Invert Welcomes New Members to its Board of Directors

Ottawa, November 29, 2022 – Invert Inc. (“Invert” or “the Company”) a carbon credit project financier-developer and the future of personalized climate action, is pleased to announce that it has appointed a new, independent board of directors with a range of exceptional expertise as it continues to expand its operations and portfolio.
Joining the Invert Board of Directors are Stacy Kauk, Head of Sustainability at Shopify; Dominique Hussey, Vice Chair of leading Canadian law firm Bennett Jones LLP; and Tim Saunders, experienced public market CFO and independent board member. Mark Zekulin will continue to serve as Chairman of the Board and Andre Fernandez, co-CEO of Invert, will represent management on the five-person Board.

“The progression of the Invert board from founders to independent, highly respected directors is an important step in the Company’s journey,” said Mark Zekulin, Chairman, Invert. “We couldn’t be more honoured or proud to welcome such an exceptional set of new board members as we continue to build Invert into a world leader in the carbon credit space.”

The Company recently closed a $25 million CAD financing in August 2022, welcoming new institutional and high net worth investors alongside continued support from lead strategic investor Altius Minerals (TSX: ALS). The equity financing provides the Company with significant capital to expand its carbon credit streaming portfolio as well as continued development of the recently launched Invert Climate Action Platform for individuals to understand, reduce and offset their own carbon footprint.

About Mark Zekulin

• Former President & CEO of Canopy Growth Corporation, one of Canada’s most successful start-ups over the past decade
• Founding Partner, The Greater Return, a mission-oriented early-stage investment company
• Founder and Director, Happy Roots Foundation
• Chairman of the Board, Big Brothers Big Sisters Ottawa
• Masters in Law from the University of Cambridge, specializing in international and environmental law

About Stacy Kauk

• Head of Sustainability at Shopify, leading the corporate carbon program and Shopify Sustainability Fund
• Advisory Board, Carbon Management Research Initiative (CaMRI) at the Centre on Global Energy Policy at Columbia University
• Former senior engineer and advisor at Environment and Climate Change Canada
• Representative of Canada as a member of negotiating delegations to UN Multilateral Environmental Agreements, including the Montreal Protocol and Stockholm Convention

About Dominique Hussey

• Vice Chair & Toronto Managing Partner at Bennett Jones LLP, one of Canada’s largest and most recognized national law firms
• Board Member, Ontario Brain Institute
• Board Member and Vice-President, The Advocates’ Society
• Board Member, Black North Initiative
• Leads Bennett Jones Intellectual Property Litigation group and co-head of its Innovation, Technology and Branding group

About Tim Saunders

• FCPA, FCA, ICD.D designations
• Former Director and Audit Chair, Charlotte’s Web (TSX: CWEB)
• Board Member and Audit Committee Chair, The Ottawa Hospital Foundation
• Independent Advisor with over 35 years of international experience including previous roles as EVP and CFO, Canopy Growth Corporation; Senior Finance Executive roles with Vodafone and Mitel; CFO of a clean tech company and CFO of a successful SPAC exit
• Alumni of PricewaterhouseCoopers

About Andre Fernandez

• Former Chief Operating Officer at Canopy Growth Corporation
• Previously worked in manufacturing finance and asset management and was part of the team that implemented the World Class Manufacturing methodology to transform Chrysler post Fiat-Chrysler merger
• B.Sc. from Queen’s University and an MBA from Rotman School of Management (UofT)

About Invert

Invert is a leading carbon-reduction and removal company committed to empowering businesses, communities, and individuals to take bold climate action. With a mission to drive global goals for decarbonization, Invert is dedicated to making a measurable impact on our planet’s future. We empower action through carbon project origination and financing, sourcing high-integrity carbon credits for businesses, and providing a software platform for organizations to bring employees along the climate-action journey.