Mr. Ryan Jackson reports

ESKER INFRASTRUCTURE CORP. (FORMERLY CIELO WASTE SOLUTIONS CORP.) COMPLETES NAME CHANGE TO REFLECT ITS STRATEGY AS A LOW-CARBON ENERGY INFRASTRUCTURE PLATFORM

Esker Infrastructure Corp. (formerly Cielo Waste Solutions Corp.) has changed its name to Esker Infrastructure Corp., effective Sept. 25, 2026, marking the final step in a year-long strategic transformation from a technology developer into a project developer. The name change reflects the company's previously disclosed strategic direction and business activities -- specifically, its deliberate shift away from developing proprietary technology and toward originating, structuring and financing infrastructure projects built on proven, third party technologies.

The TSX Venture Exchange has conditionally approved the company's name change. The company expects its common shares to begin trading on the TSX-V under the new name and ticker symbol ESKR and on the OTCQB under the ticker symbol ESKRF at the opening of trading on Oct. 2, 2026. The company's new Cusip number will be 29643A109, and its new ISIN will be CA29643A1093. The company's listed common share purchase warrants issued in July, 2022, and expiring in July, 2027, are expected to begin trading under the new symbol ESKR.WT also at the opening of trading on Oct. 2, 2026. The warrants will have the new Cusip number 29643A117 and ISIN CA29643A1176.

Why Esker

An esker is a ridge formed by water flowing beneath a glacier that creates a durable path through the landscape -- a structure that outlasts the system that created it.

"Our new name reflects our strategy," said Ryan C. Jackson, chief executive officer. "We are a company that originates, structures and finances long-term, low-carbon energy infrastructure. We develop projects that are built to last."

Esker's strategy

Over the past year, the company has systematically repositioned its business model to focus on project origination and development rather than technology innovation. This transition has been supported by a renewed executive team and board of directors, a risk-gated framework for capital deployment and a disciplined project development process designed to support sustainable, long-term growth. Together, these changes represent a comprehensive realignment of the company's strategy, governance and operational approach. The name change is the final chapter in that transition.

Esker's inaugural project, Project Nahoonai, is expected to be executed in several phases across multiple sites in British Columbia, subject to meeting the criteria required to structure a financeable project at each site, and is currently in a prefinal investment decision stage.

"The name change is a change in identity, not in direction," added Mr. Jackson, "the strategy that has guided our recent executive and board appointments -- building the team and the platform needed to originate, structure and finance a pipeline of projects."

No action required

The name change will not result in a change to the company's business, affairs, or issued and outstanding share capital. Existing share certificates representing common shares of the company are expected to remain valid, and shareholders are not expected to be required to exchange their share certificates.

Other than the change in the company's name and trading symbols described above, shareholders are not required to take any action as a result of the name change.

About Esker Infrastructure Corp.

Esker (formerly Cielo Waste Solutions) is a project development company advancing sustainable aviation fuel and other low-carbon energy projects. Esker combines strategic feedstock partnerships with proven third party technologies to develop a scalable pipeline of waste-to-fuel projects, anchored by its flagship Project Nahoonai in British Columbia.

We seek Safe Harbor.