Carbon Streaming Corporation announced that as part of the Company's continuing efforts to reduce costs, it has reduced the size of its Board of Directors (the "Board") from eight (8) to five (5) directors. In connection with the decrease in size of the Board, R. Marc Bustin, Saurabh Handa, and Andy Tester have voluntarily resigned from the Board, effective as of January 3, 2024. With these changes, the Board is now comprised of five (5) directors, of which three (3) are independent.

Concurrent with Messrs. Bustin, Handa and Tester's resignations, Ms. Candace MacGibbon, current member of the Audit Committee, will serve as the Chair of the Audit Committee, Ms. Alice Schroeder will serve as the Chair of the Compensation Committee and Mr. Swan will serve as Chair of the new Corporate Governance, Nominating and Sustainability Committee.