Mr. Marc Blanchet reports

H2O INNOVATION ANNOUNCES ELECTION OF BOARD OF DIRECTORS

H2O Innovation Inc. held on Tuesday, Nov. 10, 2015, its annual general meeting of shareholders at its headquarters in Quebec City, Canada.

Shareholders re-elected the following directors to the corporation's board of directors: Philippe Gervais, chairman of the board, Frederic Dugre, president and chief executive officer, Pierre Cote, Peter K. Dorrins, Laurence E. Gamst, Lisa Henthorne, Richard Hoel, Elaine C. Phenix and Jean-Real Poirier. Among these nine directors, eight are external directors and independent.

During the meeting, shareholders appointed Deloitte LLP, Chartered Accountants, as auditor of the corporation for the fiscal year ending June 30, 2016.