Cleveland-Cliffs Inc. has appointed Jane M. Cronin to its Board of Directors, with her role effective immediately.

Government contracts, including agreements with the U.S. Federal Government, municipalities, and contractors, drive revenue growthGreenwave's customers are industry giants such as Nucor Corporation, Sims Limited, Cleveland-Cliffs, Inc., and Georgia-PacificExpansion of Scrap App and hurricane recovery contracts position Greenwave for continued growth and leadershipOver 500,000 GWAV shares purchased by insiders in December 2024CHESAPEAKE, Va., Dec. 30, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading metal recycler in Virginia, North Carolina, and Ohio, today released revenue guidance of $43-$45 million for fiscal year 2025.Market-Leading Position and Growth Catalysts:Key Customers: Sims Metal Management alone contributes approximately $20M in scrap metal purchases annually from Greenwave. Hurricane Helene Recovery Efforts: Contract valued at $15 - $35M through March 2026 , with Core Tree Care related to a prime contract awarded by the U.S. Army Corps of Engineers

Insiders made open market purchases of more than 500,000 GWAV shares in December 2024Company has increased shareholders' equity by approximately $51 million in 2024Greenwave continues to prioritize government contracts as a key driver of revenue and cash flow growthThe Company recently purchased the real estate for seven of its core facilities, reducing annual rent expenses by approximately $1.7 millionNumerous upcoming catalysts expected to benefit Greenwave -- including the opening of Nucor Corporation's state-of-the-art Lexington, NC steelmaking facility with a staggering 430,000-ton annual processing capacity (1)CHESAPEAKE, Va., Dec. 17, 2024 /PRNewswire/ -- Greenwave Technology Solutions, Inc. (Nasdaq: GWAV) ("Greenwave" or the "Company"), a leading metal recycler in Virginia, North Carolina, and Ohio, released today the following letter to shareholders from Danny Meeks, Chairman and Chief Executive Officer:Greenwave Shareholders,Greenwave significantly strengthened its balance sheet from December 31, 2023 (audited) to September 30, 2024 (unaudited).I am pleased to report Greenwave will enter 2025 in the strongest strategic and financial position in the history of the Company. Three areas of focus highlight Greenwave's excellent – and improving – fundamental business: (i) a very strong balance sheet, (ii) increasingly favorable US trade policies focused on boosting demand for domestic scrap metal, and (iii) upcoming Company milestones and catalysts that are expected to be transformative for Greenwave's fundamental business.A Sound Balance SheetDuring the first nine months of 2024, Greenwave de-risked operations – significantly growing Company assets while reducing or eliminating certain liabilities. From December 31, 2023 to September 30, 2024, Greenwave:Grew current assets by 635%, from $2,689,761 to $19,767,085 .to. Decreased total liabilities by 64%, from $50,865,997 to $18,301,138 .to