Mr. Jason Roy reports

ELECTROVAYA ANNOUNCES DATE FOR Q1-2024 FINANCIAL RESULTS & CONFERENCE CALL

Electrovaya Inc. will file and release its financial results for the first quarter ending Dec. 31, 2023, following the market close on Monday, Feb. 12, 2024. This will be followed by a conference call at 5 p.m. ET on the same day, presented by chief executive officer Dr. Raj DasGupta and chief financial officer John Gibson to discuss the financial results and provide a business update.

Conference call details:

• Date: Monday, Feb. 12, 2024;
• Time: 5 p.m. Eastern Time;
• Toll-free: 888-506-0062;
• International: 973-528-0011;
• Participant access code: 437462.

To help ensure that the conference begins in a timely manner, please dial in 10 minutes prior to the start of the call.

For those unable to participate in the conference call, a replay will be available for two weeks beginning on Feb. 12, 2024, through Feb. 26, 2024. To access the replay, the dial-in number is 877-481-4010 and 919-882-2331. The replay access ID is 49873.

About Electrovaya Inc.

Electrovaya is a pioneering leader in the global energy transformation, focused on contributing to the prevention of climate change by supplying safe and long-lasting lithium-ion batteries. The company has extensive intellectual property and designs, develops and manufactures proprietary lithium-ion batteries and battery systems for energy storage and heavy-duty electric vehicles based on its Infinity battery technology platform. This technology offers enhanced safety and industry-leading battery longevity. The company is also developing next-generation solid-state battery technology at its labs division. Headquartered in Ontario, Canada, Electrovaya has two operating sites in Canada and has acquired a 52-acre site with a 135,000-square-foot manufacturing facility in New York for its planned gigafactory. .