Mr. P. Peter Pascali reports

PYROGENESIS DELIVERS NEW TECHNOLOGY TO CONVERT CONTAMINATED BIOMASS TO SYNGAS

PyroGenesis Inc. has arranged a collaborative project to convert contaminated biomass into syngas with its client, Innofibre -- Centre d'innovation des produits cellulosiques, a CCTT (college centre for the transfer of technologies) at the Cegep de Trois-Rivieres. The CCTT is focused on the paper and biorefining industry in Quebec. PyroGenesis's technology was included during the launch of Innofibre's new $14-million pilot and precommercial facility. The centre is the only one of its kind in North America equipped to operate under conditions mimicking those of industrial production. The goal of Innofibre's facility is to accelerate the development and commercialization of innovative solutions related to the forest industry and agricultural biomass (including, but not limited to, bio-based products, biomaterials, biochar, waste valorization and decarbonization, and tailings recovery).

The official opening of the facility included speeches by Jean Boulet, Quebec's Minister of Labour and MNA for Trois-Rivieres, representatives from funding partners Canada Economic Development and the Fonds du Grand Mouvement Desjardins, and Jean-Philippe Jacques, general manager of Innofibre. Attending for PyroGenesis were Jean-Rene Gagnon, director of engineering, Jenosan Annamalai, process engineer, and Yves Bilien, project manager for high-temperature processes and thermal plasma.

The system delivered by PyroGenesis will convert contaminated biomass to synthesis gas (syngas). Biomass is organic material from plants and animals, with the plant materials including wood chips, pellets, firewood and agricultural residues. Biomass-derived syngas reduces dependence on fossil fuels while supporting decarbonization efforts and the achievement of global climate objectives. The inclusion and successful treatment of contaminated biomass increases the overall amount of biomass feedstock available for syngas production. Contaminated biomass can contain paint, solvents, and a variety of other chemicals and materials such as melamine that can get mixed into biomass in landfills or were added to wood products during manufacturing and prior to being recycled. PyroGenesis's high-temperature waste-to-energy gasification technology allows for the treatment of contaminants in the produced syngas. The syngas can be used to generate electricity or in the production of a variety of products, including chemicals and fertilizers, methanol, ammonia, synthetic fuels such as renewable diesel and gasoline, and others.

"Congratulations to the Innofibre team on the opening of their important new facility," said P. Peter Pascali, president and chief executive officer of PyroGenesis. "This centre of excellence is vital to the commercialization of Quebec-based innovations for the bioeconomy, decarbonization and forestry sectors. We look forward to a continued partnership with Innofibre to help bring new technologies and products to global markets while also helping to make a greener economy."

About PyroGenesis Inc.

PyroGenesis leverages 35 years of plasma technology leadership to deliver advanced engineering solutions to energy, propulsion, destruction, process heating, emissions and materials development challenges across heavy industry and defence. Its customers include global leaders in aluminum, aerospace, steel, iron ore, utilities, environmental services, military and government. From its Montreal headquarters and local manufacturing facilities, PyroGenesis's engineers, scientists and technicians drive innovation and commercialization of energy transition and ultrahigh-temperature technology. PyroGenesis's operations are ISO 9001:2015 and AS9100D certified, with ISO certification maintained since 1997. PyroGenesis's shares trade on the Toronto Stock Exchange (symbol: PYR), the OTCQX (symbol: PYRGF) and the Frankfurt Stock Exchange (symbol: 8PY1).

We seek Safe Harbor.