ENVIRONMENTAL CLEAN TECHNOLOGIES LIMITED. — Capital/Financing Update 2023

Feb 16, 2023

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Equity Lending Facility Results

17 February 2023: Environmental Clean Technologies Limited ( ECT or Company ) is pleased to announce the results of the Equity Lending Facility (ELF), which was approved at the Company’s last Annual General Meeting, and managed by the Company’s wholly-owned subsidiary, ECT Finance Limited ( ECTF ).

ELF agreements were finalised at 5:00 pm AEST on 16 February 2023.

ECTF approved approximately $22.8m in applications which allowed for the conversion of 760,358,891 ECTOE options held by 50 individual applicants before the expiry of the ECTOE options that occurred today. More information on the ELF can be found at https://ectfinance.com.au/

For further information, please contact:

INVESTORS Glenn Fozard Managing Director info@ectltd.com.au / +613 9849 6203

MEDIA Adam Giles Marketing & Communications Manager media@ectltd.com.au / +613 9849 6203

388 Punt Road, South Yarra, VIC 3141 Australia | Phone +613 9849 6203| www.ectltd.com.au | ABN 28 009 120 405 Listed on the Australian Stock Exchange (ASX: ECT)