374Water Welcomes Bradley Freels to Board of Directors

**374Water Appoints Real Estate Veteran Bradley R. Freels to Board of Directors**

**Morrisville, NC – January 5, 2026** – 374Water Inc. (NASDAQ: SCWO), a pioneering force in organic waste destruction technology and services, today announced a significant addition to its leadership team with the appointment of Bradley R. Freels to its Board of Directors, effective immediately. Freels, a seasoned real estate investor and entrepreneur, is poised to lend his extensive expertise to the company’s strategic growth initiatives and the commercialization of its innovative AirSCWO technology.

Freels brings a formidable track record as the Chairman and Chief Executive Officer of Midway, a prominent real estate investment, development, and construction firm headquartered in Houston, Texas. Under his leadership, Midway has not only established a strong presence in key U.S. metropolitan markets but has also expanded its influence into Northern Mexico. The firm’s impressive portfolio boasts the development and acquisition of over 55 million square feet of diverse properties, encompassing office, industrial, hospitality, multifamily, student housing, medical, and retail sectors. Furthermore, Midway has masterfully managed more than 5,000 acres dedicated to business and residential communities across numerous cities.

Beyond his extensive real estate ventures, Freels is recognized for his acumen in early-stage company development and financing. His involvement extends to a range of successful enterprises, including 374Water itself, demonstrating a long-standing belief in the company’s disruptive potential. His deep understanding of capital allocation and business development, honed through years of steering complex projects and investments, is expected to be instrumental as 374Water scales its operations.

“Bradley Freels’ appointment marks a pivotal moment for 374Water,” stated Stephen J. Jones, Chairman and Interim President and Chief Executive Officer of 374Water. “His proven success in strategic investment and enterprise growth, coupled with his intimate knowledge of our company as an early supporter, will be invaluable. His expertise will directly support the commercialization of our AirSCWO technology and accelerate the conversion of our expanding project pipeline, driving significant long-term shareholder value.”

Freels expressed enthusiasm for his new role, highlighting the alignment between 374Water’s mission and his vision for sustainable development. “I am honored to join 374Water at this critical juncture,” Freels commented. “The growing demand for efficient and environmentally sound waste destruction solutions presents a tremendous opportunity for the AirSCWO technology. I see immense potential for 374Water to positively impact sectors like municipal infrastructure, which can lead to more affordable housing and significant environmental benefits. I look forward to collaborating with the management team to execute our ambitious growth strategy.”

Freels’ commitment to strategic development is further evidenced by his active participation in various national and local organizations. He holds board positions with esteemed institutions such as MD Anderson Cancer Center, Baylor College of Medicine, Yellowstone Lower School, Texas A&M Mays Business School, and the Greater Houston Partnership, underscoring his dedication to community and institutional advancement. He holds both a Bachelor of Business Administration (BBA) and a Master of Business Administration (MBA) from Texas A&M University.

**About 374Water**

374Water Inc. (NASDAQ: SCWO) is a global industrial technology and services company providing innovative solutions for wastewater treatment and waste management challenges across industrial, municipal, and federal markets. The company’s proprietary AirSCWO technology is engineered to efficiently destroy and mineralize a wide array of organic wastes, including hazardous and non-hazardous materials. This process yields safe dischargeable water streams, environmentally benign mineral effluent, safe vent gas, and recoverable heat energy. By enabling customers to meet stringent discharge regulations, reduce disposal costs, eliminate operational bottlenecks, and mitigate litigation risks, 374Water is at the forefront of creating a greener future and eradicating harmful pollutants. For more information, visit www.374water.com.

**Cautionary Language on Forward-Looking Statements**

This communication contains “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. These statements, often identified by terms such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “predict,” “project,” and “potential,” reflect current expectations regarding future events and performance. Forward-looking statements encompass projections related to 374Water’s capabilities in PFAS destruction, the timeline and outcomes of its Waste Destruction Services project in Minnesota, market demand for its AirSCWO technology, and the company’s overall future prospects. These statements are subject to known and unknown risks, uncertainties, and other factors that could cause actual results, activity levels, performance, or achievements to differ materially from those expressed or implied. 374Water has based these statements on its current expectations, assumptions, estimates, beliefs, and projections. While considered reasonable, these projections involve inherent risks and uncertainties, many of which are beyond the company’s control. Investors are advised to review the “Risk Factors” section in 374Water’s Form 10-Q for the quarter ended September 30, 2025, and subsequent SEC filings for a comprehensive understanding of these risks. 374Water undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, unless required by law.