Ms. Camille Laventure reports

BORALEX TO HOLD VIRTUAL ANNUAL MEETING OF SHAREHOLDERS ON MAY 10, 2023

Boralex Inc. will hold its annual meeting of shareholders in a virtual-only format at 11 a.m. on Wednesday, May 10, 2023.

The annual meeting will be broadcast on-line in audio only. Simultaneous interpretation will also be available for English-speaking participants. The on-line access to the event will start at 10:30 a.m. EDT. Shareholders will not be able to attend the meeting in person.

Registered shareholders and duly appointed proxyholders will be able to attend the meeting, ask questions and vote, all in real time, if they are connected to the Internet and fulfill the conditions set out in the management information circular. Non-registered shareholders (shareholders who hold their Boralex shares through a securities broker, investment dealer, bank, trust company, custodian, nominee or other intermediary) who have not duly appointed themselves as proxyholder will be able to attend the meeting as guests but will not be able to vote or ask questions.

Date and time:  Wednesday, May 10, 2023, at 11 a.m. ET

For additional information on how to attend the virtual meeting of shareholders, by registered and non-registered shareholders, and duly appointed proxyholders, please refer to the notice of meeting.

Note that Boralex's management information circular, corporate social responsibility (CSR) report and annual report are available on the Boralex website and SEDAR.

About Boralex Inc.

At Boralex, it has been providing affordable renewable energy accessible to everyone for over 30 years. As a leader in the Canadian market and France's largest independent producer of onshore wind power, it also has facilities in the United States and development projects in the United Kingdom. Over the past five years, its installed capacity has more than doubled to three gigawatts. The company is developing a portfolio of close to four gigawatts in wind and solar projects and nearly 800 megawatts in storage projects, guided by its values and its corporate social responsibility approach. Through profitable and sustainable growth, Boralex is actively participating in the fight against global warming. As a result of its fearlessness, its discipline, its expertise and its diversity, it continues to be an industry leader. Boralex's shares are listed on the Toronto Stock Exchange under the ticker symbol BLX.