Clean Vision Recognizes Shareholder Support, Announces Special Stock Dividend

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LOS ANGELES, CA / ACCESSWIRE / February 17, 2023 / Clean Vision Corporation (OTCQB:CLNV) ("Clean Vision" or the "Company"), is pleased to announce that its Board of Directors (the "Board") has declared a special dividend of five shares of the Company's common stock (the "Common Stock") for every one hundred shares of Common Stock issued and outstanding (the "Dividend"). On February 16, 2023, the Board approved the Dividend and set the record date for the Dividend as February 27, 2023 (the "Record Date") and the payment date as March 13, 2023 (the "Payment Date").

The Dividend will be distributed on the basis of five shares of Common Stock for every 100 shares of Common Stock owned on the Record Date (the "Dividend Shares"), with any fractional shares rounded down to the shareholders' lower 100-share amount owned. The Dividend Shares will carry a standard restrictive legends, which means the Dividend Shares may not be resold until they are ‘aged' and/or registered in a suitable registration statement. Clean Vision's officers, directors, five percent-or-higher shareholders, and certain employees or consultants are subject to the same if not greater resale restrictions.

The majority of shareholders will receive their respective portion of the Dividend Shares directly via their broker or investment firm that holds investment on their behalf in street name. Shareholders whose shares are registered directly with the Company's transfer agent (EQ Shareowner Services) will receive the Dividend Shares via EQ by mail. Shareholders of record as of the Record Date do not need to take any action whatsoever to receive the Dividend Shares and are encouraged to consult with their financial planning professional, accountant or licensed stockbroker with any questions regarding the individual disposition of their dividend shares.

"We are happy to announce the Board has declared this special dividend to recognize and appreciate the support our shareholders have displayed throughout the early stages of the Company's growth. Now, as we enter the next phase for our strategic long-term plans, we wanted to acknowledge and reward the shareholders for their support and confidence in the team at Clean Vision" said Dan Bates, CEO.

The Dividend will be payable at a ratio of 5:100, meaning that five shares of Common Stock will be issued for every one hundred shares of Common Stock held by the shareholders of such shares as of the Record Date.

Clean Vision Corporation, Friday, February 17, 2023, Press release picture

About Clean Vision Corporation

Clean Vision Corporation operates and intends to acquire and operate a portfolio of synergistic companies in the sustainable clean technology and green energy sectors. For more information, visit: cleanvisioncorp.com and follow us on Twitter: @CleanVisionCorp

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