As the new President of dynaCERT,
Mr. Krueper will provide hands on supervision and senior responsibilities
leading the enterprise’s further development and international global
world-wide expansion with a view of growing the sales volume of the Company’s
products and the Company’s new production initiatives.

Mr. Jim Payne remains as Chief Executive Officer and
Director of dynaCERT and continues also as
Chairman of the Board. Former Chairman, Mr. Wayne Hoffman, continues to serve
on the Board of Directors of dynaCERT and takes on the new
role of Lead Director of dynaCERT.

Mr. Bernd Krueper is a dedicated and results-driven
Executive with more than 30 years track record and comprehensive experience in
international leadership roles in the Automotive and the Off Highway industry
as well as in Sustainable Energy and Power Generation solutions and in
Precision Machining.

Mr. Krueper brings to dynaCERT top
management and C-Suite level expertise having founded and headed numerous
entities. He has M&A Transaction skills, strong competence in Finance,
Marketing, Sales, Service & Operations and Restructuring & Turnaround
management experience. Mr. Krueper also brings to dynaCERT his
experience in successfully driving profitable growth, performance increases,
sustainable technology road mapping and digital transformation.

Mr. Krueper’s career accomplishments
include the following:

• Deputy Chairman of the German engine
  manufacturer association “VDMA, section Engines & Systems”,
  representing leading German and international engine brands. Lobbying and
  consulting Political Authorities and Decision Makers in Germany and the
  European Union, e.g. on emission legislation, ESG criteria, Renewable
  Energy and Non-Fossil Fuel Solutions like Hydrogen.
• Various Executive Advisor, Supervisory Board
  Member and Cooperation Partner roles in start ups and well developed
  companies like Battery Systems, Telematics, Digitalization and Financial
  Advisory.
• 6 years CEO at Motorenfabrik Hatz GmbH and 2.5
  years CEO of Hatz Components GmbH in Southern Germany, heading Turnaround
  Management and Performance Increase as well as the company’s development
  from a diesel engine manufacturer to a leading solutions provider for
  Propulsion and Power Generation incl. digitalization and alternative fuel,
  hybrid and full electric solutions.
• Member of the Supervisory Board of Rolls-Royce
  Power Systems AG. 18 years Leadership Experience at Rolls-Royce Power
  Systems AG, Tognum AG, MTU Friedrichshafen GmbH, including President
  Rolls-Royce Power Systems and MTU Greater China; Head of Sales, Service
  and Network at Rolls-Royce Power Systems AG; Head of Industrial Business,
  Marketing and Distribution.
• 6 years at Daimler Group, e.g. “Product
  Manager Sales and Marketing Maybach”; Senior Manager Strategic
  Planning Sales and Marketing worldwide, Mercedes-Benz.
• MBA (“Dipl.-Kfm.”) from Eberhard-Karls-University
  Tübingen, Germany and academic education programs at Universities of New
  York, USA, Oxford, UK and St. Gallen, CH.
• A-Levels, Military Service.

Bernd Krueper, President &
Director of dynaCERT, stated, “I am really very excited
about dynaCERT’s mission and its continued advancements in
hydrogen technology. Working with an admirable management, that is dedicated to
reducing carbon emissions in internal combustion engines and staying at the
forefront of hydrogen innovation, is exhilarating for me. As President and
Director, I welcome the opportunity of collaborating in a vital part of
shaping dynaCERT’s strategic direction and ensuring that our
innovations continue to make a positive impact throughout the world and
generate profitable revenue by increasing sales growth world-wide. By planning
additional key initiatives in the next few months and coming years, I look
forward to leading and further propel dynaCERT’s influence and
positive impact in the hydrogen marketplace.”

Jim Payne, Chairman & CEO
of dynaCERT stated, “The dynaCERT Board
of Directors is very pleased to welcome Mr. Bernd Krueper as President and as a
Director of the Company. Mr. Krueper is a highly dynamic and energetic
executive, with a positively outgoing manner and a straightforward approach and
I look forward to working closely with him. His ambitious, self-confident and
target-oriented pronounced will to succeed, embraces change. Mr. Krueper will
work well with the dynaCERT Board of Directors as he is
open-minded, transparent and convincing, reliable, structured, integrative and
consistent in leadership. As President, Mr. Krueper is strategic and analytic
with hands-on mentality. Our entire Company, our stakeholders, clients, dealers
and shareholders are joining me in greeting Mr. Krueper as a dynamic strong
supporter of the furtherance of our hydrogen technology on a global scale
across many industries world-wide.”

The new appointment to the Board of
Directors, the new Chairman, the new Lead Director and the office of President
mentioned herein will take effect May 15, 2024. Pursuant to By Law NO. 1
adopted by the shareholders of dynaCERT at its last annual
meeting, the Board of Directors of the Company has increased the number of
Directors of the Company from eight (8) Directors to nine (9) Directors.

About dynaCERT Inc.

dynaCERT Inc. manufactures and
distributes Carbon Emission Reduction Technology along with its proprietary
HydraLytica™ Telematics, a means of monitoring fuel consumption and calculating
GHG emissions savings designed for the tracking of possible future Carbon
Credits for use with internal combustion engines. As part of the growing global
hydrogen economy, our patented technology creates hydrogen and oxygen on-demand
through a unique electrolysis system and supplies these gases through the air
intake to enhance combustion, which has shown to lower carbon emissions and
improve fuel efficiency. Our technology is designed for use with many types and
sizes of diesel engines used in on-road vehicles, reefer trailers, off-road
construction, power generation, mining and forestry equipment. Website: www.dynaCERT.com.

READER ADVISORY

Except for statements of historical
fact, this news release contains certain “forward-looking
information” within the meaning of applicable securities law.
Forward-looking information is frequently characterized by words such as
“plan”, “expect”, “project”, “intend”,
“believe”, “anticipate”, “estimate” and other
similar words, or statements that certain events or conditions “may”
or “will” occur. In particular, information relating to Jeff Zajac cannot
be independently verified. Although we believe that the expectations reflected
in the forward-looking information are reasonable, there can be no assurance
that such expectations will prove to be correct. We cannot guarantee future
results, performance of achievements. Consequently, there is no representation that
the actual results achieved will be the same, in whole or in part, as those set
out in the forward-looking information.

Forward-looking information is based
on the opinions and estimates of management at the date the statements are made
and are subject to a variety of risks and uncertainties and other factors that
could cause actual events or results to differ materially from those
anticipated in the forward-looking information. Some of the risks and other
factors that could cause the results to differ materially from those expressed
in the forward-looking information include, but are not limited to: uncertainty
as to whether our strategies and business plans will yield the expected
benefits; availability and cost of capital; the ability to identify and develop
and achieve commercial success for new products and technologies; the level of
expenditures necessary to maintain and improve the quality of products and
services; changes in technology and changes in laws and regulations; the
uncertainty of the emerging hydrogen economy; including the hydrogen economy
moving at a pace not anticipated; our ability to secure and maintain strategic
relationships and distribution agreements; and the other risk factors disclosed
under our profile on SEDAR at www.sedar.com. Readers are cautioned that this
list of risk factors should not be construed as exhaustive.

The forward-looking information
contained in this news release is expressly qualified by this cautionary
statement. We undertake no duty to update any of the forward-looking
information to conform such information to actual results or to changes in our
expectations except as otherwise required by applicable securities legislation.
Readers are cautioned not to place undue reliance on forward-looking information.

Neither the Toronto Stock Exchange
nor its Regulation Services Provider (as that term is defined in the policies
of the Toronto Stock Exchange) accepts responsibility for the adequacy or
accuracy of the release.

On Behalf of the Board
Murray James Payne, CEO

Contacts

For more information:
Jim Payne, CEO & President
dynaCERT Inc.
#101 – 501 Alliance Avenue
Toronto, Ontario M6N 2J1
+1 (416) 766-9691 x 2
jpayne@dynaCERT.com

Investor Relations
dynaCERT Inc.
Nancy Massicotte
+1 (416) 766-9691 x 1
nmassicotte@dynaCERT.com

dynaCERT
Inc. (TSX:DYA.TO) (DYFSF) is a featured Renewable Energy / Fuel Cell stock on
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