RE:RE:RE:New Press Release - CO2 GRO Inc. Proudly Releases its 2023 ESG Report Highlighting Significant Environmental, Social, and Governance Opportunity UpdatesOperational updates As 2022 progressed, our potential sale pipeline increased above 200 million square feet of grow area. This represents growers who are currently utilizing our technology and those who have expressed an interest. Protected growers suffered a sharp increase in 2022 input costs, energy, fertilizer, labor as well as the soaring cost of capital and sourcing of it. Despite these difficult financial conditions, we increased our technology’s utilization through Technology Adaptation Projects (“TAPs”, formerly referred to as Technology Trials or Trials) around the CO2 GRO Inc. ANNUAL MANAGEMENT’S DISCUSSION AND ANALYSIS Year ended December 31, 2022 MD&A – April 27, 2023 P a g e | 4 world including key markets such as Canada, the US, Mexico, Colombia, Ecuador, Middle East & North Africa, Japan, South Africa as well as Commercial Technology Purchases (“Sales”) in El Salvador, Canada and the US. Global Protected Grower Market We estimate the global protected grower market is now about 900 billion square feet of which 700 billion square feet are for fruits & vegetables (Cuesta Roble’s 2019 estimate was 600 billion square feet), an estimated 100 billion square feet of floriculture (our 2021 estimate unchanged) and another estimated 100 billion square feet of crops such as medicinal plants, citrus tree seedlings and other non-food varieties (also our 2021 estimate unchanged). Operational Focus During 2022, we narrowed our focus on the countries where we have ongoing TAPs that have the greatest prospects for revenue generation. They include growers in the countries stated above who typically grow greenhouse vegetables such as tomatoes, peppers, cucumbers, leafy greens and berries. For example, El Salvador based Hidroexpo S.A. de C.V. has 18 active greenhouses. Only two have our CO2 Delivery Solutions™ technology installed to date. We would like to install our technology into their remaining 16 greenhouses. The grower has expressed interest in exploring various financing options to proceed with this expansion. Canada Our TAP at Alberta’s The Cucumber Man had exceptional yield improvement results. The grower will be continuing the project through 2023. Our TAPs with Ontario greenhouse growers were successful and will continue through 2023. We have since added another Ontario greenhouse grower for a 2023 project to provide an expanded scope of data to further optimize the benefits to growers. These projects are expected to serve as strong references to growers in the Ontario greenhouse market including Leamington where many of the growers also source produce from other markets such as Mexico and Central America. United States We had a Sale of a US$127,750 Commercial Technology Purchase to a greenhouse grower in the US. In addition to that success, we added a number of TAPs across the US for crops including high value floriculture, leafy greens, tomato and peppers. These TAPs are expected to be completed in 2023 with Commercial Technology Purchase negotiations for 2024. Mexico Our TAPs with two Mexico greenhouse growers in 2022 will continue through 2023. We are in discussion with additional growers for TAPs and Commercial Purchases for the 2023 growing season. Mexico represents the largest immediate opportunity for CO2 GRO with approximately 25,000 hectares (2.7 billion square feet) of greenhouse vegetables and another 30,000 hectares (3.3 billion square feet) of shade/net houses and high-tunnel facilities. European Union and United Kingdom We are in discussion with two of the UK’s largest greenhouse vegetable growers for projects in 2023. The UK tomato, pepper and cucumber market has experienced supply problems over the past year, which provides CO2