NORTHSTAR COMMENCES TRADING ON OTCQB UNDER SYMBOL 'ROOOF' AND RECEIVES DTC ELIGIBILITY IN THE UNITED STATES

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that it has scheduled its Annual General and Special Meeting of Shareholders (the "Meeting") for Thursday, July 28, 2022 at 11:00 am PST ( 2:00 pm EST ). The Meeting will be held at the Company's Delta office at 7046 Brown Street, Delta, BC V4G 1G8. The Company also announces that it has filed its management information circular and proxy (the "Meeting Materials") for the Meeting on SEDAR. The Meeting Materials are also available for download from the Company's website.

The information circular in the Meeting Materials proposes the re-election of six directors for the ensuing year, the reappointment of the Company's auditors, and the approval of the Company's 2022 Equity Incentive Plan, including the approval of a 10% rolling plan for stock options and a fixed plan of 6,500,000 common shares for awards of restricted share units ("RSUs"), performance share units ("PSUs") and deferred share units ("DSUs").

As always, the Company encourages its shareholders to vote prior to the Meeting. All proxies submitted must be received by July 26, 2022 . Your vote is important regardless of the number of common shares you own. As a Northstar shareholder, it is very important that you carefully read the Meeting Materials and vote your common shares. Shareholders may vote online, by telephone, by mail, or by any other methods listed in the form of proxy or voting instruction form included with the Meeting Materials.

Pursuant to the Company's Long-Term Performance Incentive Plan, the Company announces that it has issued an aggregate of 355,925 RSUs and 3,559,278 PSUs to officers and key employees of the Company. The RSUs and PSUs will vest as to one-third on each of June 23, 2023 , March 31, 2024 , and March 31, 2025 . Each RSU and PSU represents the right to receive, once vested, one common share in the capital of the Company. The number of shares earned upon the vesting of the PSUs will be determined by the performance of each individual and will be subject to approval by the Board of Directors. The Company also announces it has granted an aggregate of 260,854 stock options to directors, officers, and employees at an exercise price of $0.35 per share for a five-year term. All options vest as to one-third on each of March 31, 2023 , 2024, and 2025.

Northstar Clean Technologies Inc. is a Vancouver -based clean technology company focused on the sustainable recovery and reprocessing of asphalt shingles. Northstar has developed a proprietary design process for taking discarded asphalt shingles, otherwise destined for already over-crowded landfills, and extracting the liquid asphalt, aggregate and fiber for usage in new hot mix asphalt, construction products and other industrial applications. Focused on the circular economy, Northstar plans to reprocess used or defective asphalt shingle waste back into its three primary components for reuse/resale at its Empower Pilot Facility in Delta, British Columbia . As an emerging innovator in sustainable processing, Northstar's mission is to be the leader in the recovery and reprocessing of asphalt shingles in North America , extracting the recovered components from asphalt shingles that would otherwise be sent to landfill.

For further information about Northstar, please visit www.northstarcleantech.com .

On Behalf of the Board of Directors,
Aidan Mills
President & CEO, Director

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. The TSXV has neither approved nor disapproved the contents of this press release.

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SOURCE Northstar Clean Technologies Inc.

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Highlights

• $3.9 million in cash as of March 31, 2022
• Working capital surplus of $3.7 million as of March 31, 2022 compared to a working capital surplus of $5.5 million as of December 31, 2021
• Completed Calgary FEED study results: total capital cost estimate of $11.75 million which includes a $2.0 million contingency
• Announced project economics including $7.6 million in estimated annual revenue per facility ⁽¹⁾ , $4.9 million in estimated annual gross profit per facility ⁽¹⁾ , and $4.0 million in potential annual EBITDA per facility ⁽¹⁾⁽² and identified six areas of potential upside

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce that today it has filed its first quarter 2022 financial statements and management's discussion and analysis ("MD&A") on SEDAR for the 3 months ended March 31, 2022 . These documents are also available on the Company's website at www.northstarcleantech.com . The Company has scheduled a virtual investor webcast to discuss these financial results and to provide a business update to the investment community on Tuesday, May 31, 2022 at 5:30 am PST 8:30 am EST . Details are provided below.

Independent life cycle assessment of Northstar's Calgary scale up facility confirms carbon dioxide equivalent emissions benefits vs. landfilling asphalt shingles and use of virgin materials

Northstar Clean Technologies Inc. (TSXV: ROOF) (OTCQB: ROOOF) ("Northstar" or the "Company") is pleased to announce the positive results of a second independent carbon dioxide equivalent ("CO 2 e") life cycle assessment ("LCA") completed by Burgess Environmental Ltd. ("Burgess") for selected performance indicators for Northstar's planned scale up asphalt shingle reprocessing facility in Calgary, Alberta ("Calgary Empower Facility"). The LCA is based on sophisticated modeling from the front-end engineering design ("FEED") completed by BBA Inc. ("BBA"), Northstar's engineering consultant, on March 25, 2022 . The LCA assessed the impacts and benefits of reprocessing asphalt shingles and compared them to the impacts and benefits related to the disposal of discarded or defective asphalt shingles in landfills and virgin production of asphalt shingles.