Anew Climate expands European forest carbon portfolio through ten-year agreement with sweden's EKEN. Partnership brings Swedish improved forest management credits, developed under Verra's VM0045, to Anew's corporate buyers. HOUSTON, October 1, 2026 (Newswire.com) - Anew Climate (Anew), one of the world's largest developers and marketers of carbon credits, announced a ten-year agreement with EKEN Financing Value Added Forestry (EKEN) to bring Swedish improved forest management (IFM) credits to corporate buyers worldwide. The agreement extends Anew's European forest carbon portfolio, which it maintains alongside millions of acres of managed forestland across North America. Under the collaboration, Anew will serve as the exclusive commercialization partner for credits generated from projects developed by EKEN, handling purchaser engagements, structuring, and portfolio integration for corporate buyers in Europe and internationally. EKEN is preparing the project for development under VM0045, Verra's methodology for improved forest management using dynamic matched baselines from national forest inventories. While many conventional forest carbon baselines rest on a projection of what a landowner would hypothetically have done in the absence of a carbon project, VM0045 constructs baselines using statistically matched forests observed through national forest inventory data, allowing project outcomes to be evaluated against the measured performance of comparable forests. In August 2025, the Integrity Council for the Voluntary Carbon Market approved VM0045 v1.2 as meeting its Core Carbon Principles, making v1.2 one of the first two improved forest management methodologies to earn the designation. Sweden is particularly well equipped to support that approach. The Swedish National Forest Inventory has monitored the country's forests since 1923 through a nationwide annual sample inventory, providing the long-running observed forest data the methodology relies on. "Corporate buyers are not short of forest carbon options. What they often lack is forest carbon they can defend with up-to-date real-world data. Additionality is the hardest question buyers face. Dynamic baselines address this by replacing static assumptions with the measured performance of comparable forests. Sweden's century-long forest inventory provides exactly the kind of data this methodology requires. Adding dynamically derived Swedish IFM supply, alongside our extensive North American portfolio, gives buyers meaningful geographic diversification without lowering the bar on quality," said Joshua Strauss, President of Environmental Products at Anew Climate. EKEN combines Swedish forestry expertise, climate science and climate finance to develop forest carbon projects that pay landowners for the additional carbon stored when harvest is deferred, creating a revenue stream that sits alongside, rather than in place of, traditional timber income. "Verified carbon credits give Swedish forest owners something they have never had: a way to be paid for the carbon a forest holds, not only for the timber it yields. Together with Anew Climate, we are opening an international market for that. Our long-term aim is a Swedish forest economy where a greater share of what the forest produces ends up in long-lived, value-added products," said Erik Ottosson, founder and CEO of EKEN. The project is expected to generate between 30,000 and 65,000 credits from currently enrolled forestland between 2027 and 2031, subject to registration and verification, with first issuance expected in the fourth quarter of 2027. Volumes are expected to grow as additional landowners enroll. About Anew Climate Anew Climate, LLC, is a global leader in diverse climate solutions built on transparency and accountability. With deep market understanding, Anew leverages technological and nature-based solutions to create value through the generation and marketing of environmental credits for low-carbon fuel, carbon, renewable energy, and emissions markets. Anew is majority owned by TPG Rise, TPG's global impact investing platform. The company has offices in the U.S., Canada, Germany, Hungary, Spain, and Singapore, with an environmental commodities portfolio spanning five continents. About EKEN EKEN Financing Value Added Forestry is a Swedish company developing forest carbon projects in Nordic forests under Verra's VM0045 methodology, combining Swedish forestry expertise and climate science with advanced data and technology. By creating economic value from additional carbon storage, EKEN provides forest owners with a revenue stream alongside traditional timber income. Media Contact

Anew Climate welcomes josh Smith as Executive Vice President and General Counsel. HOUSTON, September 28, 2026 (Newswire.com) - Anew Climate today named David Joshua Smith Executive Vice President and General Counsel, where he will lead the company's legal team and serve as Board Secretary. Smith has more than 20 years of experience advising energy and industrial companies on complex commercial, corporate, compliance, regulatory, and risk matters. "Josh brings deep legal and commercial experience across the global energy and environmental markets," said Angela Schwarz, CEO of Anew Climate. "His track record guiding companies through complex transactions and international growth makes him an ideal fit as we enter our next phase." Most recently, Smith served as General Counsel of Newpark Drilling Fluids, leading legal, compliance, risk, and corporate governance functions through the company's separation from Newpark Resources and transition to private-equity ownership. He advised the executive team and Board on commercial transactions, litigation, regulatory matters, and international operations. He began his career at McDonald Hopkins, LLC before moving in-house, spending more than a decade at Schlumberger Technology Corporation supporting global operations, joint ventures, and strategic transactions across international markets. "Anew has built a strong platform in a fast-growing market," said Smith. "I've spent my career helping companies navigate complex transactions and international operations, and I'm looking forward to bringing that experience to a team with a clear vision for what's next." Smith holds a Bachelor of Science in Chemical Engineering from the University of Dayton and a Juris Doctor from Chicago-Kent College of Law. He is based in Houston, Texas. About Anew Climate Anew Climate, LLC, is a global leader in diverse climate solutions built on transparency and accountability. With deep market understanding, Anew leverages technological and nature-based solutions to create value through the generation and marketing of environmental credits for low carbon fuel, carbon, renewable energy, and emissions markets. Anew is majority owned by TPG Rise, TPG's global impact investing platform. The company has offices in the U.S., Canada, Germany, Hungary, Spain, and Singapore, with an environmental commodities portfolio spanning five continents. Media Contact

Anew Climate has appointed David Joshua Smith as executive vice president and general counsel. Based in Houston, Smith will lead the company's legal team and serve as board secretary. Smith brings over 20 years of experience advising energy and industrial companies on commercial, corporate, compliance, and regulatory matters. Most recently, he served as general counsel of Newpark Drilling Fluids, guiding the company through its separation from Newpark Resources and transition to private-equity ownership. He previously spent more than a decade at Schlumberger Technology Corporation, supporting global operations and strategic transactions. Smith holds a bachelor's degree in chemical engineering from the University of Dayton and a law degree from Chicago-Kent College of Law. Anew Climate is a global climate solutions company majority owned by TPG Rise.