Dundee Sustainable Technologies Enters Into a Definitive Agreement to be Privatized by Dundee Corporation

THETFORD MINES, QUEBEC – TheNewswire - April 2, 2026 – Dundee Sustainable Technologies Inc. (“ DST ” or the “ Corporation ”) (CSE: DST) and Dundee Corporation (“ Dundee ”) (TSX:DC.A), today announced that they have entered into a merger agreement dated as of April 1, 2026 (the “ Merger Agreement ”) with 17799799 Canada Inc. (the “ Purchaser ”), a newly-incorporated and wholly-owned subsidiary of Dundee, pursuant to which the Purchaser has agreed to acquire all of the issued and outstanding subordinate voting shares of the Corporation (the “ Subordinate Voting Shares ”) not owned by Dundee for a consideration of $0.03 in cash per share (the “ Consideration ”), representing an aggregate value of approximately $440,000, subject to shareholder approval and other customary closing conditions (the “ Transaction ”).   Today's announcement follows DST's prior updates in 2025 to the effect that certain loans and convertible debentures, in an aggregate amount of approximately $25.7 million at the time, had reached maturity on May 15, 2025, and is the culmination of discussions with Dundee to address DST's financial situation, including the aggregate $23.7 million in loans due to Dundee and remaining unpaid as of this day.