Mr. Jeff Ciachurski reports

GREENBRIAR ANNOUNCES GOVERNING BOARD APPROVAL AND SUBMISSION BY PREPA OF SETTLEMENT PRICING AGREEMENT TO THE PUERTO RICO ENERGY BUREAU

The Puerto Rico Energy Power Authority (PREPA) has formally approved a settlement agreement with Greenbriar Sustainable Living Inc.'s wholly owned subsidiary PBJL Energy Corp., and approved the pricing terms that has now been submitted to the Puerto Rico Energy Bureau (PREB) to continue with the approval process and, only if eventually necessary, to the Financial Oversight and Management Board (FOMB).

Per the terms of the settlement agreement, PBJL will receive a rate of 9.85 U.S. cents per kwh (kilowatt-hour), with increases of 0.5 cent per year capped and/or never to exceed 11.5 U.S. cents per kwh.

Greenbriar has a project level lender who can provide debt financing for this project at the non-dilutionary project level. The project is 80 MWac (megawatts alternating current) and sized at 160 MWdc (megawatts direct current) to annually produce 280 million kwh per year with a minimum contract life of 25 years. The United States federal government provides a fully fungible 30-per-cent federal tax credit with an additional 10 per cent to total 40 per cent of the total capital costs if at least 40 per cent of the materials are U.S. made.

About Greenbriar Sustainable Living Inc.

Greenbriar is a leading 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 assets directed at accretive shareholder value.

We seek Safe Harbor.