Initial Order For Creditor Protection Filing Under the CCAA

Montreal, Québec, May 21, 2026 - TheNewswire — Ecolomondo Corporation (TSXV: ECM) (OTCQB: ECLMF) (" Ecolomondo ", or the " Company ") announces that it has sought the issuance of an initial order (the “ Initial Order ”) from the Superior Court of Québec (Commercial Division) (the “ Court ”) to grant the Company and its wholly-owned subsidiaries, Ecolomondo Environmental (Hawkesbury) Inc. (“ Ecolomondo Hawkesbury ”), Ecolomondo Environmental (Contrecoeur) Inc. (“ Ecolomondo Contrecoeur ”), 9083-5018 Québec Inc. (“ 9083-5018 ”), and Ecolomondo Advanced Carbon Technologies Inc. (“ Ecolomondo Carbon ”, and together with Ecolomondo Hawkesbury, Ecolomondo Contrecoeur and 9083-5018, the “ Subsidiaries ”), protection under the Companies' Creditors Arrangement Act (the “ CCAA ”) . This application is supported by the Company's principal creditor, Export Developpement Canada. KPMG Inc. has been appointed pursuant to the Initial Order as monitor of Ecolomondo and its Subsidiaries (in such capacity, the “ Monitor ”) to assist the Company and its Subsidiaries with their restructuring efforts and to report to the Court . The Initial Order also provides for, among other things, a stay of all proceedings and all enforcement actions taken or that may be taken against the Company, its Subsidiaries and their respective property for an initial period of ten (10) days following the date of issuance of the Initial Order , and the establishment of temporary financing, necessary to carry out these CCAA Proceedings as well as the contemplated restructuring plan.