Mr. Dan Sutton reports

SYNTHOLENE ENERGY CORP COMMENCES TRADING ON FRANKFURT STOCK EXCHANGE UNDER SYMBOL '3DD0'

Syntholene Energy Corp.'s common shares have been approved for listing and have commenced trading on the Frankfurt Stock Exchange (Frankfurter Wertpapierborse) under the trading symbol FSE: 3DD0. The Frankfurt co-listing is intended to broaden the company's European investor audience and increase visibility within one of the world's most important clean energy and synthetic sustainable aviation fuel (eSAF) markets.

The Frankfurt Stock Exchange is one of the largest and most liquid securities markets in Europe, and serves as a primary access point for European institutional and retail investors. The company's primary listing remains on the TSX Venture Exchange under the symbol ESAF.

"Listing on the Frankfurt Stock Exchange is a strategically important step for Syntholene," stated Syntholene chief executive officer Dan Sutton. "Europe is the centre of global eSAF and e-fuel markets today through its mandated demand and policies encouraging market growth. Providing European investors with direct access to our shares aligns our capital markets strategy with the strongest structural tailwinds for eSAF. We view this as a natural extension of our TSX-V listing and a foundation for long-term engagement with European stakeholders as we drive deployment of production infrastructure within the European Economic Zone."

Syntholene believes the Frankfurt co-listing supports the company's presence and investor access in Europe, which is an important market for eSAF. The European Union's ReFuelEU Aviation Regulation mandates rising sustainable aviation fuel blending requirements across all major EU and European Economic Zone airports beginning in 2025 (EASA). These binding requirements, combined with targeted eSAF subsidies of up to six euros per litre (Reuters) for qualifying synthetic fuels, create one of the world's most robust and durable demand frameworks for producers of next-generation e-fuels.

E-fuel market

Synthetic aviation fuel is a clean, drop-in-ready jet fuel made from renewable power, green hydrogen and captured CO2 (carbon dioxide), offering up to 90-per-cent-lower life cycle emissions and helping airlines meet global decarbonization mandates without changing their aircraft engines or retrofitting.

The broader global aviation fuel market size was valued by Fortune Business Insights at $391.23-billion (U.S.) in 2023 and is projected to grow from $431.70-billion (U.S.) in 2024 to $819.73-billion (U.S.) by 2032, exhibiting a CAGR (compound annual growth rate) of 8.35 per cent during the forecast period (Fortune Business Insights).

According to a report by MarketsandMarkets, the global sustainable aviation fuel market is projected to expand from an estimated $2.06-billion (U.S.) in 2025 to approximately $25.62-billion (U.S.) by 2030, representing a compound annual growth rate (CAGR) of about 65.5 per cent.

Within these projections lies the ReFuelEU Aviation Regulation, the European Union's landmark mandate requiring airlines and fuel suppliers to adopt sustainable aviation fuel (SAF) at all major EU and EU Economic Zone airports starting in 2025. The regulation sets binding, rising SAF blending requirements of 2 per cent in 2025, 6 per cent in 2030, 20 per cent in 2035 and up to 70 per cent by 2050, creating one of the world's largest guaranteed markets for clean jet fuel (EASA).

The EU has also paired this demand-side measure with a supply-side subsidy, offering up to six euros per litre to airlines that purchase eSAF specifically (Reuters). The combination of mandated demand and subsidized supply underscores the EU's seriousness about bolstering the rapid scale-up of eSAF production from producers like Syntholene.

About Syntholene Energy Corp.

Syntholene is actively commercializing its novel hybrid thermal production system for low-cost clean fuel synthesis. The target output is ultrapure synthetic jet fuel, manufactured at 70-per-cent-lower cost than the nearest competing technology today. The company's mission is to deliver the world's first truly high performance, low-cost and carbon-neutral synthetic fuel at an industrial scale, unlocking the potential to produce clean synthetic fuel at lower cost than fossil fuels, for the first time.

Syntholene's power-to-liquid strategy harnesses thermal energy to power proprietary integrations of hydrogen production and fuel synthesis. Syntholene has secured 20 megawatts of dedicated energy to support the company's upcoming demonstration facility and commercial scale-up.

Founded by experienced operators across advanced energy infrastructure, nuclear technology, low-emissions steel refining, process engineering and capital markets, Syntholene aims to be the first team to deliver a scalable modular production platform for cost-competitive synthetic fuel, thus accelerating the commercialization of carbon-neutral e-fuels across global markets.

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