Carbon Streaming Corporation announced that as part of the Company's leadership succession plan, Michael Psihogios, the Company's current Chief Investment Officer, has been promoted to President. Justin Cochrane, the Company's current Chief Executive Officer, will shift to the role of Founder and Executive Chair, effective immediately. Mr. Cochrane will work closely with Mr. Psihogios over the next several months to ensure a seamless transition.

As Executive Chair, Mr. Cochrane will be responsible for providing leadership to the Board and ensuring ongoing strong governance, while actively supporting management's execution of Carbon Streaming's long-term strategic vision focused on charting the Company's growth. With Mr. Cochrane taking on the role of Executive Chair, Mr. Maurice Swan, the current Chairman of the Board of Directors, will assume the role of Lead Director to ensure the Board continues to operate independently. As a result, the Company is also announcing that Geoff Smith, President and Chief Operating Officer, Andrea Cheung, VP Investor Relations, and Amy Chambers, Director of Marketing, Communications & Sustainability, have left the Company effective immediately.