Mr. Steve Harpur reports

PROGRESSIVE PLANET CONTINUES SHARE BUYBACK PROGRAM

Progressive Planet Solutions Inc. has provided an update on its third month of the normal course issuer bid activity.

On June 3, 2024, Progressive Planet announced that the TSX Venture Exchange had accepted its notice to proceed with a normal course issuer bid.

During the month of August, the company purchased 531,000 shares for cancellation, at an average purchase price of 9.04 cents per share.

"In August, we continued buying back shares using the approved normal course issuer bid program. Since the NCIB commenced in June, 2024, we have bought back over two million shares. The ability to buy back shares from voluntary sellers at below book value per share continues to add value to the remaining shareholders," stated Steve Harpur, chief executive officer. "August's continued buyback activities reflect leadership's confidence in Progressive Planet's present and future."

With the cancellation of the 2,039,000 shares, the total shares outstanding now stands at 110,457,943.

About Progressive Planet Solutions Inc.

Progressive Planet, a manufacturing company operating out of Kamloops, B.C., is reimagining what is possible when people prioritize the planet's health. The company's expertise lies in developing products using its owned mineral assets and recycled materials to create products for a healthy planet.

Progressive Planet's C-Quester Centre of Sustainable Solutions is proudly disrupting the cement industry and is home to the company's cement lab. Progressive Planet's second lab on site is geared toward developing products for the agricultural and animal care industries. The company's product lines include patented and patent-pending products, which are developed with the express intent of promoting a healthy planet using naturally occurring minerals and the urban mining of recycled materials. Progressive Planet's products are found in over 10,000 retail stores across North America.

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