Cielo Waste Solutions Corp. announced that Chief Financial Officer (CFO), Ms. Stephanie Li, has advised the Company of her decision to resign from Cielo to pursue other interests. Cielo has launched a formal search process to identify a permanent CFO appointment.

Until then, the Company's Board of Directors has unanimously approved the appointment of Ms. Anna Cheong, Corporate Controller at Cielo, as interim CFO, effective immediately. Ms. Li will remain at the Company to provide transition support. Ms. Cheong's leadership and capability has been instrumental in providing dramatic enhancements to Cielo's financial management systems, and in securing financial milestones as the Company improved its base operations and governance systems. A Chartered Professional Accountant with over 15 years of financial experience and leadership in the energy industry, Ms. Cheong has been with Cielo since August 2021 and holds extensive knowledge of all financial aspects of the business.

Prior to joining Cielo, Ms. Cheong held a number of senior financial and accounting positions at junior and intermediate energy companies.