“LAG Technologies Inc.” operating as, “Lag Technologies” (the company) was incorporated in the Province
of Ontario on March 3, 2022, by Founder and CEO, Angelo Scarangella. The technology is a rotary-kiln
incineration process (the Technology) capable of permanently destroying PolyChlorinated Biphenyls
(“PCBs”) and other hazardous waste materials (i.e. dioxins, furans, and more). The company’s objective is
to offer a permanent, efficient, and economical solution for the safe destruction of high concentration PCBs
and other hazardous waste materials contained in land and in current storage facility sites in Ontario.
The technology is proven in the United States and was previously approved for use by the Ministry of
Environment and Energy of Ontario, for a site in Smithville, Ontario in 1991. Based on this Ontario proof of
concept, successful extensive formal approval process, and 18 months of operations, LAG Technologies
enjoys a current Certificate of Approval. The company’s growth will be fostered by the ban on PCBs from
landfills in Canada and the United States. Additionally, the Government of Canada and Ontario legislation
required the removal and destruction of all PCBs from service or storage by December 2008. LAG
Technologies is seeking to capitalise on the unique, developed, commercialised toxic waste destruction
technology by tapping into the nascent PCB market in Ontario.