Mr. Steve Harpur reports

PROGRESSIVE PLANET SOLUTIONS INC. PROVIDES UPDATE ON ANNUAL GENERAL MEETING

Further to the news release dated Nov. 20, 2024, due to the continuing Canada Post strike, the mailing of Progressive Planet Solutions Inc.'s management information circular, notice of meeting, proxy form or voting instruction form for the coming annual general meeting, to be held on Jan. 9, 2025, at 1:30 p.m., at Suite 700, 401 West Georgia St., Vancouver, B.C., may be delayed.

The company has satisfied all the conditions to rely, and is relying, on the exemption from the requirement under Canadian Securities Administrators' Co-ordinated Blanket Order 51-931 issued by the B.C. Securities Commission regarding temporary exemption from requirements in National Instrument 51-102 (Continuous Disclosure Requirements) and National Instrument 54-101 (Communication with Beneficial Owners of Securities of a Reporting Issuer) to send certain proxy-related materials during a postal strike.

At the meeting, shareholders will be asked to vote on the following matters, all as more particularly described in the materials:

• To fix the number of directors of the company for the ensuing year at four;
• To elect the four directors of the company for the ensuing year;
• To appoint the company's auditor for the ensuing year and to authorize the directors of the company to fix the remuneration of to be paid to the auditor;
• To consider and, if thought fit, to pass an ordinary resolution ratifying and approving the company's amended and restated stock option plan;
• To transact other such business as may properly come before the meeting.

Shareholders can retrieve electronic versions of the materials from the Progressive Planet website or at SEDAR+ under the profile for Progressive Planet, or may also reach out to the company at investors@progressiveplanet.com or by phone at 1-800-910-3072 to request copies of the materials be delivered directly to them by e-mail.

The company has satisfied all the conditions to rely on, and is relying on, the exemption provided by the blanket order from the requirement to send proxy-related materials to its shareholders.

Registered shareholders can reach out to Computershare at 1-800-564-6253 to request their individual control numbers required to vote their proxy.

Registered shareholders should vote by telephone or through the Internet as directed on the form of proxy no later than 48 hours (excluding Saturdays, Sundays and holidays) prior to the meeting. Beneficial owners can obtain a copy of the voting instructions form from their intermediary.

About Progressive Planet Solutions Inc.

Progressive Planet, a cleantech company based in Kamloops, B.C., is redefining sustainability with its products for a healthy planet. By leveraging owned mineral assets and recycled materials, it develops patented and patent-pending innovations that promote a healthier planet.

Its C-Quester Centre of Sustainable Solutions leads advancements in low-carbon cement technologies while its second on-site lab focuses on sustainable solutions for agriculture and animal care. Progressive Planet's products are proudly available in over 10,000 retail locations across North America.

We seek Safe Harbor.