Solarvest BioEnergy Inc. announced that Garth Greenham, Michael Farley and Eugenio-Noel Cuesta have been appointed to the board of directors of the Company effective immediately to fill the vacancies left by Claes Ellegaard, who will remain as CEO, Gregory Drohan, and Donal Carroll who have agreed to resign as directors of the Company. Garth Greenham: Mr. Greenham, is the former executive of the Company and a corporate director with an extensive record with both privately-held and publicly-traded health care companies. He served as President of the global aquaculture division of Novartis Inc. He started his career with Johnson &Johnson (J&J) where he served 15 years mostly with McNeil Pharmaceutical in numerous management positions in Operations and Contract &Export Sales.

He joined Cobequid Life Sciences Inc. (KQR) and served as Director of Sales, Marketing &Operations for nine years and helped grow the company to global leader in the field of aquaculture animal vaccines. He was COO of Solarvest until April 2023. Eugenio-Noel Cuesta: Mr. Cuesta holds an M. Sc.

In Mechanical Engineering, with postgraduate studies in Mechanical Vibration and Nuclear Engineering. He has been responsible for new product testing and implementation for Hydro-Qubec's Testing and Commissioning Group. He also worked as a physicist at their Reactor Physics Group at the Gentilly-2 Nuclear Power Plant from 2006 to 2014.

Prior to working at Hydro-Qubec, he was a Professor of Mechanical Engineering at Simon Bolivar University in Caracas, Venezuela. Michael Farley: Mr. Farley is an entrepreneur and corporate, business advisor to health and wellness companies in international markets. Dr. Farley was involved in dozens of financial, market entry and M&A transactions since the early 2000s.

He is also partnered with a corporate advisory firm Switzerland offering IR services to NA life science small caps in Europe. In the 1990s Michael managed technology and investment programs at the Canadian Foreign Affairs Department. He holds a PhD in the Philosophy of Science from the Universit de Montral.