Progressive Planet Announces Change of Senior Management

/NOT FOR DISTRIBUTION IN THE USA/

Ian Grant Returning to School to Complete MBA

KAMLOOPS, Feb. 15, 2024 - Progressive Planet Solutions Inc. (TSXV: PLAN) (OTCQB: ASHXF) ("Progressive Planet", "PLAN", or the "Company"), a leader in developing CleanTech solutions for the planet, announces that Ian Grant, VP of Strategy and Investor Relations has left the company effective February 13, 2024.

Progressive Planet wishes to thank Ian for the effort and passion that he put into his career with the Company for the last three years and wishes him success with his recent enrollment into the MBA program of the University of Alberta.

"Although I do not envy Ian's return to school, I am excited to see him further his education. I wish to publicly acknowledge the three-year commitment that Ian gave to Progressive Planet. His expertise and passion to see low carbon footprint cements enter the market was of tremendous value to Progressive Planet," says Progressive Planet CEO Steve Harpur.

In a continued effort to remain focused on controlling costs and increasing cash flow, the Company will not replace Mr. Grant and his duties will be internalized to the remaining senior management team.

Progressive Planet provides regular information for investors on its website: progressiveplanet.com/investors/. This includes press releases and other information about financial performance, patents filed, and information on corporate governance.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

We are a CleanTech and manufacturing company with proven product lines based in Kamloops, British Columbia. Our expertise lies in developing critical low-carbon and carbon sequestering solutions using our owned mineral assets and recycled materials to create planet-friendly products that fight climate change and protect our planet's health.

Our products are in 10,000+ retail stores across North America. Our innovations, created at our C-Quester™ Centre of Sustainable Innovation, bring positive disruption to the cement, agricultural and animal-care sectors by creating products that help reduce carbon footprints and restore ecosystems.

Certain statements in this release are forward-looking statements, which reflect the expectations of management regarding the matters described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. Such statements are subject to risks and uncertainties that may cause actual results, performance, or developments to differ materially from those contained in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them. These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions which may prove to be incorrect. A number of risks and uncertainties could cause our actual results to differ materially from those expressed or implied by the forward-looking statements, including factors beyond the Company's control. These forward-looking statements are made as of the date of this news release.

This news release, required by Canadian laws, does not constitute an offer of securities and is not for distribution or dissemination outside Canada.

SOURCE Progressive Planet Solutions