Anaergia announces the resignation of its director, planned as part of the current transaction

BURLINGTON, Ontario, May 7, 2024–(BUSINESS WIRE)–Anaergia Inc. (“Anaergy“or the”Business“) (TSX: ANRG) announced today the acceptance of the resignation of Mr. Frank McKenna from the Board of Directors of the Company effective May 5, 2024. Previously, Mr. McKenna had agreed to concurrently resign at the closing of the last tranche of the announced an equity investment of 40.8 million Canadian dollars (“Strategic investment“) of Marny Investissement SA (“Marny“) (which remains outstanding) in order to create a vacancy for the appointment of a Marny candidate. Given the unforeseen and prolonged delay in such closing, Mr. McKenna must attend to other prior commitments. Mr. McKenna remains a strong supporter of Anaergia’s business. Anaergia sincerely thanks Mr. McKenna for his service and contributions to the Company.

Please refer to the Company’s press releases dated December 18, 2024, January 2, 2024, January 19, 2024, January 25, 2024, February 2, 2024, March 13, 2024, March 28, 2024 and April 1, 2024 for more information regarding strategic investing.

About Anaergia

Anaergia was created to eliminate a major source of greenhouse gases.”GHG“) by cost-effectively transforming organic waste into renewable natural gas (“RNG“), fertilizer and water through the use of proprietary technologies. With experience in delivering innovative projects, Anaergia is in a unique position to provide solutions to today’s most demanding resource recovery challenges. most urgent needs using a broad portfolio of proven technologies and multiple project delivery methods Anaergia is one of the only companies in the world with an exclusive portfolio of end-to-end solutions integrating solid waste treatment as well as. wastewater treatment with organic matter recovery, high-efficiency anaerobic digestion, RNG production and fertilizer and water recovery from organic residues. The combination of these technologies improves the production of carbon negative biogas, d. clean water and natural fertilizers, uses a minimized footprint and reduces waste and wastewater treatment costs as well as GHG emissions.

For more information, please visit: www.anaergia.com

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