| As 2024 draws to a close, I would first like to express our appreciation and thanks to our dedicated shareholders, directors, management, staff and global dealer network, while wishing all a very healthy and blessed Christmas and a prosperous and joyous new year. We would like to recap our progress over the last twelve months as we proceed into an innovative world-wide growth company with two foundational businesses, an enhanced Board of Directors, strong Management and a streamlined capital structure--all underpinned by a proprietary energy saving technology platform that has the potential to drive efficiency and environmental sustainability in multiple industries. Over the past few years, through the resilience of our team we have faced and overcome several challenges. We have been acting as the connecting force between highly technical capabilities and commercial applications; we are cultivating an irreplaceable technical team with a robust patent portfolio and proven scalable technology ready for new verticals. Enhancing the Board and Management With a solid business foundation in place, we expanded and enhanced our Board of Directors while securing Senior Management for new growth. In April 2024 we appointed Ms. Tanya Rowntree as a new independent director. She brings to dynaCERT over 25 years of experience in the investment world. Ms. Rowntree brings a wealth of knowledge and expertise specializing in business development, sales and customer experience. (see press release dated April 15, 2024) In May of 2024 we appointed Dr. James Tansey as a new independent director. Originally trained in environmental sciences, Dr. Tansey brings 20 years of experience at the interface of university research and private sector. He also brings to dynaCERT experience in Carbon markets, clean technology, social acceptability novel technologies, impact investing and social innovation. (see press release dated May 3, 2024) In May 2024 we appointed Mr. Bernd Krueper as President and director. He brings more than three decades of comprehensive leadership experience internationally in the automotive and off highway industries as well as in Sustainable Energy and Power Generation. As new President, Mr. Krueper provides hands on supervision and senior responsibilities leading the enterprise’s further development and global world-wide expansion with a view of growing sales volume of the Company’s products and new production initiatives. (see press release dated May 13, 2024) In November 2024 we appointed Mr. Kevin Unrath as Chief Operating Officer. Mr. Unrath brings to dynaCERT top management level expertise having managed numerous entities with his experience in successfully driving profitable growth, performance increases, sustainable technology road mapping digital transformation. He is keen on leading and further propelling dynaCERT’s influence and positive impact in the hydrogen marketplace. (see press release dated November 4, 2024) In November we appointed Mr. Doug Seneshen as new independent director. Mr. Seneshen brings over 40 years of experience in the global power and propulsion systems business, with direct sales experience in commercial vehicles, mining, oil & gas, defence, marine and power generation markets. In his career, he has managed business operations, green field startups, business turnarounds, acquisitions and consolidations. (see press release dated November 20, 2024) Elevating dynaCERT’s Corporate Profile Among other accomplishments this past year, we took steps to elevate the Company’s corporate profile in the financial community. Throughout the year we have increased our level of public communications and investor relations in the spirit of transparency and with the aim of building an expanded audience of potential customers and investors. Key Achievements in 2024 dynaCERT received the final Verra approval of our Carbon Credit Methodology. (see press release dated October 6, 2024). This Verra-approved methodology marks a significant milestone in dynaCERT’s ongoing business evolution, as it underscores the impact of the Company's HydraGEN™ Technology, which is designed to reduce both fuel consumption and carbon emissions in a wide range of sizes of Internal Combustion Engines (“ICE”). dynaCERT’s innovative product line serves an extensive range of ICE applications, including sectors such as transportation, mining, construction, oil & gas and diesel generators. This pivotal approval by Verra opens the door for dynaCERT along with our clients to earn a multi-year recurring stream of valuable Carbon Credits by using the Company’s HydraGEN™ Technology. In addition to providing a financial incentive derived from the sale of Carbon Credits, users deploying HydraGEN™ Technology will have the ability to accurately quantify their GHG emissions reductions. This measurable impact is a key criterion for driving significant sales of HydraGEN™ Technology to large-scale clients. In June of this year dynaCERT acquired 15% equity ownership of Cipher Neutron, a leader in AEM (Anion Exchange Membrane) electrolysis business, known by the industry for its cutting-edge technology and remarkable innovation in the sector. Cipher Neutron is in the process of developing a 250 kW, AEM electrolyser stack, positioned to be the largest AEM electrolyser in the world. While dynaCERT and our HydraGEN™ Technology is a bridge to the Hydrogen economy, this alignment will help position dynaCERT for the future in high pressure, high volume “Green Hydrogen” (www.cipherneutron.com) 2025 Expectations Looking forward, we expect overall revenues to continue to grow in the coming quarters compared to the past year. This expected growth will be primarily driven by increased new and repeat sales along with the expected recurring revenue stream achieved with the sales of Carbon Credits. Looking Ahead While we accomplished much in 2024, we are even more excited about the growth opportunity for dynaCERT in 2025 and beyond. We are continuing to add new customers and audiences with global expansion. We possess valuable patents and intellectual property, a strong leadership team, a global sales force and an environmental sustainability mission that underlays our overall strategy: we strive to make our world a better place while helping our clients and their businesses to become more efficient and environmentally friendly. In conclusion, we are dedicated to creating long-term value for our shareholders by building an impactful, successful business that leverages our scalable, proprietary Carbon Emission Reduction technology platform. We appreciate your continued support and look forward to reporting on our progress in the coming months. Warmest regards, Jim Payne CEO and Chairman |