Mr. Soumik Roy reports

CO2 GRO'S TECHNOLOGY RECEIVES A BOOST FROM COP28 SUSTAINABLE AGRICULTURE DECLARATION

At COP28, 134 nations with 5.7 billion people committed to the COP28 Declaration on Sustainable Agriculture, Resilient Food Systems, and Climate Action. This is the globe's first commitment at a COP Summit to support sustainable agriculture science and evidence-based innovations and resilience in agriculture. It presents a tremendous opportunity for CO2 Gro Inc.'s proven commercial precision agriculture technology to be rapidly expanded and deployed worldwide.

The company's increasingly dynamic technology is designed to consistently and sustainably boost crop yields by up to 30% at existing grow facilities not using CO2 with a minimal carbon footprint impact. For the few greenhouses in cold countries that can use CO2, the Company's technology can cut up to 95% of their CO2 use and create carbon credits while doing so.

Key Features of CO2 GRO's Technology:

Enhanced Crop Yields: CO2 GRO's technology sharply increases plant growth rates and crop yields at existing protected grow facilities, crucial to meeting global food demands for an ever-increasing global population. Use of our technology creates a more resilient food system as outlined in the COP28 Declaration.

Natural and Sustainable Solution: Our technology creates natural photosynthetic enrichment for crops by applying dissolved CO2 in light, intermittent misting. This approach aligns with the Declaration's emphasis on sustainable agricultural practices.

Climate Action Compatibility: CO2 GRO's technology boost agricultural productivity in a compatible way with the COP28 climate action goals. By optimizing existing grow facilities, our technology contributes to a reduction in agriculture's carbon footprint while boosting yields.

Adaptability and Resilience: Our technology is adaptable to all climatic conditions and agricultural settings while CO2 gassing (dosing) is not. It is therefore a much more versatile and efficient tool in building global and regional climate-resilient food systems. as stated in this COP28 Declaration.

Economic Benefits for Farmers: By increasing crop yields and reducing input costs, CO2 GRO's technology typically offers two-year paybacks to protected growers buying our technology and similar added value renting or buying our technology over a long-term contract (Pay for Use). This supports the Declaration's objective of sustainable economic growth within the agricultural sector.

A Commitment to a Sustainable Future:

CO2 GRO is committed to playing a pivotal role in the global effort to create and support sustainable and resilient agricultural systems. The company's technology offers a practical and effective solution to some of the most pressing challenges faced by the agricultural sector today.

CO2 GRO's VP Sales, Aaron Archibald commented, "As 134 nations have rallied behind this COP28 Declaration focusing on agriculture, we stand ready to contribute our expertise and technology to ensure that protected agriculture not only consistently feeds the world but does so in a sustainable, resilient, way in harmony with our planet's health, while providing economic benefit to farmers, communities and nations."

For more information and to explore how CO2 GRO is contributing to a greener future in agriculture, visit https://co2gro.ca (English) or https://es.co2gro.ca (Spanish)

About CO2 GRO Inc.

CO2 GRO Inc. is a precision ag-tech, clean-tech company with a focus on People, the Planet and Prosperity. Our vision is to become one of the leading companies enhancing global food production from protected agriculture. By helping our customers sustainably increase yield and profitability, we could help feed up to half a billion people worldwide while reducing our customers' ecological footprint. Check out our webinar, corporate updates, and ESG report.About 300 million MT of fruit and vegetables are grown annually from about 5 million hectares of protected vegetable facilities globally (6 kg/m2/year of average production). A 30% yield increase using our technology could add up to 100 million MT of fruits and vegetables per year. The US Centers for Disease Control and Prevention recommends annual fruit and vegetable consumption of up to 200 kg per year per adult.

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