ECM.V · 2026-06-22 20:35:00

Second Amended And Restated Initial Order And SISP Order Under The CCAA

Montreal, Québec, June 22, 2026 — TheNewswire – Ecolomondo Corporation (TSXV: ECM) ("Ecolomondo", or the "Company") announces that the Superior Court of Québec (Commercial Division) (the "Court") has issued a Second Amended and Restated Initial Order (the "Second ARIO") and a Sales and Investment Solicitation Process Order (the “SISP Order”) with respect to the Company and its wholly-owned subsidiaries Ecolomondo Environmental (Hawkesbury) Inc., Ecolomondo Environmental (Contrecoeur) Inc., 9083-5018 Québec Inc. and Ecolomondo Advanced Carbon Technologies Inc. (collectively, the “Subsidiaries”) under the Companies' Creditors Arrangement Act (the "CCAA").

The Second ARIO namely provides:

an extension of the stay of proceedings in favor of the Company and its Subsidiaries up and until August 21, 2026, ensuringthe stability required to allow KPMG Inc. (the Monitor”), in consultation with Export Development Canada, to reduce the operations of the Company and its Subsidiaries and stabilize their activities;
an increase of interim financing pursuant to an amended and restated DIP Facility; and
the approval of a key employee retention program,and a super-priority charge guaranteeing the payment obligations relating thereto.

The SISP Order namely provides:

a two-phase bidding process aimed at identifying sale and/or investment proposals in regard to the business of the Company and its Subsidiaries; and
a requirement for any present or past shareholders, directors, officers, employees or any person related to the Company or its Subsidiaries, which intends to act as a Related Bidder to provide a notice of such intention by July 2, 2026 at noon (Eastern prevailing time).

A copy of the Second ARIO, the SISP Order, along with additional information in respect of the CCAA proceedings, will be available shortly on the Monitor’s website. Readers are encouraged to consult the full text of the documents for further details. Further news releases will be provided during the CCAA proceedings as required by law and applicable securities regulations, or as determined necessary by the Company or the Court.

About Ecolomondo Corporation

Ecolomondo Corporation, headquartered in Québec, is a Canadian cleantech company focused on its proprietary Thermal Decomposition Process (TDP) technology, which recovers high-value commodities from scrap tire waste, including recovered carbon black (rCB), tire-derived oil (TDO), syngas, fiber, and steel. Visit www.ecolomondo.com for more.

For further information about Ecolomondo Corporation

Jean-François Labbé

Interim CEO, Ecolomondo

Tel: (450) 587-5999

[email protected]

www.ecolomondo.com

Cautionary note regarding forward looking statements

This news release contains “forward-looking information” within the meaning of applicable Canadian securities laws (collectively, the “Forward-Looking Statements”). Forward-Looking Statements relate to future events or future performance and reflect management’s expectations and assumptions as of the date hereof. Such Forward-Looking Statements include, but are not limited to, statements regarding: the objectives of the CCAA proceedings; Ecolomondo and its Subsidiaries ability to continue operating in the ordinary course during the restructuring process; the development and implementation of a plan of compromise or arrangement; negotiations with lenders, creditors and other stakeholders; potential recapitalization, sale or investment processes; the timing and outcome of Court proceedings; and the anticipated benefits of the restructuring process if at all.

Forward-Looking Statements are based on assumptions believed reasonable by the Company as of the date hereof, including assumptions regarding continued operations, stakeholder cooperation, availability of working capital, and the intention to restructure the affairs of Ecolomondo and its Subsidiaries. However, Forward-Looking Statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated.

These risks and uncertainties include, without limitation: Ecolomondo and its Subsidiaries’ ability to obtain Court approval for relief sought in the CCAA proceedings; the ability to obtain required creditor and stakeholder support; the risk that the CCAA proceedings may not result in a viable restructuring or may be terminated; the potential for bankruptcy or liquidation proceedings; availability of financing and cash flow; Ecolomondo and its Subsidiaries’ ability to maintain contracts, licenses, permits, suppliers and customers during the proceedings; the impact of the proceedings on operations and employee retention; market conditions; regulatory approvals; project execution risks; and other risks inherent in Ecolomondo and its Subsidiaries' business.

Additional information regarding these and other risk factors is contained in the Company’s continuous disclosure filings available on SEDAR+ at www.sedarplus.ca.

Readers are encouraged to review those documents carefully. There can be no assurance that the CCAA process will result in a restructuring or other transaction, or that any such outcome will be completed on acceptable terms. Readers are cautioned not to place undue reliance on Forward-Looking Statements. The Company undertakes no obligation to update or revise Forward-Looking Statements except as required by applicable securities laws.

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

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