Mr. Aly Sumarreports

QUESTOR POSTPONES ITS ANNUAL GENERAL MEETING AND ANNOUNCES STATEMENT OF CLAIM FILED BY FORMER PRESIDENT AND CEO

Questor Technology Inc. has postponed its annual general meeting, originally scheduled for June 15, 2026, at 1 p.m. MDT. This decision has been made as a result of a delay in the meeting materials being filed on SEDAR+ due to an inadvertent error by the third party service provider engaged by Questor to conduct such filings, and concerns that some shareholders have not received the meeting materials mailed to them.

The meeting is also being postponed due to legal proceedings initiated on June 8, 2026, by the company's former president and chief executive officer, Audrey Mascarenhas, whose employment was terminated, effective April 20, 2026. Ms. Mascarenhas has filed a statement of claim at the Court of King's Bench of Alberta against the company, each independent director of the company's board of directors and the company's chief financial officer for wrongful termination. The independent directors and management dispute the allegations and intend to respond accordingly.

The meeting will be rescheduled for a date as soon as reasonably practicable, and by no later than Sept. 24, 2026, in accordance with applicable corporate and securities laws. The company will issue and file a new notice of meeting, management information circular and other proxy materials to its shareholders in compliance with the timing, delivery and other requirements under applicable laws to ensure shareholders have sufficient time and information to make informed voting decisions at the rescheduled meeting.

About Questor Technology Inc.

Questor, incorporated in Canada under the Business Corporations Act (Alberta), is an environmental emission reduction technology company founded in 1994, with global operations. The company is focused on clean air technologies that safely and cost-effectively improve air quality and support energy efficiency and greenhouse gas emission reductions. The company designs, manufactures and services high-efficiency clean combustion systems that destroy harmful pollutants, including methane, hydrogen sulphide gas, volatile organic hydrocarbons, hazardous air pollutants and BTEX (benzene, toluene, ethylbenzene and xylene) gases within waste gas streams at greater than 99.99-per-cent efficiency per its ISO 14034 certification. This enables its clients to meet emission regulations, reduce greenhouse gas emissions, address community concerns and improve safety at industrial sites.

The company also has proprietary heat-to-power generation technology and is currently targeting new markets, including landfill biogas, syngas, waste engine exhaust, geothermal and solar, and cement plant waste heat in addition to a wide variety of oil and gas projects. The combination of Questor's clean combustion and power generation technologies can help clients achieve net-zero emission targets for minimal cost. The company is also doing research and development on data solutions to deliver an integrated system that amalgamates all the emission detection data available to demonstrate a clear picture of the site's emission profile.

The company's common shares are traded on the TSX Venture Exchange under the symbol QST.