BRIEF

on CO2 Gro Inc. (NASDAQ:BLONF)

CO2 GRO Inc. Announces Leadership Change with CEO John Archibald's Resignation

TORONTO, ON - CO2 GRO Inc., listed as TSXV:GROW, announced the resignation of its President, CEO, and Director, Mr. John Archibald. The company expressed its gratitude towards Mr. Archibald for his dedication and service, wishing him success in his future endeavors.

In response to the departure, the company's Board of Directors has initiated a search for a new CEO. They committed to providing updates in compliance with applicable securities laws as the selection process advances.

Previously, on April 26, 2024, CO2 GRO Inc. formed a committee of independent Board members which includes Rose Marie Gage, Gordon Surgeoner, and Michael Boyd. This committee will oversee strategic discussions potentially leading to partnerships or asset sales, aiming to guide the company through its next phase of strategic endeavors.

R. P.

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