Mr. Marin Katusa reports

CARBON STREAMING CLOSES COMMUNITY CARBON SALE AND PROVIDES CORPORATE UPDATES

Carbon Streaming Corp. has completed the previously announced transaction with Community Carbon and UpEnergy Group, and has received the full sale amount of $6.0-million (U.S.) in connection with the sale of credits, termination of the Community Carbon stream and the transfer of the company's remaining portfolio of carbon credits.

On closing, the escrowed funds of $3.65-million (U.S.) were released to the company. Together with the $2.35-million (U.S.) previously received directly from a third party purchaser, as announced on Oct. 1, 2026, the company has received the total consideration of $6.0-million (U.S.).

Upon release of the escrowed funds, the Community Carbon stream and the related agreements were terminated, the documents permitting the release of security granted in favour of the company were released from escrow and discharged, and the parties granted mutual releases of all future obligations between them. The company has transferred its remaining inventory of carbon credits under the Community Carbon stream to the UPE parties.

Under the terms of the termination agreement, the UPE parties are responsible for payment of the share of proceeds payable to the government of Tanzania, equal to 8 per cent of the proceeds of the sales of Tanzanian cookstove carbon credits described above, including the credits sold by the company.

Following completion of the transaction, the company holds $43.9-million (Canadian) and $11.3-million (U.S.) in cash as at Oct. 6, 2026. The company currently has 49,059,053 common shares outstanding and no warrants. Carbon Streaming's remaining portfolio consists of four carbon credit streaming and royalty investments, which are the Azuero reforestation stream, the Nalgonda rice farming stream, the Enfield biochar stream and royalty, and the Waverly biochar stream and royalty.

Marin Katusa, chief executive officer, stated: "The company will continue to focus our resources on maximizing value for shareholders from our existing portfolio and fully pursue the recovering of assets through ongoing litigation.

"In line with this commitment to shareholders, we have filed a statement of claim against certain former executives, board members, consultants and associated entities to hold the defendants accountable for actions that have caused financial harm to the company, as outlined in the lawsuit. While certain defendants have filed counterclaims, we believe these to be without merit and have filed a defence to these counterclaims to vigorously defend our position.

" The company will continue to evaluate acquisitions, divestments, corporate transactions, financings and other strategic partnership opportunities that will result in maximizing shareholder value."

About Carbon Streaming Corp.

Carbon Streaming's focus is to maximize value for its shareholders by optimizing its current portfolio of projects.

We seek Safe Harbor.