374Water Appoints Bradley Freels to Board of Directors

Core Viewpoint - 374Water Inc. has appointed Bradley R. Freels to its Board of Directors, which is expected to enhance the company's long-term growth strategy through his extensive experience in real estate investment and development [1][4]. Group 1: Appointment of Bradley R. Freels - Bradley R. Freels is a veteran real estate investor and developer, currently serving as Chairman and CEO of Midway, a prominent real estate firm in Houston, Texas [2]. - Under Freels' leadership, Midway has developed and/or acquired over 55 million square feet of various property types across the United States and Northern Mexico, along with more than 5,000 acres of business and residential communities [2]. - Freels has a strong background in startup financing and has been involved with several enterprises, including 374Water, showcasing his diverse investment experience [3]. Group 2: Strategic Importance of the Appointment - Freels' experience in business development and capital allocation is expected to provide valuable insights to 374Water as it advances its growth strategy and commercializes its AirSCWO technology [4]. - The company aims to leverage Freels' expertise to enhance its impact on the real estate industry, particularly in making homes more affordable through improved municipal infrastructure [4]. - Freels expressed his commitment to supporting the management team in executing the growth strategy to build long-term value for shareholders [4]. Group 3: About 374Water - 374Water Inc. is a global leader in industrial technology and services, focusing on innovative solutions for wastewater treatment and waste management in industrial, municipal, and federal markets [5]. - The company's AirSCWO technology is designed to efficiently destroy and mineralize a wide range of organic wastes, producing safe dischargeable water, mineral effluent, vent gas, and recoverable heat energy [5]. - 374Water aims to assist customers in meeting discharge requirements, reducing disposal costs, and minimizing litigation risks, thereby contributing to a greener future [5].