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Green Earth Q2 update: sales order book reaches €41.5 million as commercial breakthrough continues

Green Earth Group N.V. ("Green Earth" or "the Group") (Euronext: EARTH, NL0009169515), a leading end-to-end developer of nature-based solutions, today publishes its Q2 2026 update. Green Earth expanded its sales order book to €41.5 million during the first half of 2026, including €4.1 million in prepaid contracted sales. The results demonstrate the Group's continued transition from project development to commercial execution.

Q1 2026 key highlights

  • Sales order book:

    • Building on its strongest quarter in Q1, Green Earth’s sales order book reached €41.5 million as of 30 June 2026. The sales order book comprised €5.9 million in prepaid contracted sales and €35.6 million in contracted sales on delivery.

    • During Q2 2026, Green Earth secured an additional €1.5 million in prepaid contracted sales, bringing total prepaid sales secured during 2026 to €4.1 million, all received in cash. In the first half of 2026 alone, the Group secured approximately twice as much prepaid sales as during the previous five years combined.

    • The continued growth of the sales order book provides strong visibility on future cash flows and revenue. While prepaid contracted sales generate immediate cash inflows, sales-on-delivery contracts are payable upon the future issuance or delivery of credits, enabling Green Earth to capture higher long-term value from its project portfolio. 

  • Project development:

    • Green Earth continued executing its global project portfolio, bringing total land under active restoration to 4,479 hectares. During H1 2026, planting activities took place in Cameroon, Kenya, Uganda and, for the first time, Kazakhstan. The Group's proprietary smallholder farmer CRM now includes 3,126 registered farmers. As most projects have two planting seasons annually, preparations are already underway for the second planting cycle, expected to conclude in Q4 2026 and anticipated to include additional planting in Malawi and the Democratic Republic of Congo.

    • Total cookstove distribution reached 90,000 units, with local manufacturing capacity in Kenya and Nigeria continuing to scale.

    • Green Earth completed its two-year pre-feasibility programme across Lithuania, Poland, Latvia, and Ukraine, and launched a full feasibility study for regenerative agriculture and soil organic carbon credits in West Ukraine under the Verra VCS VM0042 methodology — the Group's first soil carbon programme and its entry into one of the world's largest agricultural markets.

  • Strategic execution: 

    • Green Earth completed the first year of its strategic execution framework introduced on 30 June 2025. The results set out in this Q2 update provide the final performance overview for that first strategic cycle. A new set of strategic short-term objectives will be announced in the coming weeks.

  • Corporate milestones:

  • Outlook:

    • On 2 January 2023, the Group projected gross carbon credit sales of €79.8 million to €160.8 million over the following decade. On 27 June 2025, the Group referred back to that first outlook and confirmed that, supported by an expanded project pipeline, active offtake agreements, and ongoing delivery, it remained confident in surpassing those initial targets.

    • With commercial execution accelerating and the sales order book continuing to expand, Green Earth reiterates its confidence in surpassing its previously communicated gross carbon credit sales outlook and believes it is well positioned to execute against its long-term commercial strategy.

In the coming weeks, the Group will present a new set of short-term strategic objectives for the 12-month period ending 30 June 2027, outlining the next milestones in executing its long-term strategy.

Chief Executive Officer Selwyn Duijvestijn stated: “Nature-based project development requires capital, design, field execution, monitoring and validation before commercial value can be realised. Since 2020, Green Earth has built the foundation required to reach this stage. The €41.5 million sales order book is the result of the path we set out: building a scalable portfolio capable of generating substantial long-term carbon credit sales.”

About Green Earth

Green Earth is an end-to-end project developer of high-quality, large-scale nature-based solutions accredited by leading standards. The company is driven by a mission to make regeneration scalable and investable for people and the planet. Green Earth’s projects enhance biodiversity, restore ecosystems, and improve community livelihoods worldwide. Green Earth oversees the full project lifecycle, from initial design to long-term monitoring and credit issuance, ensuring integrity and transparency at every stage.

The company’s global team of specialists combines world-class expertise with a local presence to deliver measurable environmental and social outcomes that enable businesses and governments to achieve net zero while creating lasting economic value. Green Earth Group is publicly listed on Euronext Amsterdam under the ticker symbol AEX:EARTH and ISIN code NL0009169515. www.green.earth

Contact for press enquiries

For more information, please contact:

GREEN EARTH
press@green.earth
+31320788118

Or visit: https://www.green.earth



Disclaimer

This press release does not contain an (invitation to make an) offer to buy or sell or otherwise acquire or subscribe to shares in Green Earth and is not an advice or recommendation to take or refrain from taking any action. This press release contains statements that could be construed as forward-looking statements, including about the financial position of Green Earth, the results it achieved and the business(es) it runs. Forward-looking statements are all statements that do not relate to historical facts. These statements are based on information currently available and forecasts and estimates made by Green Earth’s management. Although Green Earth believes that these statements are based on reasonable assumptions, it cannot guarantee that the ultimate results will not differ materially from those statements that could be construed as forward-looking statements. Factors that may lead to or contribute to differences in current expectations include, but are not limited to: developments in legislation, technology, tax, regulation, stock market price fluctuations, legal proceedings, regulatory investigations, competitive relationships and general economic conditions. These and other factors, risks and uncertainties that may affect any forward-looking statement or the actual results of Green Earth are discussed in the annual report. The forward-looking statements in this document speak only as of the date of this document. Subject to any legal obligation, Green Earth assumes no obligation or responsibility to update the forward-looking statements contained in this document, whether related to new information, future events or otherwise. The provision of Green Earth’s services and products is subject to its General Terms and Conditions.

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