Cielo Announces Historical Recognition Grant of Stock Options

About this update from Cielo Waste Solutions Corp.

Cielo Announces Historical Recognition Grant of Stock Options CALGARY, Alberta, April 22, 2026 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV: CMC; OTCQB: CWSFF) (“Cielo” or the “Company”) announces that its Board of Directors (the “Board”) has approved a one-time discretionary grant of 9,000,000 stock options (the “Options”) to directors and officers of the Company, taking into account the recipients’ sustained leadership and contributions during the Company’s strategic repositioning in receipt years and to support continuity and alignment as the Company enters its next phase of growth. The Options are exercisable at $0.07 per share for a term of three years from the date of grant, vesting 50% on grant and 50% on the twelve-month anniversary. The grant is made under the Company’s stock option plan, and remains subject to TSX Venture Exchange approval. The Board determined that a one-time grant was appropriate at this stage of the Company’s development, following the completion of its restructuring and strategic transition, including the wind-down of legacy operations, the strategic pivot to sustainable aviation fuel, and the establishment of the Nexus Platform. ABOUT CIELO Cielo Waste Solutions Corp. is a clean fuels project development company advancing sustainable aviation fuel and other low-carbon energy projects across North America. Through the Nexus Platform, Cielo combines strategic feedstock partnerships with proven third-party technologies to develop a scalable pipeline of waste-to-fuels projects. Cielo’s shares are listed on the TSX Venture Exchange under the symbol CMC and on the OTCQB under the symbol CWSFF. For further information please contact:Cielo Investor RelationsRyan C. Jackson, CEOPhone: (403) 348-2972Email: [email protected]  CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements and forward-looking information (collectively referred to herein as “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of present or historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “anticipate”, &#x20...

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