OTC: RNGE

We
have a particular interest in providing environmental and social solutions in economically-disadvantaged regions of the United States.
Initially, the Company is targeting the Appalachian region, which is home to communities with some of the most disadvantaged income,
education and employment demographics in the United States. Our strategy is to acquire large mine sites burdened by substantial legacy
reclamation obligations and use our team and resources to perform the requisite reclamation activities and obtain full bond release,
thereby unlocking the underlying value of the land and creating a critical catalyst for sustainable, long-term economic development in
the disadvantaged coal communities of Appalachia.

We had previously focused primarily
on generating revenue by providing reclamation and incidental mining and security services to third party mining companies, permit holders
and private owners with abandoned mine land property. However, beginning in early 2025, our strategy evolved from a service-based business
model to a land ownership business model designed to unlock the underlying value of land we own through our own reclamation activities,
and then creating multiple streams of long-term recurring revenue with a diverse group of third-party lessees focused on next-generation
uses.

Recent
significant land and asset acquisitions include:

●
Fola
Mine Acquisition (March 2025): The Company acquired 120,154 acres of fee, surface, and mineral interests at the Fola Mine Complex in
Clay and Nicholas Counties, West Virginia (the “Fola Acquisition”). The acquisition included the purchase of 15 mining
permits and the assumption of management and reclamation responsibilities for 21 additional mining permits that remained with the
current permittee, WV Reclaim Co. LLC, with an estimated total asset retirement obligation of $36.6 million. The Company also assumed two coal royalty contracts,
and a 25-year lease for a large-scale solar project. The Fola Acquisition is described in more detail in Note 4 to the Consolidated Financial Statements included elsewhere in this Annual Report.

●
Ramp
Run Mine Transaction (May 2025): The Company entered into a Transaction Advisory Agreement (“Advisory Agreement”) with
AppleAtcha Land, LLC (“AppleAtcha”) and WV Reclaim Co, LLC (“Reclaim”), pursuant to which AppleAtcha and
Reclaim agreed to pay the Company $750,000 and $25,000, respectively (collectively, the “Advisory Fee”) in connection
with the Company’s assistance with the sale to a third-party purchaser of (i) approximately 424.80 acres of surface interests and 3,773.60 acres of mineral interests
and (ii) three (3) related mining permits ((i) and (ii) collectively referred to herein as the “Ramp Run Mine”).

●

Winoc
Acquisition (June 2025): The Company acquired two mining permits for which the Company had previously assumed management and
reclamation responsibilities through the Fola Acquisition and assumed an associated coal lease at the Fola Mine (the “Winoc
Acquisition”).

●
Premier-Cambrian Acquisition (December 2025): The Company
acquired 15,704 acres of surface land and 42,500 acres of mineral interests associated with the Premier Elkhorn Mine Complex and
Cambrian Coal Mine Complex in Pike, Letcher and Floyd Counties, Kentucky (the “Premier-Cambrian Acquisition”). The
acquisition included the assumption of management and reclamation responsibilities for 43 mining permits that remained with the
current permittee, Reckoning Reclamation LLC, with an estimated total asset retirement obligation of $43.1 million. The
Premier-Cambrian Acquisition is described in more detail in Note 5 to the Consolidated Financial Statements included elsewhere in this Annual Report.

4

Our
corporate headquarters is located in Cleveland, Ohio, with additional office locations in Fola, West Virginia and Myra, Kentucky.
As of March 30, 2026, we employed 10 full-time employees. In addition, we have, from time to time, engaged various
contractors, consultants and professional service firms to provide us with flexible and experienced resources to advance our
corporate objectives while maintaining a cost-effective overhead structure. We strive to instill a corporate culture of honesty,
integrity and respect while advancing our mission of doing well by doing good.

Our
two operating business segments are Range Land and Range Services.

Range
Land

Range
Land is focused on acquiring former mine lands with the goal of reclaiming and repurposing the sites for non-fossil fuel uses, including
commercial, industrial, residential and recreational developments, with a particular focus on power generation facilities, data centers, innovative
agricultural installations, and projects focused on improving the quality and condition of the air, land and waterways.

According
to industry estimates, Appalachia contains approximately one million acres of abandoned, idled and non-performing mine sites that are
burdened with significant land reclamation and water restoration obligations. Many of these troubled mine sites are subject to mining
permits and associated reclamation bonds which prevent the land from being repurposed for non-mining uses until the land has been reclaimed
and the permits and bonds have been released by the applicable state’s environmental protection department. Water quality is a
particularly challenging issue since a permit can only be released if the site has at least 12 consecutive months of compliant water
samples without active chemical treatment, which heightens the need for water restoration solutions to help transition former mine land
to economically viable non-mining uses.

The
Company has assembled the internal and external resources and capabilities to reclaim land, restore waterways, install innovative
water treatment solutions, and secure mine sites to protect the significant historical investment in infrastructure. In addition,
the Company has expertise in the permit and bond release process, which is critical to unlocking the underlying value of former mine
land for next generation redevelopment.

Range
Services

Range
Services is our operating business segment that provides environmental and operational support services to help reclaim and
repurpose Company-owned former mine land into next generation uses. All of the Company’s reclamation, water treatment and
security employees, equipment and trucks, and technological innovations are classified within the Range Services business segment.
Range Services is dedicated to reclaiming and repurposing land owned by the Company and does not currently provide any reclamation,
water treatment or security services to third parties.

Reclamation
support services on mine sites include grading, recontouring, revegetation, erosion control, and other activities necessary to meet
federal and state post-mining land use requirements. Water treatment services include the operation and maintenance of passive and active
treatment systems designed to manage and treat mine-impacted water, including acid mine drainage, in compliance with applicable environmental
permits. Range Services is also responsible for collecting water samples, coordinating testing with certified laboratories, and treating
water with chemicals and other more innovative solutions, such as the Company’s proprietary biochar water filtration products and
system currently in development. Range Services also provides physical site security, access control, and risk mitigation activities
to ensure the safety, compliance, and regulatory protection of the Company’s land assets.

Competition

The
Company is focused on a large and growing marketplace for impact investing initiatives, and therefore, faces competition from a variety
of operating businesses and investment funds who are developing similar business plans and operating strategies to satisfy the increasing
demands of these types of investments in the marketplace. In many cases, these competitors are larger and better capitalized operating
businesses and investment funds.

5

The
Company competes on the basis of a number of factors, including our geographic focus on Appalachia, access to mission-driven energy-transition
capital, access to impact investing opportunities, strategic relationships with reclamation bond insurance companies, recruitment and
retention of key personnel, and supply relationships with critical vendors. Our ability to continue to compete effectively in our businesses
will depend upon our ability to attract new employees and retain and motivate our existing employees.

Inflation

The
Company has not incurred substantial costs increases driven by inflation.

Information
Systems

Foundation
Software, LLC (“Foundation”) serves as the Company’s third-party accounting software provider. Foundation’s software
is specifically designed for service companies, particularly those in the construction, contracting and reclamation industries. Foundation’s
software offers the Company several enhanced features critical to the successful execution of its shareholder value creation plan, including
(i) general ledger accounting, including accounts payable, accounts receivable, inventory and customer billing, (ii) equipment tracking
on job sites, maintenance, utilization and depreciation, (iii) employee tracking on job sites, time and materials, utilization, and billing,
(iv) job costing and profitability reporting segmented by customers, job types and location, and (v) numerous real-time management dashboard
and key performance indicator reports that allow management to closely monitor financial and operational performance and quickly react
to business opportunities and issues. Furthermore, Foundation’s software allows the Company to more readily scale operations and
efficiently and cost-effectively support the anticipated growth of each of our business lines, thereby reducing the risk that our accounting
and management systems become a limiting factor to our growth initiatives.

Going
Concern

The
accompanying financial statements have been prepared on a going concern basis, which contemplates the realization of assets and the
settlement of liabilities and commitments in the normal course of business. As reflected in the accompanying financial statements,
during the year ended December 31, 2025, the Company incurred a net loss (excluding recognized bargain purchase gains of
$21,928,500) of $2,760,822 and generated $123,028 of cash in the Company’s operating activities. These factors raise
substantial doubt about the Company’s ability to continue as a going concern within one year of the date that the accompanying
financial statements are being issued. The financial statements do not include any adjustments that might be necessary should the
Company be unable to continue as a going concern.

The
ability to continue as a going concern is dependent on the Company attaining and maintaining profitable operations in the future
and/or raising additional capital to meet its obligations and repay its liabilities arising from normal business operations when
they come due. The Company estimates, as of December 31, 2025, that it may not have sufficient funds to operate the business for 12
months given our cash balance of $2,110,171 and our near-term cash requirements and expected revenues to be generated by the
Company’s operating business segments. These estimates could differ if the Company encounters unanticipated
difficulties, or if its estimates of the amount of cash necessary to operate its business prove to be wrong, and the Company uses
its available financial resources faster than it currently expects. The Company is actively seeking additional financing and other
sources of capital to fund its currently estimated level of operations. No assurance can be given that any future financing or
capital, if needed, will be available or, if available, that it will be on terms that are satisfactory to the Company.

General
Information

We
maintain a corporate website at: www.rangeimpact.com. Information contained on our website is not incorporated by reference in this Annual
Report. We file reports with the Securities and Exchange Commission (“SEC”) and make available free-of-charge through our
website our annual reports, quarterly reports, current reports, proxy and information statements and amendments to those reports filed
or furnished pursuant to Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).