthetix invested approximately $1.8-million in the new equipment and minor alterations to its existing facility in Burlington, net of $500,000 received from the sale of redundant assets. The new line will primarily serve customers in the Americas. The company's production assets at its toll manufacturing partner's facility in Oosterhout, the Netherlands, will continue to be the primary supplier of demand in Europe and Asia.

About EcoSynthetix Inc.

EcoSynthetix offers a range of sustainable engineered biopolymers that allow customers to reduce their use of harmful materials, such as formaldehyde and styrene-based chemicals. The company's flagship products, DuraBind, Surflock, Bioform and EcoSphere, are used to manufacture wood composites, personal care, paper, tissue and packaging products, and enable performance improvements, economic benefits and carbon footprint reduction. The company is publicly traded on the Toronto Stock Exchange.

We seek Safe Harbor.