Mr. Steve Harpur reports

PROGRESSIVE PLANET GEARS UP FOR COMMERCIALIZATION OF LOW CARBON INNOVATIONS BY NAMING STEVE GURNEY PRESIDENT

Progressive Planet Solutions Inc. has optimized its leadership team by appointing Steve Gurney as its president, as it enters the commercialization phase of low-carbon and carbon sequestering innovations for the cement and agriculture industries.

Mr. Gurney was previously president of Progressive Planet Products Inc., the company's wholly owned manufacturing subsidiary, and brings 33 years of experience within operations that scaled from start-up to production of millions of packaged products annually. Mr. Gurney steps into an expanded role as president of the parent company.

The move comes following Progressive Planet announcing it will break ground on a PozGlass 100G pilot plant in 2023, and scale manufacturing operations for Carbon PK natural fertilizer in 2024. PozGlass replaces cement, sequesters CO2 (carbon dioxide) and is made from postconsumer glass diverted from landfills using a patent-pending process. Carbon PK's proprietary formulation is reducing fertilizer application by 50 per cent on 617 acres in Western Canada in 2023. As president, Mr. Gurney will use his extensive experience to lead the expansion of both technologies.

Concurrently, Progressive Planet announces the appointment of Ian Grant as vice-president of strategy and investor relations. Mr. Grant, previously chief operating officer, shifts his focus externally while remaining a key part of the leadership team.

As part of completing annual reviews, the company announces that the board of directors has granted a total of 1.6 million stock options to directors, officers and insiders of the company, exercisable at 27.5 cents for a period of three years. All options were granted in accordance with the company's stock option plan.

"Progressive Planet has now entered into an aggressive commercialization phase of major cement and agricultural innovations," said Steve Harpur, Progressive Planet chief executive officer.

Mr. Harpur added: "At the same time, we are committed to increasing investor awareness and delivering shareholder value. Moving Steve and Ian into their new roles sets up Progressive Planet towards success on both fronts."

About Progressive Planet Solutions Inc.

Progressive Plant is a cleantech and manufacturing company based in Kamloops, B.C., in the heart of some of Canada's richest volcanic fields, which are the prime ingredient of its innovations. The company's expertise lies in merging CleanTech with ancient volcanic ash and recycled minerals to create planet-friendly products that fight climate change and protect the planet's health.

Progressive's products are in 10,000-plus retail stores across North America. Its innovations, created at the company's C-Quester centre of sustainable innovation, bring positive disruption to the cement, agricultural and animal-care sectors by creating products that help reduce carbon footprints and restore ecosystems.

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