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GREEN IMPACT PARTNERS (“GIP”) ANNOUNCES GRANT OF STOCK OPTIONS AND RESTRICTED SHARE UNITS

VANCOUVER, BC, May 17, 2022 /PRNewswire/ – Green Impact Partners Inc. (“GIP“or the”Company“) (TSXV: GIP.V) reports that the Company’s Board of Directors has approved the granting of a total of 458,045 stock options (“Choice“) and 213,754 restricted stock units (“USR“) to the senior officers and management of the Corporation. The Board of Directors of the Corporation also approved the granting of 68,844 options and 32,128 PSUs to the independent directors of the Corporation. All options have granted at an exercise price of $7.05 per share, being the closing price of the Company’s shares on the TSX Venture Exchange on the date preceding the date of grant. All approved options have a term of eight years from the date of grant and vest three years from the date of grant. One-third of the PSUs granted vest on each of the first three anniversaries of the date of grant.

Green Impact Partners Inc. logo (CNW Group/Green Impact Partners Inc.)

About Green Impact Partners

Green Impact Partners is focused on creating a sustainable future and an inclusive planet by developing clean energy, with a short-term focus on RNG projects. GIP acquires, develops and constructs RNG projects, with the intention of owning and operating a portfolio of RNG facilities. GIP has a growing portfolio of RNG projects under development, representing more than $2 billion planned capital expenditures over the next three years. In addition to RNG, we participate in a wide range of zero-carbon opportunities at all stages of the project lifecycle – from idea generation to operation. In its pursuit of net zero impact on Earth, GIP is positioning itself as one of the leading producers of carbon-free energy in North America. GIP’s shares trade on the TSX Venture Exchange under the symbol GIP.V. For more information about GIP and its projects, visit www.greenipi.com.

Warnings

This press release contains forward-looking statements and/or forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. When used in this release, words such as “would”, “will”, “anticipate”, believe”, “explore” and similar expressions, with respect to GIP or its management, are intended to identify such forward-looking statements. These forward-looking statements reflect GIP’s current beliefs with respect to future events and are subject to certain risks, uncertainties and assumptions. Many factors could cause the actual results, performance or achievements of GIP to be materially different from any expected future results, performance or achievements that may be expressed or implied by such forward-looking statements. These forward-looking statements are subject to numerous risks and uncertainties, including, but not limited to: the impact of general economic conditions on Canada and United States, including the ongoing COVID-19 pandemic; industry conditions, including changes in laws and regulations and/or the adoption of new environmental laws and regulations and changes in the way they are interpreted and applied, in Canada and United States; the volatility of energy commodity prices; evolution of the demand for clean energy to be proposed by the GIP; competition; lack of availability of qualified personnel; obtain the required approvals from regulatory authorities, Canada and United States; ability to access sufficient capital from internal and external sources; many of which are beyond the control of the GIP. Forward-looking statements included in this press release should not be construed as guarantees of future performance or results. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those implied by such forward-looking statements.

Readers are encouraged to review and carefully consider the risk factors relating to GIP described in the Company’s annual MD&A for the year ended December 31, 2021accessible on GIP’s SEDAR issuer profile at the address www.sedar.com. The forward-looking statements contained in this release are made as of the date of this release, and except as expressly required by law, GIP disclaims any intention, obligation or undertaking to publicly release updates or revisions to any forward-looking material. statements contained herein, whether as a result of new information, future events or results or otherwise, other than as required by applicable securities laws.

GIP’s management has included the above summary of the assumptions and risks associated with the forward-looking statements provided in this release in order to provide shareholders with a more complete perspective on GIP’s current and future operations and such information may not be appropriate to other purposes. The actual results, performance or achievements of GIP could differ materially from those expressed or implied by such forward-looking statements and, therefore, no assurance can be given that any of the events anticipated by the forward-looking statements will or will occur. , or if any of them do, what benefits GIP will get.

This press release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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SOURCE Green Impact Partners Inc.