ESG GLOBAL IMPACT CAPITAL INC.

1000 – 925 West Georgia Street

Vancouver, BC

V6C 3L2

For Immediate Release

DEBT SETTLEMENT

VANCOUVER, BC, CANADA – March 04, 2022 ESG Global Impact Capital Inc. (“ESG” or the “Company”) (TSXV: ESGW) Further to the Company’s press release of March 2, 2022, the Company has agreed to issue 2,307,692 common shares at deemed price of $0.07875 per share to settle an aggregate indebtedness of $181,731 representing a litigation settlement around a consulting agreement dated February 13, 2020 pursuant to which the consultant was retained as a strategic advisor to assist the Company in assessing future business opportunities and developing a capital markets strategy. All securities will, when issued, be subject to a four month plus one day hold period. The issuance remains subject to regulatory approval.

For further information, contact Mr. David Berg, CEO of ESG Global Impact Capital Inc. at: info@esgcapitalinc.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this release. Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This press release may contain forward-looking statements. All statements, other than statements of historical fact, constitute “forward-looking statements” and include any information that addresses activities, events or developments that the Company believes, expects or anticipates will or may occur in the future including the Company’s strategy, plans or future financial or operating performance and other statements that express management’s expectations or estimates of future performance.