Mr. Michael Boyd reports

CO2 GRO INC. PROVIDES UPDATE AND ANNOUNCES DIRECTOR RESIGNATIONS

Samuel Kanes, Tom Wiltrout, Rose Marie Gage and Gordon Surgeoner have resigned from CO2 Gro Inc.'s board of directors. Mr. Surgeoner and Ms. Gage were members of the special committee that was struck by the board and announced in its press release dated April 26, 2024. Michael Boyd remains as the only member of the committee.

The company was unsuccessful in raising further debt or equity capital and has consequently had to suspend operations. The company continues to search for interested parties to assume control of the company or purchase its assets. Until a transaction can be concluded, the current cease trade order will remain in effect.

About CO2 Gro Inc.

CO2 Gro is a precision agricultural technology, clean technology company with a focus on people, the planet and prosperity. The company's vision is to become one of the leading companies enhancing global food production from protected agriculture. By helping its customers sustainably increase yield and profitability, CO2 Gro could help feed up to half a billion people worldwide while reducing its customers' ecological footprint.