Mr. Justin Cochrane reports

CARBON STREAMING ANNOUNCES REDUCTION IN BOARD SIZE

As part of its continuing efforts to reduce costs, Carbon Streaming Corp. has reduced the size of its board of directors from eight to five directors. In connection with the decrease in size of the board, R. Marc Bustin, Saurabh Handa and Andy Tester have voluntarily resigned from the board, effective as of Jan. 3, 2024.

Maurice Swan, chair of the board, stated: "As part of the next phase of our previously announced restructuring plan, we recognized the opportunity to enhance the efficiency of our board by reducing its size. This smaller, more efficient board reflects the evolution of our cost-saving initiatives while maintaining the independence and experience needed to continue to position the company for success."

Mr. Swan continued: "Marc, Saurabh and Andy have been valuable members of the board, providing strong support throughout a period of exceptional growth at Carbon Streaming. On behalf of the board of directors and management, I thank them for their many contributions to the board and their commitment to Carbon Streaming. We wish Marc, Saurabh and Andy all the best in their future endeavours."

With these changes, the board now comprises five directors, of which three are independent. Concurrently with Mr. Bustin, Mr. Handa and Mr. Tester's resignations, Candace MacGibbon, current member of the audit committee, will serve as the chair of the audit committee, Alice Schroeder will serve as the chair of the compensation committee, and Mr. Swan will serve as chair of the new corporate governance, nominating and sustainability committee.

About Carbon Streaming Corp.

Carbon Streaming aims to accelerate a net-zero future. The company pioneered the use of streaming transactions, a proven and flexible financing model, to scale high-integrity carbon credit projects to advance global climate action and additional United Nations Sustainable Development Goals. This approach aligns Carbon Streaming's strategic interests with those of project partners to create long-term relationships built on a shared commitment to sustainability and accountability and positions Carbon Streaming as a trusted source for buyers seeking high-quality carbon credits.

The company's focus is on projects that have a positive impact on the environment, local communities and biodiversity, in addition to their carbon reduction or removal potential. The company has carbon credit streams and royalties related to over 20 projects around the world, including high-integrity removal, reduction and avoidance projects from nature-based, agricultural, engineered and community-based methodologies.

We seek Safe Harbor.