Appointment of Interim President and Chief Executive Officer

MONTREAL, QUEBEC, August 15, 2016 – Dundee Sustainable Technologies Inc. (“DST” or the “Corporation”) (CSE: DST) is announcing the appointment of Mr. Brian Howlett as Interim President and Chief Executive Officer in replacement of John W. Mercer. Mr. Howlett has been a director of the Corporation and Chair of the Audit Committee since October 2015.

The Corporation has initiated the search of a permanent replacement and wishes to extend its thanks to Mr. Mercer for his contribution to the Corporation.

At the Annual General Meeting, the shareholders voted in favour of the election of the incumbent Directors and the election of Mr. Mario Jacob as new member of the Board. Mr. Jacob is Managing Director and Chief Operating Officer of NCP Investment Management. He is a graduate from the Faculty of Law of Laval University and a member of the Quebec Bar since 1995. Mr. Jacob has more than twenty years of corporate finance, mergers and advisory experience and has been involved as lead advisor in numerous transactions including mergers and acquisition, going public transactions, financing and governance best practices implementation. Mr. Jacob has experience as board member of several public companies.

In addition to Mr. Howlett, the following officers were appointed: David Lemieux as Executive Vice-President, Vatche Tchakmakian as Chief Financial Officer and Jean-Philippe Mai as Vice-President Business Development.

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