To: Goose94 who wrote (173881 ) 8/13/2024 9:07:50 AM From: Goose94 Read Replies (1) | Respond to of 203674 CVW CleanTech (CVW-V) Diversifies Technology Exposure To Accelerate Cash Flow Generation and Value Creation For Shareholders August 13th 2024 - NR We are excited to announce that the Company is entering into a $14 million royalty agreement with Northstar Clean Technologies (“Northstar”). This represents CVW CleanTech’s first transaction within its strategy of diversifying its exposure to clean technologies and building a leading clean technology platform. We continue to focus on commercializing our 100% owned, ready-to-deploy Creating Value from Waste™ (“CVW™”) technology in the oil sands mining sector, which we believe will be a cornerstone asset within our portfolio. Diversifying our technology portfolio will accelerate cash flow generation and create value for shareholders. Northstar has developed a proprietary, patented technology to process end-of-life / waste asphalt shingles and extract liquid asphalt for use in new hot mix asphalt, shingle manufacturing, asphalt flat roof systems, and as aggregate and fiber for use in construction products and other industrial applications. After successful pilot plant operations in Delta, BC, construction is underway for Northstar’s first commercial facility in Calgary, Alberta, which is expected to process over 40,000 tonnes per year of waste shingles. CVW CleanTech’s $14 million investment is initially in a debenture instrument that will convert into a 12+% revenue royalty on Northstar’s next two facilities. To fund the transaction with Northstar, CVW CleanTech is conducting a $15 million brokered private placement of common shares. The full press release, including additional details on the transaction, can be accessed at the following link: CVW CleanTech Announces Maiden Royalty Investment into Northstar Clean Technologies and $15 million Brokered Private Placement CVW CleanTech’s Diversification Strategy We are excited about the opportunities available to CVW CleanTech and its shareholders by creating diversified exposure to clean technologies through royalty structures. The global focus on energy transition and the circular economy have created a large opportunity set with significant capital requirements and attractive risk-adjusted return potential. Nevertheless, the Company and its Executive Team remain extremely focused in their pursuit of a CVW™ commercial deployment which has been advanced to the precipice of commercialization. By acquiring exposure to leading clean technologies in the broader commodity space, CVW CleanTech will build a diversified portfolio of cash flow streams helping drive long term value generation for shareholders. Specifically, the royalty structure can provide CVW CleanTech shareholders with high margin opportunities having attractive risk adjusted returns. We have assembled a robust opportunity pipeline of over $200 million in potential opportunities which provides a clear line of sight to achieving scale and diversification as the company reviews additional opportunities. Additional details of CVW CleanTech’s strategy and the significant opportunity for shareholders can be found by accessing the Company’s updated corporate presentation available at the following link: CVW CleanTech August 2024 Corporate Presentation Recent Media Coverage The Company and its proprietary CVW™ technology have recently been featured in multiple publications including the following: A full list of recent media coverage is available by using the following link: CVW™ Recent Media Coverage Thank you for your investment and trust. The Executive Team