Mr. Jeffrey Ciachurski reports

PUERTO RICO ENERGY BUREAU ACCEPTS DISMISSAL OF THE GREENBRIAR PREPA CASE AND RETAINS JURISDICTION FOR ENFORCEMENT OF THE SETTLEMENT AGREEMENT

Both Greenbriar Sustainable Living Inc. and the Puerto Rico Electric Power Authority (PREPA) have filed a joint motion to submit settlement agreement to the Puerto Rico Energy Bureau (PREB). In the motion, the parties submitted the settlement agreement between PREPA and PBJL (Greenbriar) requesting that judgment be entered pursuant to the settlement agreement, and that the above-mentioned case be closed with prejudice and for the Puerto Rico Energy Bureau to retain jurisdiction for the enforcement of the settlement agreement. On Dec. 19, 2024, PREB accepted the voluntary dismissal and orders the closing of this case, with prejudice.

Of special note is the fact the PREB will enforce the settlement agreement.

The company is thrilled that the Puerto Rico Energy Bureau will enforce the settlement agreement and any amendments requiring commercial adjustments reside within the discretion of Cliff Webb and Luis Baco to file from time to time the modifications as required.

As previously disclosed, Luis Baco, the company's legal counsel in both Puerto Rico and Washington, D.C., has served for many years as the chief of staff to the incoming new governor of Puerto Rico. The company expects a successful closing.

About Greenbriar Sustainable Living Inc.

Greenbriar is a developer of sustainable real estate and renewable energy. With long-term, high-impact projects and led by a successful industry-recognized operating and development team, Greenbriar targets deep-valued sustainable assets directed at accretive shareholder value.

We seek Safe Harbor.