SUSTAINABLE GREEN TEAM - SGTM STOCK NEWS

The Sustainable Green Team strengthens its partnership with VRM Global Holdings by increasing their invested interest. SGTM has entered into a Purchase Agreement with New Earth Technologies to obtain additional catalyst ingredients. VRM has acquired 7,000,000 shares of common stock in SGTM as part of a program to build production capacity. The Agreement Amendment allows SGTM to issue shares of common stock instead of cash payments. SGTM's technology catalyst, HumiSoil®, improves soil hydration and vegetation. The company aims to restore depleted topsoil in 25% of the world's arable land.

The Sustainable Green Team, LTD. (OTCQX: SGTM) has received a $46,800,800 purchase order from VRM Biologik Middle East and Africa for their HumiSoil® product. The purchase order is for 1,350,040 cubic yards of HumiSoil® and will be fulfilled through five scheduled pickups until December 31, 2024. HumiSoil® is an organic soil amendment that reduces the need for fertilizers and chemicals while increasing agricultural production. SGTM aims to restore topsoil and water resources to 25% of arable lands globally.

The Sustainable Green Team, LTD. (OTCQX: SGTM) reported significant growth in its audited fiscal 2022 results, with Net Revenue reaching $35,513,231, an 11.24% increase from 2021. Gross Profit soared to $8,000,152, marking a dramatic 505.54% rise. The company achieved a Net Income of $8,901,214, up 70.28% year-over-year. Total Assets increased to $120,365,084, an impressive 80.17% growth. Notably, Outstanding Shares decreased by 17.5% to 74,631,743.

SGTM has scheduled its first Annual Shareholder Meeting for May 12, 2023, at 9:00 AM ET, to discuss these results and the outlook for 2023.

The Sustainable Green Team, LTD. (SGTM) announced the appointment of Joshua R. Wethington as Chief Financial Officer, effective January 31, 2023. Wethington's background includes over 25 years in financial and operational management in the beauty industry. His leadership is anticipated to enhance SGTM's financial performance and operational capabilities as the company expands. Notable January achievements include amending their quarterly reports, improving the mulch colorant division, and acquiring raw materials for production. CEO Tony Raynor expressed confidence in Wethington's ability to support the company's growth initiatives.

The Sustainable Green Team (SGTM), a leader in environmentally friendly solutions, has partnered with VRM Biologik to initiate HumiSoil^® production in the U.S. Starting in February 2023, the process combines VRM's patented materials with SGTM's recycled inputs at four strategic facilities, including a sawmill in Homerville, GA, and three locations in Florida. This initiative aims to enhance SGTM's competitive edge and drive growth, with expectations for product distribution by Summer 2023. HumiSoil^®, designed to improve soil health without synthetic fertilizers, aligns with SGTM's 2023 corporate priorities.