Ms. Audrey Mascarenhas reports

QUESTOR APPOINTS AUDREY MASCARENHAS PRESIDENT AND CHIEF EXECUTIVE OFFICER

Questor Technology Inc. has appointed Audrey Mascarenhas, FCAE, PEng, as president and chief executive officer, effective immediately. Ms. Mascarenhas succeeds Mike Lindsay, who served as interim president and chief executive officer since April, 2026.

Ms. Mascarenhas has been with Questor since 1999 and has spent more than 25 years developing and commercializing its clean combustion technology and continues to grow its role in effective emissions reduction for the oil and gas, energy, industrial, and municipal sectors. She served as president and chief executive officer from 2005 to April, 2026. Before Questor, she spent 17 years at Gulf Canada Resources (1982 to 1999) in upstream exploration and corporate transactions, giving her more than four decades of experience in the energy industry. She is a professional engineer with deep experience in commercializing clean technology, serving international energy markets, and TSX Venture Exchange governance and disclosure, including her board experience at TMX Group Ltd.

"Questor's technology has a strong track record in achieving unprecedented performance, and interest from our global and local clients remains high. My priority is to bring value-add solutions to our clients, with disciplined execution and a clear focus on clients who value what we do. I am grateful to the shareholders and employees who continue to support the company, and I look forward to getting back to work," said Ms. Mascarenhas.

The company's annual general meeting, originally scheduled for June 24, 2026, was rescheduled to June 15, 2026, and subsequently postponed despite indications from the proxy tally that shareholders wanted a change. The meeting was finally held on Sept. 9, 2026, and shareholders again voted for a change in board composition. The company incurred significant costs associated with the proxy contest and related proceedings. The company's new board is aligned with and invested in Questor's success and, with the leadership transition complete, is focused on disciplined execution, commercial growth and long-term value for shareholders.

Questor now moves forward with renewed focus on its global and local opportunities. Discussions with Tier 1 clients have resumed following Ms. Mascarenhas's return, and the Board and management believe the company is well positioned to convert this renewed engagement into long-term growth for shareholders.

About Questor Technology Inc.

Questor Technology, incorporated in Canada under the Business Corporations Act (Alberta), is an environmental emissions 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, 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 greater than 99.99-per-cent efficiency per its ISO 14034 certification.

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, 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.

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