OSTROM CLIMATE REPORTS FISCAL Q1 2026 FINANCIAL STATEMENTS

About this update from Ostrom Climate Solutions Inc

VANCOUVER, BC, June 1, 2026 /CNW/ - Ostrom Climate Solutions Inc. ("Ostrom" or the "Company") (TSXV: COO) (Frankfurt: 9EAA), a leading provider of carbon project development, net-zero climate solutions, and carbon credit marketing and trading, today announced its unaudited financial results for the first quarter ended March 31, 2026. First Quarter Financial Highlights: Operational and Strategic Developments: Management Commentary: "Q1 2026 was a strong start to the year for Ostrom, with revenue of $1.7 million, gross profit of $1.5 million and net income of $0.7 million," said Navdeep Dhaliwal, Chairman and Chief Executive Officer of Ostrom. "The quarter benefited from opportunistic VER purchasing and retirement activity, which enabled the Company to recognize deferred revenue at attractive margins and demonstrates the value of maintaining market access and trading discipline in high-integrity VER markets." "At the same time, our results continue to be influenced by the timing of VER deliveries, the seasonality of customer demand, deferred revenue recognition and project milestones. We remain focused on building upon our recent success in VER trading activities, disciplined cost management, further balance sheet improvement and debt reductions, and importantly, further advancing our carbon project development opportunities." Liquidity and Outlook The Company ended Q1 2026 with cash of $1,089,058, compared with $1,718,815 at December 31, 2025. Current liabilities declined to $3,617,542 from $4,813,601 at December 31, 2025, and deferred revenue declined to $1,064,333 from $2,503,837 as revenue was recognized during the quarter. Ostrom continues to manage liquidity through disciplined working capital management, cost alignment, and the pursuit of financing and strategic partnership opportunities. The Company remains focused on trading opportunities in compliance markets, while continuing to advance owned and partnered carbon project development opportunities intended to generate recurring, high-quality carbon credit supply over time. About Ostrom Climate Solutions Inc. Ostrom is one of North America's leading providers of carbon project development and management services, climate solutions, and carbon credit marketing. Over the past 12 years, Ostrom has validated and verified forest carbon projects globa...

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