• ECT enters agreement to sell part of Yallourn property in Victoria
• Sale is conditional on 30-day due diligence period for the purchaser
• Funds from sale will be used to continue development of ECT's technologies

Environmental Clean Technologies Limited (ASX: ECT) has announced that it has entered into an agreement to sell part of the Company's Yallourn Property, located in Victoria's Latrobe Valley, for $1.3 million. Completion of the sale is conditional on a 30-day due diligence period in favour of the purchaser, who is an unrelated third party. ECT acquired the Yallourn property in 2022 with the intention of developing a hydrogen refinery project at the site. However, the Company has since shifted its focus, and the Yallourn property has largely been left unused. As noted in its previous ASX announcement, ECT has been actively looking for opportunities to divest the Yallourn property and is pleased to now enter into this binding sale agreement. The funds raised from the sale will be used to continue the development of ECT's technologies as it continues to pursue its strategy of building a portfolio of innovation and scalable technologies.

The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.