Mr. Darren Seed reports

GREENLANE RENEWABLES ANNOUNCES MANAGEMENT AND BOARD OF DIRECTOR CHANGES

Greenlane Renewables Inc. has appointed Stephanie Mason as chief financial officer (CFO), effective Jan. 13, 2025.

Ms. Mason brings over 15 years of experience to her new role as Greenlane's CFO. Ms. Mason has been with Greenlane for over four years, most recently as director of finance following a promotion from corporate controller. Prior to working at Greenlane, Ms. Mason gained experience at other TSX-listed renewable energy companies managing teams responsible for financial reporting, regulatory compliance and other finance activities. Ms. Mason developed her strong accounting foundation at PricewaterhouseCoopers where she obtained her CPA, CA, designation.

"We are excited to welcome Stephanie into the role of CFO," said Brad Douville, chief executive officer of Greenlane Renewables. "Stephanie brings a depth of expertise in finance, reporting and operations and provides continuity in leadership at Greenlane. Transitioning overall financial leadership from Monty Balderston to Stephanie starting at the beginning of 2025 completes a planned succession as we continue to advance our strategic goals in the RNG space. During his tenure as CFO over the last couple of years, Monty has provided solid leadership of the finance function at Greenlane and played a pivotal role on the senior management team. I want to thank Monty for all of his contributions."

"I am honoured to become Greenlane's CFO. This is an organization recognized for its commitment to sustainability and innovation," stated Ms. Mason. "I look forward to contributing to the company's financial reporting strength and supporting its growth objectives."

Mr. Balderston will remain as CFO until voluntarily resigning effective Jan. 13, 2025. Mr. Balderston will support the transition to Ms. Mason upon her appointment, following which he will leave the company on Jan. 24, 2025.

Further to the management update announced on Aug. 23, 2024, Ian Kane will be completing his transitional role as president and will leave the company on Nov. 22, 2024, when he will step down from Greenlane's board of directors. The company wishes to thank Mr. Kane for all of his efforts in helping drive Greenlane's business plan.

About Greenlane Renewables Inc.

Greenlane is driving change: accelerating the energy transition to a net-zero emissions economy. It is cleaning up two of the largest and most difficult to decarbonize sectors of the global energy system: the natural gas grid and commercial transportation.