Land Betterment Corporation Releases 2nd Annual Public Benefit Report

FISHERS, Ind., July 6, 2022 /3BL Media/ - Land Betterment Corporation (“Land Betterment” or the “Company”), an environmental solutions company fostering positive impact through upcycling former coal mining and industrial sites to create sustainable community development and job creation, is pleased to announce the publication of its 2^nd Annual Public Benefit Report.

Executive Chairman, Mark Jensen commented, “2021 was a year of execution and expansion of the entrepreneurial efforts of 2020. Ideas are wonderful and valuable things. However, without ongoing hard work and determination, these ideas would not have started to bare fruit. We are blessed with a team willing to do the hard work necessary to make the results look easy. Personally, not much in business will ever compare to mobilizing 4 houses after the December tornadoes devastated western Kentucky. Providing safe and sustainable homes (plus bedding, towels and even a Christmas tree) to families displaced was one of my greatest accomplishments.”

Kirk Taylor, President and Benefit Director added, “Our Land Betterment team is without comparison. We are proud to have a fully independent board which is a rarity for private companies. The diversity of background, geography and thought, challenge us and make Land Betterment better in every way. Our diverse internal hires this year each bring unique and necessary skills to scale while keeping proper internal controls in place. We thank all of our stakeholders for their continued support and look forward to another year of growth, execution and meaningful impact.”

2021 INITIATIVES

Environmental Solutions:

• Continued to perform the fundamental work of land and waterway remediation and restoration. With the understanding that the foundation must be solid before moving forward on regional economic development.
• Broadened the population of projects undertaken, from coal mine restoration to other post-industrial sites.

Sustainable Business Pillars:

Betterment Harvest

• Purchased the former Busy, Kentucky elementary school for the purpose of creating a vertical farm propagation hub.
• Engaged the controlled environment agriculture engineering firm, Urban Gro, for the design build work.

ekō

• Produced and deployed the first 4 ekō homes in disaster response to severe tornados in western Kentucky. The homes were furnished rent free to residents of Dawson Springs, Kentucky providing them a foundational starting point to rebuild their lives.

Entrepreneur Zone

• Completed renovations and began leasing space to area businesses.
• During 2021, completed space was leased to Mountain Comprehensive Care Center which allows the ongoing support of regional rehabilitation services.

2022 INITIATIVES

Environmental Solutions:

• Without losing site of core competencies and focus on transitioning fossil fuel communities, began to broaden both services offered as well as geographic regions served.
• Foster positive environmental and social outcomes by completing work along-side the LBX Token.

Sustainable Business Pillars:

Betterment Harvest

• Begin initial propagation center in Appalachia.
• Engage the local education system to develop Ag-tech programs which can be supported by our operations.

Betterment Recycling

• Finalize equipment purchasing for 2 rubber recycling facilities.

ekō

• Complete the first permanent ekō village in Pike County, Kentucky.
• Continue to expand the housing impact beyond the 20+ ekō homes deployed to displaced disaster victims.

Entrepreneur Zone

• Continue outreach.
• Begin hosting local and regional entrepreneur and stakeholder events.

Pollinate

• Continue to expand bee apiaries across reclamation areas to support land remediation process and regional bee health.

About Land Betterment Corporation

Land Betterment Corporation, an Indiana Benefit Corporation and Pending B-Corp, is an environmental solutions company focused on fostering a positive impact through upcycling former coal mining sites to create sustainable community development and job creation. The Company utilizes a complete solution-based lifecycle program to restore and rehabilitate the environment and revitalize communities in need of change and opportunity. Land Betterment accomplishes this by identifying un-reclaimed, run-down and neglected coal mining sites, fixing the environment through reclamation and remediation, and then repurposing the land to support a sustainable business that serves the community. Land Betterment firmly believes that with real solutions it is possible for restoration of impacted areas to live side-by-side long term employment, while building sustainable and safe surroundings for communities and our planet. For more information visit landbetterment.com or connect with the Company on Facebook, Twitter, and LinkedIn.

Special Note Regarding Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks, uncertainties, and other important factors that could cause the Company’s actual results, performance, or achievements or industry results to differ materially from any future results, performance, or achievements expressed or implied by these forward-looking statements. These statements are subject to a number of risks and uncertainties, many of which are beyond Land Betterment Corporation’s control. The words “believes”, “may”, “will”, “should”, “would”, “could”, “continue”, “seeks”, “anticipates”, “plans”, “expects”, “intends”, “estimates”, or similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Any forward-looking statements included in this press release are made only as of the date of this release. The Company does not undertake any obligation to update or supplement any forward-looking statements to reflect subsequent events or circumstances. The Company cannot assure you that the projected results or events will be achieved.

Company Contacts:

Mark LaVerghetta
317.537.0492 ext. 0
Chief Governance Officer, Corporate Finance
info@landbetterment.com

Stephanie Conzelman
207.205.0790
Stakeholder Engagement Director
info@landbetterment.com