Eurocontrol Announces Stock Option and RSU Grants

365 Bay Street, Suite 400

Toronto, Ontario, Canada M5H 2V1

T 416 361 2808 | F 416 361 2519

eurocontrol.ca

Eurocontrol Announces Stock Option and RSU Grants

Toronto, CANADA, August 22, 2018 - Eurocontrol Technics Group Inc. (TSX Venture: EUO; OTCQB: EUCTF)

(“Eurocontrol” or the “Company”) announces that it has granted an aggregate of 700,000 options to purchase common

shares of the Company exercisable at a price of $0.06 per share for a period of five years, to directors, officers and

consultants of the Company. The common shares issuable upon exercise of the options are subject to a four month

hold period from the original date of grant. Additionally, the Company has gra nted 2,500,000 restricted share units

(“RSUs”) to directors, officers and consultants of the Company under the terms of the Company’s restricted share unit

plan (the “RSU Plan”). Each RSU entitles the holder to acquire one common share of the Company by d elivering an

exercise notice in accordance with the RSU Plan. The RSU grant follows the guidelines of the RSU Plan and are

subject to approval by the TSX Venture Exchange.

For further information on this press release, please contact Paul Wood at (416) 361-2808 or [email protected].

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. No stock exchange, securities

commission or other regulatory authority has approved or disapproved the information contained herein.