EverGen Infrastructure Reports Q2 2026 Results

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Q2 2026 Key Milestones Achieved & Highlights:

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VANCOUVER, British Columbia — EverGen Infrastructure Corp. (“EverGen” or the “Company”) (TSXV: EVGN) (OTCQB: EVGIF), today reported financial results as at and for Q2 2026. All amounts are in Canadian dollars and are presented in thousands of dollars unless otherwise stated and have been prepared in accordance with IFRS.

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Financial Highlights

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The following table presents EverGen’s Consolidated Financial and Operating Summary:

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Revenues increased by $2.0 million, or 71%

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compared to the same period last year, primarily due to higher tipping revenues from increased volumes received at the organic waste and composting facilities, increased RNG production at FVB and GrowTEC, and the settlement of carbon credit sales during the quarter.

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Net loss decreased by $1.6 million or 80%

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compared to the same period last year, primarily due to an increase in revenues, lower general and administrative expenses and lower finance costs.

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Adjusted EBITDA increased by $1.4 million or 416%

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compared to the same period last year, primarily due to higher tipping volumes received at the organic waste and composting facilities and increased RNG production and associated revenues at FVB and GrowTEC.

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RNG production increased to 54,675 GJ or 11%

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compared to the same period last year, following continued stabilization of the FVB and GrowTEC RNG facilities.

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Management Commentary

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“Q2 provides further evidence that the operational improvements made across EverGen are translating into continued performance enhancement, including our strongest second-quarter RNG production to date and higher feedstock volumes across the platform,” said Chase Edgelow, CEO of EverGen. “With FVB and GrowTEC performing consistently and PCR advancing toward FID on the RNG expansion project, we are building on a stronger operating foundation and increasingly focused on growth. Our priority is to advance our existing growth projects while selectively evaluating opportunities to expand the platform in a disciplined and accretive manner.”

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For further information on the results, please see the Company’s Consolidated Financial Statements and Management’s Discussion and Analysis filed on SEDAR+ at www.sedarplus.ca and on EverGen’s website at www.evergeninfra.com.

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EverGen will hold a results and corporate update conference call at 11:00 a.m. Eastern Time on Thursday, August 27, 2026, hosted by Chief Executive Officer, Chase Edgelow and Chief Financial Officer, Maria O’Sullivan.

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Conference call details are as follows:

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Date: Thursday, August 27, 2026
Time: 11:00 a.m. ET
Zoom Link: https://us06web.zoom.us/j/89848243025Find the latest Corporate Presentation in the Investor Center:
https://www.evergeninfra.com/investor-centerAbout EverGen Infrastructure Corp. EverGen, Canada’s Renewable Natural Gas Infrastructure Platform, is combating climate change and helping communities contribute to a sustainable future. Headquartered on the West Coast of Canada, EverGen is an established independent renewable energy producer which acquires, develops, builds, owns, and operates a portfolio of Renewable Natural Gas, waste to energy, and related infrastructure projects. EverGen is focused on Canada, with continued growth expected across other regions in North America and beyond.

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For more information about EverGen Infrastructure Corp. and our projects, please visit www.evergeninfra.com.

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Non-GAAP Measures

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EverGen uses certain financial measures referred to in this press release to quantify its results that are not prescribed by IFRS Accounting Standards. The terms EBITDA, adjusted EBITDA and working capital are not recognized measures under IFRS Accounting Standards and may not be comparable to that reported by other companies. EverGen believes that, in addition to measures prepared in accordance with IFRS Accounting Standards, the non-GAAP measurement provides useful information to evaluate the Company’s performance and ability to generate cash, profitability and meet financial commitments. These non-GAAP measures are intended to provide additional information and should not be considered in isolation or as a substitute for other measures of performance prepared in accordance with IFRS Accounting Standards. EBITDA is defined as net income (loss) before interest, tax and depreciation and amortization. Adjusted EBITDA is EBITDA adjusted for share-based payment expenses, unusual or non-recurring items, contingent consideration gains and losses and non-controlling interests in adjusted EBITDA. Working capital is calculated as current assets less current liabilities.