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Calgary, Alberta — November 26, 2024 — AdvEn Inc. (“AdvEn”) is pleased to announce the appointment of Ingo Mueller as Chief Executive Officer (“CEO”) and member of the Board of Directors.

“Ingo’s extensive experience in leading global organizations and his deep understanding of strategic growth make him an ideal leader for AdvEn as we continue to scale our advanced energy storage solutions,” commented AdvEn board chair Dr. Greg Ombach. “His expertise in building strong teams and leveraging global partnerships will be instrumental in driving our mission forward.”

Ingo Mueller brings decades of experience as a C-Suite Executive and strategic advisor to a wide range of industries, including engineering, energy, and hospitality. His work with prominent organizations such as Daewoo Ship Building and Marine Engineering Co. Ltd., BAO Minerals (BAO STEEL Group), and Petro China underscores his ability to navigate complex challenges and deliver outstanding results. Ingo’s leadership style focuses on fostering collaboration and achieving strategic goals.

“I am honored to take on the role of CEO at such a pivotal time in AdvEn’s journey,” said Ingo Mueller. “Having worked with this exceptional team over the past few years as both an advisor and SVP Corporate Development, I am excited to lead AdvEn into its next phase of growth, scale our operations, and deliver innovative solutions in the energy storage industry.”

About AdvEn Inc.

AdvEn Inc. (formerly Nano Innovations Inc.), through its wholly owned subsidiary AdvEn Industries Inc., develops and commercializes carbon-centric advanced technologies that convert petroleum refinery residues into non-combustible products for energy and environmental applications. AdvEn’s 36,000 ft² manufacturing plant and research facility in Nisku, Alberta, Canada, will initially produce up to 400 metric tons per year of Advanced Super Activated Carbon (“ASAC”) before scaling to 1,200 metric tons per year. The company is also piloting its patented dry electrode super adhesive coatings (“ESAC”) process. Both ASAC and ESAC offer superior technical performance, reduced GHG emissions, and excellent cost efficiency.

AdvEn, ASAC, and ESAC are trademarks of AdvEn in Canada and the United States.

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