Mr. Justin Cochrane reports

CARBON STREAMING ANNOUNCES EXECUTIVE LEADERSHIP CHANGES

As part of Carbon Streaming Corp.'s leadership succession plan, Michael Psihogios, the company's current chief investment officer, has been promoted to president and chief executive officer, and Justin Cochrane, the company's current chief executive officer, will shift to the role of founder and executive chair, effective immediately.

"Michael is an exceptional leader and has guided the company's investment team over the last couple of years as we grew our project portfolio to 23 projects spanning 12 countries," said Mr. Cochrane. "I'm excited for Michael to lead Carbon Streaming into its next phase of growth and success, and very much look forward to working closely together to create value for all stakeholders as we continue to advance global climate action."

Mr. Psihogios is a highly experienced executive with a proven record spanning nearly 20 years of leading companies through transformational growth, M&A (mergers and acquisitions), restructuring, and corporate finance transactions. Before joining Carbon Streaming in June, 2021, Mr. Psihogios was the chief financial officer of DUMAS, a specialized global construction and engineering firm, and also previously worked with an international private equity fund on numerous executive and corporate development secondment roles within portfolio companies, as well as in investment banking with National Bank Financial in the M&A group.

"I am honoured and excited for this opportunity to lead Carbon Streaming into the next chapter," said Mr. Psihogios. "Together, we will continue to execute on Carbon Streaming's strategy of being a long-term partner for high-integrity carbon credit projects that generate positive impacts on the environment, local communities and biodiversity. Building on our strong foundation, I look forward to further positioning the company for stakeholder value creation and focus on cash flow generation."

Mr. Cochrane will work closely with Mr. Psihogios over the next several months to ensure a seamless transition. As executive chair, Mr. Cochrane will be responsible for providing leadership to the board and ensuring continuing strong governance, while actively supporting management's execution of Carbon Streaming's long-term strategic vision focused on charting the company's growth.

With Mr. Cochrane taking on the role of executive chair, Maurice Swan, the current chairman of the board of directors, will assume the role of lead director to ensure the board continues to operate independently.

In addition to the above changes, Carbon Streaming is taking steps to reduce its continuing general and administrative (G&A) expenses. As a result, the company is also announcing that Geoff Smith, president and chief operating officer, Andrea Cheung, vice-president of investor relations, and Amy Chambers, director of marketing, communications and sustainability, have left the company, effective immediately. "As we move into the company's next phase of growth, I would like to sincerely thank Mr. Smith, Ms. Cheung and Ms. Chambers for their dedication and contribution to the business over the last couple of years, as they've been instrumental in the success of the business to date," said Mr. Cochrane.

About Carbon Streaming Corp.

Carbon Streaming aims to accelerate a net-zero future. It pioneered the use of streaming transactions, a proven and flexible financing model, to scale high-integrity carbon credit projects to advance global climate action and additional United Nations Sustainable Development Goals. This approach aligns the company's strategic interests with those of project partners to create long-term relationships built on a shared commitment to sustainability and accountability and positions Carbon Streaming as a trusted source for buyers seeking high-quality carbon credits.

The company's focus is on projects that have a positive impact on the environment, local communities and biodiversity, in addition to their carbon reduction or removal potential. The company has carbon credit streams and royalties related to over 20 projects around the world, including high-integrity carbon removal and avoidance projects from nature-based, agricultural, engineered and community-based methodologies.

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